Orbital Corporation Ltd · ASX:OEC

Orbital — Shareholder Meeting (October 2007)

27 slides from Orbital's shareholder meeting presentation, Oct 23, 2007

  1. Slide 1: Orbital Corporation Limited

    ano ORBITAL 3 CORPORATION LIMITED 4 4 om

  2. Slide 2: Chairman's Address

    For personal use only Address Chairman’s

  3. Slide 3: FY07 Results

    For personal use only FY 07 – Results A$'m FY07 FY06 %YOY Total revenue 15.2 11.5 32% Total expenses (16.7) (14.6) 14% Share of profit of Synerject 3.2 4.1 (22% ) EBIT 1.6 1.0 57% Profit after taxation 1.3 0.5 160% EPS (cents) 0.299 0.125 139% NTA per share (cents) 3.470 1.880 85% •FY07 includes ful

  4. Slide 4: Chief Executive Officer's Address: Today and the Future

    For personal use only Chief Executive Officer’s Address Today and the Future

  5. Slide 5: Contents

    For personal use only Contents ƒ Business Overview ƒ Non-Automotive Market segment ƒ FLEXDI ƒ Outlook P5 ORBITAL COPYRIGHT

  6. Slide 6: FY07 Strategic Achievements

    For personal use only FY07 Strategic Achievements ƒ Bajaj commence production of Orbital direct injection gasoline Autorickshaw vehicles in May 2007 ƒ Bajaj enter into a new license for LPG and CNG Autorickshaw vehicles ƒ Synerject establishes manufacturing and engineering facilities in China ƒ Shar

  7. Slide 7: Group Overview – Income Streams

    For personal use only Group Overview – Income Streams Orbital Corporation Engineering Services Royalties and Licensing Manufacturing - Analysis & Design - Orbital Direct Injection - EMS Design & Devt. - Combustion Systems - Calibration & Testing - Control Systems - EMS Manufacturing - Engine Develop

  8. Slide 8: Synerject Overview

    For personal use only Synerject Overview ƒ 50:50 Joint Venture with Siemens-VDO established in 1997 ƒ Supplies and manufactures Engine Management Systems (EMS) and electronic fuel injection systems for global non-automotive market ƒ Access to Siemens-VDO automotive components and know how for non-au

  9. Slide 9: Typical Non-Automotive Products

    For personal use only Typical Non-Automotive Products P9 ORBITAL COPYRIGHT

  10. Slide 10: Synerject Financials

    For personal use only First cash dividend US$850k paid to Synerject Financials Orbital in September 2007 Revenue Result 80 4 60 3 US$’m US$’m 40 2 20 1 0 0 FY05 FY06 FY07 FY05 FY06 FY07 Operating and Investing Net Debt Cash Flows 10 6 8 US$’m US$’m 4 6 4 2 2 0 0 FY05 FY06 FY07 FY05 FY06 FY07 SYNERJ

  11. Slide 11: Typical Engine Management System (EMS)

    For personal use only Typical Engine Management System (EMS) ECU is the key component to control price and IP P11 ORBITAL COPYRIGHT

  12. Slide 12: Synerject – Products and Markets

    For personal use only Synerject – Products and Markets 4 Stroke 2 Stroke Port Injection Direct Injection Direct Injection Port Injection P12 ORBITAL COPYRIGHT

  13. Slide 13: Target Market Growth Trends

    For personal use only Target Market Growth Trends 70 63 M 60 Unit Volumes 50 39.5 M in the 40 Total Motorcycle, Marine and 30 M/cycle only Recreation Asia M/cycle Markets 20 10 0 2006 2009 2012 2015 P13 ORBITAL COPYRIGHT

  14. Slide 14: Legislative Drivers for Technology and EMS

    For personal use only Legislative Drivers for Technology and EMS Global Motorcycle Emissions Legislation 0% EMS Technology Carburetor China Europe India Taiwan EMS Emissions or Carburetor >50% EMS 100% EMS 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 P14 ORBITAL COPYRIGHT

  15. Slide 15: Synerject M3 ECU Product

    For personal use only Synerject M3 ECU Product Same ECU for all engine displacements 50cc to 250cc M3 ECU targeted at high volume markets of Asia 70 60 50 Unit Volumes in the 40 Total Motorcycle, 30 M/cycle only Marine and Recreation Asia M/cycle Markets 20 10 0 2006 2009 2012 2015 P15 ORBITAL COPYR

  16. Slide 16: Global Locations

    For personal use only Global Locations July 2005 December 2006 Synerject Newport News Toulouse Delavan France Wisconsin USA Chongqing Changchun Newport China China News Virginia USA Perth Australia March 2006 Orbital Locations Synerject Locations Regional Customer Support P16 ORBITAL COPYRIGHT

  17. Slide 17: Engineering Services

    For personal use only Engineering Services Fee-for-service business providing fundamental design, development and research in: ƒ Engine management systems ƒ Fuel systems ƒ Combustion systems ƒ Fuel economy and emissions ƒ Gaseous and Alternative Fuels e.g. LNG/CNG fuel systems P17 ORBITAL COPYRIGHT

  18. Slide 18: Engineering Services - Overview

    For personal use only Engineering Services - Overview ƒ Provides fee for service consulting to OEMs, suppliers and regulators, globally ƒ Order book over $8.0m in October 2007 (>60% improvement since July 2007) ƒ 40-50% of business involves application of Orbital DI for new products or customers ƒ E

  19. Slide 19: Orbital's Vision

    For personal use only Orbital’s Vision Innovative Technology Solutions for a Cleaner World Focused on: – Clean, efficient and safe transportation; – Efficient use of energy and resources; – Use of renewable and sustainable energies; where each are readily developable in Australia, and applicable to

  20. Slide 20: Licensing and Royalties - Products

    For personal use only Licensing and Royalties - Products Over 500,000 Orbital DI engines in the market P20 ORBITAL COPYRIGHT

  21. Slide 21: Licensing and Royalties

    For personal use only Licensing and Royalties ƒ Mercury reach 10 year milestone since first OptiMax introduction and launches two new models in June ƒ Bajaj launch gasoline DI autorickshaw in May, gaseous versions under development ƒ Envirofit achieve sign-off of retro-fit kit for Philippines taxi m

  22. Slide 22: FlexDi: One Engine - Any Fuel

    FLEy, “DI ONE ENGINE - ANY FUEL

  23. Slide 23: FlexDi - Alcohol based fuels

    pase d fue FlexDi™ - Alcohol based fuels To buy Gain the madmum benefit of Aoohol tus engna boasingis required Flex DI™ deivers engines with high booet at engne sneeds as low 4200;pm ard tha low knock sensitMily erebles eptonal torque evels. FlexDi™ meintains high corrpression tatios for boosted eng

  24. Slide 24: Summary

    Summary For personal use only FLEXDITM is a unique system offering the widest range of solutions possible in one combustion system. One engine designed to use FLEXDITM can ultimately use any fuel type without the need for additional costly base engine design and development. A single engine architec

  25. Slide 25: Future Objectives/Outlook

    For personal use only Future Objectives/Outlook ƒ Synerject ƒ Engineering Services ƒ Licensing & Royalties P25 ORBITAL COPYRIGHT

  26. Slide 26: Orbital Growth Drivers

    For personal use only Orbital Growth Drivers ƒ Emissions reduction (toxic and greenhouse legislation) ƒ Lower energy/fuel consumption (greenhouse and oil price) ƒ Alternative fuels (greenhouse and renewable) ƒ Cost effective engine solutions (China and India) P26 ORBITAL COPYRIGHT

  27. Slide 27: Innovative Technology Solutions for a Cleaner World

    For personal use only Innovative Technology Solutions for a Cleaner World …

Orbital — Shareholder Meeting (October 2007) on 6ix