Contact Energy Limited · NZX:CEN
Contact Energy — UBS Australasia Conference 2016
10 slides from Contact Energy's conference presentation, Nov 7, 2016
Slide 1: Contact Energy presentation to UBS Australasia Conference
For personal use only 7 November 2016 Contact Energy presentation to UBS Australasia Conference Attached is the presentation that will be delivered by Contact’s Chief Executive Officer, Dennis Barnes, at the UBS Australasia Conference in Sydney today. ENDS
Slide 2: UBS Australasia Conference
For personal use only UBS Australasia Conference 7 November 2016 Contact Energy Annual meeting of shareholders Sheraton on the Park, Sydney October 2016
Slide 3: Disclaimer
Disclaimer For personal use only This presentation may contain projections or forward-looking statements regarding a variety of items. Such forward-looking statements are based upon current expectations and involve risks and uncertainties. Actual results may differ materially from those stated in an
Slide 4: The New Zealand electricity market
The New Zealand electricity market For personal use only 5 Major generators 1/2 Hourly wholesale 1 State-owned national transmission grid 29 Distribution businesses 26 Retail electricity 2 Million consumers spot market operator brands UBS Contact Energy October 2016 Presentation Annual November meet
Slide 5: We are an integrated electricity, gas and LPG business
We are an integrated electricity, gas and LPG business For personal use only 23% 82% 11 $31/MWh our share of the electricity the proportion of electricity Contact power stations, which we own and the average cost to supply energy to generation market in New Zealand generated from renewable resources
Slide 6: Connecting customers and markets to renewable resources
Connecting customers and markets to renewable resources For personal use only Investments in our generation portfolio have ensured a robust business with low- cost, long-life and flexible generation assets with our focus on safety, reliability and resource utilisation. Investments in core systems an
Slide 7: Growth from efficiency gains in our generation fleet
Growth from efficiency gains in our generation fleet For personal use only » We are improving the efficiency of our generation » Consented geothermal development options at portfolio in particular with our world class geothermal Tauhara including direct industrial application capability Improving ef
Slide 8: Return on investments in systems and capability
Return on investments in systems and capability For personal use only 1H15 2H15 1H16 2H16 We’ve listened to Change in customer numbers -7,300 -1,600 -9,800 +5,380 • New products our customers • Battery and solar trials Average time to answer 220 268 222 141 (seconds) and delivered Churn (variance to
Slide 9: Strong cash generation with capital management options
Strong cash generation with capital management options For personal use only » Strong EBITDAF to free cash conversion » Capital management options EBITDAF to free cash EBITDAF to free cash flow conversion of flow conversion of 69% 77% 600 Growth 500 Increase in debt 400 Special Growth dividend Debt
Slide 10: Summary
Summary For personal use only » Contact owns a diverse and flexible generation portfolio requiring minimal investment to deliver strong free cash flow » The significant investment in systems and capability in our retail business is starting to deliver results » A continuous improvement programme in