2012 Half Year Results Media Presentation - Origin Energy

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APLNG 100% capital expenditure for the half year was $2.5 billion … APLNG Capital Expenditure for the half year to Dec 11 A$m Upstream Downstream Total Development expenditure 852 1,550 2,402 Exploration & appraisal 91 - 91 Total 943 1,550 2,493 <strong>Origin</strong> cash contribution 173 • APLNG capital expenditure in the table above includes: - CSG to LNG export project (total US$14 billion based on forward exchange rates assumed at the time of APLNG FID 1) - domestic operations - capitalised pre-LNG operating and maintenance costs - development of gas to supply third party LNG projects - exploration and appraisal activities • Over 2/3 of costs based in AUD, with balance primarily in USD. • Due to movements in foreign exchange rates total project cost have increased when expressed in USD and decreased if expressed in AUD APLNG FID 1 LNG project costs by currency AUD USD EUR 40 | … with expected capital expenditure in line with currency splits at the time of FID for the first phase of the project
Contact <strong>Energy</strong> ‣ Underlying EBITDA up 1% to $182 million ‣ Flexibility delivering savings benefits ‣ Low hydro volumes and high retail competition ‣ Te Mihi and Enterprise Transformation projects on track ‣ Balance Sheet strengthened ($m) 200 160 Underlying EBITDA 180 182 Total Assets less Segment Liabilities 4.1 4.7 4.4 ($b) 5 4 120 3 Higher wholesale electricity prices 80 40 2 1 Gas take-or-pay savings Low hydro generation Higher operational costs 0 Dec 10 Dec 11 Dec 10 Dec 11 0 41 |
Page 1 and 2: 2012 Half Year Results Media Presen
Page 3 and 4: Outline 1. Performance Highlights G
Page 5 and 6: During the half Origin has made sub
Page 7 and 8: A$ million FY2012 FY2013 FY2014 FY2
Page 9 and 10: 2012 Half Year Financial Highlights
Page 11 and 12: OCAT decreased, with the increase i
Page 13 and 14: $ million Underlying EBITDA up 41%
Page 15 and 16: Origin has raised additional capita
Page 17 and 18: cents per share FY2001 FY2002 FY200
Page 19 and 20: Energy Markets ‣ Underlying EBITD
Page 21 and 22: Capacity (MW) Capacity (MW) Capacit
Page 23: Base Load/ Interm. Externally A div
Page 26 and 27: Origin continues to develop its new
Page 28 and 29: Notwithstanding planned shutdowns a
Page 30 and 31: Asset reliability is currently bein
Page 32 and 33: Australia Pacific LNG ‣ Underlyin
Page 34 and 35: APLNG‟s CSG to LNG project is und
Page 36 and 37: Upstream activities are ramping up
Page 38 and 39: Curtis Island site preparations are
Page 42 and 43: Contact is one of New Zealand‟s l
Page 44 and 45: Increased portfolio diversity and f
Page 46 and 47: Building on its domestic success, O
Page 48 and 49: Based on prevailing market conditio
Page 50: Thank you Further Information Lina

2012 Half Year Results Media Presentation - Origin Energy

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