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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


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Annual Shareholder Meeting 2016

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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

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Introduction

Dame Jenny Shipley

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Chairman

____

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Your Board of Directors

DAME JENNY SHIPLEY MAURY LEYLAND JOHN LEUCHARS DOUG MCKAY JOANNA PERRY MARK CROSS GRAEME MILNE RUKUMOANA SCHAAFHAUSEN

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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

__

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Your Company

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Strong cash flows are delivering industry- leading yields

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Huntly Power Station: future assured

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Life extension through commercial arrangements is a good

  • utcome for all
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Energy market is rapidly evolving

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Technology is revolutionising the energy sector to give consumers more control

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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

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Business Review

Marc England

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Chief Executive

____

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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

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Strategic direction

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Reimagining Energy video

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Customer focus

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Innovating to create new products and digital services for our customers

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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

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Kupe Oil and Gas Field

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  • Provides a competitive advantage and integrated revenue streams
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Reshaping the Company

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  • Re-organising to be customer and data insights driven
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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

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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

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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
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Questions

Dame Jenny Shipley

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Chairman

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Ordinary business and resolutions

Dame Jenny Shipley

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Chairman

____

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Resolution One

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Election of Maury Leyland

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Resolution Two

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Election of Paul Zealand

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Resolution Three

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  • Election of Timothy Miles

Tim Miles video

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Resolution Four

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  • Directors’ Fees
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Please join us for Morning Tea