Bhp Group Ltd · ASX:BHP
Bhp — BHP Billiton — Shareholder Meeting (October 2016)
39 slides from Bhp's shareholder meeting presentation, Oct 21, 2016
Slide 1: BHP Billiton Plc Annual General Meeting 2016
For personal use only BHP Billiton Plc Annual General Meeting 2016
Slide 2: Disclaimer
Disclaimer For personal use only Forward-looking statements This presentation contains forward-looking statements, which may include statements regarding: trends in commodity prices and currency exchange rates; demand for commodities; plans, strategies and objectives of management; closure or divest
Slide 3: Chairman Jac Nasser
For personal use only Chairman Jac Nasser
Slide 4: Your Board
Your Board For personal use only Jac Nasser Andrew Mackenzie Malcolm Brinded Malcolm Broomhead Pat Davies Anita Frew Carolyn Hewson Ken MacKenzie Lindsay Maxsted Wayne Murdy John Schubert Shriti Vadera BHP Billiton Plc Annual General Meeting 20 October 2016 4
Slide 5: For personal use only
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Slide 6: Samarco
Samarco For personal use only BHP Billiton Plc Annual General Meeting 20 October 2016 6
Slide 7: Samarco
Samarco For personal use only BHP Billiton Plc Annual General Meeting 20 October 2016 7
Slide 8: Delivering on our commitments
Delivering on our commitments For personal use only External investigation Published the findings Shared with other resource companies Non-operated minerals joint ventures Reviewed the governance structures Centralised responsibilities Designing a new global standard Tailings Dams Reviewed and confi
Slide 9: Solid performance in a challenging year
Solid performance in a challenging year For personal use only Cost Unit cash costs across the Group down 16% from FY151 Financial Underlying EBITDA of US$12.3 billion; Underlying EBITDA margin of 41% results Underlying attributable profit of US$1.2 billion; Attributable loss of US$6.4 billion Cash N
Slide 10: Escondida, Chile
For personal use only Escondida, Chile
Slide 11: FY2016 dividend per share
FY2016 dividend per share 1 21.7 pence per share total dividend determined in FY2016 (British pence per share) For personal use only 25.0 20.0 15.0 12.8 10.0 4.5 8.3 5.0 8.9 6.1 2.8 0.0 H1 FY2016 H2 FY2016 FY2016 Minimum 50% payout Additional amount 1. In line with capital allocation framework. BHP
Slide 12: Addressing climate change risk
Addressing climate change risk For personal use only BHP Billiton Plc Annual General Meeting 20 October 2016 12
Slide 13: Our actions
Our actions For personal use only Our strategy for climate change does not stop at portfolio analysis • We are reducing our emissions • We are enhancing the resilience of our operations 1 Great Barrier Reef • We are working to accelerate the deployment of 2 Foundation Lakeland Solar and Storage low
Slide 14: Your Board
Your Board For personal use only Jac Nasser Andrew Mackenzie Malcolm Brinded Malcolm Broomhead Pat Davies Anita Frew Carolyn Hewson Ken MacKenzie Lindsay Maxsted Wayne Murdy John Schubert Shriti Vadera BHP Billiton Plc Annual General Meeting 20 October 2016 14
Slide 15: Newman, Western Australia
For personal use only Newman, Western Australia
Slide 16: Ken MacKenzie
Ken MacKenzie For personal use only BHP Billiton Plc Annual General Meeting 20 October 2016 16
Slide 17: John Schubert
John Schubert For personal use only BHP Billiton Plc Annual General Meeting 20 October 2016 17
Slide 18: For personal use only
For personal use only
Slide 19: Shenzi, Gulf of Mexico
For personal use only Shenzi, Gulf of Mexico 19
Slide 20: Macedon, Western Australia
For personal use only Macedon, Western Australia 20
Slide 21: Chairman Jac Nasser
For personal use only Chairman Jac Nasser
Slide 22: BHP Billiton Plc Annual General Meeting 2016
For personal use only BHP Billiton Plc Annual General Meeting 2016
Slide 23: Andrew Mackenzie, Chief Executive Officer
For personal use only Andrew Mackenzie Chief Executive Officer
Slide 24: Executive Leadership Team present today
Executive Leadership Team present today For personal use only Athalie Williams Dean Dalla Valle Diane Jurgens Chief People Officer Chief Commercial Officer Chief Technology Officer Geoff Healy Laura Tyler Peter Beaven Chief External Affairs Officer Chief of Staff, Head of Geoscience Chief Financial
Slide 25: Olympic Dam, South Australia
For personal use only Olympic Dam, South Australia
Slide 26: Samarco
Samarco For personal use only BHP Billiton Plc Annual General Meeting 20 October 2016 26
Slide 27: Everyone goes home safe
Everyone goes home safe For personal use only Total Recordable Injury Frequency at operated sites (number of recordable injuries per million hours worked1,2) FY12 FY13 FY14 FY15 FY16 4.3 0 2 4 6 1. Includes data for continuing and discontinued operations for the financial years being reported. 2. In
Slide 28: FY2016 Financial performance
FY2016 Financial performance Underlying EBITDA margin1 For personal use only Attributable (loss)/profit 41 per cent US$(6.4) billion Iron Ore Coal Petroleum Copper 1. Excludes third party trading activities. BHP Billiton Plc Annual General Meeting 20 October 2016 28
Slide 29: Further productivity and reduced unit costs in FY2016
Further productivity and reduced unit costs in FY2016 For personal use only Productivity gains Overall cost reduction US$437 million 16 per cent 1 Iron Ore Coal Petroleum Copper Western Australia Iron Record production at Drilling times improved Olympic Dam produced Ore record production five out of
Slide 30: Additional low-cost capacity
Additional low-cost capacity For personal use only Los Colorados New Jimblebar Extension capacity by approved December Spence Olympic Dam Recovery on track for Optimisation 230 ktpa by ramping up 2021 Queensland Launched gas Coal increased hedging plant and program to equipment monetise utilisation
Slide 31: New Operating Model
New Operating Model For personal use only Core operated Non-operated Additional Australia Minerals WA Iron Ore Queensland NSW Energy Olympic Nickel West Coal Coal Dam Americas Minerals Escondida Pampa Norte Jansen Antamina Cerrejón Samarco New Mexico Coal Petroleum Onshore US Conventional Atlantis M
Slide 32: Capital allocation framework
Capital allocation framework For personal use only Maintain safe and stable operations Maintain balance sheet strength through the cycle Pay shareholders a minimum of 50% of Underlying attributable profit as dividends Direct surplus cash to maximise value and returns Direct surplus cash to maximise
Slide 33: Future value
Future value For personal use only Increase volume by up to 4% (excluding shale)1 Deliver a further US$1.8 billion in productivity gains1 Invest US$5.4 billion in capital and exploration expenditure1 Increase free cash flow from assets 1. Forecast FY2017. BHP Billiton Plc Annual General Meeting 20 O
Slide 34: Nelson Point, Western Australia
For personal use only Nelson Point, Western Australia
Slide 35: Inclusion and diversity is part of Our Charter
Inclusion and diversity is part of Our Charter For personal use only We are successful when: Our teams are inclusive and diverse. BHP Billiton Plc Annual General Meeting 20 October 2016 35
Slide 36: Total economic contribution
Total economic contribution For personal use only 1 3 2 1. Community contribution includes cash and administrative costs (US$123.7 million) and funds transferred to BHP Billiton Foundation (US$55 million). Includes payments made by equity accounted investments. 2. The total economic contribution mad
Slide 37: Discover our view of the world
For personal use only Discover our view of the world Read Prospects, BHP Billiton’s new blog >
Slide 38: For personal use only
For personal use only
Slide 39: For personal use only
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