Aurizon Holdings Ltd. · ASX:AZJ
Aurizon — Corporate Update (May 2019)
9 slides from Aurizon's corporate update, May 2019
Slide 1: UT5 – Commercial agreements reached with customers
UT5 – Commercial agreements reached with customers Andrew Harding – MD & CEO Michael Riches – Group Executive Network May 2019
Slide 2: Disclaimer
UT5 – COMMERCIAL AGREEMENTS Disclaimer NO RELIANCE ON THIS DOCUMENT NO OFFER OF SECURITIES This document was prepared by Aurizon Holdings Limited (ACN 146 335 622) (referred to Nothing in this presentation should be construed as a recommendation of or an offer to sell or a as “Aurizon” which include
Slide 3: Overview
UT5 – COMMERCIAL AGREEMENTS Overview Aurizon Network (Aurizon) has signed implementation deeds with customers, representing more than 90% of total railed coal tonnes in CQCN, to submit a DAAU1 to the QCA Final Decision. If approved, this will deliver a range of material benefits to Aurizon and its c
Slide 4: Components of the Undertaking – Return on Capital
UT5 – COMMERCIAL AGREEMENTS Components of the Undertaking – Return on Capital Under the DAAU there is a step up in WACC subject to achievement of predefined milestones. Certain variable components of WACC will be reset on 1 July 2023 to take account of prevailing market conditions at that time INDIC
Slide 5: Components of the Undertaking
UT5 – COMMERCIAL AGREEMENTS Components of the Undertaking UT5FD will apply until the DAAU approval date. From the DAAU approval date building blocks under the agreements are outlined below TERM / UT5FD CUSTOMER AGREEMENTS BUILDING BLOCK › UT5FD – FY2018 to DAAU approval date Term of undertaking FY20
Slide 6: Components of the Undertaking
UT5 – COMMERCIAL AGREEMENTS Components of the Undertaking UT5FD will apply until the DAAU approval date. From the DAAU approval date building blocks under the agreements are outlined below BUILDING BLOCK UT5FD CUSTOMER AGREEMENTS FY2018 $190m › FY2020 & FY2021 – allowance is equal to the UT5FD FY201
Slide 7: Customer engagement
UT5 – COMMERCIAL AGREEMENTS Customer engagement Negotiations with customers have been ongoing over an extended period, culminating in the execution of implementation deeds covering more than 90% of total railed coal tonnes in CQCN Aurizon has been working with customers to understand their key objec
Slide 8: Next steps in the process
UT5 – COMMERCIAL AGREEMENTS Next steps in the process Aurizon will lodge a DAAU with the QCA › Customers to lodge agreed letters of support with QCA within the next week › QCA to issue DAAU for consultation with stakeholders › Expected time period 4 to 8 weeks › QCA to issue either a Draft or Final
Slide 9: Contact and further information
Contact and further information Chris Vagg Kath Clapham Head of Investor Relations & Group Treasurer Manager Investor Relations [email protected] [email protected] +61 7 3019 9030 +61 7 3019 9044 ASX: AZJ US OTC: AZNNY