Morgan Stanley Emerging Companies Conference 2012 For

Morgan Stanley Emerging Companies Conference 2012

Zimi Meka - Chief Executive Officer 13 June 2012

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Safety moment

Morgan Stanley Emerging Companies Conference | 13 June 2012 | 2

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Strategy – delivering results


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Onsite engineering and operations and maintenance support services Optimise

Front end engineering and design service (FEED) Innovate

Pre-feasibility, feasibility and conceptual design services Evaluate

Engineering, Procurement, Construction Management (EPCM) and Engineering Procurement Construction (EPC) contracts Create Create

Optimise

Innovate

Evaluate

Our offering

Minerals & Metals

•  Precious metals • Coal •  Iron ore •  Base metals •  Industrial

minerals • Mineral sands • Uranium •  Phosphates •  Fertilisers •  Potash

Process Infrastructure

•  Ports, marine and offshore

•  Long distance slurry and liquid pipelines

•  Paste and tailings disposal systems

• Materials handling • Rail • Commercial and

industrial buildings •  Pulp and paper •  Supply chain

simulations and optimisation

• Control systems • Waste water

treatment •  Infrastructure

Environment & Sustainability

• Civil & geotechnical engineering

• Waste treatment, processing and storage

• Mine waste management

•  Environmental and sustainability services

•  Permitting and licensing

• Water resource management

•  Landfill design and gas recovery

•  Laboratory & field services

Energy

• Conventional gas • Non-conventional

gas • Gas conversion • Renewable energy •  Bio fuels • Oil and gas

pipelines •  Power generation

and transmission • Coal gasification • Off gas treatment • Carbon storage • Oil sands • Oil shale

Program Management

•  Program and project management

•  Procurement •  Logistics • Construction

management •  Stakeholder

relations management

•  Statutory approvals management


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Our Business lines


•  Reaffirm guidance on $40 million NPAT for 2012

•  People numbers are 3,300 up over 20% from same time next year.

Environment and Sustainability 7%

Program Management 9%

Energy <1%

Minerals and Metals 56%

Process Infrastructure 28%

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Our Phases


0

100

200

300

400

500

600

700

2007 2008 2009 2010 2011

$m Revenue by solutions phase

Evaluate Innovate Create Optimise

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Minerals & Metals

Our business in 2007

52 assignments in 2007


Minerals Processing = 10 - 30% of total project ICV

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Our business in 2012

Energy Environment & Sustainability

Minerals & Metals

Process Infrastructure

Program Management

650 assignments in 2011


Minerals Processing = 10 - 30% of total project ICV

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2007

M&M Business 2007

(Process Plants: Africa, Australia,

Asia)

M&M Business

2007

North/South America

New Geography

M&M Business

2007

North/South America

New Geography

New service sectors

(E&S, Rail, Port, Pipelines)

M&M Business

2007

North/South America

New Geography

New service sectors


Service sectors more

Create work

M&M Business

2007

North/South America

New Geography

New service sectors



Create work

Larger client base

M&M Business

2007

North/South America

New Geography

New service sectors



Create work

Larger client base

Larger projects

Growth through diversity 2011

Revenue growth opportunity


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Project phases – extending the project lifecycle offering

Time

Illustrative Ausenco revenue share of total project Installed Capital Value (ICV) in 2011.

Cap

ital E

xpen

ditu

re


Project Management

Create

2 - 4%

Construction Management

6.5 - 12.5%

Detailed Engineering

Innovate

1.5 - 3.5%

FEED Engineering

1 - 1.5%

Feasibility Study

0.5 - 1%

Exploration

Evaluate

Optimise

Operations & maintenance

$153.2m

$112.2m

$244.2m $38.3m

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Balanced, sustainable returns across the full project lifecycle

Activities Pre-feasibility, feasibility and

conceptual design services

Front end engineering and design services

(FEED)

Engineering, Procurement, Construction Management (EPCM) and Engineering Procurement Construction

(EPC) contracts

Onsite engineering, operations

and maintenance support services

Typical contract duration 3 - 12 months 6 - 18 months 2 - 4 years 4 - 5 years

FY 2011 Revenues $m 153.2 112.2 244.2 38.3 CAPEX $bn 18.2 2.0 4.1* -

•  Evaluate and Innovate - Over $265 million in baseline revenues from client pre construction phases

•  Create phase project delivery revenues provide medium term visibility and expected to grow as client capital commitments firm

•  Strategic focus on cross-selling and broadening service capacity and increasing Create phase EPCM / EPC revenues

•  Optimise revenue growing strongly and providing a stable recurring revenue stream


Optimise Create Innovate Evaluate

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People

Time

Total installed cost ($’millions)

Optimise

Create

Innovate

Evaluate

$1000m

<50/annum >100/annum >300/annum

30 - 50 250 - 750 1000+

20 - 40 50 - 100 200

5 - 25 30 - 60 100

Multi $1000m $100m

High

Low

Size of project

Number of people deployed

Predictability of revenue


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Build long-term inspiring client relationships

•  Diversity strategy has delivered broader and deeper globally diverse client base

•  Over 75% of revenue now received from globally diverse and major resource companies

•  Clients seeking full phase solution delivery provide repeat, ongoing project opportunities

•  Enhanced client understandings provides cross selling opportunities across our solution offerings

•  Our increased number of strategic alliance framework agreements providing greater alignment and visibility

•  Our full solution offering to clients from pre-development Evaluate phase, through Create phase development to include Optimise phase recurring revenues

Service revenue by client type

Globally diversified 5%

Major 32%

Emerging 63%

Globally diversified 25%

Major 50%

Emerging 25%

20 1 1 2006


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Global footprint – 29 offices across 19 countries

Brisbane Corporate Office Asia Bangkok, Thailand Beijing, China Jakarta, Indonesia Mumbai, India Australia/South Pacific Adelaide, Australia Apia, Samoa Honiara, Solomon Islands Nuku’alofa, Tonga Perth, Australia Port Moresby, Papua New Guinea Port Vila, Vanuatu Suva, Fiji

Offices Middle East Jeddah, Saudi Arabia North America Burlington, Canada Calgary, Canada Concord, USA Denver, USA Houston, USA Montréal, Canada Reno, USA Toronto, Canada Vancouver, Canada South America Belo Horizonte, Brazil Bogotá, Colombia Lima, Peru Mendoza, Argentina Rio de Janeiro, Brazil Santiago, Chile

8%

Services revenue - by geography South

2011

2006

Africa 13%

Asia 13%

North America 19%

Central Asia 2%

MENA 2%

Australia 23%

America 28%

Africa 29%

Asia 41%

Australia 20%

MENA 10%


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Ausenco today – global, diversified, strong


Service revenues – by commodity

2%

Agricultural chemical feedstock

Base metals 24%

Coal 21%

Iron Ore

21%

Precious metals

24%

Mineral sands

3%

Chemicals

1% Energy

2% Environmental

1%

Other

1%

2011

2006 Other

3% 24% Base metals

51%

Precious metals

$547.9m Revenue 2011

2006: $144.4m

3,300 People

2006: 770

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A selection of our global projects


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Quintette Coal Project


Client Teck Resources Limited Location Canada Service Create (EPCM) Timing Current For

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Constancia Copper Project

Client Hudbay Minerals Location Peru Service Create (EPCM) Timing 2012 - 2015


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Bozshakol Copper Project

Client Kazakhmys plc Service Create Timing Current


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Minas-Rio Iron Ore Project, Brazil

Client Anglo Ferrous Brazil Location Brazil Service Evaluate Timing Current ICV US multi billion

Pit to port solution


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Engineering solutions for platforms in Arctic temperatures

Orlan Platform

Client Exxon Neftegas Limited Location Sakhalin Island, Russia Service Innovate (FEED) Timing 2011 – 2012


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Pascua Lama Tailings Storage Facility

Client Barrick Gold Corporation Location Chile/Argentina border Service Engineering the tailings storage facility Timing Current


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False Creek Energy Centre

Client City of Vancouver Location Vancouver, Canada Service Innovate (design) Timing 2007 - 2010


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Alpha Coal Project

Client GVK/Hancock Coal Location QLD, Australia Service Evaluate (PCM) in JV with Worley Parsons Timing Current


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Strategy and Outlook


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In summary

•  2011 full year performance was above guidance with strong second half

•  Ausenco’s focused strategy delivering profitable growth •  Emphasis on building for long term growth

•  Numerous $0.5 billion plus project starts across Evaluate to Create phase lifecycle •  Solid earnings in second half provides platform for strong operational earnings growth in 2012

•  2012 earnings to reflect modest impact of higher income tax expense and strong AUD

•  Resources and energy sectors fundamentals strong •  Commodities demand remains high

•  Spend on large projects continues to increase •  Significant level of new project and exploration spending

•  Ausenco’s diversity providing growth opportunities •  Strong global work on hand across multiple sectors and clients •  Recent project awards to drive growth in 2012 earnings and beyond

•  Strong balance sheet and operating cash flow provide solid base

•  Well positioned to grow shareholder value


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Our diversification strategy is delivering outstanding results and driving our success. We are capitalising on the opportunities in our key markets, delivering ingenious solutions, growing our work on hand and expanding our major mining company client base.

3,300 People

29 Offices

19 Countries

Thank you


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Documents

Morgan Stanley Emerging Companies Conference 2012 For