Anglo American Plc · LSE:AAL
Anglo American — Shareholder Meeting (April 2014)
14 slides from Anglo American's shareholder meeting presentation, Apr 24, 2014
Slide 1: Annual General Meeting 2014 – Mark Cutifani, Chief Executive
ANNUAL GENERAL MEETING 2014 MARK CUTIFANI – CHIEF EXECUTIVE 24 April 2014
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Disclaimer: This presentation has been prepared by Anglo American plc (“Anglo American”) and comprises the written materials/slides for a presentation concerning Anglo American. By attending this presentation and/or reviewing the slides you agree to be bound by the following con
Slide 3: 2013 Performance
2013 PERFORMANCE
Slide 4: 2013 Highlights
2013 HIGHLIGHTS The benefits of our improvement work are starting to come through… Operating profit H2 • Group underlying operating profit of $6.6bn, up 6% 11.1 9.8 H1 $ billion • Underlying earnings down 7% to $2.7bn; EPS $2.09 6.3 6.6 5.0 2.5 3.3 • Operating profit improvement driven by improving
Slide 5: 2013 - Safety, Health & Environment
2013 - SAFETY, HEALTH & ENVIRONMENT Making solid progress but more work required on major risks… Safety Safety 20 20 18 17 2.50 • Fatality rates – critical focus on management of 16 15 15 2.00 major hazards 13 Injury frequency rate 14 Lost Time Injury rates continue to improve – Fatal incidents 12
Slide 6: 2014 – A Solid Start
2014 – A SOLID START
Slide 7: A Solid 1st Quarter Performance
A SOLID 1ST QUARTER PERFORMANCE We are starting to see early operational benefits… Safety First fatality-free quarter Further 49% improvement in lost time injury frequency rate in Q1 – of 0.25 per 200,000 hours worked, building on the record we achieved in 2013 Productivity highlights Iron ore
Slide 8: Our Focus for 2014: Bulk Commodities
OUR FOCUS FOR 2014 A relentless focus on our value engine – the operations… Bulk commodities Iron ore: Design of operating reconfiguration and practices progressing to plan….critical work for delivery of Sishen improvement Minas-Rio project to deliver First Ore On Ship by the end of the year
Slide 9: Our Focus for 2014: Base Metals & Minerals
OUR FOCUS FOR 2014 A relentless focus on our value engine – the operations… Base Metals & Minerals Copper: Headwinds in 2H 2014 - lower ore grades expected at Collahuasi and Los Bronces Solid start to 2014 supported production guidance increase to 710-730 Kt Nickel: First furnace rebuild a
Slide 10: Our Focus for 2014: Precious
OUR FOCUS FOR 2014 A relentless focus on our value engine – the operations… Precious Platinum: Production guidance lowered to c.2.1 Moz due to industrial action We continue to evaluate all options for the Platinum business Diamonds: Strategy focused on productivity, costs and margins to de
Slide 11: Driving Value
DRIVING VALUE
Slide 12: Focus on Returns – A Key Measure of Performance
FOCUS ON RETURNS – A KEY MEASURE OF PERFORMANCE We are making good progress in identifying the steps to achieving our ambition… Attributable ROCE (%) / EBIT Impact ($bn) (2) (3) Ongoing LoM strategy reviews $1.3bn >15% $1.2bn $0.9bn $3.3bn 9%(1) 2012(2) Projects Improvement plans (asset Driving Furt
Slide 13: Pillars of Value
7 PILLARS OF VALUE Our business scorecard will measure leading and lagging indicators across 7 key value pillars… Safety and Health Do no harm to our employees or contractors Environment Minimise our impact on the environment Socio-political Spread the benefits of mining to host communities an
Slide 14: Annual General Meeting 2014 – Mark Cutifani, Chief Executive
ANNUAL GENERAL MEETING 2014 MARK CUTIFANI – CHIEF EXECUTIVE 24 April 2014