Boral Strategic Update and Developments slide image

Boral Strategic Update and Developments

BORAL Boral's potential surplus property and project pipeline A national portfolio of approximately 2,800 hectares¹ with potential to yield end use value and generate ongoing earnings over the next 20+ years KEY Manufacturing Quarrying / mine Vacant land NT QLD Queensland Lawnton (12 ha) Mount Crosby (427 ha) New South Wales Armidale (2.5 ha) Bombo (44.5 ha) Dido Street, Kiama (3.7 ha) Western Australia WA SA NSW/ACT Medway (247 ha) Berrima (275 ha) Maldon (50 ha) Penrith Lakes Wingham (7.7 ha) Donnybrook (338 ha) Scoresby (171 ha) Waurn Ponds (1020 ha) Deer Park Landfill Middle Swan (30 ha) South Australia VIC/TAS Para Hills (70 ha) Reynella (20 ha) Stonyfell (120 ha) Victoria 1. Excludes Penrith Lakes and Deer Park Landfill BORAL Sustainable property & landfill earnings into the future Ongoing earnings projected from property, including ~$30m¹ in FY2019, and a significant potential pipeline FY2019 FY2021 FY2024 FY2027 FY2030+ Tactical/surplus land sales $40m+ current pipeline includes: NSW - Armidale, Wingham, Kiama, Bombo | WA- Jandakot | SA-Reynella, Stonyfell, Para Hills Ongoing projects Donnybrook, Vic Projected $300m+ (to ~2040) Scoresby, Vic Potential $300m+ (subject to rezoning) Waurn Ponds, Vic Potential $100m+ (subject to rezoning) Penrith Lakes (PLDC), NSW Timing and contribution being evaluated Deer Park landfill², Vic Projected $500m+ (over the life of the current landfill)² With Boral's deep property land bank and ongoing investment in the business, the pipeline will continue to refresh 1. FY2019 includes earnings from sale of Penrith Lakes employment lands, as well as contribution from Donnybrook 2. Based on gain on disposal of Western Landfill business (which was reported as a significant item in FY2015) and assuming current landfill royalties (reported as earnings in operating business) to continue at a similar level for the life of the current consented landfill, subject to required approvals 41 42
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