Aurizon Holdings Ltd. · ASX:AZJ
Aurizon — QR National — Shareholder Meeting (November 2011)
26 slides from Aurizon's shareholder meeting presentation, Nov 10, 2011
Slide 1: QR National Limited – Annual General Meeting Addresses
Dominic D Smith SVP & Company Secretary QR National Limited ABN 14 146 335 622 Level 14, 305 Edward Street Brisbane QLD 4000, Australia GPO Box 456 Brisbane QLD 4001, Australia T +61 7 3235 1976 F +61 7 3235 2188 [email protected] 10 November 2011 Company Announcements Office Austra
Slide 2: Chairman's Annual General Meeting Speech
Annual General Meeting Speech John B Prescott AC (Chairman QR National) Brisbane Convention and Exhibition Centre, Thursday 10 November 2011 Good morning Ladies and Gentlemen. It gives me great pleasure to welcome you to QR National’s inaugural Annual General Meeting. As we gather in Brisbane today,
Slide 3: FY11 results and flood impact
These once-in-a-century events had a devastating impact on many in this State and our coal industry customers, in particular, faced a significant setback. Our rail infrastructure withstood the onslaught remarkably well, with the Company moving very quickly to restore operations and reopen the Centra
Slide 4: Growth projects: GAP Expansion and Wiggins Island
Our flagship growth project — the $1.1 billion Goonyella to Abbot Point (GAP) Expansion in Central Queensland — progressed on schedule and on budget despite the challenges posed by the wet. In fact, the first train is anticipated to run across the Northern Link on the 19th of December, ahead of the
Slide 5: Coal and iron ore outlook; acknowledgements
While traditionally Japan and Korea have been the largest consumers of Queensland coal, the incredible growth we are now seeing from the Chinese and Indian economies will underpin the next phase of Australia’s mining boom. Over the medium to long-term, conditions bode well for Australian exports of
Slide 6: The Nation's Largest IPO in a Decade
THE NATION’S LARGEST IPO IN A DECADE
Slide 7: Total Shareholder Return
TOTAL SHAREHOLDER RETURN 30/06/2011 $150 $138 $135 $140 Assumes QRN day 1 starting share price for retail $130 investors of $2.45 $120 $110 $100 $93 $100 $90 $80 22/11/2010 22/01/2011 22/03/2011 22/05/2011 22/07/2011 22/09/2011 31/10/2011 QR National ASX100 Index
Slide 8: Recovery from Floods and Cyclone
RECOVERY FROM FLOODS AND CYCLONE Comet River on mainline of the Blackwater System, approx. 40km east of Emerald
Slide 9: FY11 Results
FY11 RESULTS (1) Underlying results differ from the Group’s statutory results. Refer reconciliation to statutory earnings on page 129 of the Annual Report.
Slide 10: Growth and Transformation
GROWTH AND TRANSFORMATION A ballast train completing track work on the Northern Missing Link
Slide 11: Outlook
OUTLOOK QR NATIONAL.
Slide 12: Mr Peter C Kenny
MR PETER C KENNY
Slide 13: CEO's Annual General Meeting Speech
Annual General Meeting Speech Lance E Hockridge (MD & CEO QR National) Brisbane Convention and Exhibition Centre, Thursday 10 November 2011 Thank you Chairman. It’s a great pleasure to be here at our Company’s first AGM and I join John in welcoming you as shareholders of QR National. [Slide – QR Nat
Slide 14: Strategic Priorities
We have the scale, size and integration that are hallmarks of the best freight railroads in the world, especially the Class 1 railroads of North America. These are the same North American railroads that have set the global benchmarks for customer service, operational excellence and shareholder retur
Slide 15: Hunter Valley coal haulage
Nowhere is this more apparent than our coal haulage business. During 2010/11, an additional $93 million was created through contract renewals, incentives and performance bonuses. There are a range of cost, efficiency and productivity programs under way in the Company. [Slide – Hunter Valley] Our Hun
Slide 16: Iron ore, Pilbara and Galilee opportunities
As I mentioned before, we are one of the few companies offering a full suite of railway capability. This includes expertise in infrastructure construction and management; heavy haulage train operations; and a track record of running multi-user railways. While our iron ore business is currently focus
Slide 17: FY2012 coal haulage volume outlook
Our customers are working towards improvement over the next three months subject to wet season outcomes, however it is likely that full year coal haulage volumes will be reduced from the Offer Document estimates. Our current view is that we will achieve total coal haulage volumes within a range of 2
Slide 18: QR National's Journey
QR NATIONAL’S JOURNEY GOC to ASX LISTED COMPANY TRANSFORMATION GROWTH
Slide 19: Topics Covered
vopics sovereD > senariona,. NATIONAL.
Slide 20: QR National's Key Operations
QR NATIONAL’S KEY OPERATIONS Coal Freight Network Services Largest coal haulage National transporter of Network – 2,300km of operator in Australia bulk mineral commodities track across four coal rail (including iron ore), systems in Central agricultural, mining and Queensland industrial produc
Slide 21: Strategic Priorities
STRATEGIC PRIORITIES Safety Revenue Quality Cost, Efficiency & Productivity Capital Efficiency Growth
Slide 22: Transformation Gaining Traction
TRANSFORMATION GAINING TRACTION Safety performance
Slide 23: Hunter Valley out performance
TRANSFORMATION GAINING TRACTION Hunter Valley out performance QR National Coal – Hunter Valley Volumes /Market share Volume (LHS), Market share (RHS) 45 ~30% 30 40 22% 25 Million tonnes per annum 35 30 18% 20 Percent (%) 25 14% 14% 15 20 15 10 10 5 5 0 0 FY08 FY09 FY10 FY11 FY12e
Slide 24: More than 70mtpa of Committed Additional System Capacity
MORE THAN 70MTPA OF COMMITTED ADDITIONAL SYSTEM CAPACITY
Slide 25: Diversification through Iron Ore
DIVERSIFICATION THROUGH IRON ORE GROWTH Million tonnes per annum
Slide 26: Outlook
>» QR NATIONAL. 4 OUTLOOK