Slide 1: Form 6-K Report of Foreign Private Issuer
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 August 22, 2012 BHP BILLITON LIMITED BHP BILLITON PLC (ABN 49 004 028 077) (REG. NO. 3196209) (Exact name of R
Slide 2: Preliminary results for the year ended 30 June 2012
Preliminary Newman Marius 22 resourcing bhpbilliton August Kloppers 2012 the results future Chief YearExecutive ended 30 Officer June 2012 Graham Kerr Chief Financial Officer
Slide 3: Disclaimer
resourcing bhpbilliton Disclaimer This objectives scheduling; Forward developments. words. These control, looking For which facilities Other profitably metals environmental Commission Except information Non-IFRS BHP presentation margin operational UK Certain undue No Nothing Reliance The to Prelimin
Slide 4: Marius Kloppers, Chief Executive Officer
Preliminary Escondida Marius resourcing bhpbilliton Kloppers the results future Chief YearExecutive ended 30 Officer June 2012
Slide 5: Key messages
Key resourcing •bhpbilliton Preliminary A Targeting Strong Disciplined Our Sector commitment themes projects leading operating the aresults, significant investment in future shareholder to execution performance further 22 August reduction has simplify are returns established 2012 expected andinthe r
Slide 6: Robust financial results
Robust resourcing •bhpbilliton Note: Preliminary Slide Attributable Total Underlying Net Gearing Full operating 5Variance year Recordable financial ofdividend the results, 26% EBITDA EBIT profit future relates cash results following Injury of 22 (excluding of flow US$27.2 to US$15.4 112 of August th
Slide 7: Strong operating performance
Strong resourcing •–bhpbilliton 1. Minerals reported Effective Petroleum Escondida 90% (%) Queensland Preliminary Temporary Record Release Western deferral industrial Excludes operating in production operation, asset of of Australia (non-operated) the the action assets Coal results, this high operat
Slide 8: Graham Kerr, Chief Financial Officer
Eagle Ford Preliminary Graham resourcing bhpbilliton Kerr the results Chief future Year Financial endedOfficer 30 June 2012
Slide 9: Strength of diversified cash flow
Strength resourcing •bhpbilliton 1. 2. cash Underlying 25 50 75 100 (%) Iron Metallurgical Energy Petroleum D&SP Base SSM Net Aluminium Manganese (US$ 80F 16 24 H2 H1 32 Preliminary FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05 FY04 Y03 The Net Underlying Excludes Cash operating Ore flow Metals operating
Slide 10: Underlying EBIT variance FY11 to FY12
Underlying resourcing bhpbilliton EBIT (FY12 Uncontrollable 40.0 Controllable Energy Exchange Price1 FY11 0.0 10.0 20.0 (0.0) (0.4) (1.7) 27.2 (1.0) (2.0) 30.0 1.5 29.8 0.8 32.0 Cash Volume2 Sub-total Major Non-cash 1. FY12 Other3 2. in 3. Preliminary The Includes Major costs2 variance outages impac
Slide 11: Investment delivered volume growth
Investment resourcing bhpbilliton Volume 0I(US$ 1,000 2,000 3,000 Metallurgical 2,313 Energy 269 Base (35) SSM 17 Aluminium 64 Manganese 152 (375) D&SP (138) 1,548 Sub-total (719) Petroleum 2,267 Note: 308 Total (1,240) 1. Major Preliminary ron The Ore Metals million) Volume outages impact Coal vari
Slide 12: Targeting cost reduction
Targeting resourcing bhpbilliton The Queensland Decisive WAIO A FY12 Metallurgical +5% (%) Base Aluminium Energy Labour, Petroleum and Major Manganese Iron disruptions2 1. SSM Excludes 2. Preliminary disruptions. substantial The Increase other2 rate Ore Metals cash outages impact will Coal raw of ac
Slide 13: Major projects in execution
resourcing bhpbilliton Major (capital Iron Metallurgical Energy Petroleum D&SP Base £SSM Aluminium Manganese Worsley FY12 Antamina MAC Kipper2 Macedon Broad- Daunia Turrum Cerrejon NTP Caval Oxide HPX3 Samarco WAIO Escondida Appin EKATI NWS 1. 2. (timing Preliminary US$500m Only Facilities Ore Exp M
Slide 14: Disciplined capital management
Disciplined resourcing bhpbilliton –first: opportunities –economic Our shareholders Progressive of Strong (net 20 30 40 Substantial (US$ Share Dividends 15 50F 10 Preliminary FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05 FY04 Y03 second: third: fourth: 26% gearing, priorities strong billion) buy-backs inv
Slide 15: Royalties, taxes and community contributions
Royalties, resourcing bhpbilliton US$11.9 –Attributable Approximately BHP 1. 2. Preliminary non-cash insurance As Exceptional Billiton partbillion of taxes the tax impairments proceeds results, profit our supported future items credit US$1 and was community of22 exceptional distributed after of US$1
Slide 16: Marius Kloppers, Chief Executive Officer
Mt Arthur Preliminary Marius resourcing bhpbilliton Kloppers Coal the results future Chief YearExecutive ended 30 Officer June 2012
Slide 17: Our long term view remains unchanged
Our resourcing bhpbilliton Concerns –Measured In Chinese Source: China 30 5R Japan 10 India 15 Union USA European 20 25 South 02Brazil Australia GDP 60 40 (2005 Preliminary US$’000s) Slide 0ussia growth encouraging thepositive change CAGR: per 16 longer real Korea Global GDP capita in surrounding im
Slide 18: Commodity demand and pricing
resourcing –bhpbilliton Cumulative (% (US$ Copper 880 15.4% Demand 7,500 60 Aluminium 10,000 Price 4.5% 0C 2,500 20 5,000 40 4.0% CY04 Source: CY11 CY10 CY09 CY08 Preliminary 0Y00 inducement marginal scarcity growth CAGR: per CY01 CY05 BHP ismetric growth CAGR: pricing: the relative cost only demand
Slide 19: Supply response and pricing
Pricing resourcing bhpbilliton Robust In The Forecast Supply 80 100 (%) to 60 growth response 40 between Low 20 CY15 delivered 0A CY11 Iron Source: Potash Copper Note: 1. Preliminary luminium1 Indicates meet copper, low requirement ore cost Supply required aluminium will demand BHP cost CY11 supply
Slide 20: Prioritising investment returns
Prioritising resourcing bhpbilliton Our Current No As BHP 40 50 60 70 turnover1 Asset represents 1. (%) margin1 Profit 25 20 15 10 30 by Preliminary Financial total we major diversified 20 Billiton complete major assets investment projects return the low results, metrics bubble projects (Asset futur
Slide 21: Maximising WAIO major projects
WAIOmajor Maximising resourcing bhpbilliton •Our –completion –first –capital •WAIO production system production investment the projects our ofcapacity future the inner from in Port associated are FY13 harbour the on Hedland Jimblebar schedule is forecast capacity with Inner these and Mine to Harbour
Slide 22: Delivering copper growth: Antamina and Escondida
AntaminaSeca Delivering resourcing bhpbilliton •Antamina –generates •Escondida –Escondida –Laguna –forecast –Organic copper Growth throughput the alow expansion major Ore high debottlenecking future risk Access production rate Project projects growth capacity project ofachieved return 1are (OGP1) in
Slide 23: Significant Queensland Coal growth
Significant resourcing bhpbilliton •Industrial •Strong •In •The •By Queensland 10 44 Hay (mtpa, 0F 32 40 12 55 11 80 1. 2. 3. Preliminary Y12 The 100% Includes 66 response, end Point 5.5mtpa1 production throughput Daunia 100% Australian CY142 basis. throughput action the major latent Coal results, b
Slide 24: Accelerating Onshore US development
Onshore US Accelerating resourcing bhpbilliton •Prioritise •Investment •Onshore •Development US development the in capital development capital production future plans the Eagle expenditure will expenditure ofFord to remain the ofincrease our offers oilflexible to liquids and rise to particularly liq
Slide 25: Strong production growth
Strong resourcing bhpbilliton •Growth •Escondida •Completion •The •Production Forecast 150 (index=100) 50 WAIO 200 0100 FY12 Queensland 1. 2. Preliminary 0Includes 100% 50250 150 100 500 high FY15e Escondida near basis. production2 inmargin the volumes WAIO copper term Coal results, inof FY12 future
Slide 26: Longer term growth: Jansen potash and Olympic Dam
Longer resourcing bhpbilliton Olympic •Following •This •As •BHP •Two •Completed Preliminary Jansen a underground design result, Billiton potash term Dam the aresults, more the development has major has future Project Group the than established shafts capital 22 potential 25 August is that not kilome
Slide 27: Longer term growth options
Longer resourcing bhpbilliton Permian •440,000 •Encouraging •More •WAIO •Opportunities •Increasing 1. 2. Preliminary WAIO Includes 100%than growth term has Basin basis. acres the major 60 the invested results, development results future beyond wells have with productivity projects 22 abeen are US$19
Slide 28: Committed to simplifying the portfolio
Committed resourcing bhpbilliton •Our •The •Assets •Other Cash (US$ 2,000 2,500 3,000 013,500 1,500 (Net Simplicity1 600 450 300 Source: 1.Financial operating Preliminary 50 operating sale review business margin1 per BHP targeted must Datastream; copper of cash the Billiton metrics to results, our o
Slide 29: Superior total shareholder returns
Totalhave Superior resourcing bhpbilliton •Our •We •The unique proven shareholder returns returned the diversification strategy future throughout returns2 US$53.8 has delivered of the billion1 our cycle high sector to shareholders quality leading asset returns portfolio over the last means 10 years
Slide 30: Key messages
Keycommitment resourcing bhpbilliton •Strong •Targeting •Disciplined •Our •A •Sector Preliminary themes projects leading operating athe results, significant investment infuture shareholder to execution performance further 22 August reduction has simplify are returns established expected 2012 andinth
Slide 31: Resourcing the future
resourcing the future bhpbilliton
Slide 32: Appendix
resourcing the future bhpbilliton Appendix
Slide 33: Impact of price movements on Underlying EBIT
Impact resourcing bhpbilliton Total (FY12 339 1,000 1,504 0(2,000 95 Petroleum (2,000) (1,578) (1,337) (1,000) (584) (400) 1. Coal Preliminary 245) Includes 246 price versus of major Metallurgical the variance1 net results, FY11, future impact commodity 22 US$ of August D&SP price-linked million) pr
Slide 34: Summary of tax expense components
Summary resourcing bhpbilliton Restatement Current Deferred Other Total Preliminary 250 items tax tax (1,473) of the payable 48 results, of key balances future 82 FY12 exchange 22 (91) expense/(income) on August 695 fixed US$ timing ratedebt 2012 assets components differences 205 Slide 59234 US$ (2,
Slide 35: Capital and exploration expenditure
Capital resourcing bhpbilliton Minerals Sustaining Onshore US$ Growth Exploration Total Note: Preliminary billion 3.0 0.2 Capital and 2.0 0.2 US 3.1 3.7 and the and 1.7 3.3 exploration FY03 0.3 0.4 results, capital 4.4 4.0 conventional and future other 2.6 0.5 6.9 exploration FY04 4.0 0.5 and 22 7.9
Slide 36: Debt maturity profile
Maturity resourcing bhpbilliton Debt (US$ 0F 2,000 4,000 6,000 US$ % Capital 1. 2. 3. 4. Preliminary Y13 The Based Jointly Subsidiary of Bonds portfolio repayments1 million) FY14 US$4.0 Markets on profile Controlled the Euro debt results, FY15 debt 71% future billion analysis 88% balances Bonds repr
Slide 37: Key sensitivities
Key resourcing bhpbilliton Approximate US$1/bbl US¢10/MMbtu US$1/t US¢1/lb AUD RAND 1. 2. Preliminary Assumes Impact net (US¢1/A$) (0.2 on profit on based on iron metallurgical energy the total aluminium copper nickel Rand/US$) results, oil impact1 sensitivities future ore on on price volume operati
Slide 38: Resourcing the future
resourcing the future bhpbilliton
Slide 39: Signatures
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BHP Billiton Limited and BHP Billiton Plc Date: August 22, 2012 By: /s/ Jane McAloon Name: Jane McAloon