Tpc Co., Ltd · KRX:130740
Tpc — Shareholder Meeting (December 2010)
7 slides from Tpc's shareholder meeting presentation, Dec 2, 2010
Slide 1: Annual Meeting of Shareholders
Exhibit 99.1 Annual Meeting of Shareholders December 2, 2010
Slide 2: Forward-Looking Statements & Non-GAAP Financial Measures
Forward-Looking Statements & Non-GAAP Financial Measures » Certain statements in this presentation may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statement
Slide 3: Our Past Year: Strengthening Our Business
Our Past Year “Strengthening Our Business” » Continued Investment in Operating Excellence Initiatives • Record setting Environmental / Health / Safety Performance • No Process Safety Incidents • Accelerated investment in High Return / Low Risk Capital Projects • Excellent Operating Performance throu
Slide 4: Current Business Environment: Stable, Consistent Markets
Current Business Environment “Stable, Consistent Markets” » Butadiene markets balanced • Global supply remains limited with light feed cracking by ethylene producers • Overall global rubber demand stable and improving with economic recovery • Natural rubber pricing above synthetic (leading the way o
Slide 5: Where We Are Headed: Investing in our Future
Where We Are Headed “Investing in our Future” » Continue to build on Operating Excellence Efforts • Investment in Environmental, Health, Safety • New Technical Center in Houston • High Return / Low Risk Capital (>50% IRR) • Reliability and operability enhancements » Targeting EBITDA Growth to $150MM
Slide 6: Adjusted EBITDA and Operating Cash Flow FY 2007 – FY 2010 & LTM Sep 2010
Adjusted EBITDA and Operating Cash Flow FY 2007 – FY 2010 & LTM Sep 2010 (1) Includes Hurricane Ike loss (2) Excludes $17 million insurance recoveries from Hurricane Ike loss (3) Excludes $65 million for year end AR collections effort 6
Slide 7: Reconciliation of Adjusted Proforma EBITDA to Net Income (Loss)
TPC Group Inc Annual Shareholder Meeting Presentation Reconciliation of Adjusted Proforma EBITDA to Net Income (Loss) (in millions) Fiscal Year Ended June 30, LTM Sep 2007 2008 2009 2010 2010 Adjusted Proforma EBITDA $ 86 $ 104 $ 77 $ 85 $ 98 Proforma Adjustments (1) (2) - - (37) 17 17 Adjusted EBIT