White Energy Company Limited · ASX:WEC
White Energy — FY2012 Earnings Presentation
11 slides from White Energy's earnings presentation, Sep 7, 2012
Slide 1: Results Presentation Year Ended 30 June 2012
For personal use only Results Presentation Year Ended 30 June 2012 7 September 2012
Slide 2: Highlights; Results Overview
For personal use only Highlights Results Overview Page 22
Slide 3: Highlights for FY 2012
Highlights for FY 2012 For personal use only White Energy continues to focus on the application of its BCB technology to the upgrading of coal fines, whilst seeking to identify further coal properties for acquisition IIn active ti discussions di i with ith allll off th the major j S South th Af Af
Slide 4: Target Milestones for FY 2013
Target Milestones for FY 2013 For personal use only Work is well underway across a number of business development initiatives targeted for FY 2013 Af i Africa A t li Australia U it d States United St t I d Indonesia i Chi China Key Partners • Black River • Lake Phillipson • Buckskin • Tri Mitra Baya
Slide 5: Highlights; Results Overview
For personal use only Highlights Results Overview Page 55
Slide 6: Results Overview – FY 2012
Results Overview – FY 2012 For personal use only Operating results for FY 2012 have been significantly impacted by the impairment of KSC’s assets following the legal dispute between KSC’s shareholders The consolidated entity’s net loss for the year ended 30 June 2012 was $171.8M (2011: $18.8M). Th
Slide 7: Results Overview – FY 2012 (continued)
Results Overview – FY 2012 (continued) For personal use only FY 2012 FY 2011 A$M A$M Consolidated entity net loss for the year (171.8) (18.8) Add-back / (subtraction) items: • Net interest revenue (4.2) (3.4) • Income tax credit (6.5) (19.2) • Fair value gain on financial liabilities - SAC Performan
Slide 8: Results Overview – FY 2012 (continued): Consolidated balance sheet
Results Overview – FY 2012 (continued) For personal use only Consolidated balance sheet A$M 30/6/2012 30/6/2011 Cash on hand as at 30 June 2012 $137.8M. Current Assets 145.6 197.8 Decrease in total assets from $534.4M to $384.3M, Total Assets 384.3 534.4 mainly i l reflects fl t ththe impairment
Slide 9: Competent Persons Statement
Competent Persons Statement For personal use only The information in this report which relates to Exploration Results, Mineral Resources or Ore Reserves at EL 4534, for coal, is based on information compiled by Jonathan Barber, who is a member of the Australasian Institute of Mining and Metallurgy.
Slide 10: Forward Looking Statements
Forward Looking Statements For personal use only Except for the historical information contained herein, the matters discussed in this presentation contain forward- looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipate
Slide 11: Contact details
For personal use only Maritime Trade Towers Level 20 20, 201 Kent Street Sydney, NSW 2000 Telephone: +61 2 9959 0000 Facsimile: + 61 2 9959 0099 Email: info@whiteenergyco.com info@whiteenergyco com ABN 62 071 527 083 Page11 11