Rio Tinto Plc · LSE:RIO
Rio Tinto — Shareholder Meeting (April 2005)
48 slides from Rio Tinto's shareholder meeting presentation, Apr 14, 2005
Slide 1: Annual General Meeting
Annual General Meeting 14 April 2005
Slide 2: Paul Skinner, Chairman
Paul Skinner Chairman Annual General Meeting 14 April 2005
Slide 3: New directors
New directors Richard Goodmanson 1 December 2004 Ashton Calvert 1 February 2005 Vivienne Cox 1 February 2005 From September 2005 Rod Eddington
Slide 4: Annual General Meeting
Annual General Meeting 14 April 2005
Slide 5: 2004 results
2004 results US$bn Adjusted earnings 2.2 +60% Cash flow from operations 4.4 +28% Cash flow from disposals 1.5 Dividends 77 cents +20% per share
Slide 6: Commitment to progressive dividend policy
Commitment to progressive dividend policy USc/share 80 Dividends per share 70 60 50 40 1996 1997 1998 1999 2000 2001 2002 2003 2004
Slide 7: Sustainable development
Sustainable development
Slide 8: Year end publications
Year end publications RLO RIO PINTO Pinto Meeting Meeting global needs global needs nerals and metals for minerals and metals for minerals and mete
Slide 9: Outlook
Outlook Continuing demand growth in 2005 Prices above long term trend Continuing US dollar uncertainty High levels of investment in 2005 and 2006 Well positioned for the future
Slide 10: Rio Tinto people
Rio Tinto people
Slide 11: Leigh Clifford, Chief executive
Leigh Clifford Chief executive Annual General Meeting 14 April 2005
Slide 12: Record 2004 earnings
Record 2004 earnings US$m Iron Ore 569 +14% Energy 365 +132% Industrial Minerals 223 +45% Aluminium 334 +67% Copper 856 +95% Diamonds 169 +50%
Slide 13: Adjusted earnings since 1996
Adjusted earnings since 1996 US$m 2500 2000 1500 1000 500 0 1996 1997 1998 1999 2000 2001 2002 2003 2004
Slide 14: Continuing improvement in safety
Continuing improvement in safety 2 Injury 1.5 frequency rate per 1 200,000 hours worked 0.5 0 1999 2000 2001 2002 2003 2004
Slide 15: Slide 15
Slide 16: Slide 16
Slide 17: Focus is on large long life low cost ore bodies
Focus is on large long life low cost ore bodies
Slide 18: Product group heads
Product group heads Tom Albanese Copper and Exploration Sam Walsh Iron Ore Oscar Groeneveld Aluminium Andrew Mackenzie Industrial Minerals Preston Chiaro Energy Keith Johnson Diamonds Ian Smith Technology
Slide 19: Tom Price, Hamersley, Western Australia
Tom Price, Hamersley, Western Australia
Slide 20: Hail Creek, Queensland, Australia
Hail Creek, Queensland, Australia
Slide 21: Comalco Alumina Refinery, Queensland, Australia
Comalco Alumina Refinery, Queensland, Australia
Slide 22: Resolution, Arizona, US
Resolution, Arizona, US
Slide 23: Simandou, Guinea, West Africa
Simandou, Guinea, West Africa
Slide 24: Dampier port, Western Australia
Dampier port, Western Australia
Slide 25: HIsmelt, Western Australia
HIsmelt, Western Australia
Slide 26: Diavik, Canada
Diavik, Canada
Slide 27: Bingham Canyon, Utah, US
Bingham Canyon, Utah, US
Slide 28: Divestments
Divestments Fortaleza Neves Corvo Sepon Boke Proceeds $1.5 billion FCX shares Rio Tinto Zimbabwe Zinkgruvan Morro do Ouro
Slide 29: Ranger mine, Northern Territory, Australia
Ranger mine, Northern Territory, Australia
Slide 30: Community
Community
Slide 31: Summary
Summary Strong business environment Record financial performance in 2004 Balance of investment & returns to shareholders Options for future growth Well positioned for the future
Slide 32: Paul Skinner, Chairman
Paul Skinner Chairman Annual General Meeting 14 April 2005
Slide 33: Annual General Meeting
Annual General Meeting 14 April 2005
Slide 34: Resolution: authorise directors to allot shares
Resolution 1 to authorise directors to allot shares
Slide 35: Resolution: allot shares for cash, disapply pre-emption rights
Resolution 2 to authorise directors to allot shares for cash and to disapply pre-emption rights
Slide 36: Resolution: renew authority to purchase Rio Tinto plc shares
Resolution 3 to renew the authority for the purchase of Rio Tinto plc ordinary shares
Slide 37: Resolution: off-market purchase of Rio Tinto Limited shares
Resolution 4 to authorise the purchase of Rio Tinto Limited shares, off market by tender, by Rio Tinto Limited
Slide 38: Resolution: amend articles of association and constitution
Resolution 5 to approve amendments to the articles of association of the Company and to the constitution of Rio Tinto Limited
Slide 39: Resolution: amend DLC Merger Sharing Agreement
Resolution 6 to approve amendments to the DLC Merger Sharing Agreement
Slide 40: Resolution: approve Share Savings Plan (French section)
Resolution 7 to approve the Rio Tinto Share Savings Plan (French section)
Slide 41: Resolution: elect Richard Goodmanson
Resolution 8 to elect Richard Goodmanson
Slide 42: Resolution: elect Ashton Calvert
Resolution 9 to elect Ashton Calvert
Slide 43: Resolution: elect Vivienne Cox
Resolution 10 to elect Vivienne Cox
Slide 44: Resolution: re-elect Paul Skinner
Resolution 11 to re-elect Paul Skinner
Slide 45: Resolution: reappoint PricewaterhouseCoopers LLP
Resolution 12 re-appointment and remuneration of PricewaterhouseCoopers LLP
Slide 46: Resolution: approve the remuneration report
Resolution 13 to approve the remuneration report
Slide 47: Resolution: receive reports and financial statements for 2004
Resolution 14 to receive the directors’ and auditors’ reports and financial statements for 2004
Slide 48: Annual General Meeting
Annual General Meeting 14 April 2005