Boral Strategic Update and Developments slide image

Boral Strategic Update and Developments

Boral Australia is a strong, well positioned business Diversified geographic exposure increasingly focused on construction materials 1H FY19 Revenue¹ by region, % BORAL 402 operating sites³ 1. 2 3. 4. 5. 6 NSW/ACT 24 VIC/TAS/ SA • QLD • WA 25 1H FY19 Revenue¹ by business², % 2 9 Concrete & Placing 9 • Quarries Asphalt ⚫ Cement Building Products 21 ⚫ Other 12 45 47 9 1 WA 12 2 1 Quarries 75 Concrete 239 NT 1 18 1 Asphalt 43 QLD 66 1 Cement4 6 16 Bricks WA 1 SA Roof tiles 4 10 1 NSW/ACT Timber5 9 11 1 20 95 2 Masonry 3 3 4 14 9 С VIC/TAS 16 1 ~6,500 employees and ~5,000 contractors 54 1 8 Boral Australia external revenue for the 6 months ended 31 December 2018 Other includes Transport, Landfill and Property revenues As at 30 June 2018. Includes 22 clay pits, transport, recycling and R&D sites. Concrete sites include mobile plants. Excludes mothballed plants Includes cement manufacturing, grinding, bagging and lime plants in NSW, a clinker grinding plant in Victoria and a clinker grinding JV in Queensland Includes eight Boral Hardwood mills and one JV Softwood operation With valuable upstream and downstream operations Vertically integrated positions in key markets, especially in strong East Coast markets Cement > ~70% manufactured clinker, -30% imported > 1.5m tonne p.a. clinker kiln capacity and -4m tonne p.a. cement grinding capacity1 -50-60% Cement volumes sold internally to Concrete² -40-50% Quarry volumes sold internally to Concrete².3 Concrete & Placing (in Sydney & SEQ) > >7m m³ p.a. Per m³ concrete: -0.3t cementitious material ~1.0t aggregates Quarries (all product types) > >30m tonnes p.a. > Close to 1b tonnes total reserves with -20-50 years reserves in key metro quarries -35-55% Quarry volumes sold externally² ~0.9t sand End Customer 1. Includes Boral's share of 1.5m tonnes of grinding capacity in 50% owned Sunstate Cement JV 2. Based on long-term historical average 3. For sand and aggregates only Bitumen BIA JV ~5-15% Quarry volumes sold internally to Asphalt2,3 -35% of bitumen supplied by BIA JV2 Asphalt > >2m tonnes of asphalt p.a. › Per tonne asphalt -0.055t bitumen -0.7t aggregates -0.2t sand BORAL 5 6
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