DOCSLIB.ORG

Annual-Report-2019.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual-Report-2019.Pdf ANNUAL REPORT 2019 OUR PURPOSE WHO WE ARE Our purpose is to make a South32 is a globally diversifi ed mining and metals company. We produce di erence by developing natural bauxite, alumina, aluminium, energy and metallurgical coal, manganese, resources, improving people’s nickel, silver, lead and zinc at our operations in Australia, Southern Africa and lives now and for generations South America. We are also the owner of a high grade zinc, lead and silver to come. We are trusted by our development option in North America and have several partnerships with owners and partners to realise the junior explorers with a bias to base metals. potential of their resources. OUR VALUES Care Trust Togetherness Excellence We care about people, We deliver on our We value di erence and We are courageous and the communities we’re commitments and rely we openly listen and share, challenge ourselves to be a part of and the world on each other to do knowing that together the best in what matters. we depend on. the right thing. we are better. This Annual Report is a summary of the operations, activities and CONTENTS performance of South32 Limited (ABN 84 093 732 597) and its controlled entities and joint arrangements for the year ended 30 June 2019 and its fi nancial position as at 30 June 2019. Our company 1 South32 Limited is the parent company of the South32 Group of Board of Directors 11 companies. In this report, unless otherwise stated, references to South32, the South32 Group, the Company, we, us and our, refer to South32 Lead Team 15 Limited and its controlled entities and joint arrangements, as a whole. South32 Limited shares trade on the ASX, JSE and LSE under the listing Risk management 18 code of S32. MonetaryMetrics describing amounts sustainabilityin this document and HSECare reported performance in US dollars,apply to unless Operating and fi nancial review 22 otherwiseoperated assetsstated. that have been wholly owned and operated by South32, Resources and reserves 40 Metricsor that havedescribing been operatedsustainability by South32 and HSEC in aperformance joint venture apply operation, to from operated1 July 2018 assets to 30 that June have 2019. been South32’s wholly GRIowned Navigator and operated and Sustainability by South32, Remuneration report 50 ordata that tables have are been available operated at www.south32.net by South32 in a joint. venture operation, from Directors’ report 72 Forward-looking1 July 2018 to 30 Junestatements 2019. South32’s GRI Navigator and Sustainability data tables are available at www.south32.net. This report contains forward-looking statements. Please refer to page 36, Financial report 77 Forward-lookingwhich contains a notice statements in respect of these statements. Shareholder information 132 Non-IFRSThis report contains forward-looking statements. Please refer to page 36, which contains a notice in respect of these statements. This report includes certain non-IFRS fi nancial measures, including Glossary of terms and abbreviations 135 Non-IFRSunderlying measures of earnings, e ective tax rate, returns on invested Corporate directory 141 Thiscapital, report cash includes fl ow and certain net debt. non-IFRS For an fi nancialexplanation measures, of how including South32 uses underlyingnon-IFRS measures, measures see of earnings,page 22. eThe ective meanings tax rate, of individualreturns on non-IFRS invested capital,measures cash used fl ow in andthis netreport debt. are For set an out explanation in the Glossary of how on South32 page 137. uses non-IFRSNon-IFRS measures,measures shouldsee page not 22. be The considered meanings as ofalternatives individual non-IFRSto an IFRS See the rest of our 2019FY19 annualannual reportingreporting suitesuite at at www.south32.net www.south32.net. measuresmeasure of used profi intability, this report fi nancial are performanceset out in the or Glossary liquidity. on page 137. Non-IFRSFor information measures or to should contact not South32, be considered visit www.south32.net as alternatives. to an IFRS measure of profi tability, fi nancial performance or liquidity. For information or to contact South32, visit www.south32.net. CORPORATE OUR APPROACH TAX TRANSPARENCY GOVERNANCE TO CLIMATE CHANGE AND PAYMENTS TO STATEMENT 2019 GOVERNMENTS REPORT 2019 2019 ■ Corporate Governance Statement Our corporate governance practices and a description of our approach to promoting responsible and ethical behaviour. ■ Our Approach to Climate Change Climate-related risk and opportunities reported in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures. ■ Tax Transparency and Payments to Governments Report All payments to governments which meets the requirements of mandatory and voluntary disclosure initiatives. ■ FY19 Sustainability Performance Report Printed copies of this Annual Report will only be posted to those shareholders who have requested a printed copy. Other shareholders are ■ Our Approach to Water Stewardship notifi ed when the Annual Report becomes available and given details of where to access it electronically. ■ Modern Slavery Statement (November 2019) OUR COMPANY YEAR AT A GLANCE 12% 981 17.3 reduction US$ million US$ million Total recordable injury frequency Paid in taxes and royalties Community investment(1) 26% 2,197 504 reduction US$ million US$ million Total recordable illness frequency Underlying EBITDA(2) Net cash balance(2) 481 281 9% US$ million US$ million below Dividends returned in respect On-market share buy-back Our Scope 1 Greenhouse gas of FY19 emissions FY15 baseline(3) (1) Community investment consists of cash, in-kind support and administrative costs and includes donations and investments of funds in the broader community. (2) This is a non-IFRS measure. For an explanation of how South32 uses non-IFRS measures, see page 22 of this Report. (3) Our short-term carbon emission reduction target is to stay below our FY15 Scope 1 carbon emission baseline in FY21. SOUTH32 > ANNUAL REPORT 2019 > OUR COMPANY 1 OUR COMPANY FROM OUR CHAIR On behalf of the Board, I am allocated to our on-market share buy-back reports our progress towards emissions pleased to present our 2019 program and US$85 million returned in the reduction and the resilience of our form of a special dividend. The increase portfolio in a low-carbon world. Annual Report, my fi rst as Chair. in our capital management program by Lately, there has been much commentary US$250 million to US$1.25 billion refl ects on corporate culture, particularly in the South32 was fortunate to have David our disciplined approach to capital fi nancial services sector in Australia. We Crawford as its inaugural Chair. David management and positive outlook for believe this commentary contains lessons worked tirelessly to ensure South32 was the business. for all of us in how we approach our role well positioned for life as an independent The Board declared a fully franked fi nal as Directors. First and foremost is the global resources company. Working with dividend of US 2.8 cents per share, appointment of the right Chief Executive the Board and Chief Executive Offi cer, bringing the full year dividend to and a competent and capable leadership Graham Kerr, he led the development US 7.9 cents per share. team, whose work is underpinned by of the Company’s purpose and strategy, the right values that are clearly set, underpinned by its values of care, trust, We were saddened by the signifi cant loss communicated and reinforced. In this, togetherness and excellence. of life and the immense environmental damage caused by the failure of the we’re well served, but equally, not His extensive experience in business, tailings storage facility at Brumadinho in complacent. From our purpose and our particularly in the resources sector, Brazil. We’ve supported the work of the strategy, to our reward frameworks, we’re served the Company well in its formative International Council on Mining and Metals as committed to how we achieve our goals years. David’s focus on shareholder to develop an international standard for as we are to the goals themselves. value is evident, as is the role he played safe tailings management. In June, we in protecting the interests of the Over the past four years, South32 has released our Tailings Storage Facilities communities where we operate. On behalf delivered a total shareholder return of Management Report. We compiled of our shareholders and our people, I 84 per cent, which has exceeded both the this in line with the Investor Mining and thank him for his service. sector index and the world index (Morgan Tailings Safety Initiative, and it details our Stanley Capital International). We will approach to tailings management. The 2019 fi nancial year marked a continue to focus on improving return on turning point for South32. We The Board is committed to invested capital and prioritising a strong completed the acquisition making regular visits to balance sheet to ensure we remain in of Arizona Mining, our operations and control through economic cycles. acquired a offi ces around the 50 per cent interest There will be no shortage of challenges for world to engage in the Eagle Downs our company and our sector as we grapple Over the past four years, with our people. Metallurgical with the economic and geopolitical South32 has delivered a During the year, we Coal project, and realities of our time. The Board is confi dent visited operations progressed the total shareholder return that our people, led by Graham and his and offi ces in South divestment of South of 84 per cent team, are well equipped to respond and Africa, Singapore, Africa Energy Coal. contribute to South32’s ongoing success. the United States These decisions play and Australia. In each On behalf of the Board, I would like to an important part in of these places, we were thank our shareholders and every one reshaping and improving pleased to see a strong of the South32 team for their ongoing our portfolio to promote long- commitment to the safety of our support.
Load more

Recommended publications
  • Towards-Sustauinable-Mining-Report
    2018 2018 Progress Report Table of Contents Introduction About Towards Sustainable Mining® (TSM®) 3 TSM Guiding Principles 4 Message from the Chair of the TSM Governance Team and MAC’s President and CEO 5 2017 Statement from the Community of Interest Advisory Panel 7 How TSM Works 11 Industry Performance Understanding the Results 15 Communities and People 16 Aboriginal and Community Outreach 16 Crisis Management and Communications Planning 17 Safety and Health 19 Preventing Child and Forced Labour 21 Environmental Stewardship 25 Tailings Management 25 Biodiversity Conservation Management 27 Energy Efficiency 32 Energy Use and GHG Emissions Management 32 International Application of TSM 35 TSM Awards TSM Excellence Awards 47 TSM Leadership Awards 50 TSM Performance by Company 51 © 2018 The Mining Association of Canada. Trademarks, including but not limited to Towards Sustainable Mining®, TSM®, and the diamond shaped figure arcs and quadrilaterals designs, are either registered trademarks or trademarks of The Mining Association of Canada in Canada and/or other countries. TSM Progress Report 2 2018 Introduction About Towards Sustainable Mining Towards Sustainable Mining ® (TSM®) is an award-winning performance system that helps mining companies evaluate and manage their environmental and social responsibilities. It is a set of tools and indicators to drive performance and ensure that key mining risks are managed responsibly at participating mining and metallurgical facilities. Mining companies that participate in the TSM initiative demonstrate their strong commitment to responsible mining. By adhering to the TSM Guiding Principles, mining companies exhibit leadership by: Committing to the Engaging Driving world-leading safety and health of with communities.
    [Show full text]
  • News Release
    NEWS RELEASE Release Time IMMEDIATE Date 17 April 2013 Number 05/13 BHP BILLITON PRODUCTION REPORT FOR THE NINE MONTHS ENDED 31 MARCH 2013 . Full year production guidance is retained for our major businesses following another quarter of robust operating performance. Western Australia Iron Ore achieved record production for the nine month period ended March 2013. Production guidance of 183 million tonnes (100% basis) for the 2013 financial year remains unchanged, despite cyclone related downtime during the period. An annualised production rate approaching 200 million tonnes (100% basis) is anticipated for the June 2013 quarter. Onshore US produced more than five million barrels of liquids during the March 2013 quarter and the Eagle Ford is now our single largest liquids producing field. Petroleum production guidance for the 2013 financial year remains unchanged at approximately 240 million barrels of oil equivalent. Copper in concentrate production at Escondida increased by 61% during the nine month period ended March 2013. Total Escondida copper production remains on track to increase by at least 20% in the 2013 financial year. Queensland Coal production was affected by adverse weather conditions during the March 2013 quarter. However, recently installed flood mitigation infrastructure enabled a rapid recovery in performance and the business was operating at full supply chain capacity at the end of the period. Petroleum MAR MAR MAR YTD13 MAR Q13 MAR Q13 2013 2013 vs vs vs YTD QTR MAR YTD12 MAR Q12 DEC Q12 Crude oil, condensate and natural gas liquids (‘000 boe) 66,610 20,871 1% -4% -10% Natural gas (bcf) 659.78 207.27 10% -1% -6% Total petroleum products (million boe) 176.57 55.42 6% -2% -7% Total petroleum production – An average production rate of 644 thousand barrels of oil equivalent per day was achieved during the nine month period ended March 2013.
    [Show full text]
  • Strong Outperformance Drives Increased Fully Franked Final Dividend and Record Profit
    13 July 2021 Strong outperformance drives increased fully franked final dividend and record profit $318.1m 58.6% 37.0% 7.7% 1 for 5 Record operating Record total Record investment Increased Entitlement profit before tax1 shareholder portfolio FY2021 fully Offer for return in performance2 in franked full year shareholders3 FY2021 FY2021, dividend to 7.0 outperforming the cents per share Index by 9.2% WAM Leaders Limited (ASX: WLE) achieved a record operating Fully franked final profit before tax of $318.1 million (FY2020: operating loss before tax of $1.2 million) and a record operating profit after tax of dividend of 3.5 cents 1 per share $228.9 million (FY2020: $5.3 million) in its FY2021 full year result . The fully franked full year dividend of 7.0 cents per share provides shareholders The WAM Leaders Board of with a fully franked dividend yield of 4.5% and a grossed-up yield4 of 6.4% on Directors has declared a fully the 12 July 2021 closing share price of $1.565 per share. franked final dividend of 3.5 In FY2021, WAM Leaders celebrated its five year anniversary since listing on the cents per share, representing ASX. During the year, the WAM Leaders investment portfolio increased a record a 7.7% increase on the FY2020 37.0%2, outperforming the S&P/ASX 200 Accumulation Index by 9.2%. WAM fully franked final dividend. Leaders’ active investment approach, which focuses on large-cap companies with compelling fundamentals, a robust macroeconomic thematic and a catalyst, The final dividend brings the and has led to strong investment portfolio outperformance in all periods fully franked full year throughout the Company’s history.
    [Show full text]
  • Extraction Plan
    Illawarra Coal Extraction Plan West Cliff Area 5 Longwalls 37 and 38 Rev: B Longwalls 37 and 38 EXTRACTION PLAN (MAIN REPORT) Table of Contents 1 INTRODUCTION ...................................................................................................... 1 1.1 PROJECT BACKGROUND....................................................................................... 1 1.2 SCOPE ..................................................................................................................... 1 1.3 OBJECTIVES ........................................................................................................... 3 1.4 STUDY AREA ........................................................................................................... 5 2 REPORT STRUCTURE ............................................................................................ 5 3 THE RESOURCE ..................................................................................................... 6 3.1 LONGWALL LAYOUT............................................................................................... 6 3.2 EXTRACTION SEQUENCE ...................................................................................... 6 3.3 POSSIBLE EFFECTS ON OTHER SEAMS ............................................................ 10 4 STATUTORY REQUIREMENTS ............................................................................ 10 4.1 BSO APPROVAL (EP&A ACT) ............................................................................... 10 4.2 LEGISLATION AND GUIDELINES
    [Show full text]
  • For Personal Use Only Use Personal For
    .1 S. bhpbi ILl ton Company Secretariat BHP Billiton Limited BHP BullIon Plc 180 Lonscfale Street Neatliouse Place Melbourne Victoda 3000 Austra8a London SW1V 1BH UK GPO Box 86 Melbourne Vicfoda 3001 Australia Tel ^44 20 7802 4000 Tel^61 1300554757Fax+61 396094372 Fax +44 20 7802 4111 bhpbilliton.com bhpbillilon.cotrt 27 June 2008 To: The Company Announcements Office Australian Securities Exchange Messrs James Wallace and Howard Toomey Company Secretaries Haoma Mining NL Haoma Mining NL ("Haoma") Notice of initial substantial holder Please find attached Form 603 (Notice of initial substantial holder), which provides details of BHP Billiton Nickel West Pty Ltd's (formerly WMC Resources Limited) interest in Haoma Mining NL. BHP Billiton Nickel West Pty Ltd acquired these securities pursuant to Alumina Limited's consent dated 5 May 2008, following the incorrect registration of the securities after the demerger of Alumina Limited and WMC Resources Limited in 2003. ' /. / ,'' // F)ona,Smlth V Deity Company Secretary For personal use only BHP BullIon Limded Registered Offica: Level 27, 180 Lonsdale Street, Melbourne VIC 3000, Australia AGN 49004 028 077 Registered in Australia A member of the BHP Billiton Group which is headquartered in Australia BHP Billiton Plc Registered Office: Neathouse Place, London SWIV IBH, UK Registered in London A member of Ihe BHP BullIon Group which is headquartered in Australia 603 page 1/2 153u1y2001 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder 1g. Company Name/Scheme Haoma Mining NL ACNIARSN 008 676 177 1. Details of substantial holder (1) Name BlIP Billiton Limited ACN/ARSN (if applicable) 004 028 077 This notice is given by BHP Billiton Limited on behalf of BHP Billiton Limited's controlled bodies corporate (Limited Subsidiaries), on behalf of BlIP Billilon Plc, and on behalf of BF-IP Bifiton Plc's controlled bodies corporate (Plc Subsidiaries) including those named in the list annexed to this Form 603 and marked Annexure A.
    [Show full text]
  • ANNUAL REPORT 2019 OUR PURPOSE WHO WE ARE Our Purpose Is to Make a South32 Is a Globally Diversified Mining and Metals Company
    6 September 2019 South32 Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32 ADR: SOUHY ISIN: AU000000S320 south32.net 2019 ANNUAL REPORT South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) today releases its 2019 Annual Report, Corporate Governance Statement and Appendix 4G. These documents are also available online at https://www.south32.net/investors-media/annual-report-suite. The Notice of Annual General Meeting will be dispatched by no later than 25 September 2019. A hard copy of the Annual Report will also be dispatched on the same day to those shareholders who have requested one. Yours sincerely Nicole Duncan Company Secretary About South32 South32 is a globally diversified mining and metals company. We produce bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc at our operations in Australia, Southern Africa and South America. We are also the owner of a high grade zinc, lead and silver development option in North America and have several partnerships with junior explorers with a focus on base metals. Our purpose is to make a difference by developing natural resources, improving people’s lives now and for generations to come, and to be trusted by our owners and partners to realise the potential of their resources. Further Information Investor Relations Alex Volante Tom Gallop T +61 8 9324 9029 T +61 8 9324 9030 M +61 403 328 408 M +61 439 353 948 E [email protected] E [email protected] Media Relations James Clothier Jenny White T +61 8 9324 9697 T +44 20 7798 1773 M +61 413 391 031 M +44 7900 046 758 E [email protected] E [email protected] Further information on South32 can be found at www.south32.net.
    [Show full text]
  • Ekati Diamond Mine Environmental Agreement and Water Licence Annual Report Summary 2018 May 24, 2019
    Ekati Diamond Mine Environmental Agreement and Water Licence Annual Report Summary 2018 May 24, 2019 Loretta Ransom Manager – Environmental Assessment and Monitoring Environmental Stewardship and Climate Change Environment and Natural Resources Government of the Northwest Territories P.O. Box 1320 Yellowknife, NT X1A 2L9 Jaida Ohokannoak Chair - Independent Environmental Monitoring Agency PO Box 1192 Yellowknife, NT X1A 2N8 Michael Roesch Senior Implementation Negotiator/Senior Policy and Program Analyst NWT Region Crown-Indigenous Relations and Northern Affairs Canada 4923 52nd Street Gallery Building Box 1500 Yellowknife, NT X1A 2R3 Chair - Joseph Mackenzie Wek’èezhìi Land and Water Board #1, 4905-48th Street Yellowknife, NT X1A 2P6 Re: Ekati Diamond Mine – Environmental Agreement and Water Licence Annual Report Summary 2018 Dominion Diamond Mines ULC (Dominion) is pleased to submit the attached Environmental Agreement and Water Licence Annual Report Summary 2018. This report was prepared in accordance with the annual reporting requirements of Part B Condition 10 and Schedule 1 Condition 1 of Water Licence W2012L2-0001 and Article 5 of the Environmental Agreement. Dominion trusts that you will find this report to be clear and informative. Please contact Claudine Lee, Head of Environment at [email protected] or 403-910-1933 x 2401 should you have any questions. Sincerely, Claudine Lee, M.Sc., P.Geol. Head of Environment Table of Contents Introduction 1 The Ekati Diamond Mine Story 1 The Ekati Diamond Mine Location 2 The Ekati Diamond
    [Show full text]
  • Ekati Diamond Mine
    2019 EKATI DIAMOND MINE SOCIO-ECONOMICEKATI DIAMOND MINE 2019 AGREEMENT Socio-Economic Agreement REPORT Report 1 2 CONTENTS 5 COO’s Message 6 Community Development 9 Health & Safety 10 Environment 15 Employment 24 Business Spend 29 Appendix A: Position Listings 35 Appendix B: Interpretations & Definitions EKATI DIAMOND MINE 2019 Socio-Economic Agreement Report 3 4 COO’S MESSAGE Dominion Diamond Mines ULC (“Dominion” or “the company”) is pleased to present the 2019 Socio-Economic Agreement Report (SEA Report) for the Ekati Diamond Mine, in which we describe the results of our commitments to the Government of the Northwest Territories (GNWT) as set out in the SEA. Dominion is continuing to make a positive difference in the North through support for education, training, community development, employment and business opportunities. ABOUT THE COMPANY 2019 was a challenging, but exciting year for Dominion. By the Dominion is a Canadian mining end of the year we had updated our current Life of Mine company and one of the world’s plan, which now includes the Point Lake project with the largest producers and suppliers of intention to follow with the Jay pipe development. As well, premium rough diamonds to the Dominion has applied to continue its exploration of the Lac global market. de Gras and Glowworn Lake regions. These projects will continue to keep the Ekati mine operating while providing The company operates the Ekati ongoing opportunities for the North. As we move into 2020, Diamond Mine, in which it owns we continue to work diligently towards the future of the a controlling interest, and owns Ekati mine.
    [Show full text]
  • ESG Reporting by the ASX200
    Australian Council of Superannuation Investors ESG Reporting by the ASX200 August 2019 ABOUT ACSI Established in 2001, the Australian Council of Superannuation Investors (ACSI) provides a strong, collective voice on environmental, social and governance (ESG) issues on behalf of our members. Our members include 38 Australian and international We undertake a year-round program of research, asset owners and institutional investors. Collectively, they engagement, advocacy and voting advice. These activities manage over $2.2 trillion in assets and own on average 10 provide a solid basis for our members to exercise their per cent of every ASX200 company. ownership rights. Our members believe that ESG risks and opportunities have We also offer additional consulting services a material impact on investment outcomes. As fiduciary including: ESG and related policy development; analysis investors, they have a responsibility to act to enhance the of service providers, fund managers and ESG data; and long-term value of the savings entrusted to them. disclosure advice. Through ACSI, our members collaborate to achieve genuine, measurable and permanent improvements in the ESG practices and performance of the companies they invest in. 6 INTERNATIONAL MEMBERS 32 AUSTRALIAN MEMBERS MANAGING $2.2 TRILLION IN ASSETS 2 ESG REPORTING BY THE ASX200: AUGUST 2019 FOREWORD We are currently operating in a low-trust environment Yet, safety data is material to our members. In 2018, 22 – for organisations generally but especially businesses. people from 13 ASX200 companies died in their workplaces. Transparency and accountability are crucial to rebuilding A majority of these involved contractors, suggesting that this trust deficit. workplace health and safety standards are not uniformly applied.
    [Show full text]
  • Business Leadership: the Catalyst for Accelerating Change
    BUSINESS LEADERSHIP: THE CATALYST FOR ACCELERATING CHANGE Follow us on twitter @30pctAustralia OUR OBJECTIVE is to achieve 30% of ASX 200 seats held by women by end 2018. Gender balance on boards does achieve better outcomes. GREATER DIVERSITY ON BOARDS IS VITAL TO THE GOOD GOVERNANCE OF AUSTRALIAN BUSINESSES. FROM THE PERSPECTIVE OF PERFORMANCE AS WELL AS EQUITY THE CASE IS CLEAR. AUSTRALIA HAS MORE THAN ENOUGH CAPABLE WOMEN TO EXCEED THE 30% TARGET. IF YOUR BOARD IS NOT INVESTING IN THE CAPABILITY THAT DIVERSITY BRINGS, IT’S NOW A MARKED DEPARTURE FROM THE WHAT THE INVESTOR AND BROADER COMMUNITY EXPECT. Angus Armour FAICD, Managing Director & Chief Executive Officer, Australian Institute of Company Directors BY BRINGING TOGETHER INFLUENTIAL COMPANY CHAIRS, DIRECTORS, INVESTORS, HEAD HUNTERS AND CEOs, WE WANT TO DRIVE A BUSINESS-LED APPROACH TO INCREASING GENDER BALANCE THAT CHANGES THE WAY “COMPANIES APPROACH DIVERSITY ISSUES. Patricia Cross, Australian Chair 30% Club WHO WE ARE LEADERS LEADING BY EXAMPLE We are a group of chairs, directors and business leaders taking action to increase gender diversity on Australian boards. The Australian chapter launched in May 2015 with a goal of achieving 30% women on ASX 200 boards by the end of 2018. AUSTRALIAN 30% CLUB MEMBERS Andrew Forrest Fortescue Metals Douglas McTaggart Spark Group Ltd Infrastructure Trust Samuel Weiss Altium Ltd Kenneth MacKenzie BHP Billiton Ltd John Mulcahy Mirvac Ltd Stephen Johns Brambles Ltd Mark Johnson G8 Education Ltd John Shine CSL Ltd Paul Brasher Incitec Pivot
    [Show full text]
  • For Announcement to the Market
    20 February 2013 For Announcement to the Market Name of Companies: BHP Billiton Limited (ABN 49 004 028 077) and BHP Billiton Plc (Registration No. 3196209) Report for the half year ended 31 December 2012 This statement includes the consolidated results of the BHP Billiton Group, comprising BHP Billiton Limited and BHP Billiton Plc, for the half year ended 31 December 2012 compared with the half year ended 31 December 2011. The results are prepared in accordance with IFRS and are presented in US dollars. US$ Million Revenue down 14.1% to 32,204 Profit attributable to the members of the BHP Billiton Group down 57.8% to 4,238 Net Tangible Asset Backing: Net tangible assets per fully paid share were US$11.77 as at 31 December 2012, compared with US$11.59 at 30 June 2012. Dividends per share: Interim dividend for current period US 57 cents fully franked (record date 8 March 2013; payment date 28 March 2013) Interim dividend for previous corresponding period US 55 cents fully franked This statement was approved by the Board of Directors. Jane McAloon Group Company Secretary BHP Billiton Limited and BHP Billiton Plc WorldReginfo - 48e7f989-b053-4af9-872f-13baefa08e8a NEWS RELEASE Release Time IMMEDIATE Date 20 February 2013 Number 04/13 BHP BILLITON RESULTS FOR THE HALF YEAR ENDED 31 DECEMBER 2012 . The December 2012 half year was more challenging for the global resources industry. Against this backdrop, BHP Billiton’s solid financial results were built on the foundations of strong operating performance, our continued focus on costs and the benefits of our differentiated strategy.
    [Show full text]
  • Growth in All the Right Places
    Monday 18 May 2015 Growth in all the right places I want the negativity to stop now! There are some great things in this Budget for growth and if we all just get on with it, the economy might actually do better, which would be good for growth and good for stocks. Today I mention a few that are particularly set to do well. Also today, Tony Featherstone breaks down the BHP spinoff South32 and examines whether you should hold it and potentially buy more now, or later when all the institutional activity has died down. James Dunn has 5 remarkable REITs and Paul Rickard shares everything you need to know for a sector review. Buy, Sell, Hold – what the brokers say, has upgrades for ALS and Sirtex and our Super Stock Selectors single out Dulux and Hansen Technologies. Sincerely, Peter Switzer Inside this Issue 02 3 arguments for buying South32 by Tony Featherstone 05 Joe’s Viagra Budget will help these stocks by Peter Switzer 07 Everything you need to know for a sector update by Paul Rickard 10 5 remarkable REITs by James Dunn 13 Buy, Sell, Hold – what the brokers say 3 arguments for buying by Rudi Filapek-Vandyck South32 16 Shortlisted – Super Stock Selectors by Tony Featherstone by Penny Pryor 18 Steady as she goes for property 02 by Switzer Super Report Important information: This content has been prepared without taking account of the objectives, financial situation or needs of any particular individual. It does Switzer Super Report is published by Switzer Financial Group Pty Ltd AFSL No.
    [Show full text]