Contact Energy Limited · NZX:CEN
Contact Energy — Shareholder Meeting (February 2003)
13 slides from Contact Energy's shareholder meeting presentation, Feb 11, 2003
Slide 1: 2003 Annual Meeting
2003 Annual Meeting Stephen Barrett Chief Executive and Managing Director 11 February 2003
Slide 2: Key Points
Key Points • Recent financial results driven by strong retail performance • Acquisition of Stratford power station will add signficant value to portfolio • Contact committed to growth within the integrated energy model 2
Slide 3: Overview of 2002 Financial Results
Overview of 2002 Financial Results 180 160 155 140 131 120 126 100 107 97 117 80 77 80 88 60 77 80 61 40 20 0 1997 1998 1999 2000 2001 2002 Core Reported 3
Slide 4: Quarter 1 2003 Results
Quarter 1 2003 Results 25 20 5.2 Depreciation 4.1 Cross border increase 15 expenses $m (post tax) 10 18.4 16.2 5 0 2002 Q1 2003 Q1 Reported Adjustments 4
Slide 5: Acquisition of Stratford Power Station
Acquisition of Stratford Power Station Otahuhu A Otahuhu B Ohaaki, Wairakei and Te Rapa Poihipi New Plymouth TCC Thermal Production by fuel source Geothermal Clyde & Roxburgh Hydro 5
Slide 6: Generation Operations
Generation Operations •Otahuhu B outage •Reconsenting of Clutha and Wairakei 6
Slide 7: Generation Development
Generation Development •Enhancement of existing assets •New Plymouth role •Dual firing 7
Slide 8: Gas Portfolio
Gas Portfolio •Redetermination announced •Next steps •Future supplies 8
Slide 9: Industry Gas Supply/Demand Balance
Industry Gas Supply/Demand Balance (post Maui Redetermination) 300 250 Kupe Pohokura 200 Maui Ngatoro/Kaimiro Kapuni PJ/annum Mangahewa 150 TAW Rimu McKee 100 Demand (excl Petrochemical) Demand 50 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 This chart does not r
Slide 10: Retail Business Review: Electricity customer numbers
Retail Business Review 6,000 500,000 Electricity customer numbers 450,000 5,000 400,000 350,000 4,000 300,000 GWh 3,000 250,000 200,000 2,000 150,000 100,000 1,000 50,000 0 0 2000 2001 2002 Retail sales Customers Numbers 10
Slide 11: Strategy Going Forward - Integrated Energy Business
Strategy Going Forward - Integrated Energy Business Third-Party Retailers & GenCo’s Hedges Fuel Suppliers Fuel Trading Generation Elect Trading Retail Customers “Retail Hedge” 11
Slide 12: 12
12
Slide 13: contact
Ge contact