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Scott Charlton - Group Director of Operations Peter Brecht - Managing Director, Infrastructure Infrastructure Update . Agenda. Capabilities and markets Safety Trading update Major projects Risk approach Backlog/revenue split. Capabilities and markets . Capabilities
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Scott Charlton - Group Director of Operations Peter Brecht - Managing Director, Infrastructure Infrastructure Update
Agenda • Capabilities and markets • Safety • Trading update • Major projects • Risk approach • Backlog/revenue split
Capabilities and markets • Capabilities • Civil infrastructure • Building • Specialist engineering and asset management services • Market sectors • Roads, bridges, tunnels, water, rail, marine • Oil & gas, power, telecommunications, mining • Social and correctional facilities, commercial and industrial building and residential building Hunter Expressway, NSW 3
Safety • Leveraging best practice between Lend Lease and infrastructure businesses • Continued year on year reduction in Lost Time Injury Frequencies • Safety goal of zero harm – this aligns with Lend Lease goal of Incident & Injury Free • All companies are focusing on lead indicators however are still required to report the lag indicators Queensland Children’s Hospital, QLD 4
Trading update • Good start to the calendar year with A$756m of new work • Non residential building slow but opportunities in health and defence • Shortlisted on A$1b Victorian Comprehensive Cancer Centre • Shortlisted on a number of defence contracts • Engineering/infrastructure opportunities • Shortlisted on packages C & E of Regional Fast Rail • Shortlisted on A$700m Abbott Point marine project • Services • Opportunities for power and telecommunications • Strong combined backlog • A$5.3b of secured work at 31st March and A$1.6b of work pending Hunter Treatment Alliance, NSW 5
New secured and pending projects – 2011 *Not all of the amount may relate to construction work 1. May 2011 6
Risk approach • Solid risk management discipline • Comprehensive limits of authority and probity arrangements have been put in place • Largest fixed price contract size circa A$1b • No new material project issues identified • Alignment and best practice sharing of risk management and safety cultures Adelaide Convention Centre, SA 7
Backlog/ revenue split – 31 December 2010 * Definition of other construction contracts includes managing contractor roles, schedule of rates, alliance contracts and other contracts 8