Duke Energy Corporation (Holding Company) · NYSE:DUK
Duke Energy Corporation (Holding Company) — Duke Energy Analyst Conference 2003
8 slides from Duke Energy Corporation (Holding Company)'s conference presentation, May 30, 2003
Slide 1: International Energy
International Energy Richard K. McGee President & CEO
Slide 2: Disclosures
Disclosures Safe Harbor Statement Under the Private Securities Litigation Act of 1995 This document contains forward looking information which is subject to risks and uncertainties, including, but not limited to, changes in the utility regulatory environment, the impact of competition from other ene
Slide 3: DEI – Portfolio Overview
DEI – Portfolio Overview London The Hague CTR, Mexico France Houston CNC / CSCC 103 MW Mexico City (1.2 Bcf/d) Puncakjaya Power Indonesia Guatemala 168 MW 385 MW (165 MW under construction*) Guatemala Queensland Gas Acajutla City Corani National Methanol Pipeline El Salvador Bolivia Corp. Australia
Slide 4: DEI Key Commercial Activities
DEI Key Commercial Activities • Power Generation Energy & capacity sales Approximately 75% of ’03 EBIT 2003 Forecasted EBIT Regions: Asia Pacific, Northern Latin Power America, Southern Cone, Europe Generation ~75% • Gas Marketing and Transportation Gas marketing & pipeline capacity sales
Slide 5: DEI Portfolio Characteristics
DEI Portfolio Characteristics • Focused on wholesale energy business • High % of generating capacity contracted or receiving capacity payment • Predominantly hydro/baseload generation fleet • EBIT/Cash Flow contribution weighted toward Latin America – significant diversity within Latin America • No
Slide 6: DEI Financial Summary
DEI Financial Summary Actual Actual Actual Forecast ($ in millions) 2000 2001 2002 2003 Reported EBIT $ 341 $ 286 ($ 102) $ 250 Adjust for Sale of LNG Tanker (54) Impairment of Goodwill in Europe 194 Project Cancellations (Brazil, Asia Pacific) 109 LNG Reserve Adjustment 22 Miscellaneous 28 Adjusted
Slide 7: DEI – Specific Regional Focus
DEI – Specific Regional Focus • Southern Cone Brazil • Recontract roll-off capacity with industrials and distribution companies • Influence/shape debate regarding new regulatory structure Argentina/Bolivia/Brazil – Improve operational efficiency and reduce costs • Northern Latin America Centra
Slide 8: Summary
Summary DEI 2003 Highlights • On track to achieve projected 2003 EBIT of $250 million • Increasing overall returns through: Asset optimization and efficiency Cost reduction Organic growth Portfolio/balance sheet management • Lower risk profile 8