Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Investor Presentation (May 2015)
12 slides from Bhp's investor presentation, May 12, 2015
Slide 1: Mt Whaleback: Creating value through the cycle
Mt Whaleback Creating value through the cycle bhpbilliton resourcing the future Andrew Mackenzie Chief Executive Officer 12 May 2015
Slide 2: Disclaimer: Forward-looking statements
Disclaimer bhpbilliton resourcing the future Forward-looking statements This presentation contains forward-looking statements, which may include statements regarding, among other things: trends in commodity prices and currency exchange rates; demand for commodities; plans, strategies and objectives
Slide 3: Creating value through the cycle
Creating value through the cycle bhpbilliton resourcing the future Our diversified portfolio of low-cost assets is unrivalled in scale and quality – provides flexibility and resilience through volatile market conditions Superior operating performance supports margins and cash flow – simplification w
Slide 4: Price cycles will remain an enduring feature of commodity markets
Price cycles will remain an enduring feature of commodity markets bhpbilliton resourcing the future Unprecedented demand growth supported high prices and high levels of capital investment Recent capacity additions are now weighing on margins – prepared for the possibility of an extended period of lo
Slide 5: Lower prices place a premium on the right commodities and the best assets
Lower prices place a premium on the right commodities and the best assets bhpbilliton resourcing the future We have an unrivalled portfolio of upstream Tier 1 assets in our chosen commodity pillars Post-demerger we will focus on 12 operated assets offering scale, simplicity and diversification each
Slide 6: Operational excellence maximises margins and returns
Operational excellence maximises margins and returns bhpbilliton resourcing the future In conventional petroleum we are setting industry benchmarks - outstanding operational uptime performance - lowest cost driller in the Gulf of Mexico1 Across our minerals assets, our productivity has improved subs
Slide 7: Simplification will further enhance productivity
Simplification will further enhance productivity bhpbilliton resourcing the future Our focus on operational excellence has delivered nearly US$10 billion of annualised productivity-led gains1 A simpler, more operationally-consistent portfolio will better leverage our systems and processes to deliver
Slide 8: Disciplined capital management
Disciplined capital management bhpbilliton resourcing the future Capital allocation is a significant driver of long-term value creation - we have led our peers on a ratio of cash returns to capital expenditure - on track to deliver 16% volume growth for the two years to the end of FY151 Our approach
Slide 9: Commitment to our progressive dividend reflects our underlying strengths
Commitment to our progressive dividend reflects our underlying strengths bhpbilliton resourcing the future Our progressive dividend has withstood previous cycles and remains a commitment to shareholders We have numerous levers available to safeguard the dividend - simplification is expected to relea
Slide 10: The quality, depth and flexibility of our growth portfolio is a key differentiator
The quality, depth and flexibility of our growth portfolio is a key differentiator bhpbilliton resourcing the future High-quality pipeline of growth projects and the financial strength to progress them at all points of the cycle - average rate of return in excess of 20%1 With quality growth options
Slide 11: Creating value through the cycle
Creating value through the cycle bhpbilliton resourcing the future Our diversified portfolio of low-cost assets is unrivalled in scale and quality - provides flexibility and resilience through volatile market conditions Superior operating performance supports margins and cash flow - simplification w
Slide 12: Signatures
bhpbilliton resourcing the future 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: May 12, 2015 By: /s/