ABN Amro Morgans Investor Breakfast. 21 June 2006

Transcription

1 ABN Amro Morgans Investor Breakfast 21 June 2006

2 Important Information Purpose of this document This is a private and confidential document which has been prepared by Ausenco Limited (Company) to provide the recipient (Recipient) with information and a preliminary understanding of the company and its business. It is part of, is incomplete without and to be read in conjunction with an oral briefing to be given by the Company. This document is provided to the Recipient on the conditions set out below. This document is provided to Recipients on the basis that they are a sophisticated investor or professional investor (within the meaning of section 708(8) or (11) of the Corporations Act 2001, respectively). By accepting this document and not returning it, the Recipient confirms that it is such a person. If the Recipient is not such an investor, please do not consider the contents of this document and return it. This document is not a recommendation, offer or invitation This document is not a recommendation, offer or invitation by any person to any person to sell or apply for securities in the company. This document is not a prospectus The document is not a prospectus under Australian law or under any other law. It is for information purposes only. Accordingly, this document neither purports to be exhaustive nor contain all of the information which a prospective investor or the Recipient may require to make an investment decision and it does not contain all of the information which would otherwise be required by Australian law or any other law to be disclosed in a prospectus. Exclusion of representations or warranties The only representations or warranties in relation to the preparation of this document and the information in it (such as its accuracy, reliability, completeness or reasonableness of any assumptions) are those which are implied by law and which cannot be excluded by law. Otherwise, all such representations or warranties are excluded and the Recipient releases the Company, ABN Amro Morgans Corporate Limited, their advisors and the officers of each of the aforementioned persons from any liability or responsibility for this document (including without limitation, loss or damage arising by negligence). This document is confidential This information contained in this document is confidential and is given only to provide information about the company to the Recipient and its advisors and for no other purpose. It must not be copied or distributed and the Recipient must keep confidential all matters contained in it. On request, the Recipient must promptly return all material received about the Company or any of its affairs, including this document, without retaining copies. Events after date of this document The company and its officers have no responsibility or obligation to inform Recipients of any matter arising or coming to their notice, after the date of this document, which may affect any matter referred to in this document. No reliance The document is provided to the Recipient on the basis that the Recipient must rely on their own inquires and seek appropriate professional advice in relation to the information and statements in relation to the proposed prospects, business and operations of the Company. The forward looking statements included in this presentation involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside the control of, and are unknown to, the Company. In particular, they speak only as of the date of these materials, they assume the success of the Company s business strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from the forward looking statements and the assumptions on which those statements are based. Given these uncertainties, the Recipient is cautioned to not place undue reliance on such forward looking statements. Jurisdiction The distribution of the document in jurisdictions outside Australia may be restricted by law. Any Recipient who receives this document outside Australia must seek advice on and observe any such restrictions. This presentation must not be distributed into the United States or any US person.

3 Ausenco Limited An award winning provider of innovative and high quality engineering and project management services to the global mining and minerals processing industry Specialising in the engineering, procurement, construction management, project management, commissioning and operation of mineral processing plants

4 The Ausenco Story Established in year history Offices in 4 countries worldwide, 530 personnel Past projects = Installed Capital Value >$1bn in 33 countries Processing of minerals to produce gold, copper, nickel, silver, cobalt, lead, zinc, uranium, mineral sands and industrial minerals Existing projects = Installed Capital Value $1.6bn

5 The Ausenco Solution An established global reputation for the delivery of innovative solutions across the project lifecycle the Ausenco Solution Front End Solutions Engineering & Process Project & Construction Management Operations & Management PRE-FEASIBILITY STUDY FEASIBILITY STUDY ENGINEERING, PROJECT AND CONSTRUCTION MANAGEMENT OPERATING AND MAINTENANCE DECOMMISSIONING

6 Ausenco Clients Client Commodities Focus Repeat Client BHP Billiton Diversified 9 Rio Tinto Diversified 9 Anglo American Plc Diversified Xstrata Plc Diversified 9 Gold, copper, lead, zinc 9 Gold and copper 9 Gold 9 Gold and copper 9 Mineral Sands First project Sino Gold Limited Gold First project Kingsgate Consolidated Limited Gold 9 Mineral sands and gold 9 Oxiana Limited Placer Dome Inc Barrick Gold Corporation Newmont Mining Corporation Bemax Resources NL Mineral Deposits Limited

7 Sepon Copper/Gold Projects

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15 Bemax Mineral Sands Project

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17 Bendigo Mining

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19 Jinfeng Gold Project

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21 Kainantu Gold Project

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24 Current Projects Ausenco is currently working on projects with Installed Capital Value of $1.6 billion Project Name Client Location Project Value Expected Completion Nui Phao Tungsten Project Tiberon Minerals Ltd Vietnam US$229M 2008 Jinfeng Gold Project Sino Gold Ltd China US$85M 2006 Yabulu Operations Upgrade BHP Billiton Australia $20M 2006 Grand Cote Zircon Project Mineral Deposits Limited Senegal US$114M 2008 Lumwana Copper Project Equinox Minerals Limited Zambia US$500M 2007 Phu Kham Pan Australian Resources Limited Laos US$230m 2008

25 Growth Strategy Expand geographic reach Strengthen strategic alliances Commodity diversification Expand range of services to take advantage of synergies Broaden range of clients with a focus on top tier Acquire complementary businesses

26 Board & Management

27 Board Ausenco s board brings together many years of commercial and industry experience Wayne Goss (Chairman) Zimi Meka (Managing Director) Bob Thorpe (Non Executive Director) Hank Tuten (Non Executive Director) George Lloyd (Non Executive Director)

28 Management Ausenco s ability to recruit and retain high quality professionals has been key to its growth Zimi Meka Managing Director Craig Allen Brett Smith Ken Roxburgh Wayne Anderson Esther Kuiters Greg Paholski Chief Financial Officer Chief Operating Officer Commercial & Risk Management Business Development People Capital General Manager Ascentis Matt Langridge Peter Hrstich Ed Meka General Manager Projects & Construction General Manager Engineering & Process General Manager Alliances Ausenco s reputation for innovation and excellence attracts leading professionals in the industry

29 Financials

30 Profit and Loss Ausenco is forecasting strong growth in NPAT for FY2006 based on long term contracts signed and under negotiation Year to 31 December A$' Audited 2004 Audited 2005 Audited 2006 Forecast Total Revenue 27,451 69,861 79,066 97,958 EBITDA 1,747 7,460 8,063 10,299 EBIT 1,342 7,075 7,465 9,267 Profit before Tax 1,486 7,320 7,606 9,637 NPAT 1,058 6,309 5,663 7,450