rbs morgans annual queensland conference 2012 … filerbs morgans annual queensland conference 2012...

RBS Morgans Annual Queensland Conference 2012

Zimi Meka - Chief Executive Officer, Craig Allen - Chief Financial Officer

10 Oct 2012

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• Improved 12 month LTIFR to 0.80 on

11.2 million man hours worked progress towards

goal of zero harm

• Significant focus on retention, development and

performance of our employees

• Positive trend in employee turnover at year end

continues despite significant market pressure

• 18% reduction in Lost Time Injuries from 2010

• New initiative of Zero Harm Leadership courses

completed with majority of personnel trained in

Right to Start Hazard & Risk Assessment

Our people and their safety are our priority

0

4

8

12

16

20

2007 2008 2009 2010 2011

Hours managed

LTIFR is Lost Time Injury Frequency Rate

TRIFR is Total Recordable Injury Frequency Rate

0.0

1.0

2.0

3.0

4.0

5.0

2007 2008 2009 2010 2011

LTIFR & TRIFR trend

LTIFR TRIFR

RBS Morgans Annual Queensland Conference | 10 October 2012 | 2

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Strategy – delivering results


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Create

Optimise

Innovate

Evaluate

Our offering

Minerals

& Metals

• Precious metals

• Coal

• Iron ore

• Base metals

• Industrial

minerals

• Mineral sands

• Uranium

• Phosphates

• Fertilisers

• Potash

Process

Infrastructure

• Ports, marine

and offshore

• Long distance

slurry and liquid

pipelines

• Paste and tailings

disposal systems

• Materials handling

• Rail

• Commercial and

industrial buildings

• Pulp and paper

• Supply chain

simulations and

optimisation

• Control systems

• Waste water

treatment

• Infrastructure

Environment

& Sustainability

• Civil & geotechnical

engineering

• Waste treatment,

processing and

storage

• Mine waste

management

• Environmental and

sustainability

services

• Permitting and

licensing

• Water resource

management

• Landfill design and

gas recovery

• Laboratory & field

services

Energy

• Conventional gas

• Non-conventional

gas

• Gas conversion

• Renewable energy

• Bio fuels

• Oil and gas

pipelines

• Power generation

and transmission

• Coal gasification

• Off gas treatment

• Carbon storage

• Oil sands

• Oil shale

Program

Management

• Program

and project

management

• Procurement

• Logistics

• Construction

management

• Stakeholder

relations

management

• Statutory approvals

management

Onsite engineering and operations and maintenance support services Optimise

Front end engineering and design service (FEED) Innovate

Pre-feasibility, feasibility and conceptual design services Evaluate

Engineering, Procurement, Construction Management (EPCM) and Engineering Procurement Construction (EPC) contracts Create


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Minerals &

Metals

Our business in 2007

52 assignments in 2007

Minerals

Processing

= 10 - 30% of

total project ICV


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Our business in 2012

Energy Environment & Sustainability

Minerals & Metals

Process Infrastructure

Program Management

650 assignments in 2011

Minerals

Processing

= 10 - 30% of

total project ICV


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2007

M&M

Business 2007 (Process Plants:

Africa, Australia,

Asia)

M&M

Business

2007

North/South

America

New Geography

M&M

Business

2007

North/South

America

New Geography

New service

sectors (E&S, Rail, Port,

Pipelines)

M&M

Business

2007

North/South

America

New Geography

New service


Pipelines)

Service sectors

more

Create work

M&M

Business

2007

North/South

America

New Geography

New service


Pipelines)

Service sectors

more

Create work

Larger

client base

M&M

Business

2007

North/South

America

New Geography

New service


Pipelines)

Service sectors

more

Create work

Larger

client base

Larger

projects

Growth through diversity

2012

Revenue

growth

opportunity


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Project phases – extending the project lifecycle offering

Time

Percentages are the illustrative Ausenco revenue share of total project Installed Capital Value (ICV).

Revenues are the illustrative Ausenco 2012 revenue share by project phase.

Cap

ita

l E

xp

en

dit

ure

Project Management

Create

2 - 4%

Construction

Management

6.5 - 12.5%

Detailed

Engineering

Innovate

1.5 - 3.5%

FEED Engineering

1 - 1.5%

Feasibility

Study

0.5 - 1%

Exploration

Evaluate

Optimise

Operations

& maintenance

~$160m

~$120m

~$320m

~$50m


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Build long-term inspiring client relationships

• Diversity strategy has delivered broader and deeper globally diverse client base

• Over 75% of revenue now received from globally diverse and major resource companies

• Clients seeking full phase solution delivery provide repeat, ongoing project opportunities

• Enhanced client understandings provides cross selling opportunities across our solution offerings

• Our increased number of strategic alliance framework agreements providing greater alignment and visibility

• Our full solution offering to clients from pre-development Evaluate phase, through Create phase development to include Optimise phase recurring revenues

Service revenue by client type

Emerging

63%

Globally diversified

25% Major

50% Emerging

25% 20 1 1

2006


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Global footprint –

30 offices across 19 countries

Brisbane, Australia

Corporate Office

Asia

Bangkok, Thailand

Beijing, China

Jakarta, Indonesia

Mumbai, India

Australia/South Pacific

Apia, Samoa

Honiara, Solomon Islands

Nuku’alofa, Tonga

Perth, Australia

Port Moresby, Papua New

Guinea

Port Vila, Vanuatu

Sunshine Coast, Australia

Suva, Fiji

Offices

Middle East

Jeddah, Saudi Arabia

North America

Burlington, Canada

Calgary, Canada

Concord, USA

Denver, USA

Houston, USA

Montréal, Canada

Reno, USA

Toronto, Canada

Vancouver, Canada

South America

Belo Horizonte, Brazil

Bogotá, Colombia

Lima, Peru

Mendoza, Argentina

Salta, Argentina

San Juan, Argentina

Santiago, Chile

8%

Services revenue - by geography

2006

Africa

29% Asia

41% Australia

20% MENA

10%

2012

(1HY) Africa

10% Australia

16% MENA

1% South America

22%

Asia

11%

Central Asia

12%

North America

28%


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A selection of our global projects


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Constancia

Copper Project

Client Hudbay Minerals Location Peru Service Create (EPCM) Timing 2012 - 2015


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Bozshakol Copper

Project

Client Kazakhmys plc Service Create Timing Current


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Minas-Rio Iron Ore

Project, Brazil

Client Anglo Ferrous Brazil Location Brazil Service Evaluate Timing Current ICV US multi billion

Pit to port solution


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False Creek

Energy Centre

Client City of Vancouver Location Vancouver, Canada Service Innovate (design) Timing 2007 - 2010


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Alpha Coal Project

Client GVK / Hancock Coal Location Queensland, Australia Service Evaluate (PCM) in JV with Worley Parsons Timing Current


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Fast tracked establishment, all production

targets exceeded and an excellent safety

record – over 2 years operated LTI free

Isaac Plains Coal

Handling & Preparation Plant

Client Isaac Plains Coal Management Ltd Location Queensland, Australia Project Operations and maintenance Timing Current


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Engineering solutions for

platforms in Arctic temperatures

Orlan Platform

Client Exxon Neftegas Limited Location Sakhalin Island, Russia Service Innovate (FEED) Timing 2011 – 2012


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Antamina Concentrate

Export Terminal

Client Antamina Copper Location Peru Service Planning, design, procurement and construction Value US$2.3 billion


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Strategy and Outlook


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In summary

• 2012 first half performance ahead of guidance

• Ausenco’s focused strategy delivering profitable growth

• Emphasis on building for long term growth

• On track to deliver continued growth through 2013

• Resources and energy sectors continue to provide opportunities

• Ongoing signs of slowing in project approvals in coal and iron ore in Australia

• Clients actively evaluating debottlenecking, optimisation and continuous improvement programs for their operations – provides growth opportunities for Ausenco’s Optimise and Create phase revenue base. Recent Rylson acquisition readily services this market.

• Ausenco’s diversity providing growth opportunities

• Strong global work on hand across multiple sectors and clients – extending into 2014

• Evaluate and Innovate phase work underway by Ausenco on $18.3 billion of projects providing our Create phase pipeline into 2013 and 2014

• Strong balance sheet and operating cash flow provide solid base

• Well positioned to grow long-term shareholder value

• 2012 after-tax earnings guidance upgraded to $41.4 million


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Our diversification strategy is delivering outstanding

results and driving our success. We are capitalising

on the opportunities in our key markets, delivering

ingenious solutions, growing our work on hand and

expanding our major mining company client base.

3,450

People

30

Offices

19

Countries

Thank you


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rbs morgans annual queensland conference 2012 … filerbs morgans annual queensland conference 2012...

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