Slide 1: pula /
: ee pula / i eye Co Lie Lo ey Ly pe I : : ye . : A yy _ Ly oe, Lo iy Me yy Ye, Wy ” ey _ . .. oy . a Ls eo ay, a yy iy oF ) a iy, ve Lo / ee We Lo oy, i Lae i . ee ae, ae Cae Le Le : can ae ay . | 7 . oo i yy a iy j _ i . L Le _ Ley i . Ly i Ly Lp Oe il yy a Y Le Ly 7 Lo Ly Ly Le a oo ( Lo i Loe Ca
Slide 2: Presentation agenda
ie cia ff a YY, Presentation | Yi, Vong a Hg le Yip i 7 : 5 ys y j LLY CON nay Ye y i rill al He Qe on 4 aan EEE Ea ET iy ATL ddd Group Financial Performance Outlook General Comments Questions MAG
Slide 3: Performance, 6 months to 31 December
Performance ur 6 months to 31 December ($m) _ Operating revenue 3,728 3,613 Goodwill amortisation 42.7 37.2
Slide 4: Divisional EBITA
Divisional EBITA 6 months to 31 December ($m) _ Hardware Rural Operations & Insurance
Slide 5: Divisional ROC & C
Divisional ROC & C rolling 12 months _ coe c 4 December 2002 _ EBE | (rolling 12 months) © Hardware 347.4 1,947.6 17.8 17.5 ee EE Rural Operations & Insurance Industrial & Safety 101.1 785.6 «12912. Chemicals & Fertilisers 79.3 501.7 15.8 10.7
Slide 6: Presentation agenda
Mee Yj e | ~ Out Presentation | eg Be Fol INN Na _ Group Financial Performa! i, ; Dt ey yyy, LY, LE Outlook General Comments Questions Uae
Slide 7: Cashflow & Dividend (Half Year)
Cashflow & Dividend (Half Year) earnings, cashflow and dividend pershare = Wii Uy LUE Cents 120 | 60 4 eeeeens ; 1998 1999 2000 2001 2002 m EPS (before Goodwill Amortisation) Cashflow & Dividend
Slide 8: Return on Shareholders' Funds
Return on Sharehol: (Pre Goodwill) rolling 12 months to De iii % POOR ROR O ROR HOH PORE E EEO EEEEEEEEEE FEET EE EE EEE EEEEEE EEE DEEP ELEEUEEEE EEE E EOE EOLEEEEEE TOOT EEE EORE Lenn ORO RARER aR eae e 20 15 pees 1998 1999 2000 2001 2002 — Target * Calculated on average monthly shareholders’ fund
Slide 9: Wii
% 100 - Wii PPO RRO HO aH ERO TEER E ETE AHE REPO TEE EE EEE EAHEEEEEEEE TEESE DEE EEESETEE EEE EEE EOEEEDHEEE EEE EEE EOE EDEHEEESOR OEE EOSOEEEE REM CHEERED De ned na 1998 1999 2000 2001 2002
Slide 10: Suspension of DRP; 5% on market buy-back
yy ye @ i, a yy We Wy » Suspension of DRP 5% on market buy-back
Slide 11: Presentation agenda
ee LEG, NS IS \ \ "~ = 1) i" © =| er Q) fa ) =| °o fe ES Overview & Divisional Performance Group Financial Performance De 0 Te y i AE Ia V7 ie We as Gs _ LE Gey yy yy WN Ga Ly cS ELA OD Wes Le He a a ey EE) Le LE L SSS < lobe a Md General Comments Questions TT cy La i L E
Slide 12: Outlook
Outlook » Hardware - continued growth in retai sectors » Expected slow down in construction market » Strong coking coal sales volumes » 4) quarter coking coal earnings impacted by annual price negotiations » Gas - full year result dependent on price trends
Slide 13: Outlook (cont...)
Outlook (cont...) » Rural business subject to autumn rains » Industrial & Safety - improved revenue and earnings with commencement of infrastructure projects » Improved profit for chemicals and fertilisers
Slide 14: Presentation agenda
SSS Overview & Divisional Performance Group Financial Performance Outlook vepemaeas yy WY LC MD ey | He Mg nN LOE
Slide 15: Objective and Strategies
Objective — Philosop Strategies To provide a satisfactory return to shareholders Logical Incrementalism Improve performance of existing businesses Expand existing businesses Portfolio Management
Slide 16: Ses
Ses = = x 2 : = = 2 = . = 2 = 2== 2 2 === = : : ==