Bombardier Inc. Class A · TSX:BBD.A

Bombardier Inc. Class A — Shareholder Meeting (May 2014)

88 slides from Bombardier Inc. Class A's shareholder meeting presentation, May 1, 2014

  1. Slide 1: Annual Meeting of Shareholders

    Thursday May 1, 2014 ANNUAL MEETING OF SHAREHOLDERS PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  2. Slide 2: Forward-Looking Statements and Caution

    FORWARD-LOOKING STATEMENTS AND CAUTION This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, guidance, targets, goals, priorities, our market and strategies, financial position, beliefs, prospects, plans, expectat

  3. Slide 3: Forward-Looking Statements

    FORWARD-LOOKING STATEMENTS Forward-looking statements for Aerospace are also based on:  current firm order backlog and estimated future order intake;1  an increase in aircraft deliveries and improved pricing in fiscal year 2014 compared to fiscal year 2013;  continued deployment and execution of

  4. Slide 4: Call to order

    4 Call to order 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  5. Slide 5: Chairman and Secretary of the meeting

    5 of the meeting 2014 ANNUAL MEETING Chairman and Secretary PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  6. Slide 6: Notice of meeting

    6 Notice of meeting 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  7. Slide 7: Scrutineers and quorum

    7 of the meeting 2014 ANNUAL MEETING Scrutineers and quorum PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  8. Slide 8: Safety instructions

    8 Safety instructions 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  9. Slide 9: Electronic voting

    9 Electronic voting 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  10. Slide 10: Inserting your smartcard

    2014 ANNUAL MEETING Inserting your smartcard © Bombardier Inc. or its subsidiaries. All rights reserved. • Insert the smartcard up to the red line, arrows facing you. PRIVATE AND CONFIDENTIAL • A welcome message will appear when the card is inserted correctly. 10

  11. Slide 11: The vote

    2014 ANNUAL MEETING The vote © Bombardier Inc. or its subsidiaries. All rights reserved. • When the poll opens, the handset will display the voting options. PRIVATE AND CONFIDENTIAL 11

  12. Slide 12: The vote

    2014 ANNUAL MEETING The vote © Bombardier Inc. or its subsidiaries. All rights reserved. • To cast your vote, select the appropriate button on the handset. PRIVATE AND CONFIDENTIAL • to vote FOR, select “1”. • to vote AGAINST, select “2”. • to WITHHOLD, select “3”. 12

  13. Slide 13: The vote

    2014 ANNUAL MEETING The vote © Bombardier Inc. or its subsidiaries. All rights reserved. • “Received” will appear on your handset to indicate your vote has PRIVATE AND CONFIDENTIAL been received. • If you change your mind, simply select your new choice. 13

  14. Slide 14: Financial results for the year ended December 31, 2013

    2014 ANNUAL MEETING Financial results for the year ended © Bombardier Inc. or its subsidiaries. All rights reserved. December 31, 2013, PRIVATE AND CONFIDENTIAL Independent auditors’ report and annual financial report to shareholders 14

  15. Slide 15: Election of the Directors

    2014 ANNUAL MEETING ELECTION OF THE DIRECTORS Laurent Beaudoin L. Denis Desautels Jean C. Monty Pierre Beaudoin Thierry Desmarest Vikram Pandit © Bombardier Inc. or its subsidiaries. All rights reserved. PRIVATE AND CONFIDENTIAL Joanne Bissonnette Jean-Louis Fontaine Patrick Pichette J.R. André Shei

  16. Slide 16: Appointment of independent auditors

    16 2014 ANNUAL MEETING Appointment of independent auditors PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  17. Slide 17: Advisory vote on the remuneration of the executive officers

    2014 ANNUAL MEETING Advisory vote on the remuneration of the © Bombardier Inc. or its subsidiaries. All rights reserved. executive officers of Bombardier Inc. PRIVATE AND CONFIDENTIAL 17

  18. Slide 18: Advisory resolution on executive compensation

    2014 ANNUAL MEETING “RESOLVED, on an advisory basis and not to diminish the role © Bombardier Inc. or its subsidiaries. All rights reserved. and responsibilities of the Board of Directors of Bombardier Inc., that the shareholders of Bombardier Inc. accept the PRIVATE AND CONFIDENTIAL approach to exe

  19. Slide 19: PRIVATE AND CONFIDENTIAL

    19 TRANSITION BT PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  20. Slide 20: PRIVATE AND CONFIDENTIAL

    20 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  21. Slide 21: PRIVATE AND CONFIDENTIAL

    21 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  22. Slide 22: PRIVATE AND CONFIDENTIAL

    22 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  23. Slide 23: Bombardier Inc. - Fiscal Year Ended December 31, 2013

    2014 ANNUAL MEETING BOMBARDIER INC. - FISCAL YEAR ENDED DECEMBER 31, 2013 Revenues1 Adjusted net income and adjusted EPS1,2 (for the fiscal years ended; in millions of dollars, except per (for the fiscal years ended; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved.

  24. Slide 24: Bombardier Inc. Order backlog

    2014 ANNUAL MEETING BOMBARDIER INC. Order backlog1 (as at; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. 69.7 PRIVATE AND CONFIDENTIAL 64.9 32.4 Transportation 32.0 Aerospace 32.9 37.3 Dec. 31, 2012 Dec. 31, 2013 1) Comparative figures have been restated for cha

  25. Slide 25: Bombardier Inc. Consolidated revenue outlook

    2014 ANNUAL MEETING BOMBARDIER INC. Consolidated revenue outlook1 (for fiscal years ended December 31; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. 23-25 + 10-15 PRIVATE AND CONFIDENTIAL 18.2 ~ 20 + 5-7 16.4 2012 2013 2014 2015 2016 5 year + from 2013 1) Compar

  26. Slide 26: Bombardier Inc. Order backlog

    2014 ANNUAL MEETING BOMBARDIER INC. Order backlog1 (as at; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. 76.9 PRIVATE AND CONFIDENTIAL 69.7 64.9 38.4 32.4 Transportation 32.0 Aerospace 32.9 37.3 38.5 Dec. 31, 2012 Dec. 31, 2013 Mar. 31, 2014 1) Comparative figur

  27. Slide 27: Bombardier Inc. - Quarter Ended March 31, 2014

    2014 ANNUAL MEETING BOMBARDIER INC. - QUARTER ENDED MARCH 31, 2014 Revenues EBIT before special items1,2 (for the quarters ended; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. (for the quarters ended; in millions of dollars) PRIVATE AND CONFIDENTIAL 4.3 4.4 240

  28. Slide 28: PRIVATE AND CONFIDENTIAL

    28 TRANSITION BT PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  29. Slide 29: PRIVATE AND CONFIDENTIAL

    29 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  30. Slide 30: PRIVATE AND CONFIDENTIAL

    30 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  31. Slide 31: PRIVATE AND CONFIDENTIAL

    31 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  32. Slide 32: PRIVATE AND CONFIDENTIAL

    32 TRANSITION BT PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  33. Slide 33: PRIVATE AND CONFIDENTIAL

    33 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  34. Slide 34: PRIVATE AND CONFIDENTIAL

    34 TRANSITION BT PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  35. Slide 35: PRIVATE AND CONFIDENTIAL

    35 TRANSITION BT PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  36. Slide 36: Bombardier Transportation - Fiscal Year Ended December 31, 2013

    2014 ANNUAL MEETING BOMBARDIER TRANSPORTATION - FISCAL YEAR ENDED DECEMBER 31, 2013 Revenues1 Free cash flow1 (for the fiscal years ended; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. (for the fiscal years ended; in millions of dollars) PRIVATE AND CONFIDENTIAL

  37. Slide 37: Bombardier Transportation Order backlog

    2014 ANNUAL MEETING BOMBARDIER TRANSPORTATION Order backlog1 (as at; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. PRIVATE AND CONFIDENTIAL 32.0 32.4 Dec. 31, 2012 Dec. 31, 2013 1) Comparative figures have been restated for changes in accounting policies and met

  38. Slide 38: PRIVATE AND CONFIDENTIAL

    38 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  39. Slide 39: PRIVATE AND CONFIDENTIAL

    39 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  40. Slide 40: PRIVATE AND CONFIDENTIAL

    40 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  41. Slide 41: PRIVATE AND CONFIDENTIAL

    41 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  42. Slide 42: PRIVATE AND CONFIDENTIAL

    42 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  43. Slide 43: PRIVATE AND CONFIDENTIAL

    43 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  44. Slide 44: PRIVATE AND CONFIDENTIAL

    44 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  45. Slide 45: PRIVATE AND CONFIDENTIAL

    45 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  46. Slide 46: PRIVATE AND CONFIDENTIAL

    46 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  47. Slide 47: PRIVATE AND CONFIDENTIAL

    47 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  48. Slide 48: PRIVATE AND CONFIDENTIAL

    48 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  49. Slide 49: PRIVATE AND CONFIDENTIAL

    49 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  50. Slide 50: Bombardier Transportation - Quarter Ended March 31, 2014

    2014 ANNUAL MEETING BOMBARDIER TRANSPORTATION - QUARTER ENDED MARCH 31, 2014 Order intake & book-to-bill ratio1 Order backlog1 (in billions of dollars) (as at; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. BA PRIVATE AND CONFIDENTIAL 3.5 Order intake 38.4 Book-t

  51. Slide 51: PRIVATE AND CONFIDENTIAL

    51 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  52. Slide 52: PRIVATE AND CONFIDENTIAL

    52 TRANSITION BT PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  53. Slide 53: PRIVATE AND CONFIDENTIAL

    53 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  54. Slide 54: PRIVATE AND CONFIDENTIAL

    54 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  55. Slide 55: PRIVATE AND CONFIDENTIAL

    55 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  56. Slide 56: PRIVATE AND CONFIDENTIAL

    56 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  57. Slide 57: PRIVATE AND CONFIDENTIAL

    57 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  58. Slide 58: PRIVATE AND CONFIDENTIAL

    58 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  59. Slide 59: PRIVATE AND CONFIDENTIAL

    59 2014 ANNUAL MEETING PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  60. Slide 60: Bombardier Aerospace – Fiscal Year Ended December 31, 2013

    2014 ANNUAL MEETING BOMBARDIER AEROSPACE – FISCAL YEAR ENDED DECEMBER 31, 2013 Order backlog1 (in billions of dollars) 21% 37 © Bombardier Inc. or its subsidiaries. All rights reserved. CAGR 33 PRIVATE AND CONFIDENTIAL 24 20 17 2009 2010 20112 2012 2013 60 1) The total order backlog as at year-end.

  61. Slide 61: Bombardier Aerospace - Fiscal Year Ended December 31, 2013

    2014 ANNUAL MEETING BOMBARDIER AEROSPACE - FISCAL YEAR ENDED DECEMBER 31, 2013 Revenues1 EBIT1 (for the fiscal years ended; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. (for the fiscal years ended; in millions of dollars) PRIVATE AND CONFIDENTIAL 9.4 418 8.6 39

  62. Slide 62: 5-year + Revenues Mix

    2014 ANNUAL MEETING 5-year + Revenues Mix (Illustrative) 2013 Revenues Mix © Bombardier Inc. or its subsidiaries. All rights reserved. PRIVATE AND CONFIDENTIAL Commercial Aircraft $8B to $12B Business Aircraft Commercial Business of additional Aircraft Aircraft revenues targeted - Customer $9.4B $17

  63. Slide 63: PRIVATE AND CONFIDENTIAL

    63 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  64. Slide 64: PRIVATE AND CONFIDENTIAL

    64 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  65. Slide 65: PRIVATE AND CONFIDENTIAL

    65 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  66. Slide 66: PRIVATE AND CONFIDENTIAL

    66 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  67. Slide 67: PRIVATE AND CONFIDENTIAL

    67 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  68. Slide 68: PRIVATE AND CONFIDENTIAL

    68 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  69. Slide 69: PRIVATE AND CONFIDENTIAL

    69 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  70. Slide 70: PRIVATE AND CONFIDENTIAL

    70 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  71. Slide 71: PRIVATE AND CONFIDENTIAL

    71 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  72. Slide 72: PRIVATE AND CONFIDENTIAL

    72 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  73. Slide 73: PRIVATE AND CONFIDENTIAL

    73 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  74. Slide 74: PRIVATE AND CONFIDENTIAL

    74 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  75. Slide 75: PRIVATE AND CONFIDENTIAL

    75 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  76. Slide 76: PRIVATE AND CONFIDENTIAL

    76 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  77. Slide 77: PRIVATE AND CONFIDENTIAL

    77 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  78. Slide 78: PRIVATE AND CONFIDENTIAL

    78 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  79. Slide 79: PRIVATE AND CONFIDENTIAL

    79 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  80. Slide 80: PRIVATE AND CONFIDENTIAL

    80 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  81. Slide 81: PRIVATE AND CONFIDENTIAL

    81 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  82. Slide 82: Bombardier Aerospace - Quarter Ended March 31, 2014

    2014 ANNUAL MEETING BOMBARDIER AEROSPACE - QUARTER ENDED MARCH 31, 2014 Revenues EBIT before special items (for the quarters ended; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. (for the quarters ended; in millions of dollars) PRIVATE AND CONFIDENTIAL 2.3 2.1 10

  83. Slide 83: Bombardier Aerospace Order backlog

    2014 ANNUAL MEETING BOMBARDIER AEROSPACE Order backlog (as at; in billions of dollars) © Bombardier Inc. or its subsidiaries. All rights reserved. PRIVATE AND CONFIDENTIAL 37.3 38.5 Dec. 31, 2013 Mar. 31, 2014 83

  84. Slide 84: PRIVATE AND CONFIDENTIAL

    84 PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  85. Slide 85: PRIVATE AND CONFIDENTIAL

    85 TRANSITION BT PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  86. Slide 86: Shareholders' questions or comments

    86 Shareholders’ 2014 ANNUAL MEETING questions or comments PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  87. Slide 87: Other business and closing of the meeting

    87 Other business and 2014 ANNUAL MEETING closing of the meeting PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

  88. Slide 88: PRIVATE AND CONFIDENTIAL

    88 TRANSITION BT PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.

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