Exhibit 99.3 Slides of Presentation by Richard B. Evans, Executive Vice President, Alcan Inc.
Forward Looking Statements | |||
Statements made in the course of this presentation which describe the Company's intentions, expectations or predictions may be "forward-looking statements" within the meaning of securities laws. The Company cautions that, by their nature, forward-looking statements involve risk and uncertainty, and actual actions or results could differ materially. Reference should be made to the most recent Form 10-Q and Form 10-K for a summary of major risk factors. In addition, certain non-GAAP measures are used which are reconciled to the comparable GAAP measures herein or on the Company's website at www.alcan.com in the "Investors" section.
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© 2005 ALCAN INC. | Slide 2 |
Total Assets by Business Group | |||
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© 2005 ALCAN INC. | Slide 3 |
Net Investment by Business Group | ||
Investments in line with assets; except B&A |
Business Group | Investments | Divestments* | Net Change | |||
US$M (unless otherwise stated) | Capex | Acquisitions | NBV | |||
$ | No. | $ | No. | $ | $ | |
Bauxite and Alumina | 562 | - | - | 1 | (50) | 512 |
Primary Metal | 608 | 1 | 110 | 2 | (218) | 500 |
Engineered Products | 234 | - | - | 1 | (4) | 230 |
Packaging | 478 | 3 | 25 | 5 | (29) | 474 |
TOTAL | 1,882 | 135 | (301) | 1,716 |
*Excludes PWT divestments.
© 2005 ALCAN INC. | Slide 4 |
Strategic Operating Business Model | |||
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© 2005 ALCAN INC. | Slide 5 |
Key Drivers and Metrics | |||
Differ between upstream and downstream businesses | |||
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© 2005 ALCAN INC. | Slide 6 |
Simple Measurable Operating Targets | ||
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Revenues per $ of assets * | Metrics | 2009 Targets | |
Bauxite and Alumina | $0.80 | Relative cost position | 50% in first quartile; 75% in lower half |
Primary Metal | $0.85 | Relative cost position | 55% in first quartile; 80% in lower half |
Engineered Products | $1.45 | % BGP margin | 10% |
Packaging | $0.80 | % BGP margin | 15% |
* Third-party and intercompany revenues
© 2005 ALCAN INC. | Slide 7 |
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© 2005 ALCAN INC. | Slide 8 |