Nrw Holdings Limited · ASX:NWH

Nrw — FY2009 Earnings Presentation

16 slides from Nrw's earnings presentation, Aug 26, 2009

  1. Slide 1: Investor Presentation Full Year 2009 Result

    For personal use only Investor Presentation Full Year 2009 Result 26 August 2009 Jeff McGlinn, CEO - Julian Pemberton, COO - Mark Wallace, CFO

  2. Slide 2: Agenda

    For personal use only Agenda „ Highlights „ People and Safety „ Business Review „ Financial Summary „ Balance Sheet „ Cash Flow „ Outlook 2

  3. Slide 3: Financial and Operational Highlights

    Highlights Financial and Operational Highlights For personal use only „ Revenue of $509.6m 8% increase on FY2008 „ EBIT of $60.1m 12% increase on FY2008 „ NPAT of $37.1m 13% increase on FY2008 „ Net debt $40.2 million 58% decrease on FY08 „ Total dividends for the year of 2.0 cents per share. „ Civi

  4. Slide 4: People and Safety

    People and Safety 3000000 10 For personal use only „ At 30 June 2009 NRW employed 9 829 staff together with a significant 2500000 number of contractors 8 7 „ Continue to have very high 2000000 Man Hours employee retention rates 6 LTIFR „ Approximately 10% of total 1500000 5 employees are indigenous

  5. Slide 5: Civil Projects - New Contracts

    Civil Projects New Contracts For personal use only Project name Description RGP5 (South) „ Rail duplication - 54km of the southern section from Cowra siding to Yandi mine BHPBIO „ Contract includes: Rail formations, drill and blast, track and signals and a 300 man camp „ JV with Laing O’Rourke & Joh

  6. Slide 6: Civil Projects - Recently Completed Contracts

    Civil Projects Recently Completed Contracts For personal use only Project name Description Port Haven „ First project completed using NRW’s BHPBIO in-house concrete division „ Camp earthworks, drainage and minor concrete works for a new camp adjacent to the Port Hedland airport Brockman 4 „ Successf

  7. Slide 7: Mining Services

    For personal use only Mining Services Project name Description Hope Downs Mining „ Drill and blast, excavation, haulage Rio Tinto and waste dump management services „ In-pit works including pre-development pit establishment, waste pre-stripping, waste cutback and remnant ore mining Christmas Creek „

  8. Slide 8: Mining Services

    For personal use only Mining Services Project name Description Bootu Creek „ Drill and blast, excavation, haulage OM Holdings waste dump management services and crusher feed Simandou project „ Renegotiated contract extension Rio Tinto through to December 2010 plus one year option 8

  9. Slide 9: Promac / Action Mining

    For personal use only Promac / Action Mining Promac „ Water/Service truck sales successfully met budget. FY2010 expected to experience more challenging conditions „ Lighting towers and generator sets released on market with positive feedback „ In order to generate sales growth Promac is in the proce

  10. Slide 10: Financial Summary - Revenue by division

    Financial Summary Revenue by division For personal use only FY2009 FY2008 FY2007 $m Actual Actual Actual NRW Civil Contracting 295.0 336.8 162.0 NRW Mining Services 188.6 107.2 77.8 Promac 31.8 21.2 28.6 Action Mining 25.6 26.2 20.7 Other / Eliminations1 (31.4) (20.2) (11.5) Total Revenue 509.6 471.

  11. Slide 11: Financial Summary - Financials

    Financial Summary Financials For personal use only FY2009 FY2008 FY2007 $m unless stated Actual Actual Actual Revenue 509.6 471.2 277.6 EBITDA 81.2 71.9 45.2 EBITDA margin (%) 15.9% 15.3% 16.3% Depreciation (21.1) (18.1) (11.6) EBIT 60.1 53.8 33.6 EBIT margin (%) 11.8% 11.4% 12.1% Interest (8.1) (6.

  12. Slide 12: Balance Sheet

    Balance Sheet Summary Balance Sheet For personal use only $m unless stated 2009 2008 Cash 20.6 3.3 PPE 125.9 123.4 Highlights Other assets 165.3 185.0 Total assets 311.8 311.7 • Increase in cash reserves Current liabilities Interest bearing liabilities 34.7 53.2 • Decrease of interest bearing liabil

  13. Slide 13: Capital Expenditure

    For personal use only Capital Expenditure „ FY2009 capital expenditure of $25.9m 70 comprising: 60 ‰ $19.7m Growth. ‰ $6.2m Maintenance. 50 „ Capital expenditure primarily relates to: 40 ‰ NRW Civil & Mining ($22.7m) $m 51.0 30 ‰ Promac division ($2.9m) 20 36.4 ‰ Action Mining ($0.2m) 19.7 10 8.0 6.

  14. Slide 14: Operating Cash Flow

    Operating Cash Flow Operating Cash Flow For personal use only FY2009 FY2008 FY2007 $m Actual Actual Actual EBIT 60.1 53.8 33.6 Depreciation and amortisation 21.1 18.1 11.6 EBITDA 81.2 71.9 45.2 Working capital movements 6.9 (57.2) (0.2) Cash flows from operations 88.1 14.7 45.0 „ Efficient managemen

  15. Slide 15: Outlook - Strong growth and consistent margins

    Outlook Strong growth and consistent margins For personal use only 13% 12% 12% 11% 509.6 8% 471.2 277.6 186.2 76.7 2005 2006 2007 2008 2009 Revenue ($m) Margin (%) 15

  16. Slide 16: Outlook

    Outlook „ Strong FY2010 order book, expecting revenue growth of 20% For personal use only „ Tender activity increasing but remains competitive. „ Civil expansion opportunities due to commencement of LNG and new mining projects in Australia and overseas. Also opportunities in government related infra

NRW Holdings — FY2009 Earnings Presentation on 6ix