Yancoal Australia Ltd. · ASX:YAL

Yancoal Australia — Shareholder Meeting (May 2014)

15 slides from Yancoal Australia's shareholder meeting presentation, May 30, 2014

  1. Slide 1: Yancoal Australia Ltd Annual General Meeting

    Yancoal Australia Ltd Annual General Meeting 兖州煤业澳大利亚有限公司 周年股东大会 CEO Presentation 首席执行官公司业绩介绍演示文稿 30 May 2014 2014年5月30日日 Reinhold Schmidt: CEO 首席执行官：闰厚德.施密特

  2. Slide 2: Disclaimer

    Disclaimer免责声明 Summary of information 信息摘要 This Presentation contains summary information about Yancoal Australia Ltd (“Yancoal”, “Yancoal Australia” or the “Company”) and its subsidiaries and their activities. It should be read in conjunction with Yancoal’s other periodic and continuous disclosure

  3. Slide 3: Contents

    Contents 演示文稿内容摘要  Highlights  2013年经营亮点  Results for 2013  2013年经营业绩 • Operating Results • 运营业绩 • Market Context • 市场环境 • Financial Results • 财务业绩  Outlook for 2014  2014年前景展望  Conclusion  综述 3 29 May 2014 3

  4. Slide 4: Highlights for 2013

    Highlights for 2013 2013年经营亮点  Operations运营业绩 • Record group production in 2013 – saleable production +15% • Cost efficiency and productivity improvements – FOB costs -11%  Markets 市场形势 • Rapid response to ongoing market downturn included management restructure, consolidation of operational proces

  5. Slide 5: Operations

    Operations 公司运营煤矿概况 Yancoal has interests in 7 operating coal mines and 2 ports in Australia 5 29 May 2014 5

  6. Slide 6: Strong operating scorecard

    Increased volumes & Reduced operating costs 提升煤炭产量、降低运营成本 Strong operating scorecard 出色的运营业绩 Operationally, the business met the economic challenges of the coal market downturn head-on with a focus on increased volumes and reduced operating costs  Record production - Equity sales volume increased b

  7. Slide 7: Record group production

    Record group production 产量再创新高 Operational performance delivering portfolio transformation and improvement  Moolarben : +21% increase in saleable production • Well controlled costs and increased productivity ensured strong margins despite price declines.  Yarrabee : +27% increase in saleable produ

  8. Slide 8: Repositioned for growth

    Repositioned for growth重新定位、蓄势待发 Integration of the “Yancoal Way” operating culture, systems and supporting infrastructure :  Business improvement - Portfolio has delivered significant gains in productivity, cost reductions, volume increases, safety performance and environmental improvement.  Orga

  9. Slide 9: Market Challenges

    Market Challenges 面临严峻的市场挑战 International coal prices continued to deteriorate, driven by excess supply. Currency:  As in 2012, a relatively strong Australian dollar continues to exacerbate margin pressures.  Yancoal uses a long-term forecast AUD/USD rate of 0.80 for valuation and impairment asses

  10. Slide 10: Financial Overview

    Financial Overview 财务业绩概况 Key 2013 Financial outcomes:  Operations: delivered a positive EBITDA of $44M in a difficult environment  Profitability: Loss after tax of $832M included significant losses after tax from Foreign Exchange losses ($259M) and impairment ($227M)  Cashflow: Net Cash from Ope

  11. Slide 11: Balance sheet

    Balance sheet 资产负债表 2013 Balance Sheet  Yancoal’s loan balance increased $1,578M from $3,579M to $5,157M:  The year end loan balance included $1,918M intercompany borrowings from Yanzhou. 2013 - Change in Net Debt (A$M) 5,000 31 4,500 340 4,000 670 3,500 568 3,000 A$M 2,500 4,839 2,000 1,500 3,229

  12. Slide 12: Profitability and non-operating items

    Profitability 盈利状况 2013 - Profit & Loss Drivers before Non-Operating Items (Pre-Tax A$M) 2013 Profit or Loss Statement 200 229 100 0 -96 Yancoal reported a loss after tax of A$M -100 -200 -297 -352 $832M or ($0.84) per share from -300 -79 -66 revenue of $1,530M for the year -400 -43 Prices* Other ta

  13. Slide 13: 2014 Outlook

    2014 Outlook 2014年前景展望  Improvements: Continued alignment and integration of policies, platforms and standards across all operations to deliver: • improved safety performance • saleable production and operating costs at similar levels to 2013 • an ongoing focus on cost, productivity and efficiency.

  14. Slide 14: Conclusions

    Conclusions 综述  Coal market conditions remain tough  煤炭市场环境依旧严峻  Yancoal will continue to work on all aspects of the  公司将持续致力于在全公司范围内实现降 business to remove costs, improve profitability and 本增盈，提升经营效率。 lift efficiency  莫拉本煤矿二期扩产项目仍将是公司资本  Moolarben Stage 2 expansion remains the capital 投入的优先项目。

  15. Slide 15: Thankyou

    Thankyou 谢谢！ 15 29 May 2014 15

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