Annual Shareholder Meeting 2016 Disclaimer This presentation has - - PowerPoint PPT Presentation
Annual Shareholder Meeting 2016 Disclaimer This presentation has - - PowerPoint PPT Presentation
Annual Shareholder Meeting 2016 Disclaimer This presentation has been prepared by Genesis Energy Limited (Genesis Energy) for information purposes only. The information in this presentation is of a general nature and does not purport to
Disclaimer
2016 Annual Shareholder Meeting 2
This presentation has been prepared by Genesis Energy Limited (‘Genesis Energy’) for information purposes only. The information in this presentation is of a general nature and does not purport to be complete nor does it contain all the information required for an investor to evaluate an investment. This presentation may contain projections or forward-looking statements regarding a variety of items. Such forward-looking statements are based upon current expectations and involve risks and
- uncertainties. Actual results may differ materially from those stated in any forward looking statement
based on a number of important factors and risks. Although management may indicate and believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate or incorrect and, therefore, there can be no assurance that the results contemplated in the forward looking statements will be
- realised. EBITDAF, underlying profit and free cash flow are non-GAAP (generally accepted accounting
practice) measures. Information regarding the usefulness, calculation and reconciliation of these measures is provided in the supporting material. Furthermore, while all reasonable care has been taken in compiling this presentation, to the maximum extent permitted by law Genesis Energy accepts no responsibility for any errors or omissions and no representation is made as to the accuracy, completeness or reliability of the information. This presentation does not constitute investment advice
Introduction
Dame Jenny Shipley
#
Chairman
____
Your Board of Directors
DAME JENNY SHIPLEY MAURY LEYLAND JOHN LEUCHARS DOUG MCKAY JOANNA PERRY MARK CROSS GRAEME MILNE RUKUMOANA SCHAAFHAUSEN
Agenda
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1
Your Company
__ Dame Jenny Shipley Chairman
2
Business Review
__ Marc England Chief Executive
4
Resolutions and Voting
__
3
Shareholder Questions
__
Your Company
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Strong cash flows are delivering industry- leading yields
Huntly Power Station: future assured
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Life extension through commercial arrangements is a good
- utcome for all
Energy market is rapidly evolving
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Technology is revolutionising the energy sector to give consumers more control
Commitment to change
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- Customer data and insights
- Well-managed assets
- Healthy balance sheet
- Substantial customer base provides quality data
- Insights-driven product development
- Diverse generation assets in North and South Islands
- Continuing to drive greater operating efficiencies
- Headroom to invest in aligned businesses
- Revenue growth targeted
- Positioning Genesis Energy for a successful future as an enabler of energy
management services
Business Review
Marc England
#
Chief Executive
____
Refreshed Executive Team
NIGEL CLARK NICOLA RICHARDSON JENNIFER CHERRINGTON-MOWAT JAMES MAGILL TRACEY HICKMAN CHRIS JEWELL DEAN SCHMIDT Executive General Manager Customer Operations Executive General Manager People and Culture Executive General Manager Technology and Digital Executive General Manager Product Marketing Executive General Manager Generation and Wholesale Chief Financial Officer Executive General Manager Corporate Affairs and Transformation
Strategic direction
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Reimagining Energy video
Customer focus
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Innovating to create new products and digital services for our customers
Generation performance
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- Optimising our working capital by reducing fuel inventories
200 400 600 800 1000 1200 1400 1600 1800 2011 2012 2013 2014 2015 2016
Coal stockpile
Coal stockpile
Kupe Oil and Gas Field
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- Provides a competitive advantage and integrated revenue streams
Reshaping the Company
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- Re-organising to be customer and data insights driven
Results summary
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- Earnings stable and net profit after tax increased due to revaluations
50 100 150 200 250 300 350 400 450 2012 2013 2014 2015 2016 EBITDAF Net Profit
Strategies that drive long term growth
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- A reorientation toward customers and a focus on value with three themes.
Optimise
The current business
Innovate
To build enduring customer relationship
Invest
In new capabilities and growth
Outlook
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- Q1 FY17 will be focused on embedding new strategy and team
FY17 guidance is provided subject to any material events, significant one off expenses or
- ther unforeseeable circumstances
Questions
Dame Jenny Shipley
#
Chairman
____
Ordinary business and resolutions
Dame Jenny Shipley
#
Chairman
____
Resolution One
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Election of Maury Leyland
Resolution Two
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Election of Paul Zealand
Resolution Three
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- Election of Timothy Miles
Tim Miles video
Resolution Four
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- Directors’ Fees