Agl Energy Limited · ASX:AGL
Agl Energy — Shareholder Meeting (2004)
31 slides from Agl Energy's shareholder meeting presentation, 2004
Slide 1: 2004 Annual General Meeting
2004 Annual General Meeting
Slide 2: Mark Johnson - Chairman
Mark Johnson - Chairman 2
Slide 3: Shareholder Feedback
Shareholder Feedback 3
Slide 4: Tony Daniels - Non-Executive Director
Tony Daniels - Non-Executive Director 4
Slide 5: Graham Reaney - Non-Executive Director & Chairman of Audit Committee
Graham Reaney - Non-Executive Director & Chairman of Audit Committee 5
Slide 6: Sir Ron Brierley - Non-Executive Director
Sir Ron Brierley - Non-Executive Director 6
Slide 7: Carolyn Hewson - Non-Executive Director
Carolyn Hewson - Non-Executive Director 7
Slide 8: Charles Allen - Non-Executive Director
Charles Allen - Non-Executive Director 8
Slide 9: Max Ould - Non-Executive Director
Max Ould - Non-Executive Director 9
Slide 10: Greg Martin - Managing Director
Greg Martin - Managing Director 10
Slide 11: AGL Leadership Team
AGL Leadership Team Gareth Bennett Jeff Dimery Michael Fraser Ross Gersbach Group Manager Group Manager Group Manager Group Manager People & Culture Power Assets Energy Sales & Marketing Infrastructure Investments Greg Martin Managing Director Mark Harper Greg Hayes Jane McAloon Cesare Tizi Group Ma
Slide 12: Annual General Meeting
2004 Annual General Meeting
Slide 13: Key Financial Results
KEY FINANCIAL RESULTS Reported performance 2003 2004 Change EBIT $687.3m $701.0m + 2.0% Profit after tax $295.0m $349.5m + 18.5% Earnings per share 67.3c 76.8c + 14.1% Operating cashflow $542.2m $637.2m + 17.5% Final dividend 29c 31c + 6.9% % franking 62% 74% Full Year dividend 55c 60c + 9.1% % fran
Slide 14: Dividends
Dividends Cents 74.0 Franking 60.0 55.0 51.0 52.0 52.0 45¢ 35¢ 34¢ 23¢ 10¢ 0 2000 2001 2002 2003 2004 14
Slide 15: Annual General Meeting
2004 Annual General Meeting
Slide 16: Purchase of Loy Yang Power
Purchase of Loy Yang Power 16
Slide 17: Sale of NGC Holdings
Sale of NGC Holdings 17
Slide 18: Capital Management
Capital Management 18
Slide 19: Corporate Governance
Corporate Governance 19
Slide 20: Corporate Sustainability
Corporate Sustainability 20
Slide 21: Annual General Meeting
2004 Annual General Meeting
Slide 22: To re-elect Mark Johnson as a Director
Item 2(a) To re-elect Mark Johnson as a Director 22
Slide 23: Item 2(a) - Proxy Votes
Item 2(a) - Proxy Votes To re-elect Mark Johnson as a Director PROXIES For Against Discretionary 141,751,598 17,128,682 20,444,457 Chairman Discretion 18,494,470 23
Slide 24: To re-elect Carolyn Hewson as a Director
Item 2(b) To re-elect Carolyn Hewson as a Director 24
Slide 25: Item 2(b) - Proxy Votes
Item 2(b) To re-elect Carolyn Hewson as a Director PROXIES For Against Discretionary 161,541,587 2,144,887 20,385,169 Chairman Discretion 18,442,754 25
Slide 26: To re-elect Max Ould as a Director
Item 2(c) To re-elect Max Ould as a Director 26
Slide 27: Item 2(c) - Proxy Votes
Item 2(c) - Proxy Votes To re-elect Max Ould as a Director PROXIES For Against Discretionary 162,526,934 980,097 20,454,354 Chairman Discretion 18,528,339 27
Slide 28: Approve acquisition of rights by Managing Director Greg Martin
Item 3 To approve the acquisition of rights by Managing Director, Greg Martin, to acquire up to a maximum of 65,223 shares in The Australian Gas Light Company, under the Long Term Incentive Plan in respect of the financial year ended 30 June 2004 28
Slide 29: Long Term Incentive Plan
Long term Incentive Plan Funds employed Funds x employed x Cost of EBITDA capital Cost of EBITDA 2004 growth in capital economic profit Economic Economic Profit Profit 2003 2004 Growth in economic profit Long term incentive pool = X 15% averaged over 3 prior years (payment deferred over 3 year perio
Slide 30: Item - Proxy Votes
Item 3 - Proxy Votes To approve the acquisition of rights by Managing Director, Greg Martin, to acquire up to a maximum of 65,223 shares in The Australian Gas Light Company, under the Long Term Incentive Plan in respect of the financial year ended 30 June 2004 PROXIES For Against Discretionary 102,8
Slide 31: Annual General Meeting
2004 Annual General Meeting