2012 Half Year Results Media Presentation - Origin Energy
2012 Half Year Results Media Presentation - Origin Energy
2012 Half Year Results Media Presentation - Origin Energy
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<strong>Origin</strong> has raised additional capital to further strengthen its<br />
balance sheet, improve liquidity and diversify its funding sources<br />
Funding Diversity at 31 December 2011<br />
Funding Diversity at 30<br />
Jun June 2010 1 2010 ($5.6b)<br />
Dec 2011 2 ($9.5b)<br />
Funding Diversity at 31 December<br />
5% 7%<br />
2011<br />
4% 15%<br />
26%<br />
10% 5% 7% 26%<br />
55%<br />
Bank Facilities - Domestic<br />
Bank Facilities European - Domestic Hybrid Issue<br />
European Hybrid Issue<br />
US Private Placement<br />
Senior Unsecured Notes - US Issue<br />
US Private Placement<br />
Senior Unsecured Notes - US Issue<br />
7%<br />
10%<br />
7%<br />
45%<br />
45%<br />
26%<br />
Bank Facilities - International<br />
Bank Australian Facilities Retail -Notes<br />
International<br />
Australian Medium Term Retail Notes Notes<br />
Medium Term Notes<br />
• Given facilities <strong>Origin</strong> has in place, there<br />
is no intention to raise additional equity<br />
for APLNG Train 1 and other committed<br />
projects<br />
• Future funding choices, including<br />
additional equity, will be dependent on:<br />
• Timing of APLNG Train 2 decision<br />
• Final equity share in APLNG<br />
• The quantum and cost of project<br />
finance for APLNG<br />
• Consideration of credit metrics<br />
• Other business activity<br />
Given the success of recent funding initiatives and current committed<br />
obligations, the underwritten DRP will not be exercised and the DRP<br />
discount will be zero for the December 2011 half year dividend<br />
15 |<br />
(1) As at 30 June 2010; excludes Contact<br />
(2) As at 31 December 2011; excludes Contact
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