Annual General Meeting Annual General Meeting Graham Kraehe Graham - PowerPoint PPT Presentation

Annual General Meeting Annual General Meeting Graham Kraehe Graham Kraehe Chairman Chairman 11 November 2005 11 November 2005

Board of Directors Board of Directors RON MCNEILLY KEVIN McCANN RON MCNEILLY TAN YAM PIN KEVIN McCANN TAN YAM PIN Deputy Chairman Non-Executive Director Deputy Chairman Non-Executive Director Non-Executive Director Non-Executive Director GRAHAM KRAEHE DIANE GRADY GRAHAM KRAEHE KIRBY ADAMS DIANE GRADY PAUL RIZZO KIRBY ADAMS PAUL RIZZO Chairman Non-Executive Director Chairman MD & CEO Non-Executive Director Non-Executive Director MD & CEO Non-Executive Director Page 2

Page 3 Notice of Meeting Notice of Meeting

Chairman’s Address Chairman’s Address

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Group Headlines FY2005 Group Headlines FY2005 Revenue A$8 billion Up 38% Despatches 7 million tonnes Up 5% EBIT A$1.4 billion Up 70% NPAT A$1 billion Up 72% EPS $1.37 Up 77% Page 6

Adding Value Through the Chain - Upstream & Downstream Adding Value Through the Chain - Upstream & Downstream Page 7

Key Business Segment Results Key Business Segment Results 2004 2005 Earnings Before Interest and Tax - EBIT Up 132% 1400 1200 1000 A$million 800 600 Up 173% Up 195% 400 200 0 -200 North Star CBP Australia Port Kembla CBP North America CBP Asia New Zealand Page 8

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Key Business Segment Results Key Business Segment Results 2004 2005 Earnings Before Interest and Tax - EBIT Up 132% 1400 1200 1000 A$million 800 600 Up 173% Up 195% Down 21% Down 160% 400 Up 29% 200 0 -200 North Star CBP Australia Port Kembla CBP North America CBP Asia New Zealand Page 10

Coated Building Products Offer Strong Potential Coated Building Products Offer Strong Potential USA USA China China Taiwan Taiwan Vietnam Vietnam Mexico Mexico Thailand Thailand Malaysia Malaysia Brunei Brunei Singapore Singapore India India Vanuatu Vanuatu (under (under development) development) Indonesia Indonesia Fiji Fiji Sri Lanka Sri Lanka New Caledonia New Caledonia New Zealand New Zealand Australia Australia Page 11

Page 12 A Statement of Our Guiding Principles A Statement of Our Guiding Principles

Group Headlines FY2005 Group Headlines FY2005 Final Ordinary Dividend* 24¢ per share Up 33% Special Dividend* 20¢ per share Doubled Total Annual Dividend* 62¢ per share Up 55% A fter tax Return on 25.4% Up 37% Invested Capital Total Shareholder Return 30.0% Up 53% (return on equity) * All fully franked Page 13

Our Goal Remains Zero Harm Our Goal Remains Zero Harm Lost Time Injury Frequency Rate Injuries resulting in lost time per million man- 40 35 35 IISI (2003) 29 30 =9.4 25 hours worked 20 16 14 15 10 8 4.8 4.1 5 3.4 3.4 2.8 1.9 1.8 0.8 0 3 5 7 9 1 3 5 9 9 9 9 0 0 0 9 9 9 9 0 0 0 1 1 1 1 2 2 2 Page 14

Involvement in Our Communities Involvement in Our Communities • Total $2.2 million to community programs during 2004/05 BlueScope Steel Youth Orchestra in Wollongong Pelican Park Aquatic Centre in Hastings Surf Life Saving Australia Tsunami Relief Page 15

What We Did with the $8 billion Revenue What We Did with the $8 billion Revenue Capital investment Wages & $660 million Salaries $1.3 billion Income Tax $310 million $2.2 million to Dividends community programs $340 million included in here Share buyback Suppliers, $330 million Services & Utilities $2.1 billion Page 16

Priority on Capital Management Priority on Capital Management • Since public listing –Total return to shareholders $2.09 per share or around $1.6 billion –$2 billion profit –Represents a 77% ratio –With $660 million reinvested in 2004/05, total investment in the business over $1.5 billion • Anticipate investing $700 million in the 2005/06 year Page 17

Business Development Strategy Business Development Strategy Water China Thailand Downstream PEB / Solutions India Roll-forming NZ, India Vietnam Australia Painted China Indonesia Vietnam NZ, India Metallic Coated Australia, China Midstream Indonesia Thailand Cold Rolled Australia Hot Rolled Coil, Plate Upstream Steelmaking, Slab Page 18

Resolution 3 Resolution 3

Corporate Governance Corporate Governance

Outlook Outlook

Page 22 06 Expected 0.85 1.00 Earnings Per Share $ 1.37 05 04 .78 .57 03 Outlook Outlook

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