Yancoal Australia Ltd. · ASX:YAL
Yancoal Australia — Shareholder Meeting (May 2018)
13 slides from Yancoal Australia's shareholder meeting presentation, May 30, 2018
Slide 1: Yancoal Australia Ltd Annual General Meeting
Yancoal Australia Ltd Annual General Meeting 30 May 2018 1
Slide 2: Disclaimer
Disclaimer Summary of information This Presentation contains summary information about Yancoal Australia Ltd (“Yancoal”, “Yancoal Australia” or the “Company”) and its subsidiaries and their activities. It should be read in conjunction with Yancoal’s other periodic and continuous disclosure announcem
Slide 3: Chief Executive Officer Reinhold Schmidt
CHIEF EXECUTIVE OFFICER REINHOLD SCHMIDT 3 3
Slide 4: Australia's Largest Pure-Play Coal Producer
AUSTRALIA’S LARGEST PURE-PLAY COAL PRODUCER 4 4
Slide 5: US$2.45B Acquisition of Coal & Allied; 23.44Mt Saleable Coal
US $2.45B ACQUISITION of Coal & Allied 23.44Mt SALEABLE COAL (equity share tonnes) For US$2.69 billion in value, comprising of US$2.45 billion Total 2017 production (equity share) up 47 percent on year cash payable on completion, US$240 million in future non- prior; including 4.92 million tonnes fro
Slide 6: 30.55Mt Run of Mine Coal; 28.54Mt Sales Volume
30.55Mt RUN OF MINE COAL (equity share tonnes) Strong production from Moolarben complex, supported by fleet efficiencies and of coal from acquired Coal & Allied assets. Year prior: 21.2Mt equity share 31 December 2016 5/30/2018 28.54Mt SALES VOLUME (equity share tonnes) • Total coal sales (equity sh
Slide 7: Total Revenue, Profit After Tax and Operating EBIT
$2.6B TOTAL REVENUE $229M PROFIT AFTER TAX Led by increased production output at a time of industry-high benchmark prices for semi-soft coking coal and thermal coal sales. $732M OPERATING EBIT TOTAL VALUE Up $693 million on the year prior 7 7
Slide 8: US$2.35B Capital Raising
US $2.35B CAPITAL RAISING • Pro-rata renounceable entitlement offer of 23,464,929,520 fully paid ordinary shares to raise US$2.35B • Associated placement of 1,500,000,000 fully paid ordinary shares to raise a further US$150M. Pro-Rata Major Shareholders(1) Entitlement Offer • Attracted new investors
Slide 9: The Yancoal Way
THE YANCOAL WAY Safety • Safety is not optional. It is considered in everything we do to eliminate harm to our people. People • We value involvement from everyone. Excellence • We identify and implement best practice and operate above the line in the ‘can do’ zone with Courage, Trust and Pride. Inte
Slide 10: Addendum
Addendum The following slides were not presented during the Annual General Meeting and are provided for the information of shareholders and interested parties. 10
Slide 11: Acquisition Highlights
Acquisition Highlights • Creating Australia’s largest pure-play coal producer with majority ownership in three flagship thermal coal mines in Australia • Potential to unlock substantial synergies with incremental value from the Glencore Transaction • Sustainable capital structure and future cash flo
Slide 12: Asset ownership and production
• ~50.0% ownership • Open cut • 2017 saleable production – 100%: 3.9Mt – Total recoverable reserves: 68Mt • Port Waratah Coal Services (PWCS) • 36.5% ownership • Newcastle Infrastructure Group (NCIG) • 27% ownership • 100% ownership • Wiggins Island Coal Export Terminal (WICET) • Open cut • 9.4% own
Slide 13: Financial Performance
Financial Performance Transformational acquisition drove immediate production and financial gains Year Ended December 2017 Year Ended December 2016 Profit Results for 2017 and 2016 with Accounting Reconciliations Before Tax Tax After Tax Before Tax Tax After Tax A$MM A$MM A$MM A$MM A$MM A$MM Revenue