Jimblebar Preliminary results 2014 financial year Andrew Mackenzie Chief Executive Officer Graham Kerr Chief Financial Officer 19 August 2014
New South Wales Energy Coal Escondida Preliminary results 2014 financial year Andrew Mackenzie Chief Executive Officer 19 August 2014
Delivering on our commitments Exceeded production guidance for a number of our core commodities Another US2.9 billion of productivity-led gains embedded with more to come Capital and exploration expenditure declined by 32% to US15.2…
Keeping our people and operations safe Total Recordable Injury Frequency (TRIF) (number of recordable injuries per million hours worked) 10 8 down 51% 6 4 2 0 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14…
Strong financial results Underlying EBITDA of US32.4 billion, up 7% Underlying attributable profit of US13.4 billion, up 10% Net operating cash flow of US25.4 billion, up 26% Capital and exploration expenditure1 of US15.2 billion,…
Exceeded guidance for our core commodities Group production1 increased by 9% in FY14 Production records achieved at 12 operations (production volumes, % change, FY14 versus FY13) record Western Australia Iron Ore (WAIO) production of…
Positioned for another year of record production The ramp-up of major growth projects and our Production3 growth of 16% productivity agenda will deliver another year of (FY13 to FY15, %) record performance in FY15 20 iron ore…
Seeking a continual improvement in performance Unique systems, processes and our Utilising the power of big data organisational design allow us to deploy best (truck utilisation1, %) practice across the Group We are generating and…
Targeting low-cost growth at WAIO to 290 Mtpa We have more than doubled annual iron ore Maximising return on invested capital production in the Pilbara over the last (WAIO production1, Mtpa) decade through a series of major 300…
Shenzi Preliminary results 2014 financial year Graham Kerr Chief Financial Officer 19 August 2014
Successfully managing the factors we control Underlying EBIT variance (US billion) 30.0 1.9 22.9 1.0 (0.1) (0.0) 22.9 1.9 1.8 (2.1) (0.2) 20.5 20.0 (0.8) (3.4) 10.0 0.0 Growth volumes energy Exchange…
Petroleum & Potash: growing liquids production The average realised price of natural gas across our portfolio increased by 16% Significant growth at Onshore US and Atlantis contributed to an 18% increase in high-margin liquids…
Copper: lowering unit costs despite grade decline Weaker base metal prices, including a 5% decline in the average realised price of copper, significantly impacted profitability Insourcing initiatives and the optimisation of contractor…
Iron Ore: delivering capital efficient growth Our average realised price of iron ore declined by 6% to US103 per wet metric tonne (FOB) in FY14 WAIO achieved a fourteenth consecutive annual production record and exported 223 Mt1 of…
Coal: moving sharply down the cost curve A 24% reduction in unit cash costs at Queensland Coal largely offset the impact of lower prices, which included a 20% decline for our hard coking coal products Non-cash charges include an…
Aluminium, Manganese & Nickel: leading the way on productivity Nickel and aluminium prices rallied towards the end of FY14 but remained lower on average for the period We continued to debottleneck our operations while reducing…
Another US2.9 billion of productivity-led gains Productivity-led volume and cost efficiencies (US billion) 4.0 Target We exceeded our target by US1.1 billion 3.0 0.7 2.9 0.4 2.0 0.4 1.8 0.8 1.0 0.6 0.0 Productivity…
Selective investment and strong growth in free cash flow We successfully completed six major capital Increasing competition for capital projects in FY14 (capital and exploration expenditure1, US billion) 25 expansion of Jimblebar…
Our balance sheet is strong and getting stronger We achieved a US1.7 billion reduction in Our solid A balance sheet net debt in FY14 to US25.8 billion (net debt, US billion) 29 finance leases totaling US757 million 28 were brought…
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