Janus Electric Holdings Limited · ASX:JNS
Janus Electric — Shareholder Meeting (November 2019)
8 slides from Janus Electric's shareholder meeting presentation, Nov 28, 2019
Slide 1: 2019 Annual General Meeting
2019 Annual General Meeting 28 November 2019
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by ReNu Energy Limited (ABN 55 095 006 090) and is general background information about ReNu Energy’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete.
Slide 3: FY19 - Health and Safety & Environment
FY 19 - Health and Safety & Environment For the twelve months to June 2019, ReNu Energy recorded zero lost time injuries and zero medical treatment injuries. 5,526 tonnes OF CO2 E ABATED* 24,168 662 Homes = CO2E EMISSIONS OF 662 HOMES FOR ONE YEAR 1,173 Cars = 1,173 CARS OFF THE ROAD FOR ONE YEAR 3
Slide 4: FY19 - Financial Results
FY19 - Financial Results Commissioning and operation of solar PV embedded network sites during FY19 contributed to an improved result • Increased income from solar operations contributed to $1.9m improvement in EBITDA to $2.8m (loss). EBITDA by business segment 2019 2018 Movement $000s $000s $000s B
Slide 5: Capital Restructure & Strategic Review
Capital Restructure & Strategic Review Investigations undertaken in FY19 led to the decision that it was necessary to restructure the business. • Extensive efforts to source debt and equity funding for operating activities and new projects were not successful in securing the necessary finances requi
Slide 6: Bioenergy Portfolio
Bioenergy Portfolio ReNu Energy continues to hold a 30% interest in the bioenergy projects. In FY19 the projects produced 4.7GWh.
Slide 7: Looking Ahead
Looking Ahead Prioritise close out of remediation obligations and reducing costs. • Prudent approach now is to narrow the focus: ✓ Complete restructuring the business ✓ Prioritise close out of Cooper Basin remediation obligation for Habanero wells 3 & 4 • Appointment of a technical expert to manage
Slide 8: Thank you
ReNu ENERGY Thank you
Janus Electric Holdings — Shareholder Meeting (November 2019) on 6ix