Mineral Resources Limited · ASX:MIN
Mineral Resources — H1 FY2014 Earnings Presentation
24 slides from Mineral Resources's earnings presentation, Feb 13, 2014
Slide 1: FY2014 Half Year Results Investor Presentation
7 Sar Mineral Resources Limited (ASX:MIN) Ss RESOURCES Integrated Mining Services FY2014 HALF YEAR RESULTS Investor Presentation
Slide 2: For personal use only
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Slide 3: Mineral Resources Limited overview
Mineral Resources Limited (MRL] is a Perth based integrated mining services provider, commodity producer and infrastructure company MRL ts an ASX100 Company with a market capitalisation of over $2 billion The Total Shareholder Return since listing in July 2006 is 1,471% The business was founded in 1
Slide 4: Half year financial summary
For personal use only 2013 2014 ($m) % Change • First Half First Half Revenue 498.1 928.4 86% • EBITDA 145.1 305.1 110% EBIT 92.4 198.8 115% Profit before tax 89.8 190.2 112% NPAT 62.3 130.4 109% • Operating cashflow 93.3 367.6 294% • Earnings Per Share (cents) 34.1 70.2 106% Dividends Per Share (ce
Slide 5: Movement in PBT HY2013 to HY2014
For personal use only Movement in PBT HY2013 to HY2014 100 80 60 40 20 0 -20 -40 -60 -80 Change in Increased Change in Fe Change in Fe Margin Other depreciation contracting volume price improvement / volume cost savings • – •
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Slide 9: Accommodation in WA rooms under management
For personal use only Number of rooms under management • 1,200 • 900 600 300 - • 2011 2012 2013 HY2014 Accomodation in WA Externally • managed rooms in WA Internally managed rooms in WA
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Slide 12: Export tonnes volume growth
For personal use only Export Tonnes Volume Growth (wmt) 10 5 Port Hedland Poondano 0 Spinifex 2009 2010 2011 2012 2013 2014 Half Year 2014 FYTarget map Ridge Iron Valley Phil’s Creek Export Volumes First Half Second Half Total First Half (‘000 WMT’s) 2012-13 2012-13 2012-13 2013-14 Iron ore Phil’s C
Slide 13: Carina
\ FY2014 HALF YEAR RESULTS CARINA Carina Iron Ore operations shipped a record 2.4wmt for the half, [up 55% from the previous © half] with 50 vessels loaded at OD) Kwinana berth — = a Rail achieved 2.3wmt for the @) : e period, which was also a record or = ———-, Gia | Stage 2 [cut back] of the Carina
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Slide 16: Environmental Approvals
FY2014 HALF YEAR RESULTS Environmental Approvals | = = er SR YILGARN REGION e J5, Bungalbin East mining project approvals y ; d \ to be referred to the State and Commonwealth government departments by Q3 FY2014 ° Carina Extended has been approved a Hunt Range ‘Chameleon Carina Extended * Environment
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Slide 18: Business model and strengths
¢ Mining services comprising contract crushing, site accommodation and mine infrastructure ¢ Commodity mining and exporting of iron ore and manganese Corporate strength supports major business opportunities Extensive spares and consumables inventory supports traditional balance sheets assets e Recog
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Slide 22: Revenue, EBITDA and EPS history
For personal use only Revenue ($m) EBITDA ($m) 1,200.0 500 1,000.0 400 800.0 300 600.0 200 400.0 200.0 100 - 0 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 2014 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 2014 interim interim Earnings Per Share (cents) 120 100 80 60 40 20 0 FY2007 FY2008 FY
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Slide 24: Disclaimer
This presentation has been prepared by Mineral Resources Limited (“MRL” or “the Company”).It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement