Duke Energy Corporation (Holding Company) · NYSE:DUK
Duke Energy Corporation (Holding Company) — Shareholder Meeting (August 2011)
13 slides from Duke Energy Corporation (Holding Company)'s shareholder meeting presentation, Aug 23, 2011
Slide 1: Stronger as One - Special Duke Energy Shareholders Meeting
Stronger as One Special Duke Energy Shareholders Meeting • August 23, 2011
Slide 2: Safe Harbor
Stronger as One Safe Harbor SAFE HARBOR STATEMENT This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on management's beliefs and assumptions. Th
Slide 3: Safe Harbor (Cont'd)
Stronger as One Safe Harbor (Cont’d) REG G DISCLOSURE In addition, today's discussion includes certain non-GAAP financial measures as defined under SEC Regulation G. A reconciliation of those measures to the most directly comparable GAAP measures is available on our Investor Relations website at www
Slide 4: Status of Merger Filings (As of August 23, 2011)
Stronger as One Status of Merger Filings (As of August 23, 2011) Progress on Stakeholder Approved Key Milestones Shareholder Shareholder meetings and votes August 23 Waiting Period Department of Justice Met obligations of Hart-Scott-Rodino Act Expired Federal Communications Commission Received
Slide 5: Advancing Merger Integration Planning
Stronger as One Advancing Merger Integration Planning Targeted close August 23 by end of 2011 Plan Analyze Design Prepare Operate Day One of New Duke Energy Best Practices Will Create New Efficiencies and Productivity Gains 5
Slide 6: Highly Experienced Leadership Team
Stronger as One Highly Experienced Leadership Team Board of Directors Bill Johnson Jim Rogers (18 Members) President and Chief Executive Chairman Executive Officer Lynn Good Chief Financial Officer Dhiaa Jamil John McArthur Nuclear Generation Regulated Utilities Marc Manly General Counsel Jeff Lyash
Slide 7: Creating the Largest U.S. Utility
Stronger as One Creating the Largest U.S. Utility The combined company will create the largest U.S. utility, with unmatched scale and scope Diverse Service Territories Combined Statistics Duke Progress Energy Energy Combined Rank Enterprise Value $40.2 B $25.1 B $65.3 B #1 Market Cap. $23.7 B $12.
Slide 8: Our Mission
Stronger as One Our Mission Safely deliver reliable and increasingly clean electricity, 24/7 Maintain competitive customer rates compared to national and regional averages Provide exceptional customer service Generate fair and competitive investor returns 8
Slide 9: Customer Benefits from the Merger
Stronger as One Customer Benefits from the Merger Customers in the Carolinas will benefit from significant fuel and joint dispatch savings Cumulative savings of approximately $700 million over first five years Over time, Duke Energy customers will benefit from cost savings resulting from the i
Slide 10: Attractive Shareholder Value Track Record
Stronger as One Attractive Shareholder Value Track Record Growth in DUK Annual Dividends Total Shareholder Return (%) Amounts Per Share 1 Year 3 Year 5 Year +3% Average 36.2 Annual Growth $1.00 $0.98 $0.96 22.8 $0.92 15.1 13.0 11.0 $0.88 6.6 0.3 (5.1) (4.1) S&P UTY DUK S&P UTY DUK S&P UTY DUK 2007 2
Slide 11: Stronger as One
Stronger as One
Slide 12: Duke Energy Corporation Non-GAAP Reconciliations
Duke Energy Corporation Non-GAAP Reconciliations Special Shareholders Meeting August 23, 2011 2011 Forecasted Adjusted Segment EBIT Business Mix The prepared comments for Duke Energy’s Special Shareholders meeting on August 23, 2011, include a discussion of Duke Energy’s 2011 forecasted business mix
Slide 13: Progress Energy, Inc. Non-GAAP Financial Measures
Progress Energy, Inc. Non-GAAP Financial Measures Special Shareholders Meeting August 23, 2011 Ongoing Earnings Per Share Progress Energy’s management uses ongoing earnings per share to evaluate the operations of the company and to establish goals for management and employees. Management believes th