Channel Infrastructure Nz Limited · NZX:CHI
Channel Infrastructure Nz — Bell Potter Conference 2022
11 slides from Channel Infrastructure Nz's conference presentation, Sep 15, 2022
Slide 1: New Zealand's leading fuel infrastructure company
New Zealand's leading fuel infrastructure company Bell Potter Conference 15 September 2022
Slide 2: Important Information
Important Information • This presentation contains forward looking statements concerning the or inferred from the forward-looking statements contained in this financial condition, results and operations of Channel Infrastructure NZ Limited announcement. CHI does not guarantee future performance and
Slide 3: Who we are
Who we are Own critical Receive, store, test Transformed from infrastructure – jetties and distribute transport Refining NZ to Channel on the deep-water fuels owned by our Infrastructure on 1 April harbour, customers to the 2022. Fundamental storage tanks, and Northland and Auckland reset in what we
Slide 4: Long-term sustainable business model with a focused growth strategy
Long-term sustainable business model with a focused growth strategy Ownership of critical infrastructure Long-term customer contracts Projected stable earnings and cash flows Strong balance sheet Supporting New Zealand’s decarbonisation Focused growth strategy 4
Slide 5: Critical infrastructure supplying the Auckland and Northland markets
Critical infrastructure supplying the Auckland and Northland markets [1] • New Zealand’s largest transport fuels storage • c180ML of shared capacity and c100ML of contracted additional, dedicated private storage • Potential 50-70ML of further strategic storage and additional storage requirements fro
Slide 6: Long-term contracts underpinning revenue certainty and providing inflation protection
Long-term contracts underpinning revenue certainty and providing inflation protection Fixed Fee and Take-or-pay Fee (before annual price indexation adjustments) ($m) • 10-year customer contracts with fixed and minimum fee components, and third-party access 120 to unutilised capacity after 1 April 20
Slide 7: Projected stable earnings and cash flows
Projected stable earnings and cash flows • FY23 EBITDA now expected to be at the top end of guidance Indicative FY23 Financial metrics range (in nominal terms, includes contracted private storage) • 9 months PPI to June 2022 of 6.6% implies additional c.$7m in revenue for FY23 ($m) • Contracted priv
Slide 8: Strong balance sheet with capital allocation framework to deliver growth and dividends
Strong balance sheet with capital allocation framework to deliver growth and dividends Long-term contracts delivering strong cash flow Returns to shareholders Dividend Policy of 60-70% of Deleveraging free cash flow (excludes growth capex)[1] Focused growth Target leverage of 3-4 times EBITDA Strong
Slide 9: Focused growth strategy, supporting NZ decarbonisation
Focused growth strategy, supporting NZ decarbonisation Energy transition means more fuel choices and infrastructure required Petrol Diesel J et fuel S ustainable aviation fuel Sustainable Hydrogen Renewable gasoline aviation fuel Growth in Renewable diesel other terminal Hydrogen infrastructure Rene
Slide 10: Significant capacity available to grow and diversify revenue in short and long term
Significant capacity available to grow and diversify revenue in short and long term 280ML NZ’s terminal One-third largest storage of land fuel capacity used laboratory IPL c.30% c.35% c.65% Tank Jetty Pipeline capacity capacity capacity 10
Slide 11: Channel Infrastructure NZ
oA 7p) Channel Infrastructure NZ
Channel Infrastructure NZ — Bell Potter Conference 2022 on 6ix