White Energy Company Limited · ASX:WEC
White Energy — FY2011 Earnings Presentation
12 slides from White Energy's earnings presentation, Sep 2, 2011
Slide 1: FY2011 Results Presentation
For personal use only FY2011 RESULTS PRESENTATION 2 September 2011
Slide 2: Highlights / Financial Summary
For personal use only Highlights Financial Summary Page 22
Slide 3: FY2011 Highlights
FY2011 Highlights The Company continued to make sound progress in each of its key markets during the year For personal use only Completed the successful takeover of South Australian Coal Limited (SAC), laying the foundations for the establishment of a diversified coal company Australia Identifie
Slide 4: Establishment of a Solid Growth Platform
Establishment of a Solid Growth Platform Following the SAC takeover White Energy is now organised around two distinct – but For personal use only related – business divisions Coal Technology Coal Mining Upgrade Upgrade South Australian Other mining Coal Fines Sub-bituminous coal Coal Limited assets
Slide 5: Target Milestones for the Year Ahead
Target Milestones for the Year Ahead The Company has identified a number of key areas of focus for FY2012 For personal use only Indonesia United States Africa China Australia Key • Bayan • Peabody Energy • Black River • In commercial • South Australian Partners/ Resources • Buckskin discussions Coal
Slide 6: Highlights / Financial Summary
For personal use only Highlights Financial Summary Page 66
Slide 7: FY2011 Results Overview
FY2011 Results Overview White Energy’s operating results for the year reflect a continued investment for the future For personal use only growth of the business Consolidated entity’s net loss for the year was A$18.8M (2010: A$35.8M). Normalised EBITDA loss for the year was A$28.6M (2010: A$15.6M
Slide 8: FY2011 Results Overview (continued)
FY2011 Results Overview (continued) FY2011 FY2010 For personal use only A$M A$M Consolidated Entity net loss for the year (18.8) (35.8) Add-back / (subtraction) items: • Net interest (revenue) / expense (3.4) 1.3 • Income tax credit (19.2) - • Fair value gain on financial liabilities (SAC Performanc
Slide 9: FY2011 Results Overview (continued): Balance Sheet
FY2011 Results Overview (continued) Consolidated balance sheet For personal use only A$M 30 June 30 June 2011 2010 Cash on hand at 30 June 2011 A$183.9M Current Assets 197.8 119.2 Increase in assets from A$317M to A$534.4M, Non-Current Assets 336.6 197.8 which mainly reflects the acquisition of
Slide 10: Forward Looking Statements
Forward Looking Statements For personal use only Except for the historical information contained herein, the matters discussed in this presentation contain forward- looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipate
Slide 11: Competent Person Statement
Competent Person Statement For personal use only South Australian Coal Limited The information in this presentation, which relates to Exploration Results, Mineral Resources or Ore Reserves in EL4534 (previously EL3386), for coal, is based on information compiled by Jonathan Barber, who is a member o
Slide 12: Contact details
For personal use only Maritime Trade Towers Level 20, 201 Kent Street Sydney, NSW 2000 Telephone: +61 2 9959 0000 Facsimile: + 61 2 9959 0099 Email: info@whiteenergyco.com ABN 62 071 527 083 Page12 12