White Energy Company Limited · ASX:WEC
White Energy — H1 FY2012 Earnings Presentation
10 slides from White Energy's earnings presentation, Mar 9, 2012
Slide 1: Results Presentation Half Year Ended 31 December 2011
For personal use only Results Presentation Half Year Ended 31 December 2011 9 March 2012
Slide 2: Highlights; Financial Summary
For personal use only Highlights Financial Summary Page 22
Slide 3: Highlights for HY Ended 31 December 2011
Highlights for HY Ended 31 December 2011 For personal use only Despite the set-back at Tabang, during the half year the Company continued to progress the various business development initiatives currently underway in each of its key markets Completed the 2011 drilling program at EL4534, aimed at i
Slide 4: Target Milestones for the Year Ahead
Target Milestones for the Year Ahead For personal use only The Company has identified a number of key areas of focus for Calendar Year 2012 A t li Australia I d Indonesia i U it d States United St t Af i Africa Chi China Key • Lake Phillipson • Tri Mitra Bayany • Buckskin • Black River • In commerci
Slide 5: Financial Summary
For personal use only Highlights Financial Summary Page 55
Slide 6: Results Overview
Results Overview - HY Ended 31 December 2011 For personal use only Operating results for the 6 months ended 31 December 2011 include a provision for impairment of KSC assets in Indonesia, following the legal dispute between KSC shareholders Consolidated entity’s net loss for the half year ended 31
Slide 7: Results Overview - EBITDA reconciliation
Results Overview - HY Ended 31 December 2011 For personal use only Half Year Half Year 31 Dec 2011 31 Dec 2010 A$M A$M Consolidated entity net loss for the year (134.0) (18.9) Add-back / (subtraction) items: • Net interest revenue (2.1) (0.1) • Income tax credit (0.7) (14.5) • Fair value gain on fin
Slide 8: Results Overview - Consolidated balance sheet and cash flows
Results Overview - HY Ended 31 December 2011 For personal use only Consolidated balance sheet A$M 31/12/2011 30/6/2011 Cash on hand as at 31 December 2011 A$152.1M. Current Assets 156.1 197.8 Decline in assets from A$534.4M to A$391.3M, Non-Current Assets 235.2 336.6 mainly i l reflects fl t iim
Slide 9: Forward Looking Statements
Forward Looking Statements For personal use only Except for the historical information contained herein, the matters discussed in this presentation contain forward- looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipate
Slide 10: Contact details
For personal use only Maritime Trade Towers Level 20 20, 201 Kent Street Sydney, NSW 2000 Telephone: +61 2 9959 0000 Facsimile: + 61 2 9959 0099 Email: info@whiteenergyco.com info@whiteenergyco com ABN 62 071 527 083 Page10 10
White Energy Company — H1 FY2012 Earnings Presentation on 6ix