Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Shareholder Meeting (October 2017)
45 slides from Bhp's shareholder meeting presentation, Oct 20, 2017
Slide 1: BHP Billiton Plc Annual General Meeting 2017
For personal use only BHP Billiton Plc Annual General Meeting 2017
Slide 2: Disclaimer: Forward-looking statements
Disclaimer Forward-looking statements This presentation contains forward-looking statements, including statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; plans, strategies and objectives of management; closure or divestment of For personal use only
Slide 3: Ken MacKenzie, Chairman
For personal use only Ken MacKenzie Chairman
Slide 4: Your Board
Your Board Ken MacKenzie Andrew Mackenzie Carolyn Hewson For personal use only Malcolm Anita Shriti Lindsay Broomhead Frew Vadera Maxsted Wayne Terry John Murdy Bowen Mogford
Slide 5: Ken MacKenzie, Chairman
For personal use only Ken MacKenzie Chairman
Slide 6: Broader contribution
Broader contribution For personal use only _____ A company that makes a contribution to so many people, communities and nations around the world.
Slide 7: For personal use only
‘For pers@iieltise only
Slide 8: For personal use only
For personal use only
Slide 9: Engaged with shareholders in countries
Engaged with over 100 shareholders in 8 countries For personal use only
Slide 10: For personal use only
For personal use only
Slide 11: Strong foundations
Strong foundations For personal use only _____ BHP is steeped in over 130 years of history.
Slide 12: Jac Nasser, Former Chairman
For personal use only Jac Nasser Former Chairman
Slide 13: Strong foundations: over the past five years
Strong foundations For personal use only _____ Over the past five years… Simpler portfolio in the right commodities. Over US$12 billion of annualised productivity gains. 70 per cent reduction in annual capital expenditure. Less debt, more flexibility.
Slide 14: For personal use only
For personal use only
Slide 15: For personal use only
For personal use only
Slide 16: Safety, Portfolio, Capital discipline, Capability and culture, Social licence
Safety Portfolio Capital Capability Social discipline and culture licence For personal use only ___ ___ ___ ___ ___
Slide 17: Safety
Safety For personal use only _____ Nothing is achieved if it’s not done safely.
Slide 18: Assessing the portfolio
Assessing the portfolio For personal use only _____ Every asset earns its way in the portfolio against strict metrics focused on value and returns.
Slide 19: Capital discipline
Capital discipline For personal use only _____
Slide 20: Our Capital Allocation Framework
Our Capital Allocation Framework For personal use only Operating productivity Capital productivity Net operating cash flow Maintenance capital Strong balance sheet Minimum 50% payout ratio dividend Excess cash Additional Organic Acquisitions / Balance sheet Share buy-backs dividend amounts developme
Slide 21: Capital discipline
Capital discipline For personal use only _____ Capital Allocation Framework. Net debt range of US$10-15 billion in the medium term. Capex below US$8 billion for FY2019 and FY2020.
Slide 22: Capital discipline
Capital discipline For personal use only _____ Disciplined decisions that make the most of the hard- won cash flow our assets generate.
Slide 23: Capability and culture
Capability and culture For personal use only _____ Better never stops.
Slide 24: For personal use only
For personal use only
Slide 25: Your Board
Your Board Ken MacKenzie Andrew Mackenzie Carolyn Hewson For personal use only Malcolm Anita Shriti Lindsay Broomhead Frew Vadera Maxsted Wayne Terry John Murdy Bowen Mogford
Slide 26: Welcome to our new Directors
Welcome to our new Directors For personal use only Terry John Bowen Mogford
Slide 27: Social licence to operate
Social licence to operate For personal use only _____ Public acceptance and trust are an imperative for BHP.
Slide 28: For personal use only
For personal use only
Slide 29: For personal use only
For personal use only
Slide 30: Safety, Portfolio, Capital discipline, Capability and culture, Social licence
Safety Portfolio Capital Capability Social discipline and culture licence For personal use only ___ ___ ___ ___ ___
Slide 31: Andrew Mackenzie, Chief Executive Officer
For personal use only Andrew Mackenzie Chief Executive Officer
Slide 32: Safety
Safety For personal use only _____ Safety is our top priority.
Slide 33: Safety
Safety For personal use only _____ Our total recordable injury frequency (TRIF) is down. TRIF(1) FY2016 FY2017 4.3 4.2 (1) Total recordable injury frequency is calculated based on the number of recordable injuries per million hours worked.
Slide 34: For personal use only
For personal use only
Slide 35: For personal use only
For personal use only
Slide 36: For personal use only
For personal use only
Slide 37: Market outlook
Market outlook For personal use only _____ Our long-term view for markets remains positive.
Slide 38: Transforming the company
Transforming the company For personal use only _____ Over the past five years… Focused portfolio. US$12 billion in productivity gains. Reduced unit costs by 40 per cent.
Slide 39: Strong FY2017 Results
Strong FY2017 Results For personal use only _____ Free cash flow of US$12.6 billion. Reduced net debt by US$10 billion. Returned US$4.4 billion to shareholders.
Slide 40: Our plan to create value
Our plan to create value For personal use only _____
Slide 41: For personal use only
For personal use only
Slide 42: Culture, inclusion and diversity
Culture, inclusion and diversity For personal use only _____ Flexible work will increase safety and productivity and make us more attractive to a larger, more diverse group of people.
Slide 43: Our FY2017 broader contribution
Our FY2017 broader contribution For personal use only _____ US$72.9 million voluntarily invested in social projects. US$26.1 billion total economic contribution.
Slide 44: For personal use only
For personal use only
Slide 45: For personal use only
Ajuo asn feuosied 10-)