Austal Limited · ASX:ASB
Austal — Shareholder Meeting (October 2006)
18 slides from Austal's shareholder meeting presentation, Oct 16, 2006
Slide 1: Austal
Slide 2: Mr John Rothwell AO, Executive Chairman
Mr John Rothwell AO Executive Chairman www.austal.com
Slide 3: Austal is a diversified shipbuilder based in Western Australia
« Austal is a diversified shipbuilder based in Western Australia. ¢« Operates from three construction yards in Henderson, WA and one in Mobile, Alabama in the USA. « In excess of 160 vessels exported to 31 countries. « 100 catamaran ferry now under construction « In excess of 1800 employees. « Produ
Slide 4: Financial results ($ million)
4005 _ ($ million) Operating Profit (Loss) Befo e Tax _ Net Profit (Loss) After Tax and OE Earnings Per Share fcents) www.austal.com
Slide 5: Net profit attributable to shareholders of $40.6 million
¢ Net Profit attributable to shareholders of $40.6 million. ¢ Confirmation of first Littoral Combat Ship contract. ¢ Final confirmation of Hawaii Superferry contract. ¢ Confirmation of large ferry orders for Turkey and Oman. « “Westpac Express” re-chartered to Marines. ¢ Opening of Expanded USA faci
Slide 6: www.austal.com
www.austal.com
Slide 7: Outlook for Australian and US operations
¢ Australian operations have contracts in hand through to 2008. Inquiries for commercial and defence vessels remain steady. ¢ US operations — now delivering a profit with work in hand to 2009. Option for a second LCS current until 31 December 2006. ee _ nS www.austal.com RN
Slide 8: Total forward orders of $577.7m at June 2006
oO ¢ Total forward orders of $577.7m at 30 June 2006; —2 x 107m Hawaii ferries —2 x 88m Turkey ferries — 2 x 65m Oman ferries —1x127mLCS vessel —6 x 58m RAN patrol boats — 1 x 58m private cruise www.austal.com
Slide 9: Australia and USA workforce
Australia « Skilled labour shortages continue to restrict output. ¢ Total workforce is approximately 1100. * Overseas recruitment has been successful through provision of valuable skills. * Continued implementation of Advanced Shipbuilding methodology to improve and simplify the construction process
Slide 10: New offices and facilities
New Offices * Opening Ceremony for new facilities held in November, 2005 sc www.austal.com RN
Slide 11: www.austal.com
www.austal.com
Slide 12: www.austal.com
www.austal.com
Slide 13: Status of LCS
atus of LCS ¢ Originally both LCS teams received options for the construction of up to two LCS’s each making a total of four in “Flight 0”. ¢ Austal’s second option is valid until 31 December 2006. ¢ In July 2006 the US Navy issued a request for tender expanding “Flight 0” to a possible 17 vessels f
Slide 14: US Navy Assistant Secretary visits Austal's Australian shipyards
Dr. Delores M. Etter, Assistant Secretary of US Navy visits Austal’s Australian shipyards with US Navy officials. www.austal.com
Slide 15: Reuters: US Navy acquisition strategy for LCS
C. 22 September 2006, WASHINGTON (Reuters) - The U.S. Navy hopes to finalize its acquisition strategy for a new class of shore-hugging combat ships by mid-December, US Navy acquisition chief Delores Etter told euters. The Navy has not yet announced whether it will choose one or both designs for full
Slide 16: Australia and USA outlook
Australia ¢ Diverse product range — Ability to design to customer requirements. — Market leader in high speed ferries — Acceptable enquiry level for commercial and defence vessels USA ¢ Large potential growth; — For the US$16.5 billion Littoral Combat Ship Project — Other military troop and cargo hi
Slide 17: Location of Austal vessels
ocation of Austal vessels Germany , Estonia Norway Denma UK Irelan i» Singapore a. New Caledonia e Fiji On. Indonesia ° Tahiti . N Zeal Australia a ew Zealand Locations show where Austal vessels are operating today | www.austal.com RN
Slide 18: Austal