Presentation Mercury ASM 2016

Page 1


2016 ANNUAL SHAREHOLDERS’ MEETING.

3 NOVEMBER 2016


JOAN WITHERS. Chair



YOUR BOARD.


AGENDA. Chair’s welcome and overview Chief Executive’s business update Resolutions and voting Other business and questions

2016 ANNUAL SHAREHOLDERS’ MEETING.


HIGHLIGHTS OF THE YEAR.


IMPORTANT MILESTONES.


SHAREHOLDER RETURNS. DIVIDENDS

25

SPECIAL FINAL

CENTS/SHARE

20

INTERIM

15

14%

FY2016 TSR

10 5 0

2012

2013

2014

2015

2016

FINANCIAL YEAR

2016 ANNUAL SHAREHOLDERS’ MEETING.


EBITDAF GUIDANCE. Single point-estimate, rather than range Updates at least twice-yearly at ASM and Interim Results Favourable hydro conditions FY2017 forecast guidance lifted to $495 million

2016 ANNUAL SHAREHOLDERS’ MEETING.


FRASER WHINERAY. Chief Executive


OUR LEADERSHIP TEAM.



BUSINESS AND FINANCIAL PERFORMANCE. Positive safety performance with no high severity incidents Continuing strong customer loyalty Lift in FY2016 operating earnings (EBITDAF) Hydro generation up 16% on FY2015 but below average Geothermal generation reaches a record 2,830GWh

2016 ANNUAL SHAREHOLDERS’ MEETING.









FUTURE OPPORTUNITY.



ORDINARY BUSINESS AND RESOLUTIONS.


RESOLUTION 1. Re-election of Joan Withers

2016 ANNUAL SHAREHOLDERS’ MEETING.


RESOLUTION 2. Re-election of James Miller

2016 ANNUAL SHAREHOLDERS’ MEETING.


VOTING.


QUESTIONS.



MORNING TEA.


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