Fortescue Ltd · ASX:FMG
Fortescue — Fortescue Metals Group — Q3 FY2009 Earnings Presentation
6 slides from Fortescue's earnings presentation, Apr 29, 2009
Slide 1: Results Presentation 3Q FY09
For personal use only Results Presentation 3Q FY09
Slide 2: Key information
Key y information For personal use only Q4 FY09 FY09 Q1 FY091 Q2 FY091 Q3 FY09 Mt Mt Mt / US$/t Mt / US$/t Mt / US$/t Forecast Forecast Tonnes Mined 2 7.099 8.463 6.545 ~7.800 ~ 30.000 Tonnes Processed 2 6.682 6.112 6.455 ~7.000 ~ 26.000 Tonnes Shipped 2 6.881 6.280 6.167 ~7.000 ~ 26.000 Actual USD
Slide 3: Key financial figures: Income Statement
Key y financial figures g For personal use only 9mths Income Statement Q1 FY091 Q2 FY091 Q3 FY09 FY09 US$ US$m US$ US$m US$ US$m US$m Revenue 532 482 381 1,395 EBITDA 252 243 121 616 Shipping Profit / (Loss) (1) (50) (46) (97) EBITDA, Incl. shipping 251 193 75 519 EBIT 241 183 63 487 Q3 Margin impac
Slide 4: Key financial figures: Cashflow Statement
Key y financial figures g For personal use only 9mths Cashflow Statement Q1 FY091 Q2 FY091 Q3 FY09 FY09 US$m US$m US$m US$m EBITDA, Incl. shipping 251 193 75 519 Capex (157) (302) (118) (577) Financing 308 (57) 1 252 Other (timing diffs) (103) 39 (72) (136) Net increase / (decrease) 299 (127) (114)
Slide 5: Liquidity
Liquidity q y For personal use only 30 Jun 081 30 Sep 081 31 Dec 081 31 Mar 09 US$m US$m US$m US$m Cash at Bank 133 432 305 191 Security Deposits 62 67 53 51 Cash at Bank & Security Deposits 195 499 358 242 Cash supplemented by US$450m equity issue in April 2009 1 AUD converted to USD at 0.6928
Slide 6: Debt maturity
Debt maturity y For personal use only Senior Secured Notes 1,200 US$ face 54.0 / paid 38.3 US$ 1,026m 1,000 800 600 EUR face 16.2 / paid 10.1 US$ face 2.5 / paid 1.8 400 EUR$ 299m US$ 318m US$ 250m 200 0 2009 2010 2011 2012 2013 2014 2015 2016 Long term repayment profile
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