Slide 1: Austin Engineering Ltd
Slide 2: Directors
DIRECTORS Peter Fitch-Chairman Michael Buckland- Managing Director Peter Pursey-Non Executive Director Eugene Fung-Non Executive Director
Slide 3: Issued Capital
Issued Capital . Shares on issue 33.9 million . Escrow shares 1.8 million = Options 1.7 million 7 Fully diluted 37.4 million Substantial shareholders = Kaplan Funds Management 5.54% = Michael Buckland 5.04%
Slide 4: History
History = 1982 » 1991 = 1997 » 2003 » 2004 » 2004 Ron and Gloria Austin open Austin Engineering. Due to growth, Austin Engineering relocate to current premises. Opened new profit centre paint and blast facility. Austin Engineering purchased by WA Metals. Austin Engineering floated on ASX. Acquires J
Slide 5: Philosophy
Philosophy «Develop an Internationally competitive engineering and construction business. «Income producing asset with growth potential Mechanism " Capitalise on existing good reputation and client base. " New management team brings new clients and technology. «Introduction of automation and advance
Slide 6: Why Engineering?
Vhy Engineering? Significant number of large engineering projects scheduled in Qid, WA and NT over the next 10 years. New technology / automation will: > Improve business cost competitiveness > Increase manufacturing capacity > Enhance operational mobility > Reduce reliance on skilled labor New mana
Slide 7: Competition
Competition Closure of major workshops eg. United Construction, Transfield, ABB, Evans Deakin and ANI has resulted in a significant reduction of manufacturing resources. Traditional competition is based on semi-automatic\ manual welding processes.
Slide 8: Austin Engineering Ltd.
Austin Engineering Ltd. Queensland based engineering business established in 1982. Good client base and excellent industry reputation. Grown to become one of the Queensland’s largest fabrication workshops Services mining, oil/gas and industrial sectors. Large modern premises with room for expansion.
Slide 9: Engineering Facilities
VV WV Engineering Facilities Situated in Wacol Industrial Estate, 20 km South West of Brisbane GPO. Site covers 26000 sq.m of land and incorporates the following:- Modern high bay heavy industrial main workshop covering 2,558m squared serviced by 3x10 tonne travelling gantry cranes (designed for 2 x
Slide 10: Austin Engineering
Austin Engineering
Slide 11: Johns Engineering W.A
Johns Engineering W.A Total cost of acquisition-inc-land, buildings, plant and equipment $6.9 Mil. Valuation of property of vacant possession- $5.60 Mil. Valuation of property on 5 x 5 year lease $6.60 Mil. Revenue 2003-04 $17.12 Mil. N.P.B.T. 2003-04 $1.13 Mil
Slide 12: New Products
Slide 13: W.A Facility
W.A Facility Situated in Kewdale Perth. Site covers 33000 sq.m - Consisting of- Workshop- 8000sq.m. Serviced by 3x 25, 3x 16 and 2x 10 tonne overhead cranes. Industrial blasting and coating facility. Employs 106 personnel.
Slide 14: ooo
ooo ieee ee eee oe es ee oe 7
Slide 15: Technology
Technolo Austin Engineering will progressively introduce new welding technology into the existing workshop facilities over the next 6 months. The innovative welding process, based on improved welding parameters, coupled with robotic application is well suited to product lines, general fabrications a
Slide 16: Welding Anode Rod Assemblies, Pipe Spools, Potshell End Wall
ra Welding Anode Rod Assemblies Welding Pipe Spools HN Austin Engineering Research Welding Potshell End Wall Centre
Slide 17: Key Engineering Personnel
Key Engineering Personnel Strategic personnel with extensive experience in management, technology and large scale project supervision will be introduced. Personnel will be employed on a project basis to maintain the company’s low > overhead structure. Key Personnel are:- Michael Buckland - Managing
Slide 18: Growth
Growth Aggressive approach to increase revenue and profit "Targeting key projects and products suited to core skills and technology. "Increasing size of tendered projects up to $200 million. " Maintain and expand Austin Engineering’s traditional client base. «Lease additional workshop facilities to