APA Group · ASX:APA
APA — Ethane Pipeline Income Fund (APA Ethane Limited) — Investor Presentation (November 2010)
16 slides from APA's investor presentation, Nov 26, 2010
Slide 1: ASX Release: Investor meeting presentation
ASX RELEASE 26 November 2010 The Manager Company Announcements Office Australian Securities Exchange 4th Floor, 20 Bridge Street Sydney NSW 2000 Electronic Lodgement Dear Sir or Madam Company Announcement I attach the following announcement for release to the market: • Investor meeting presentation
Slide 2: Investor Meeting 26 November 2010
Investor Meeting 26 November 2010
Slide 3: Introductions and Agenda
Introductions and Agenda Introductions – Board of APA Ethane Limited, the Responsible Entity for EPX • Robert Wright – Non-Executive Director, Chairman • Dr Rick Coles – Non-Executive Director • Steven Crane – Non-Executive Director – Management • Sam Pearce – Fund Manager • Mark Knapman – Company S
Slide 4: Brief Overview
Brief Overview Principal Activity – Investment in the Moomba to Sydney Ethane Gas Pipeline, through wholly owned subsidiary, Gorodok Pty Limited – Pipeline – 1375km in length, running through regional NSW as well as the urban areas from Wilton into Botany Commercial Arrangements – Pursuant to a long
Slide 5: Market Performance over past 12 months
Market Performance over past 12 months EPX price and volume November 2009 - October 2010 $1.70 350,000 $1.60 300,000 $1.50 250,000 $1.40 200,000 volume price $1.30 150,000 $1.20 100,000 $1.10 50,000 $1.00 0 0 0 9 10 0 0 0 0 0 9 9 0 -1 -0 -1 -1 -0 -1 -1 -1 -0 -1 -1 n- l ug n ov ay ar pr eb ep ct ec -
Slide 6: Distributions in FY11 (year to date)
Distributions in FY11 (year to date) FY11 Distributions In FY11, EPX has announced Period Date Paid Amount distribution for quarter ending Sept 10 Per of 3.90 cents per security Security Today, EPX has announced the (cents) distribution for the period ending Dec July 10 - Sept 10 15 Oct 10 3.90 10 o
Slide 7: FY10 Results
FY10 Results Statutory Results FY10 Distributions $’000 % Period Date Amount Per Change Paid Security Revenue 25,518 1.7 ▲ (cents) Net Profit After Tax 6,610 17.7 ▲ July 09 - Sept 09 15 Oct 09 3.39 Operating Cash Flow 16,229 12.2 ▲ Oct 09 - Dec 09 15 Jan 10 3.39 Operating Cash 23.4 cents 17.0 ▲ Jan
Slide 8: Key Issues
Key Issues Repayment of Investec $20m Debt Facility $20m repaid in instalments from Dec 10 Expected to be finalised in Dec 12. Final repayment due in Dec 12 Non Routine Operating Costs Supervising 3rd party work in State Rail (SRA) land Required to ensure public safety and to maintain pipeline integ
Slide 9: Ethane Pipeline – Wilton to Port Botany
Ethane Pipeline – Wilton to Port Botany Presentation 8
Slide 10: Ethane Pipeline – mine subsidence
Ethane Pipeline – mine subsidence Presentation 9
Slide 11: Ethane Pipeline – through Sydney
Ethane Pipeline – through Sydney Presentation 10
Slide 12: Ethane Pipeline – SRA quadruplication project
Ethane Pipeline – SRA quadruplication project Presentation 11
Slide 13: Ethane Pipeline Scraper Station
Ethane Pipeline Scraper Station Ethane Pipeline 200 mm diameter Presentation 12
Slide 14: Bulla Park Pump Station
Bulla Park Pump Station Ethane Pump Station From Moomba To Sydney Presentation 13
Slide 15: Question & Answer Session
Question & Answer Session Questions on notice Questions at the meeting Presentation 14
Slide 16: Disclaimer
Disclaimer The information contained in this presentation is given without any liability whatsoever to Ethane Pipeline Income Trust or Ethane Pipeline Income Financing Trust or any of its related entities (collectively “Ethane Pipeline Income Fund”) or their respective directors or officers, and is
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