Contact Energy Limited · NZX:CEN
Contact Energy — Shareholder Meeting (October 2005)
44 slides from Contact Energy's shareholder meeting presentation, Oct 12, 2005
Slide 1: Contact
Fr: CONTACT
Slide 2: Annual Meeting 12 October 2005
Annual Meeting 12 October 2005
Slide 3: Grant King - Chairman
Grant King - Chairman Contact
Slide 4: David Hunt - Chief Executive
David Hunt - Chief Executive Contact
Slide 5: Phil Pryke - Deputy Chair
Phil Pryke - Deputy Chair CS Contact
Slide 6: Bruce Beeren - Director
Bruce Beeren - Director Contact
Slide 7: John Milne - Director
John Milne - Director Contact
Slide 8: Karen Moses - Director
Karen Moses - Director CS Contact
Slide 9: Tim Saunders - Director
Tim Saunders - Director Contact
Slide 10: Ross O’Neill - General Counsel
Ross O’Neill - General Counsel
Slide 11: Meeting Agenda
Meeting Agenda • Chairman’s Introduction • Chief Executive’s Review • Financial Statements • Shareholder Questions • Resolutions 1 to 5
Slide 12: Contact
Fr: CONTACT
Slide 13: Chairman’s Address
F, CONTACT Chairman’s Address
Slide 14: Net Surplus and EBITDA
$m 0 50 100 150 200 1999 2000 2001 2002 2003 2004 Net surplus after tax 2004 (9 months) 2005 (9 months) $m 0 50 100 150 200 250 300 350 400 450 500 1999 2000 2001 2002 Net Surplus and EBITDA EBITDA 2003 2004 2004 (9 months) 2005 (9 months)
Slide 15: Contact
Fr: CONTACT
Slide 16: Dividends
Dividends 30 Special and Final 25 Interim 20 Relates to nine cents per share month period only 15 10 5 0 months) 1999 2000 2001 2002 2003 2004 2005 (9
Slide 17: Dividend Policy Review
Dividend Policy Review “To maintain or grow dividends on a year-to- year basis whilst targeting an average net surplus payout of approximately 80 percent over time.”
Slide 18: Contact
Fr: CONTACT
Slide 19: Governance
Governance • Board assessment • Individual assessment - Phil Pryke and John Milne • Chief Executive appointment
Slide 20: Contact
Fr: CONTACT
Slide 21: Contact Energy Gas Supply
Contact Energy Gas Supply Contact Energy Gas Supply - as at 1 July 2005 70.0 60.0 50.0 40.0 PJ/Annum 30.0 20.0 10.0 0.0 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 FY ending 30 June Small contracts Shell/OMV Maui
Slide 22: Contact
Fr: CONTACT
Slide 23: Chief Executive’s Review
F, CONTACT Chief Executive’s Review
Slide 24: Taranaki Combined Cycle
Taranaki Combined Cycle el — = Zz = Zz - aN, RS Sc \Z Contact
Slide 25: Contact Today
Contact Today • New Zealand’s second largest listed company • 800 staff in New Zealand and Australia • Around 95,000 shareholders • Market capitalisation of around $NZ4.3 billion • 27% of generation capacity • 50% thermal • 15% geothermal • 35% hydro • 28% of electricity retail market • 40% of gas r
Slide 26: Clutha River Hydro
Clutha River Hydro Contact
Slide 27: Retail Brand Presence
Retail Brand Presence GS CONTACT Positive Energy emp we r NO c Contact
Slide 28: Contact
Fr: CONTACT
Slide 29: Contact’s Permit Area
Contact’s Permit Area Contact permit are 38493 Pohokura New Plymouth @ Icc wa Maui A&B_@ @ Kupe @ (Ss Contact
Slide 30: Contact
Fr: CONTACT
Slide 31: Competitive Generation Market
Competitive Generation Market 2005 - 2015: All Possible Supply 30,000 25,000 20,000 GWh 15,000 10,000 5,000 - Additional supply Additional demand
Slide 32: Contact
Fr: CONTACT
Slide 33: Financial Statements
F: CONTACT Financial Statements
Slide 34: Shareholder Questions
F, CONTACT Shareholder Questions
Slide 35: Resolutions
F: CONTACT Resolutions
Slide 36: Voting Form
Voting Form Vote here Sign here
Slide 37: Proxy Form
Proxy Form CONTACT ENERGY LIMITED ANNUAL MEETING 12/10/05 PROXY VOTING PAPER Proxy Holder: JOE BLOGGS NOTE: Please allocate the ‘proxy discretion’ votes, if any, For or Against the resolution or Abstain Resolution For Against Abstain 1 FIX AUDITORS’ REMUNERATION xxxxxx xxxxxx Proxy Discretion xxxxxx
Slide 38: Resolution 1: Auditors
Resolution 1: Auditors “That Contact’s Board of Directors be authorised to fix the auditors’ remuneration.”
Slide 39: Resolution 2: Re-election of Director
Resolution 2: Re-election of Director “That Phillip Pryke be re-elected as a director of Contact.”
Slide 40: Resolution 3: Re-election of Director
Resolution 3: Re-election of Director “That John Milne be re-elected as a director of Contact.”
Slide 41: Resolution 4: Shareholder Proposal
Resolution 4: Shareholder Proposal Resolution 4, proposed by Mr Bulling, is: “That at the 2005 AGM the Board of Directors record its position and policy in relation to the making of donations to political parties, in response to the expressed wishes of the overwhelming majority of shareholders who r
Slide 42: Resolution 5: Shareholder Proposal
Resolution 5: Shareholder Proposal Resolution 5, proposed by Mr Bulling, is: “That the Board of Directors develop and adopt an objective and measurable policy and set of guidelines regarding the total acceptable workload and number of directorships that directors may have. The development of this po
Slide 43: Conclusion
F: CONTACT Conclusion
Slide 44: Contact
Fr: CONTACT