Afrimat Limited · JSE:AFT
Afrimat — African Mining Investors presentation (February 2015)
21 slides from Afrimat's conference presentation, Feb 11, 2015
Slide 1: Presentation to African Mining investors, 11 February 2015
Andries van Heerden | Chief Executive Officer | Afrimat Limited Presentation to African Mining investors, 11 February 2015
Slide 2: Afrimat group overview
Afrimat group overview A supplier of quality materials sourced from our quarries and open pit mines Strategically diversified through product range, target market and location 2
Slide 3: What we do
WHAT WE DO Quarrying : aggregates Open pit mining : industrial minerals Concrete brick & block making Readymix concrete 3
Slide 4: Quarrying: aggregates
Quarrying: aggregates 4
Slide 5: Open pit mining: industrial minerals
Open pit mining : industrial minerals 5
Slide 6: Concrete brick & block making
Concrete brick & block making 6
Slide 7: Readymix concrete
Readymix concrete < = 4 ims <
Slide 8: Company strategy
Company strategy Open pit mining Locally priced commodities Unique competitive advantage Geographic location Unique metallurgy Structural cost advantage Highly entrepreneurial Value added to certain products 8
Slide 9: Afrimat's portfolio and footprint
Afrimat’s portfolio and footprint … portfolio … and footprint MINING & AGGREGATES Commercial quarries (23) Sand and gravel mines (7) Dolomite mines (2) Clinker (3) Limestone mine (1) Silica mine (1) Mobile crushing Drilling & blasting CONCRETE BASED PRODUCTS Concrete brick & block factories (9) Read
Slide 10: Revenue and operating profit
Revenue and operating profit Revenue (R’000) Contribution from operations (R’000) 240 000 1 800 000 220 000 1 600 000 200 000 969 316 119 362 1 400 000 180 000 1 200 000 160 000 666 236 140 000 1 000 000 76 860 120 000 489 420 800 000 62 334 455 874 398 622 100 000 45 868 1 030 098 600 000 931 871 8
Slide 11: Headline earnings per share
Headline earnings per share Interim period HEPS (cents per share) 70.0 61.1 60.0 CAGR 19.6% 2010 - 2014 49.3 50.0 40.0 35.0 29.9 29.8 30.0 20.0 10.0 - 2010 2011 2012 2013 2014 11
Slide 12: Statement of financial position - assets
Statement of financial position - assets Unaudited Unaudited Audited R’000 Aug 2014 Aug 2013 Feb 2014 Property, plant and equipment 709 070 654 808 662 306 Mining rights and goodwill 154 553 157 423 155 901 Inventories 138 036 103 404 112 965 Trade and other receivables 335 305 309 064 305 967 Cash
Slide 13: Statement of financial position - equity & liabilities
Statement of financial position - equity & liabilities Unaudited Unaudited Audited R’000 Aug 2014 Aug 2013 Feb 2014 Total equity 864 072 795 518 837 963 Borrowings 152 907 187 873 171 038 Provisions 63 530 60 416 55 860 Overdraft 85 353 57 856 51 451 Trade and other liabilities 273 360 265 376 265 7
Slide 14: Dividends
Dividends 14 13 12 11 10 8 8 6 6 6 4 2 0 2010 2011 2012 2013 2014 14
Slide 15: Our market
OUR MARKET 15
Slide 16: SA age of national road network
SA age of national road network Source StanLib 16
Slide 17: Paved network condition: Summary 2013
Paved network condition: Summary 2013 Source: SABITA 17
Slide 18: Provincial and SANRAL's expenditures on roads trend
Provincial and SANRAL’s expenditures on roads trend Source: SABITA 18
Slide 19: Risk mitigation
Risk mitigation • Drive to create a unique and positive culture Labour unrest • Communication and upliftment • BEE share scheme • Seeking opportunities outside of SA Country risk in • Eyes wide open in South Africa South Africa • Payments terms strictly monitored Steel industry under • No single dom
Slide 20: Share price history
0 200 400 600 800 1000 1200 1400 1600 1800 2000 2010/01/01 2010/03/01 2010/05/01 2010/07/01 2010/09/01 2010/11/01 2011/01/01 2011/03/01 2011/05/01 2011/07/01 2011/09/01 2011/11/01 2012/01/01 2012/03/01 2012/05/01 2012/07/01 2012/09/01 2012/11/01 2013/01/01 Afrimat closing share price (cps) 2013/03/0
Slide 21: Q&A
Q&A Thank you for your attendance and participation www.afrimat.co.za For any further Investor Relations questions please contact: Andries van Heerden (CEO): 021 917 8840 or Vanessa Rech (Keyter Rech Investor Solutions): 011 447 8656 21
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