Slide 1: Full year results presentation (ASX cover letter)
Aurizon Holdings Limited ABN 14 146 335 622 For personal use only ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000 BY ELECTRONIC LODGEMENT 8 August 2022 Full year results presentation Attached is Aurizon Holding Limited’s full year results presentation for release to the market.
Slide 2: FY2022 Results
For personal use only FY2022 Results 8 August 2022 Picture: First One Rail Bulk locomotive with Aurizon livery
Slide 3: Disclaimer
FY2022 RESULTS Disclaimer For personal use only NO RELIANCE ON THIS DOCUMENT INFORMATION ON ONE RAIL AND EAST COAST RAIL This document was prepared by Aurizon Holdings Limited (ACN 146 335 622) (referred to as “Aurizon” which includes its related The information on One Rail and East Coast Rail (and
Slide 4: Safety performance
FY2022 RESULTS Safety performance Improvement in TRIFR and Rail Process Safety. Deterioration in LTIFR and flat result in SIFRa+p For personal use only TOTAL RECORDABLE INJURY FREQUENCY RATE (TRIFR)1 AND LOST RAIL PROCESS SAFETY (RPS)2 AND POTENTIAL SERIOUS INJURY TIME INJURY FREQUENCY RATE (LTIFR)
Slide 5: Performance overview
For personal use only Performance overview Andrew Harding Managing Director & CEO Picture: Aurizon Port Services Newcastle
Slide 6: FY2022 Results
FY2022 RESULTS PERFORMANCE OVERVIEW FY2022 Results1 Resilient performance with EBITDA within guidance and free cashflow 13% higher despite lower volumes. For personal use only Acquisition of One Rail provides platform for future Bulk growth EBITDA EARNINGS PER SHARE ROIC FREE CASHFLOW $1,468m 28.5c
Slide 7: Commodity markets update
FY2022 RESULTS PERFORMANCE OVERVIEW Commodity markets update Despite record thermal and coking coal prices, Australian coal export volumes were lower in FY2022. For personal use only Record grain export volume expected for 2021-22 season and elevated export volumes for 2022-23 AUSTRALIAN TOTAL COAL
Slide 8: Increased grain haulage
FY2022 RESULTS PERFORMANCE OVERVIEW Increased grain haulage The record size of the 2021-22 CBH grain harvest means that rail haulage from the season will For personal use only continue into FY2023 AUSTRALIA: SELECTED GRAIN EXPORT VOLUME1 CBH: HARVEST VOLUME2 › Record CBH harvest with 21 million tonn
Slide 9: Business Unit highlights
FY2022 RESULTS PERFORMANCE OVERVIEW Business Unit highlights For personal use only COAL BULK NETWORK Moderate EBITDA growth despite 4% reduction in EBITDA impacted by lower iron ore volumes and Reduced earnings due to lower GAPE revenue volumes due to improved revenue quality and cost ~$10m for weat
Slide 10: Other matters
FY2022 RESULTS PERFORMANCE OVERVIEW Other matters For personal use only ATO DECLARATORY RELIEF PROCEEDINGS › Prior to 2010 IPO: Queensland Government made an equity contribution to Aurizon of $4.4 billion. Over the last two years, Aurizon has engaged with the Australian Taxation Office (ATO) in re
Slide 11: One Rail acquisition completed
FY2022 RESULTS PERFORMANCE OVERVIEW One Rail acquisition completed Acquisition fundamentals remain despite increased funding costs. Bulk has a near-term target of For personal use only ~$100mpa1 EBITDA to subsequently build upon Highlights ◼◼◼◼◼ Darwin ◼ Katherine Increased Projected to Increases ex
Slide 12: Financial Performance
For personal use only Financial Performance George Lippiatt CFO & Group Executive Strategy Picture: Cloncurry, Qld
Slide 13: Key financial results
FY2022 RESULTS FINANCIAL PERFORMANCE Key financial results1 EBITDA within guidance, EPS in-line with prior year and free cashflow 13% up despite lower volumes. For personal use only Dividend payout ratio lowered to 75% to support One Rail acquisition and credit rating $m FY2022 FY2021 Variance › Gro
Slide 14: Coal
FY2022 RESULTS FINANCIAL PERFORMANCE Coal Earnings higher despite lower volumes with improved revenue quality and cost management For personal use only Revenue $m FY2022 FY2021 Variance › Volumes lower due to contract cessations (Moolarben and New Acland in Dec 2021), adverse weather and customer sp
Slide 15: Bulk
FY2022 RESULTS FINANCIAL PERFORMANCE Bulk Results impacted by lower iron ore volumes and ~$10m of one-off impacts, partly offset by For personal use only growth from new contracts Revenue $m FY2022 FY2021 Variance › Commencement of the CBH and Tronox contracts part way through the year Revenue 691 6
Slide 16: Network
FY2022 RESULTS FINANCIAL PERFORMANCE Network Reduced earnings due to lower WIRP historical revenue and the reset of the GAPE risk free rate For personal use only Revenue $m FY2022 FY2021 Variance › All WIRP fee disputes now settled with $47m recognised this year (including $30m of historical fees) c
Slide 17: Free Cash Flow and capex
FY2022 RESULTS FINANCIAL PERFORMANCE Free Cash Flow and capex Strong and stable free cash flow despite lower volumes For personal use only FREE CASH FLOW ($M) | COAL VOLUME includes discontinued operations › Capital expenditure for FY2022 below guidance Cash Flow Coal Volume › Non-growth capital exp
Slide 18: Funding update
FY2022 RESULTS FINANCIAL PERFORMANCE Funding update Credit profile improved with ratings agencies lowering thresholds post One Rail announcement. For personal use only Debt markets supportive with successful syndication commitments FY2022 FUNDING ACTIVITY KEY DEBT METRICS1 FY2022 FY2021 Aurizon Netw
Slide 19: Market Developments
FY2022 RESULTS FINANCIAL PERFORMANCE Market Developments Aurizon has protections from increasing inflation and interest rates with revenue escalation For personal use only mechanisms and Network hedging in FY2023 Inflation Interest Rates: June 2022 CPI1: +6.1% 4-year Risk Free Rate: 3.47%, +1.57ppts
Slide 20: One Rail transaction update
FY2022 RESULTS FINANCIAL PERFORMANCE One Rail transaction update Post completion, focus turns to Bulk integration and divestment of East Coast Rail For personal use only › Acquisition completed 29 July 2022 1 Completion › Integration of Bulk business underway › East Coast Rail to be held separately
Slide 21: East Coast Rail
FY2022 RESULTS FINANCIAL PERFORMANCE East Coast Rail Progress made operationally and structurally in advance of divestment For personal use only OPERATIONAL UPDATE REVENUE (A$m)1 › Second consist operating in Queensland since June 227 › Contract rates updated from 1 July to reflect ~4% escalation 19
Slide 22: Outlook & Key Takeaways
For personal use only Outlook & Key Takeaways Andrew Harding Managing Director & CEO Picture: Tronox service NSW
Slide 23: FY2023 outlook
FY2022 RESULTS OUTLOOK & KEY TAKEAWAYS FY2023 outlook EBITDA guidance of $1,470m - $1,550m including One Rail Bulk For personal use only FY2023 (including 11 months contribution from One Rail Bulk): › Group underlying EBITDA guidance $1,470m – $1,550m (includes impact from wet weather in July) › Gro
Slide 24: Aurizon's value creation record
FY2022 RESULTS OUTLOOK & KEY TAKEAWAYS Aurizon's value creation record Cashflows remain stable and the focus on transformation continues For personal use only HIGHLIGHTS ✓ Negotiated and executed UT5 ✓ De-risked the Coal contract book ✓ Executed Bulk turnaround and delivered growth ✓ Strong sharehol
Slide 25: For personal use only
i i m) | . | 19 suRizon eh. See ae P : —————— pe nN il - x i a4 hi 4 2 AURIZON. v
Slide 26: For personal use only
Chris Vagg James Coe Head of Investor Relations & Group Treasurer Manager Market Intelligence & Investor Relations +61 7 3019 9030 +61 7 3019 7526 For personal use only Chris.Vagg@aurizon.com.au James.Coe@aurizon.com.au ASX: AZJ 25
Slide 27: Additional Information: ESG
For personal use only Additional Information: ESG Aurizon Port Services Townsville
Slide 28: Our ESG contribution
FY2022 RESULTS ADDITIONAL INFORMATION Our Environmental, Social and Governance (ESG) contribution Aurizon continues to build a stronger and sustainable business For personal use only NET-ZERO COMMITMENT BY 2050… …WHILE WE SUPPORT OUR REGIONS AND …AND LEAD THROUGH TRANSPARENT COMMUNITIES… GOVERNANCE
Slide 29: Climate Strategy and Action Plan
FY2022 RESULTS ADDITIONAL INFORMATION Climate Strategy and Action Plan Aurizon is committed to a long-term target of net-zero operational emissions (scope 1 and 2) For personal use only by 2050 Net-zero operational emissions by 2050 We will continue to assess and enhance our processes for Achieving
Slide 30: Australian Export Demand – Commodities
FY2022 RESULTS ADDITIONAL INFORMATION Australian Export Demand – Commodities Australia export commodities are driven by steel-intensive growth and thermal electricity For personal use only generation in Asia, in addition to new economy markets and food consumption COAL BULK › Metallurgical coal (or
Slide 31: Global & Australia Coal Summary
FY2022 RESULTS ADDITIONAL INFORMATION Global & Australia Coal Summary For personal use only Global Australia Thermal (Steam) Coal Metallurgical (Coking) Coal Production2 Coal Export Volume3 Total Coal Export (By Destination)3 FY2022 Export Revenue3 Production1 CY2021 Coal Production1 CY2021 CY2021 F
Slide 32: Coal markets
FY2022 RESULTS ADDITIONAL INFORMATION Coal markets Significant price escalation during FY2022 driven by Russian trade sanctions and weather For personal use only disruptions in Australia COAL PRICES1 AUSTRALIA: COAL CAPITAL EXPENDITURE2 $700 A$2.5b +3% A$2.0b $600 A$1.5b A$1.0b $500 A$0.5b A$0.0b $4
Slide 33: Coal markets
FY2022 RESULTS ADDITIONAL INFORMATION Coal markets The metallurgical coal-dependent method of steel production is over two-thirds of global steel For personal use only production. Thermal coal market is dominated by Asian trade, backed by young generation fleet GLOBAL CRUDE STEEL PRODUCTION | BLAST
Slide 34: Bulk markets
FY2022 RESULTS ADDITIONAL INFORMATION Bulk markets Demand growth for bulk commodities will be led by the transition to clean energy technologies For personal use only and rising food consumption in developing nations MINERAL DEMAND FROM CLEAN ENERGY TECHNOLOGIES1 FOOD CONSUMPTION: CALORIES PER CAPIT
Slide 35: Bulk – Australia Capital & Exploration Expenditure
FY2022 RESULTS ADDITIONAL INFORMATION Bulk – Australia Capital & Exploration Expenditure For personal use only CAPITAL EXPENDITURE: METAL ORE MINING1 EXPLORATION EXPENDITURE: IRON ORE2 +10% A$6.0b A$200m +38% A$150m A$4.0b A$100m A$2.0b A$50m A$0.0b A$0m Mar- Sep- Mar- Sep- Mar- Sep- Mar- Sep- Mar-
Slide 36: Additional Information: Group
For personal use only Additional Information: Group Picture: Aurizon Port Services Newcastle
Slide 37: Overview
FY2022 RESULTS ADDITIONAL INFORMATION Overview Aurizon is Australia's largest rail-based transport business with broad commodity exposure For personal use only across above and below rail services, and port terminals Below Rail Network ▪ Operation of the Central Queensland Coal Network (2,670km), cr
Slide 38: Strategic objectives
FY2022 RESULTS ADDITIONAL INFORMATION Strategic objectives Resilient Network and Coal businesses supporting Bulk growth and shareholder returns For personal use only Evolving mix reduces thermal coal exposure Resilient Network and Outcome from achieving Growing bulk business Coal businesses Bulk asp
Slide 39: Purpose, Vision, Values and Strategic Levers
FY2022 RESULTS ADDITIONAL INFORMATION Purpose, Vision, Values and Strategic Levers For personal use only 38
Slide 40: Prioritisation of capital
FY2022 RESULTS ADDITIONAL INFORMATION Prioritisation of capital For personal use only CAPITAL ALLOCATION HIERARCHY 1 2 3 4 DETERMINE AVAILABLE NON GROWTH CAPITAL DIVIDENDS SURPLUS CAPITAL CAPITAL › Ongoing operating cashflows › Sustaining and transformation › Within 70-100% payout ratio › Capital ma
Slide 41: Above Rail volumes
FY2022 RESULTS ADDITIONAL INFORMATION Above Rail volumes For personal use only Quarter Ending Financial Year Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Variance1 FY2021 FY2022 Variance1 Coal volumes (million tonnes) CQCN 37.0 36.9 33.4 34.3 36.5 (1%) 143.7 141.1 (2%) NSW & SEQ 14.7 14.5 13.9 11.2 13.4 (9%)
Slide 42: Enterprise Agreements
FY2022 RESULTS ADDITIONAL INFORMATION Enterprise Agreements For personal use only # Staff Headline Increases Term Enterprise Agreement Covered Expiry Date Status (years) Year 1 Year 2 Year 3 Year 4 (approx.) WA Rail Operations 450 4 30 June 2022 1.50% 2.0% 2.0% 2.25% Bargaining Traincrew & Transport
Slide 43: Underlying group EBITDA bridge
FY2022 RESULTS ADDITIONAL INFORMATION Underlying group EBITDA bridge1 ($m) For personal use only 1,482 8 10 1,468 48 35 FY2021 Coal Bulk Network Other FY2022 1. Continuing operations 42 Note: Due to rounding, the sum of components may not equal the corresponding total
Slide 44: Underlying EBITDA by business unit
FY2022 RESULTS ADDITIONAL INFORMATION Underlying EBITDA1 by business unit ($m) For personal use only FY2022 FY2021 Variance Coal 541.2 533.3 1% Bulk 130.1 139.9 (7%) Network 801.3 848.8 (6%) Other (5.0) (39.8) 87% EBITDA 1,467.6 1,482.2 (1%) 43 1. Continuing operations
Slide 45: Balance sheet summary
FY2022 RESULTS ADDITIONAL INFORMATION Balance sheet summary ($m) For personal use only 30 June 2022 30 June 2021 Assets classified as held for sale 0.1 5.0 Other current assets 860.1 806.9 Total current assets 860.2 811.9 Property, plant and equipment (PP&E) 8,406.8 8,445.3 Other non-current assets
Slide 46: Reconciliation of borrowings
FY2022 RESULTS ADDITIONAL INFORMATION Reconciliation of borrowings For personal use only $m Commentary Total debt including working capital facility 3,445.8 Borrowings on a cash basis Reconciliation to Financial Statements Add/(less): Capitalised transaction costs (7.0) Discounts on medium term note
Slide 47: Significant adjustments
FY2022 RESULTS ADDITIONAL INFORMATION Significant adjustments ($m) For personal use only FY2022 FY2021 Continuing operations – Net gain on sale of shares in Aquila (before tax)1 - 8.2 One Rail acquisition costs2 (14.2) 1. Net of tax is $73.5m 46 2. Net of tax is ($11.9m)
Slide 48: Dividend history
FY2022 RESULTS ADDITIONAL INFORMATION Dividend history For personal use only 35.0c 100% 90% 30.0c 28.8 27.1 27.4 80% 25.0c 24.6 24.0 23.8 70% Amount (Cents) Per Share 22.5 21.4 14.4 60% Payout Ratio1 20.0c 13.1 13.7 13.3 8.9 12.4 50% 16.5 13.9 10.9 15.0c 40% 12.3 8.5 10.0c 30% 8.3 8.2 13.6 14.0 13.7
Slide 49: Additional Information: Coal
For personal use only Additional Information: Coal Picture: Unveiling of locomotive artwork during NAIDOC Week 2020, a design the features sacred sites from the local area, created by local Indigenous artist John Robinson
Slide 50: Coal Operations
FY2022 RESULTS ADDITIONAL INFORMATION Coal Operations For personal use only Note: Includes all mines in the CQCN 49
Slide 51: Coal Operations
FY2022 RESULTS ADDITIONAL INFORMATION Coal Operations For personal use only SOUTH EAST QUEENSLAND / NEW SOUTH WALES 50
Slide 52: Coal operating metrics
FY2022 RESULTS ADDITIONAL INFORMATION Coal operating metrics For personal use only FY2022 FY2021 Variance Total tonnes hauled (m) 194.0 202.1 (4%) Contract utilisation 84% 83% 1ppt Total NTK (bn) 45.2 47.1 (4%) Average haul length (km) 233 233 - Total revenue / NTK ($/’000 NTK) 34.5 34.2 1% Above Ra
Slide 53: Coal haulage tonnes (mt) by system
FY2022 RESULTS ADDITIONAL INFORMATION Coal haulage tonnes (mt) by system For personal use only FY2022 FY2021 Variance CQCN Newlands 17.8 18.2 (2%) Goonyella 61.5 60.3 2% Blackwater 49.5 52.3 (5%) Moura 12.3 12.9 (5%) Total CQCN 141.1 143.7 (2%) NSW & SEQ West Moreton 2.7 4.1 (34%) Hunter Valley 50.2
Slide 54: Coal contract portfolio
FY2022 RESULTS ADDITIONAL INFORMATION Coal contract portfolio For personal use only AURIZON COAL CONTRACT VOLUME EXPIRY BY YEAR1 COAL CONTRACT PORTFOLIO EXPIRY1 AS AT 30 JUNE 2022 AS AT 30 JUNE 2022 75 6% 0-3 years 37% 3-7 years 60 7+ years Million tonnes per annum (Mtpa) 57% 45 30 FORECAST COAL CON
Slide 55: Additional Information: Bulk
For personal use only Additional Information: Bulk Picture: Loading containers at Cloncurry depot Qld
Slide 56: Bulk operations
FY2022 RESULTS ADDITIONAL INFORMATION Bulk operations For personal use only 55
Slide 57: Bulk operations: Queensland
FY2022 RESULTS ADDITIONAL INFORMATION Bulk operations: Queensland For personal use only 56
Slide 58: Bulk operations: New South Wales
FY2022 RESULTS ADDITIONAL INFORMATION Bulk operations: New South Wales For personal use only 57
Slide 59: Bulk operations: South Australia and Northern Territory
FY2022 RESULTS ADDITIONAL INFORMATION Bulk operations: South Australia and Northern Territory For personal use only 58
Slide 60: Bulk operations: Western Australia
FY2022 RESULTS ADDITIONAL INFORMATION Bulk operations: Western Australia For personal use only 59
Slide 61: Aurizon Port Services
FY2022 RESULTS ADDITIONAL INFORMATION Aurizon Port Services For personal use only Townsville Newcastle Infrastructure: Hardstand upgrade completed with capacity for 1,200 Simplicity: Simple operating and labour model that is scalable (currently containers (100% increase in capacity) and development
Slide 62: Additional Information: Network
For personal use only Additional Information: Network Picture: Central Queensland Coal Network
Slide 63: Network Operations
FY2022 RESULTS ADDITIONAL INFORMATION Network Operations For personal use only 62
Slide 64: Network financial and operating metrics
FY2022 RESULTS ADDITIONAL INFORMATION Network financial and operating metrics For personal use only $m FY2022 FY2021 Variance Tonnes (m) 206.5 208.3 (1%) NTK (bn) 51.9 52.4 (1%) Operating Ratio 61.7% 58.4% (3.3ppt) Maintenance/NTK ($/’000 NTK) 2.6 2.4 (8%) Opex/NTK ($/’000 NTK) 14.2 13.7 (4%) Cycle
Slide 65: Network volumes: All rail operators
FY2022 RESULTS ADDITIONAL INFORMATION Network volumes: All rail operators For personal use only FY2022 FY2021 Variance Newlands 13.9 10.7 31% Goonyella 105.6 103.4 2% Blackwater 58.3 61.5 (5%) Moura 12.0 12.7 (6%) GAPE 16.8 20.0 (16%) Total (mt) 206.5 208.3 (1%) 64 Note: Due to rounding, the sum of
Slide 66: Network FY2022 Access Revenue movement
FY2022 RESULTS ADDITIONAL INFORMATION Network FY2022 Access Revenue movement For personal use only $m Decrease in MAR from FY2021 to FY2022 (16.1) Volume under-recovery for FY2022 (39.0) Volume under-recovery for FY2021 (reversal of FY2021 impact) 34.6 FY2020 Revenue Cap amounts (recovery from Acces
Slide 67: Network adjusted MAR bridge – Approved UT5 Undertaking
FY2022 RESULTS ADDITIONAL INFORMATION Network adjusted MAR bridge – Approved UT5 Undertaking For personal use only INDICATIVE NETWORK ADJUSTED MAXIMUM ALLOWABLE REVENUE (MAR)1 FY2020 – FY2023 ($M) ~967 7 18 7 11 5 27 39 13 35 35 23 10 5 1 1 914 39 ~911 27 ~896 FY20 FY20 MAR FY18 & FY18 MAR FY21 MAR
Slide 68: Network Revenue Adjustment Amounts (revenue cap)
FY2022 RESULTS ADDITIONAL INFORMATION Network Revenue Adjustment Amounts (revenue cap) For personal use only › Revenue adjustment amounts (RAA) are the Total Total difference by system between Aurizon’s Total AT2-4 AT5 Financial Year (inc-GAPE) (ex-GAPE) Actual AT2-5 Revenue and Allowable AT2-5 $m $
Slide 69: Reconciliation of billed MAR to reported access revenue
FY2022 RESULTS ADDITIONAL INFORMATION Reconciliation of billed MAR to reported access revenue For personal use only FY2022 FY2021 FY2020 $m Actual Actual Actual Billed Access Revenue (AT1 to AT5) (ex. GAPE) 891 911 927 Approved Adjustments to MAR Revenue Cap (ex. GAPE and inclusive of capitalised in
Slide 70: UT5 WACC Reset Timeline
FY2022 RESULTS ADDITIONAL INFORMATION UT5 WACC Reset Timeline Preliminary Reset WACC to inform FY2024 Tariffs with a Revenue Cap True up in FY2026 to For personal use only reflect market based parameters in June 2023 UT5 WACC RESET PROCESS 12 November 2021 1 July 2023 30 June 2027 1 July 2024 1 July
Slide 71: WACC History
FY2022 RESULTS ADDITIONAL INFORMATION WACC History For personal use only 9.96% 8.68% 8.43% 8.18% 7.17% 6.30% 5.70% 5.90% UT1 UT2 UT3 UT4 UT5 UT5 UT5 UT5: Preliminary 2017-2019 2019-2021 2021-2023 WACC FY20241 70 1. Preliminary WACC Reset submitted to QCA (July 2022), based on market parameters in Ju
Slide 72: UT5 Undertaking: Revenue Protection Mechanisms
FY2022 RESULTS ADDITIONAL INFORMATION UT5 Undertaking Revenue Protection Mechanisms For personal use only The Maximum Allowable Revenue (MAR) is the total revenue Aurizon INDICATIVE SYSTEM REVENUE PROTECTION MECHANISM Network is permitted to earn each year, determined in accordance with the Regulato
Slide 73: UT5 Undertaking: Regulatory Asset Base (RAB)
FY2022 RESULTS ADDITIONAL INFORMATION UT5 Undertaking Regulatory Asset Base (RAB) For personal use only ELEMENT DETAIL Rollforward RAB › This represents the value of Network assets for regulatory purposes › Each year Network rolls forward the RAB adjusting for indexation, depreciation, disposals, tr
Slide 74: UT5 Undertaking: Building Blocks
FY2022 RESULTS ADDITIONAL INFORMATION UT5 Undertaking Building Blocks For personal use only BUILDING BLOCK DETAIL Return on capital (WACC) › 5.70% from 1 July 2017 to 2 May 2019 › 5.90% from 3 May 2019 to 12 November 2021 (Report Date) › 6.30% from Report Date to 30 June 2023 › WACC reset at 1 July
Slide 75: UT5 Undertaking: Rebate Mechanism
FY2022 RESULTS ADDITIONAL INFORMATION UT5 Undertaking Rebate Mechanism For personal use only ELEMENT DETAIL Mechanism › A customer will be entitled to a rebate from Network where it has received less than its annual contracted capacity, as assessed by the Independent Expert, as a result of Network’s
Slide 76: Additional Information: Capital Expenditure
For personal use only Additional Information: Capital Expenditure Picture: Aurizon coal train departing Toowoomba depot
Slide 77: Group and business unit capital expenditure
FY2022 RESULTS ADDITIONAL INFORMATION FY2022 group and business unit capital expenditure ($m) For personal use only 532 437 276 142 276 97 47 95 97 95 17 17 FY20221,2 Network1,2 Coal1 Bulk Corporate Non-Growth Growth 1. Includes capitalised interest 76 2. Net of externally funded payments
Slide 78: Glossary
FY2022 RESULTS ADDITIONAL INFORMATION Glossary For personal use only Metric Description AFD Access Facilitation Deed Average haul length NTK/Total tonnes Contract utilisation Total volumes hauled as a percentage of total volumes contracted CQCN Central Queensland Coal Network ESG Environment, Social
Slide 79: Contact and further information
Contact and further information Chris Vagg James Coe Head of Investor Relations & Group Treasurer Manager Market Intelligence & Investor Relations For personal use only +61 7 3019 9030 +61 7 3019 7526 Chris.Vagg@aurizon.com.au James.Coe@aurizon.com.au ASX: AZJ 78