Slide 1: Form 6-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 August 20, 2013 BHP BILLITON LIMITED BHP BILLITON PLC (ABN 49 004 028 077) (REG. NO. 3196209) (Exact name of R
Slide 2: Preliminary results Year ended 30 June 2013
Escondida Preliminary results Year ended 30 June 2013 Andrew Mackenzie Chief Executive Officer Graham Kerr Chief Financial Officer 20 August 2013
Slide 3: Disclaimer
Disclaimer conditions, but of statements actual F All in herein. used Underlying our Certain undue securities independently forecast for this such not estimates business, to the results reliance presentation Non-IFRS always, measure words historical by year inare Forward-looking BHP circumstances ef
Slide 4: Disclaimer
Disclaimer Potash. experience Exploration basis) tonnes)for This BHP each to Mineral Targets Results, isBilliton qualify province, basedResources and Mineral on interest as Competent Mineral whereResources (%) This relevant, Resources Resource Saskatchewan Persons presentation and areinformation inf
Slide 5: Andrew Mackenzie, Chief Executive Officer
Escondida Port Hedland Preliminary results Year ended 30 June 2013 Preliminary results Year ended 30 June 2013 Andrew Mackenzie Chief Executive Officer 20 August 2013
Slide 6: Our plan and themes
Key plan US$16.2 Our themes will billion We deliver continue in FY14 substantial A to simplified extend growth ourorganisation strong in freetrack cashfocused record flow and ofonoperating superior our major returns performance basinsPreliminary will increase Controllable results, productivity cash
Slide 7: Sustainability underpins everything we do
Sustainability underpins everything we do Health Safety Community Environment Preliminary results, 20 August 2013 Slide 6
Slide 8: Continued improvement in safety performance
Continued FY13 Preliminary improvement results,in20 safety August performance 2013 SlideTotal 7 Recordable Injury Frequency (TRIF) (number of recordable injuries per million hours worked) FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12
Slide 9: Sustainability underpins everything we do
Sustainability underpins everything we do Health Safety Environment Community Preliminary results, 20 August 2013 Slide 8
Slide 10: Robust results reflect weaker commodity prices
Robust weaker billion, Excludes with FY12. results down commodity deferred Preliminary 25% reflect stripping. Capital prices record results, reduced and 2. production exploration Excludes 20 Underlying August and capital 2013 expenditure substantial EBIT investment Slideby9of productivity US$8.9 US$
Slide 11: We continue to extend our strong track record of operating performance
We continue shipments Petroleum US$2.7 billion increased production to in extend FY13 byincreased our 10% 1. 100% strong to 189 by basis. track 6% mt1record Preliminary toEscondida 236 MMboe of operating copper results, despite production performance 20 August extended 2013 increased Production main
Slide 12: Our differentiated strategy has delivered superior returns
Our differentiated CAGR earnings buy-backs returns3in(TSR, Our total andplan dividends. shareholder 30 will strategy Juneunlock 2003 Calculated has returns =more delivered 100)ofcash Preliminary over 20% superior from the over period our the results, financial installed same from20 timeframe FY04 re
Slide 13: Graham Kerr, Chief Financial Officer
Preliminary results Year ended 30 June 2013 Graham Kerr Chief Financial Officer BMA 20 August 2013
Slide 14: Our plan and themes
Key plan US$16.2 Our themes will billion We deliver continue in FY14 substantial A to simplified extend growth ourorganisation strong in freetrack cashfocused record flow and ofonoperating superior our major returns performance basinsPreliminary will increase Controllable results, productivity cash
Slide 15: Other items affecting underlying profitability
Other in items alternative securities. results, items 20 theOnshore August development balance affected 2013 US sheet, underlying Embedded Slide options non-cash 14profitability forBalance the adjustment Madsheet 1. DogRepresents ofProduction Phase our Angostura 2 project, variance Mad (Trinidad Dog
Slide 16: Successfully managing the factors we control
Successfully price linked costs managing and fuel theand factors energy. we control Preliminary 1.Controllable results, 20cash August costs2013 comprises Slide 15 costs EBIT(rates variance and usage) (FY13and versus exploration FY12, US$ and billion) business development expense; excludes non-cash a
Slide 17: Substantial EBIT growth in our major basins
Substantial EBIT using growth previous inperiod our major margin. basins Preliminary Volume variance results, (FY13 20 August versus 2013 FY12, SlideUS$ 16 million) 1. Excludes new and acquired/ceased and sold operations. Note: Volume variance calculated on Underlying
Slide 18: Controllable cash costs reduced by US$2.7 billion
Controllable cash costs reduced by US$2.7 billion 1. The variance in controllable cash costs excludes one-off items. Preliminary results, 20 August 2013 Slide 17
Slide 19: Capital and exploration expenditure
Capital million execution2 & entities, 2013 Development Slide and fits net18 (US$ within exploration of their Report; billion) this cash; envelope expenditure and Significant andincludes proceeds Majorof increase the US$21.7 transactions from Escondida sale in divestment billion1 of of property, Wat
Slide 20: Disciplined investment and strong balance sheet
Disciplined investment in capital sale transactions H2orFY13 partial expenditure atmanagement which Final Jansen sale dividend of are for of subsidiaries, yet our US$800 ofto major increased our be completed. capital million projects operations toCapital 59 fits asUS Preliminary within reported and
Slide 21: A temporary increase in our effective tax rate
A temporary during projections, included US$1.1 did recognised not the support billion net period inour exceptional increase the gain economic taxation December Effective oninsale our expense, charges development tax for effective 2012 rate, our ofhalf including interests US$922 excluding tax year.
Slide 22: Andrew Mackenzie, Chief Executive Officer
Preliminary results Year ended 30 June 2013 Neptune Andrew Mackenzie Chief Executive Officer 20 August 2013
Slide 23: Our plan and themes
Key plan US$16.2 Our themes will billion We deliver continue in FY14 substantial A to simplified extend growth ourorganisation strong in freetrack cashfocused record flow and ofonoperating superior our major returns performance basinsPreliminary will increase Controllable results, productivity cash
Slide 24: More balanced commodity markets
More 4(steel in substantially FY13 for 60 sales large 2t/capita) balanced 1. observed of Cumulative mining large 75–global mining 50 in we trucks developed This expect steel growth sales trucks dynamic and GDP information. economies and copper and growth should lower theconsumption associated of rat
Slide 25: A simplified organisational design
A simplified Petroleum August 2013 and organisational Slide Legal 24HSEC,design Marketing ChiefPeople Chief Executive and Iron Ore Financial Coal Copper OfficerManganese Officer President and Group President Company President PotashChief Counsel President and Technology President President Public Af
Slide 26: Increasing focus on our major basins
Increasing 27% FY15 (Oil for & continuing focus gas) on Gulf our operations; ofmajor Mexico basins excludes (OilContribution & gas) Pinto WAIO Valley. toQueensland FY13 Preliminary EBITCoal Aluminium, results, (Iron 20 ore) Manganese August (Metallurgical 2013Coal Slide coal) 3%25&Escondida Nickel 1
Slide 27: Iron Ore: optimising our supply chain
Iron Ore: share) – includes optimising a 10% ourincrease supply chain at WAIO in the200 Pilbara CAGR Iron +10% ore production 150 100 50is0 expected FY09 FY10to increase FY11 FY12 by Iron FY13 oreFY14e production Preliminary 11% to results, 188 mt (BHP 20 August Billiton 2013share) Slidein26FY14 (in
Slide 28: Iron Ore: productivity drive in action
Iron –Ore: 175 utilisation includes optimising at oura 10% 125 our Newman increase supplyat mine chain WAIO 100 in +20% 75 the50 Pilbara increase 25 0 12 Iron12 from ore 1212 production the12 March 1213quarter is13expected 13 1313 Our to productivity 13increase Jul Augby Sep drive Utilisation Octis
Slide 29: Iron Ore: growth ahead of schedule
IronCY13, productivity Q4 efficient Ore:growth optimising ahead drive inofiscapacity schedule in ouraction supply to–across approximately this chain will the inmatch business the Pilbara 260 mine and mtpa and Iron has toport ore delivered 270production capacity mtpa1a 1. significant at100% is 220exp
Slide 30: Petroleum: strong growth in liquids production
Petroleum: includes 20 August15% 2013 strong growth Slide growth in 29Onshore in liquids USproduction volumes, CAGR Petroleum +12% production underpinned is expected by an anticipated to increase75% by Petroleum increase inproduction liquids production 6% to 250150 MMboe 100 50in0 FY14 FY09 (index,
Slide 31: Petroleum: improvement in Onshore US performance
Petroleum: in performance August Onshore 2013 strong USat Slide volumes, ourgrowth 30 Onshore 100 in US liquids productivity business production and underpinned substantially Petroleum by production an increased anticipated drilling is expected 75%rates increase to60increase 40improvement 20 0by Q1B
Slide 32: Petroleum: anticipated strong growth in liquids
Petroleum: anticipated 200 Conditioning MMcf/d75% strong Macedon Plant increase growth andproject North in inliquids liquids West commenced production Shelf production Greater gasAs sales Petroleum Western weinbuild August Flank-A production our 2013 experience, projects Turrum is expected we remain
Slide 33: Copper: Escondida production remains on track
Copper: Escondida Escondida production continues remainstoondeliver track to Copper deliverproduction 1.3 mt1 ofiscopper expected in FY15 to remain 100 Copper 75 50 25production 0 FY09 FY10 unchanged FY11 FY12 at 1.2 FY13 mt (BHP FY14e Billiton 1. 100% share) basis. in FY14 Preliminary (index, resul
Slide 34: Copper: throughput of Escondida has improved
Copper: throughput of 2011 major andEscondida maintenance major average maintenance continues = 100) at Escondida 150in toEscondida July deliver has 2012. improved Copper production Preliminary production crushing remains results, and is expected on 20 conveying track August to remain deliver 2013 t
Slide 35: Copper: execution of Escondida projects
Copper: 1.3 execution decade Excludes mt(1)of –Escondida Escondida strike atcopper Escondida during in continues Oxide FY15 July willLeach 2011 continue Implementation to deliver and Areato major Project Copper maintain maintenance of substantially our production strong systems momentum in isJuly an
Slide 36: Coal: a rapid turnaround at Queensland Coal
Coal: aFY13 energy FY12 coal rapidproduction FY14e turnaround 1. Includes isatexpected Queensland 100%to remain ofCoal BHPCoal 125 Billiton energy production Mitsui coal Coal metallurgical is expected production. tocoal increase BHP steady Billiton byat3% 73to interest mtCoal – metallurgical product
Slide 37: Coal: fleet movement
Coal: fleet movement 1. Includes annualised a rapid is 100% aturnaround substantial hours of BHP = 100) atBilliton proportion Queensland 150 –Mitsui energy of Coal 100 Coal coal the Coal production. production Group production s cost BHP is base expected is Billiton expected – theto25% interest to r
Slide 38: Coal: steady Goonyella and Hay Point
Coal: steady Goonyella the results, Hayaatrapid 20Point 73August illustrates mt turnaround Stage – metallurgical 2013 Three theSlide potential atExpansion Queensland 37coalopportunity production is Coal now Coal complete Queensland is forecast production 1. Includes to Coal rise is expected capacity
Slide 39: An enviable position in Saskatchewan
An enviable position in Saskatchewan Preliminary results, 20 August 2013 Slide 38
Slide 40: We remain confident in the potash outlook
We potash for from brownfield August remain constrained 2013 remain confident and Slide greenfield arable in39place in the land projects potential long We term believe under supply outlook the construction gap potash for demand potash price and 2020 We will expected expect –ultimately a growing dema
Slide 41: Investment path at Jansen
Investment the undeveloped pathinstallation that maximises atore Jansen ofbody surface returns creates – capable infrastructure for tangible our of supporting shareholders value andfor utilities aour first andshareholders will this quartile be could completed operation include today Investing in the
Slide 42: Our plan will deliver value for shareholders
Our actively savings can planWe will have manage deliver committed the substantial portfolio to a growth major for value reduction in free Our cash confidence in capital flow Our expenditure is premised disciplined having upon plananis optimised unrivalled in actionour right portfolio investment acr
Slide 43: Resourcing the future
cdl bhpbilliton resourcing the future
Slide 44: Appendix
cdl bhpbilliton resourcing the future
Slide 45: Strength of diversity: Group EBIT margin
Strength Group party Preliminary trading 1. in Calculated diversity results, activities. 20 on EBIT August The the margin1 basis Exploration 2013 of UKGAAP (%) Slide 75 and 44 50 Technology 25 for0periods FY04business FY05 prior to FY06 has FY05, been FY07 except included FY08 forFY09 the in BHP exc
Slide 46: Impact of commodity price movements
Impact of commodity Manganese Coal Iron Ore priceand movements Nickel Preliminary Total priceresults, variance20(FY13 Augustversus 2013 FY12, Slide 45 US$ million) 0 (27) (521) (555) (1,000) (2,000) (3,000) (3,666) (4,000) (4,126) (5,000) Petroleum Copper Aluminium,
Slide 47: A weaker US dollar and impact on costs
A weaker and impact Coal onCopper US net dollar costs. Aluminium, has Preliminary hiddenPetroleum implications results, 20 andAugust for IronUnderlying Ore 2013 Total Slide unallocated EBIT 46 Foreign Manganese exchangeand gain/(loss) Potash Nickel on balance Note:sheet Difference monetary in exchan
Slide 48: Our high quality project pipeline
Our A Copper Water FY13 high Supply Coal FY14 quality Aluminium, Project FY15 project FY16 willpipeline Manganese beCerrejon commissioned WAIOEscondida andCaval Potash in Jansen 2017. WAIO and Preliminary Nickel shaft Escondida Inner FirstMacedon results, Appin US$500mKipper1 20Ridge August > US$500
Slide 49: Capital and exploration expenditure
Capital Growth 19.0 (0.5) US$16.2 the expenditure rate 17.4 (0.5) and of 1.7 billion 12.9 deferred (0.2) 2.6 exploration US$ presented Onshore 4.0 (0.4) excludes billion 5.5 stripping (0.8) on 6.1 expenditure US FY04 an deferred 7.3 (0.5) capital accruals capitalised 8.1 FY05 (0.6) 9.2 stripping and
Slide 50: Summary tax balances
Summary tax 2013balances Slideof49on keyfixed exchange assetsrate 149components 59 Deferredintax taxbalances expense/(income) on US$ debt FY13 85 205 FY12 Deferred Restatement tax balances of expense/(income) on timing differences expense/(income) (71) 29 Other US$items million (98)US$ 48 Total mill
Slide 51: Maturity profile of debt
Maturity2013 Sterling Financing Billiton August share A$ profile 8%C$ Slide subject 1.CP analysis Based Controlled 50 toon governing Debt debtBonds balances1 balances contractual Bonds as (US$ atBonds 30 arrangements. billion2) June Bonds 2013. 6 5Bonds 42.4. 3All 2Subsidiary Issuance 1debt 0 FY14 b
Slide 52: Key sensitivities
Key Rand/US$) US$1/t (0.2 neton profit metallurgical sensitivities operations2 coal Approximate 25 price 1. Assumes 25 US¢1/lb impact1 totalonvolume on aluminium FY14exposed netprice profit to25price. after US¢1/lb tax 2. Impact ofon changes copper based ofprice on US$ average 20 million US$1/t exch
Slide 53: Jansen Potash project
Jansen Potash project Preliminary results, 20 August 2013 Slide 52
Slide 54: Resourcing the future
cdl bhpbilliton resourcing the future
Slide 55: Signatures
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BHP Billiton Limited and BHP Billiton Plc Date: August 20, 2013 By: /s/ Jane McAloon Name: Jane McAloon