2006 Annual Report and AGM

7 April, 2007


Ausenco Limited’s Annual Report for the year ended 31 December 2006 was lodged and released on 23 March 2007. The report highlights Ausenco’s continued sustainable growth as a diversified engineering and project manager to the global mining and minerals industry.

Major 2006 full year financial highlights include continued growth in operating revenue of $144.4 million, 75% of which is received from international activities, a record net profit after tax of $13.4 million and a strong balance sheet underpinned by solid operating cash flow of $14.1 million.

The 128% growth in personnel numbers to 772 as at 31 December 2006 contributed to strong operational performance including the successful completion of three major projects, the opening of four new international corporate offices enabling US$1.2 billion of new project work that was secured to commence.

Ausenco’s 2006 Annual General Meeting (AGM) will be held on Wednesday 2 May 2007 commencing at 2:00pm (AEST) at the Brisbane Convention Centre, Merivale Street (corner of Glenelg Street), South Brisbane.

For media & investor enquiries & questions contact


Craig Allen, Chief Financial Officer on 61 7 3112 8200
E-Mail:

For business development enquiries contact


Stuart Ratcliffe, General Manager Business Development on 61 8 9223 1900
E-Mail:

Ausenco Limited, provides multi-disciplined engineering, procurement, project and construction management services to the mining, minerals and metal processing industry. The company participates in all phases of a project’s progression, from project scoping studies, process option/technical review assessments, feasibility studies utilised for project financing, through to project design, construction and commissioning. Ausenco’s group of companies also services companies through their operation and maintenance division, supplying key asset management and operational support. These services are applied to projects in a broad range of processing areas, both nationally and internationally.