t7TwFQ

More documents

Recommendations

Info

Capital expenditure Significant reduction in expenditure as expansion complete US$bn 7.5 6.0 4.5 3.0 1.5 0.0 FY10 FY11 FY12 FY13 FY14 FY15(est) • FY15 capital US$1.3bn • Depreciation and amortisation ~$8.50/t 20
US$m US$3.1bn re-paid + US$0.5bn committed Flexibility to enables further repayments and re-financing 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Callable in April 2015 1,000 Callable at Fortescue's option 500 400 4,913 1,500 Repayable at Fortescue's option Callable in November 2015 Callable in April 2017 1,000 CY2015 CY2016 CY2017 CY2018 CY2019 CY2020 CY2021 CY2022 Senior Secured Credit Facility Senior Unsecured Notes Committed to be paid in October 2014 Current ratings Corporate Term Loan Notes Moody’s Ba1/Stable Baa3 Ba2 S&P BB/Positive BBB- BB- Fitch BB+/Stable BBB- BB+ 21
Page 1 and 2: 2014 Full year results August 2014
Page 3 and 4: Fortescue Update The journey contin
Page 6 and 7: FY14 in review Delivering 155mtpa 1
Page 8 and 9: Building a world class company Worl
Page 10 and 11: Disciplined capital management Trac
Page 12 and 13: Port - flexible design for future g
Page 14 and 15: Highlights Record financial results
Page 16 and 17: Operating margins Solid operating m
Page 18 and 19: Driving down the global cost curve
Page 22 and 23: Cost of borrowings Focus on debt re
Page 24 and 25: Dividends Fully franked A$0.20 divi
Page 26 and 27: China’s growth cities 200m people
Page 28 and 29: Steel consumption per capita China
Page 30 and 31: 30 Clear strategy
Page 32 and 33: Significant reliance on diesel fuel
Page 34 and 35: Competitive energy powering the fut
Page 36 and 37: Mineral Resources dry in situ (Mt)
Page 38 and 39: Hematite reserves Reserve base supp
Page 40 and 41: VTEC Creating opportunities through
Page 42 and 43: Delivering on targets Focused on sh
Page 44: Glossary Definition of non-IFRS ter

t7TwFQ

Create successful ePaper yourself

Delete template?

Save as template?