Nrw Holdings Limited · ASX:NWH
Nrw — Shareholder Meeting (November 2007)
24 slides from Nrw's shareholder meeting presentation, Nov 28, 2007
Slide 1: Annual General Meeting 2007
Annual General Meeting 2007 28 November 2007
Slide 2: Experienced Board and Management
Experienced Board and Management Ian Burston—Chairman and Non-executive Director Highly experienced and well credentialed resource industry leader. Former positions as MD of Portman Limited, MD and CEO of Aurora Gold Ltd, CEO of Kalgoorlie Consolidated Gold Mines Pty Ltd, Vice President – WA Bus
Slide 3: Management team profiles
Julian Pemberton—Chief Operating Officer Years experience: 18 Years at NRW: 10 Initially worked on site before progressing into the sales and hire area Appointed Operations Manager, then General Manager in 2000 prior to his current role John Silverthorne—Managing Director, Civil & Mining Years e
Slide 4: Strong share register
Strong share register Top 10 Shareholders 1. Stark NRWHPL Holding Limited 11.54% 2. J P Morgan Nominees Australia Limited 9.44% 3. Jeffery William McGlinn <The Mystica Trust A/C> 9.03% 4. National Nominees Limited 8.60% 5. Nicholas John Ross Silverthorne + Maureen Kaye Silverthorne <Silver
Slide 5: Share performance since listing
Share performance since listing 3.60 3.40 3.20 3.00 NWH Share price ($) 2.80 2.60 S&P/ASX200 2.40 (rebased) 2.20 2.00 5-Sep-07 1-Oct-07 1-Nov-07 27-Nov-07 5
Slide 6: Business overview
Business overview 6
Slide 7: Diversified business
Diversified business Complementary and diversified service offering to the resources sector Civil Contracting Mining Services Provides construction Provides wide range of Provides rental and Provides equipment services including rail contracting services sale of new and used, repairs, sand blasting
Slide 8: Civil Contracting
Civil Contracting Civil projects Description FMG Rail - Construction of approximately 105 km of rail formations between Existing Contracts Cloud Break Mine and Port Hedland including drill and blast and culvert installation FMG Camps - Bulk earthworks for two existing accommodation camps and fou
Slide 9: Civil Contracting - New contracts
Civil Contracting Civil projects – New contracts Description New contracts recently RTIO Brockman Syncline No 4 Project – Bulk earthworks, roadworks and commenced drainage, fencing and 96 man Camp facility. Hamersley HMS Hope Downs 1 Stage 2 - Bulk earthworks, site roads and Rom pad. 9
Slide 10: Mining Services
Mining Services Mining Services projects Project name Description Tom Price Mining Excavation, haulage and waste dump management Rio Tinto services In-pit works including pre development pit establishment, waste prestripping, waste cutback and remnant ore mining Tiwi Islands Matilda Minerals E
Slide 11: Mining Services - Simandou, Guinea West Africa
Mining Services Simandou, Guinea West Africa 11
Slide 12: Mining Services - Pic du Fon - Simandou
Mining Services Pic du Fon - Simandou 12
Slide 13: Promac - Updates
Promac - Updates Promac Tyre Sales Promac has appointed distributors for the Patron Saint (bias ply) and Amberstone (radial) OTR tyres in NSW and VIC and is currently in negotiations with major retail outlets for the remainder of Australia. Promac - New products Promac has the exclusive Australi
Slide 14: Action Mining - Updates
Action Mining- Updates Established in 1986 and located in Hazelmere, NRW completed the purchase of AMS in April 2007 One of the largest repair and maintenance providers in Australia that is not affiliated with an original manufacturer Production of Service and Water trucks has doubled since NR
Slide 15: People and Safety
People and Safety 15
Slide 16: Senior management
Senior management Chief Executive Officer Jeffery McGlinn Year experience: 27 Managing Director, NRW Civil and Mining John Silverthorne Years experience: 28 Chief Operating Officer Julian Pemberton Years experience: 18 Managing Director, Chief Financial Managing Director, Company Secretary NRW Maint
Slide 17: People and safety
People and safety 1,500 1,441 5.0 NRW employs 661 staff together with 3.9 1,200 4.0 a significant number of contractors 3.6 LTIFR will reduce from 2.1 down to 0 Man Hours ('000) (calculated over 1million man hours) from 900 3.0 the end of November 2007 822 LTIFR 2.1 2.1 Active indigenous emplo
Slide 18: Growth opportunities
Growth opportunities 18
Slide 19: Strong industry growth
Strong industry growth Iron ore sector Strong demand for civil and mining contractors, mining equipment and maintenance services Analysts have increased their expectations for iron ore prices, Now forecasting an increase of between 25-50% next year Key clients have announced production increases
Slide 20: Growth opportunities
Growth opportunities Civil and Mining Participate in continued rapid growth in production of WA iron ore Service expansion Whole of mine operation Geographic expansion NRW has contracts on the Tiwi Islands and at ERA’s Ranger Uranium mine in NT Low risk offshore expansion with key client
Slide 21: Financial summary
Financial summary 21
Slide 22: Track record of growth
Track record of growth Revenue EBITDA EBIT 500.0 100.0 440.4 75.0 85.4 64.2 CAGR: 93% 400.0 CAGR: 79% CAGR: 115% 75.0 277.6 50.0 300.0 A$m A$m A$m 50.0 45.2 33.6 186.2 200.0 31.8 25.0 25.0 25.0 100.0 76.7 11.9 6.5 0.0 0.0 0.0 FY2005A FY2006A FY2007A FY2008F FY2005A FY2006A FY2007A FY2008F FY2005A FY
Slide 23: Why NRW?
Why NRW? Leading provider of services to the resources sector Complementary and diversified service offering Long term relationships with blue chip clients Detailed reporting systems Significant growth opportunities Exposure to growth in WA iron ore production Geographic expansion Increa
Slide 24: Contact Details
Contact Details Julian Pemberton Chief Operating Officer Phone: 08 9358 5510 Fax: 08 9358 5515 www.nrw.com.au 24