Infratil Limited · NZX:IFT
Infratil — Trustpower — Shareholder Meeting (July 2020)
20 slides from Infratil's shareholder meeting presentation, Jul 24, 2020
Slide 1: Annual General Meeting 24 July 2020
ANNUAL GENERAL MEETING 24 JULY 2020
Slide 2: Welcome and Agenda for the Meeting
WELCOME AND AGENDA FOR THE MEETING Upda t e from Ch ie f Re s olut ions Wra p up a nd We lc ome t h e Ch a ir Exe c u t ive inc luding que s t ions Ove rvie w dire c t or a ppoint me nt s 4 Annual General Meeting | 24 July 2020
Slide 3: Update from the Chair
UPDATE FROM THE CHAIR PAUL RIDLEY-SMITH 5 Annual General Meeting | 24 July 2020
Slide 4: External influences and corporate governance
External influences and corporate governance 1. COVID-19 2. NZAS d e c is ion t o c los e Tiwa i Poin t 3 . Fre s h wa t e r re forms 4 . Ele c t ric it y a n d broa dba n d ma rke t s 5 . Corre c t ion s t o ou r c orpora t e g ove rn a n c e d is c los u re s 6 Annual General Meeting | 24 July 202
Slide 5: Chief Executive Overview
CHIEF EXECUTIVE OVERVIEW DAVID PRENTICE 7 Annual General Meeting | 24 July 2020
Slide 6: Board and Leadership Team
BOARD AND LEADERSHIP TEAM 8 Annual General Meeting | 24 July 2020
Slide 7: COVID-19: Business Continuity
COVID-19: Business Continuity Su c c e s s fu lly t ra n s it ion e d 770 s t a ff t o work from h ome wit h in d a ys . Pre vious in ve s t me n t in t e c h n ology a llowe d s e a mle s s t ra n s it ion t o on lin e me e t in gs . He ld ove r 9 ,4 0 0 me e t in gs in Ma y a lon e wit h ove r 5 5
Slide 8: COVID-19: Uninterrupted Customer Services
COVID-19: Uninterrupted Customer Services Es t a blis h e d s ys t e ms a n d p roc e s s e s t o p rovid e a d d it ion a l s u pport t o c u s t ome rs in h a rd s h ip . Su s pe nde d n orma l d e b t c olle c t ion a c t ivit y. Ma de ove r 10 ,0 0 0 proa c t ive c a lls t o e ld e rly a n d vul
Slide 9: FY-20 Challenging, but solid progress
FY-20 CHALLENGING, BUT SOLID PROGRESS… 1,75 9 GWh ge ne ra t ion volume s 12% Ove r $ 18 6 .4 m 10 4 ,0 0 0 $ 9 7.6 m Grou p Te lc o Grou p EBITDAF Cus t ome rs NPAT 16 % 8% 3% 73% of t e lc o $ 15 4 .2 m $ 35 .3m c onne c t ions Ge n e ra t ion Re t a il a re fibre EBITDAF EBITDAF 10 % 4 5% 11 Annu
Slide 10: Generation - Weather impacts
GENERATION - Weather impacts Tot a l e le c t ric it y ge n e ra t ion prod u c t ion wa s 11.8 % be low t h e pre viou s ye a r, a n d 8 .2% be low ou r lon g -ru n a ve ra ge ma in ly d u e t o mild a u t u mn/e a rly win t e r. Hyd ro in flows we re low in t h e la t t e r h a lf of t h e ye a r
Slide 11: Unplanned Highbank Outage
UNPLANNED HIGHBANK OUTAGE Da ma g e t o t h e g u id e be a rin g of Tru s t powe r’s fourt h la rge s t ma c h in e , loc a t e d a t Hig h b a n k Powe r St a t ion , re s u lt e d in a t h re e -mon t h forc e d ou t a g e . Our dive rs e g e n e ra t ion port folio h ig h lig h t s ou r re s ili
Slide 12: Waipori Scheme Outage
WAIPORI SCHEME OUTAGE Our e igh t -we e k p la n n e d fu ll s c h e me ou t a g e a t Wa ipori Th is inc lude d pre pa ra t ory e na ble d u s t o t a c kle more t h a n 6 0 job s on t h e s it e , ins pe c t ion work for s ome upc oming inc luding u n d e rt a kin g c rit ic a l t u n n e l re p a
Slide 13: Meeting increasing customer demand for digital interaction
Meeting our customer’s During loc kdown our digit a l c h a nne ls a s s is t e d in increasing demand for me e t ing inc re a s e d c us t ome r de ma nd by s e rvic ing 9 1% of 8 34 ,0 0 0 c us t ome r c ont a c t s . digital interaction with market leading innovation Toni , our c h a t bot , is o
Slide 14: Growing capability and customers
GROWING CAPABILITY AND CUSTOMERS Te lc o c on t in u e s t o be a s ourc e of growt h wit h da t a d e ma n d d ou b lin g s in c e J a n u a ry 2 0 19 . Int roduc e d Mob ile a n d Wire le s s Broa d b a n d . Inve s t e d in g re a t e r ISP n e t work c on t rol a n d Fre e public WiFi a t Aims G
Slide 15: Our commitment to people and planet
OUR COMMITMENT TO PEOPLE AND PLANET Adopt e d t h e in t e rn a t ion a lly re c ognis e d in t e g ra t e d re port in g fra me work, d e s c rib in g t h e re s ou rc e s we us e , a n d h ow we u s e t h e m. Cre a t ing s h a re d va lu e for a be t t e r fu t ure . Looking a t our t ot a l s oc
Slide 16: Looking ahead
LOOKING AHEAD Th e COVID-19 c ris is h a s me a n t a re t h in k of wh a t h a s c h a nge d a n d h ow it imp a c t s our s t ra t e g y a n d d e live ry. Re vie win g a n d u pd a t in g ou r pe rforma n c e fra me work t o e n s u re t h a t t a rg e t s a n d pe rforma n c e a re a lig n e d ,
Slide 17: Trustpower has the capability to prosper in uncertain times
Trustpower Th e FY20 ope ra t ing re s ult wa s ove ra ll d is a p point ing but we e xpe c t a n improve d FY21. has the Con t in ue t o na viga t e t h e c h a lle nge s of t h e COVID- 19 p a nde mic . capability to Con t in ue t o build c a pa bilit y t o c ompe t e in t h e d ig it a l world. p
Slide 18: Questions
QUESTIONS
Slide 19: Thank you
THANK YOU
Slide 20: Disclaimer
Disclaimer Wh ile a ll re a s ona ble c a re h a s be e n t a ke n in t h e pre pa ra t ion of t h is pre s e nt a t ion, Trus t powe r Limit e d a nd it s re la t e d e nt it ie s, dire c t ors , offic e rs a nd e mploye e s (c olle c t ive ly "Trus t powe r") do not a c c e pt , a nd e xpre s s ly