Investor Presentaiton
Investing to accelerate production and free cash flow growth
Beach is now targeting
34-40MMboe annual production
in the medium term...
Production outlook¹
(MMboe)
...and cumulative free cash flow³
of more than $2.7 billion over
the next 5 years...
Free cash flow outlook¹
($ million)
beach
...by accelerating investment in
our expanded growth portfolio
Capital expenditure outlook¹
($ million)
40
40
35
30
50
25
20
FY19A FY20E FY21E FY22E
FY23E
FY24E
☑Outlook presented October 2018 Updated 5 year outlook
1,200
1,000
800
600
400
200
0
FY20E
FY21E
FY22E
FY23E
FY24E
3. Free cash flow is defined in disclosures on slide 2 of this presentation. For five year outlook purposes cash flows associated with operating leases are not adjusted for potential changes from AASB 16.
1. Outlook is determined using the assumptions set out on the "Compliance Statements" slide.
7
2. "Fixed" refers to stay-in-business capital expenditure.
1,000
750 - 850
650 - 800
800
600
400
200
FY20 guidance
range
FY21-24
Outlook
RangeView entire presentation