Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Shareholder Meeting (November 2017)
47 slides from Bhp's shareholder meeting presentation, Nov 16, 2017
Slide 1: BHP Billiton Limited Annual General Meeting 2017
For personal use only BHP Billiton Limited Annual General Meeting 2017
Slide 2: Disclaimer: Forward-looking statements
Disclaimer Forward-looking statements This presentation contains forward-looking statements, including statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; plans, strategies and objectives of management; closure or divestment of For personal use only
Slide 3: Ken MacKenzie, Chairman
For personal use only Ken MacKenzie Chairman
Slide 4: Your Board
Your Board Ken MacKenzie Andrew Mackenzie Carolyn Hewson For personal use only Malcolm Anita Shriti Lindsay Broomhead Frew Vadera Maxsted Wayne Terry John Murdy Bowen Mogford
Slide 5: Welcome to Country
For personal use only Welcome to Country
Slide 6: Ken MacKenzie, Chairman
For personal use only Ken MacKenzie Chairman
Slide 7: A long and proud history in Melbourne
A long and proud history in Melbourne For personal use only _____ BHP was listed as a public company on the Melbourne Stock Exchange in 1885.
Slide 8: Broader contribution
Broader contribution For personal use only _____ A company that makes a contribution to so many people, communities and nations around the world.
Slide 9: For personal use only
‘For pers@iieltise only
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Slide 11: Engaged with shareholders in countries
Engaged with over 100 shareholders in 8 countries For personal use only
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Slide 13: Strong foundations
Strong foundations For personal use only _____ BHP is steeped in over 130 years of history.
Slide 14: Jac Nasser, Former Chairman
For personal use only Jac Nasser Former Chairman
Slide 15: Strong foundations: over the past five years
Strong foundations For personal use only _____ Over the past five years… Simpler portfolio in the right commodities. Over US$12 billion of annualised productivity gains. 70 per cent reduction in annual capital expenditure. Less debt, more flexibility.
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Slide 18: Safety, Portfolio, Capital discipline, Capability and culture, Social licence
Safety Portfolio Capital Capability Social discipline and culture licence For personal use only ___ ___ ___ ___ ___
Slide 19: Safety
Safety For personal use only _____ Nothing is achieved if it’s not done safely.
Slide 20: Assessing the portfolio
Assessing the portfolio For personal use only _____ Every asset earns its way in the portfolio against strict metrics focused on value and returns.
Slide 21: Capital discipline
Capital discipline For personal use only _____
Slide 22: Our Capital Allocation Framework
Our Capital Allocation Framework For personal use only Operating productivity Capital productivity Net operating cash flow Maintenance capital Strong balance sheet Minimum 50% payout ratio dividend Excess cash Additional Organic Acquisitions / Balance sheet Share buy-backs dividend amounts developme
Slide 23: Capital discipline
Capital discipline For personal use only _____ Capital Allocation Framework. Net debt range of US$10-15 billion in the medium term. Capex below US$8 billion for FY2019 and FY2020.
Slide 24: Capital discipline
Capital discipline For personal use only _____ Disciplined decisions that make the most of the hard- won cash flow our assets generate.
Slide 25: Capability and culture
Capability and culture For personal use only _____ Better never stops.
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Slide 27: Your Board
Your Board Ken MacKenzie Andrew Mackenzie Carolyn Hewson For personal use only Malcolm Anita Shriti Lindsay Broomhead Frew Vadera Maxsted Wayne Terry John Murdy Bowen Mogford
Slide 28: Welcome to our new Directors
Welcome to our new Directors For personal use only Terry John Bowen Mogford
Slide 29: Social licence to operate
Social licence to operate For personal use only _____ Public acceptance and trust are an imperative for BHP.
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Slide 32: Safety, Portfolio, Capital discipline, Capability and culture, Social licence
Safety Portfolio Capital Capability Social discipline and culture licence For personal use only ___ ___ ___ ___ ___
Slide 33: Andrew Mackenzie, Chief Executive Officer
For personal use only Andrew Mackenzie Chief Executive Officer
Slide 34: Safety
Safety For personal use only _____ Safety is our top priority.
Slide 35: Safety: TRIF is down
Safety For personal use only _____ Our total recordable injury frequency (TRIF) is down. TRIF(1) FY2016 FY2017 4.3 4.2 (1) Total recordable injury frequency is calculated based on the number of recordable injuries per million hours worked.
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Slide 39: Market outlook
Market outlook For personal use only _____ Our long-term view for markets remains positive.
Slide 40: Transforming the company
Transforming the company For personal use only _____ Over the past five years… Focused portfolio. US$12 billion in productivity gains. Reduced unit costs by 40 per cent.
Slide 41: Strong FY2017 results
Strong FY2017 results For personal use only _____ Free cash flow of US$12.6 billion. Reduced net debt by US$10 billion. Returned US$4.4 billion to shareholders.
Slide 42: Our plan to create value
Our plan to create value For personal use only
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Slide 44: Culture, inclusion and diversity
Culture, inclusion and diversity For personal use only _____ Flexible work will increase safety and productivity and make us more attractive to a larger, more diverse group of people.
Slide 45: Our FY2017 broader contribution
Our FY2017 broader contribution For personal use only _____ US$72.9 million voluntarily invested in social projects. US$26.1 billion total economic contribution.
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Ajuo asn feuosied 10-)