Nrw Holdings Limited · ASX:NWH
Nrw — Shareholder Meeting (November 2009)
14 slides from Nrw's shareholder meeting presentation, Nov 23, 2009
Slide 1: NRW Holdings Annual General Meeting
For personal use only NRW Holdings Annual General Meeting 23rd November 2009
Slide 2: Highlights 2009
Highlights 2009 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 FY2008 Total dividends for the year of 2.0 cents per share.
Slide 3: People and Safety
People and Safety At 30 June 2009 NRW employed 852 3000000 10 For personal use only staff together with a significant 9 number of contractors, total current workforce approximately 1400 2500000 8 personnel Continue to have very high employee 7 2000000 retention rates 6 Man Hours Approximately
Slide 4: Civil Projects: Current Contracts
Civil Projects Current 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 &
Slide 5: Civil Projects
Civil Projects Project name Description For personal use only Pannawonica Rail Construction of two 24 metre diametre Bridge Replacement tunnels to replace flood damaged bridge. Rio Tinto Project value: $15 million JV with NYFL – local Indigenous landowners Indigenous workforce = 25% of total
Slide 6: Civil Projects: Recently Completed Contracts
Civil Projects Recently Completed Contracts For personal use only Project name Description Brockman 4 Successful completion of Brockman 4: the Rio Tinto largest resource earthworks project undertaken in WA. Project staffing reached a peak in excess of 550 personnel on site 6
Slide 7: Mining Services
For personal use only Mining Services Project name Description Hope Downs Mining Drill and blast, excavation, haulage and waste dump management services Rio Tinto In-pit works including pre-development pit establishment, waste pre-stripping, waste cutback and remnant ore mining Christmas Creek
Slide 8: Mining Services
For personal use only Mining Services Project name Description Bootu Creek Drill and blast, excavation, haulage waste OM Holdings dump management services and crusher feed 3 + 2 year contract term Consistently meeting our clients production expectations, over 1 million BCM per month Simandou P
Slide 9: Promac / Action Mining
For personal use only Promac / Action Mining Promac Water/Service truck sales successfully met budget. FY2010 expected to experience more challenging conditions Lighting towers and generator sets released on market with positive feedback, sales made to some of Australia’s largest hire companies
Slide 10: Profit and Loss
Profit and Loss A$ millions FY09 FY08 For personal use only Revenue NRW Civil 295.0 336.8 NRW Mining 188.6 107.2 Promac 31.8 21.2 Action Mining 25.6 26.2 Other/Eliminations* (31.4) (20.2) Total Revenue 509.6 471.2 EBITDA 81.2 71.9 margin 16% 15% EBIT 60.1 53.8 margin 12% 11% NPAT 37.1 32.8 EPS (basi
Slide 11: Balance Sheet & Operating Cash Flow
Balance Sheet & Operating Cash Flow BALANCE SHEET For personal use only A$ millions FY09 FY08 Cash 20.6 3.3 PPE 125.9 123.4 Other assets 165.3 185.0 Total Assets 311.8 311.7 Current Liabilities 108.1 87.5 Non Current Liabilities 0.6 8.9 Total Interest Bearing Liabilities 60.8 98.1 Total Liabilities
Slide 12: 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) 36.4 Action Mining ($0.2m) 20 19.7 Capital
Slide 13: Revenue Outlook
For personal use only Revenue Outlook 13
Slide 14: Outlook
Outlook Strong FY2010 order book, tracking for revenue growth of 20% For personal use only Earnings weighted to second half due to timing of projects Tender activity high but remains competitive. Current pipeline in excess of $2 billion Civil & Mining Division ~ $460 million secured revenue