James Hardie Industries Plc. · NYSE:JHX
James Hardie Industries — Shareholder Meeting (August 2012)
36 slides from James Hardie Industries's shareholder meeting presentation, Aug 15, 2012
Slide 1: Annual General Meeting 13 August 2012
Annual General Meeting 13 August 2012 Exhibit 99.7
Slide 2: Chairman's Address – Michael Hammes
Annual General Meeting 13 August 2012 Chairman’s Address – Michael Hammes
Slide 3: CEO's Address – Louis Gries
Annual General Meeting 13 August 2012 CEO’s Address – Louis Gries
Slide 4: Agenda
AGENDA Global strategy Results overview – Full Year 2012 and Q1 FY 2012 USA and Europe Fibre Cement Capital management Group summary Group outlook
Slide 5: Global Strategy
GLOBAL STRATEGY Aggressively grow demand for our products in targeted market segments Grow our overall market position while defending our share in existing market segments Introduce differentiated products to deliver a sustainable competitive advantage
Slide 6: Group Overview – FY12
GROUP OVERVIEW – FY12 The net operating result excluding asbestos, ASIC expenses, asset impairments and tax adjustments for the full year increased 20% to US$140.4 million The full year results include an income tax benefit of US$485.2 million resulting from RCI’s successful appeal of the ATO’s 1999
Slide 7: Group Overview – Q1 FY13
• The net operating result excluding asbestos, ASIC expenses and tax adjustments increased 11% to US$ 43.8 million and reflects: • A non-recurring foreign exchange gain of US$5.5 million arising on repayment of an A$ intercompany loan on conclusion of the RCI tax litigation • An ordinary dividend of
Slide 8: USA and Europe Fibre Cement – Average Net Sales Price
USA AND EUROPE FIBRE CEMENT Average Net Sales Price (US dollars) US$649 FY07 FY08 FY09 FY10 FY11 FY12 Q1 FY13
Slide 9: USA and Europe Fibre Cement – EBIT and EBIT Margin
Excludes impairment charges of US$45.6 million in Q4 FY08 and US$14.3 million in Q4 FY12 EBIT and EBIT Margin USA AND EUROPE FIBRE CEMENT FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 EBIT Margin EBIT
Slide 10: Capital Management
CAPITAL MANAGEMENT An ordinary dividend of US38.0 cents per security was paid on 23 July 2012 for fiscal 2012. The total amount of the dividend was US$166.4 million. The dividend was paid from earnings in the second-half of financial year The total full year dividend for fiscal 2012 was US42.0 cents
Slide 11: Key Ratios
KEY RATIOS FY2012 FY 2011 FY 2010 EPS (Diluted) 32.1c 26.7c 30.5c Dividend Paid per share 4.0c N/A N/A Return on Shareholders’ Funds 10.9% 10.0% 13.3% Return on Capital Employed 20.4% 19.7% 17.4% EBIT/ Sales (EBIT margin) 15.3% 15.8% 18.6% Gearing Ratio -24.5% 3.2% 10.9% Net Interest Expense Cover 2
Slide 12: Group Summary
GROUP SUMMARY Comparisons are of the 1st quarter of the current fiscal year versus the 1st quarter of the prior fiscal year Asia Pacific Fibre Cement results reflected: Subdued operating environments in the Asia Pacific region, particularly Australia Expenses related to feasibility studies for antic
Slide 13: Group Outlook
GROUP OUTLOOK United States Some encouraging industry data points continued to emerge during the quarter, including increased stability of house values in recent months Early stages of a recovery in residential market appears to be underway The extent and rate of improvement, however, is uncertain P
Slide 14: Items of Business
Annual General Meeting 13 August 2012 Items of Business
Slide 15: Resolution 1: Financial Statements and Results
Receive and consider the financial statements and reports for the year ended 31 March 2012 RESOLUTION 1 Financial Statements and Results
Slide 16: Resolution: Financial Statements and Results
RESOLUTION Financial Statements and Results
Slide 17: Resolution 2: Remuneration Report
Receive and consider the Remuneration Report of the company for the year ended 31 March 2012 RESOLUTION 2 Remuneration Report
Slide 18: Resolution: Remuneration Report
RESOLUTION Remuneration Report
Slide 19: Resolution 3: Election and Re-election of Directors
Elect Alison Littley as a Director Re-elect Brian Anderson as a Director Re-elect James Osborne as a Director RESOLUTION 3 Election and Re-election of Directors
Slide 20: Resolution 3(a): Alison Littley
RESOLUTION 3(a) Election and Re-election of Directors Alison Littley
Slide 21: Resolution 3(b): Brian Anderson
RESOLUTION 3(b) Election and Re-election of Directors Brian Anderson
Slide 22: Resolution 3(c): James Osborne
RESOLUTION 3(c) Election and Re-election of Directors James Osborne
Slide 23: Resolution 4: Authority to Fix External Auditor's Remuneration
Give authority to the Board of Directors to fix the external auditor’s remuneration for the year ending 31 March 2013 RESOLUTION 4 Authority to Fix External Auditor’s Remuneration
Slide 24: Resolution: Authority to Fix External Auditor's Remuneration
RESOLUTION Authority to Fix External Auditor’s Remuneration
Slide 25: Resolution 5: Increase Non-executive Director Fee Pool
Approve the increase in the non-executive director fee pool RESOLUTION 5 Increase Non-executive Director Fee Pool
Slide 26: Resolution: Increase Non-executive Director Fee Pool
RESOLUTION Increase Non-executive Director Fee Pool
Slide 27: Re-approve the Long Term Incentive Plan
Re-approve the Long Term Incentive Plan RESOLUTION 6 Re-approve Long Term Incentive Plan
Slide 28: Resolution: Re-approve Long Term Incentive Plan
RESOLUTION Re-approve Long Term Incentive Plan
Slide 29: Resolution 7: Grant of ROCE Restricted Stock Units
Approve the grant of Return on Capital Employed Restricted Stock Units (RSUs)under the company’s Long Term Incentive Plan to the CEO, Louis Gries RESOLUTION 7 Grant of Return on Capital Employed Restricted Stock Units
Slide 30: Resolution: Grant of ROCE Restricted Stock Units
RESOLUTION Grant of Return on Capital Employed Restricted Stock Units
Slide 31: Resolution 8: Grant of Relative TSR RSUs
Approve the grant of Restricted Stock Units with a Relative Total Shareholder Return (TSR) hurdle under the Long Term Incentive Plan to the CEO, Louis Gries. RESOLUTION 8 Grant of Relative Total Shareholder Returns (TSR) RSUs
Slide 32: Resolution: Grant of Relative TSR RSUs
RESOLUTION Grant of Relative Total Shareholder Returns (TSR) RSUs
Slide 33: Resolution 9: Convert to an Irish public company
Approve that the company be converted into an Irish public limited company RESOLUTION 9 Convert James Hardie Industries SE to an Irish public company
Slide 34: Resolution: Convert James Hardie Industries SE to Irish public company
RESOLUTION Convert James Hardie Industries SE to an Irish public company
Slide 35: Disclaimer
DISCLAIMER This Management Presentation contains forward-looking statements. James Hardie may from time to time make forward-looking statements in its periodic reports filed with or furnished to the SEC, on Forms 20-F and 6-K, in its annual reports to shareholders, in offering circulars, invitation
Slide 36: Annual General Meeting August 2012
Annual General Meeting 13 August 2012
James Hardie Industries — Shareholder Meeting (August 2012) on 6ix