CJL UBS conference Nov 2003 presentation - BHP/media/bhp/documents/... · Growth – from project...
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BHP Billiton BHP Billiton Stability, Growth, Value
Transcript of CJL UBS conference Nov 2003 presentation - BHP/media/bhp/documents/... · Growth – from project...
BHP Billiton BHP Billiton Stability, Growth, Value
Stability – from Tier 1 assets
North West Shelf
Stability – from Tier 1 assets
Bass Strait
Stability – from Tier 1 assets
Pilbara Iron Ore
Stability – from Tier 1 assets
Queensland Coal
Stability – from Tier 1 assets
Ingwe Coal
Stability – from Tier 1 assets
Cannington
Stability – from Tier 1 assets
Escondida
Stability – from Tier 1 assets
Worsley
Stability – from Tier 1 assets
2001
200 2
200 3
2 004
200 5
2006
2 007
2008
2009
2010
201 1
2012
201 3
201 4
2015
2 016
201 7
2018
2 019
2020
2021
202 2
W o r s l e y
E s c o n d id a
C a n n i n g t o n
In g w e C o a l
Q u e e n s la n d C o a l
P il b a ra I ro n O re
B a s s S t r a it
N o rt h W e s t S h e lf
2 001
200 2
200 3
2 004
200 5
2006
2 007
2008
2009
2010
201 1
2012
201 3
201 4
2015
2 016
201 7
2018
2 019
2020
2021
202 2
W o r s l e y
E s c o n d id a
C a n n i n g t o n
In g w e C o a l
Q u e e n s la n d C o a l
P il b a ra I ro n O re
B a s s S t r a it
N o rt h W e s t S h e lf
EBIT from the above assets represented 67% of EBIT in FY 2003 EBIT from the above assets represented 67% of EBIT in FY 2003
Carbon Steel Materials
27%
Petroleum31%
Energy Coal5%
Aluminium15%
Diamonds & Specialty Products
10%
Base Metals8%
Stainless Steel Materials4%
By CommodityCustomer Sector Group EBIT:
Data for year ended 30 June 2003
Stability – from the portfolio
Stability – from the portfolio By GeographyNet Operating Assets:
Data for year ended 30 June 2003
South America 30%
Australia33%
Southern Africa 21%
North America9%
Rest of World 7%
Stability – from the portfolio
Europe32%
Other Asia13%
North America 14%
Japan14%
Rest of World 10%
Australia10%
Data for year ended 30 June 2003
China7%
By MarketSales:
Stability – from the portfolio
0.00.20.40.60.81.01.21.4
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1FY2002 FY2003 FY2004
Average US$1.257 billion
US$ bn EBITDA
Growth – from project pipeline
2004 2005CY2003 2006 2007
B R O W N F I E L D
G R E E N F I E L D
MountArthur North
MountArthur North
Dendrobium
YabuluR’thorpeYabulu
R’thorpe
AtlantisAtlantisSpenceSpence
OhanetOhanet
Minerva
Esc’daNorte
Esc’daNorte
Angostura
RODROD
Hillside 3Hillside 3
MadDogMadDog
Area CArea C
Esc’daSulphideEsc’da
Sulphide
CerrejonExp’n
PACEPACE
Paranam
WAIO Acc
Exp’n
BroadmeadowGoM
Infrastr.
Klipspruit
Size of bubble indicatesproposed capital expenditure; bold outer border signifies sanctioned project
$US 200m$US 200m
Energy CoalNickel
Aluminium
Carbon SteelBase Metals
Petroleum
NWS4th Train
NWS4th Train
Creating value
BHP Billiton Mkt Cap: (Mar 01) US$ 28.1bn (Nov 03) US$ 49.3bn
10152025303540455055
10152025303540455055
Pre-mergerproforma
March 2001 June 2002 Nov 2003
US$ bn US$ bn
Strategic focus
ConclusionStabilityStability GrowthGrowth ValueValue
