CK Infrastructure : 2018 Annual Results Investor Presentation (PDF)

ANNUAL RESULTS

2018

20 MARCH 2019

CK Infrastructure

Holdings Limited

2018 Results Overview

Profit contribution from: (HK$ million)	2018	2017	2018 vs 2017
Investment in Power Assets	2,903	3,597	-19%
United Kingdom portfolio Australia portfolio Continental Europe portfolio Canada portfolio New Zealand portfolio Hong Kong and Mainland China portfolio	5,275 2,066 870 335 172 389	5,273 1,939 412 241 171 468	- +7% +111% +39% +1% -17%
Total Profit Contribution	12,010	12,101	-1%
Profit Attributable to Shareholders	10,443	10,256	+2%

Underlying Business Profit Contribution

10,443

9,236

+13%

EPS (HK$/share)

4.14

4.07

+2%

Interim DPS (HK$/share) Final DPS (HK$/share)	0.680 1.750	0.670 1.710	+1.5% +2.3%
Full year DPS (HK$/share)	2.430	2.380	+2.1%

Sustainable Dividend Growth (22nd Consecutive Year)

Interim DividendFinal Dividend

2.4

2.2

2.0

1.8

1.6

1.4

1.2

1.0

0.8

0.6

0.4

0.2

0.0

96

97

98

99

00

01

02

03

04

05

06

07

08

09

10

11

12

13

14

15

16

17

18

Dividends per Share (HK$)

Global Portfolio

As of 19 March, 2019

Mainland China / HK
33.5%	Shen-Shan Highway (Eastern Section)
30%	Shantou Bay Bridge
51%	Tangshan Tangle Road
44.2%	Changsha Wujialing and Wuyilu Bridge
50%	Jiangmen Chaolian Bridge
40%	Panyu Beidou Bridge
50%	Alliance Construction Materials
100%	Green Island Cement
100%	Anderson Asphalt
100%	Green Island Cement (Yunfu)
67%	Guangdong Gitic Green Island Cement

United Kingdom
40%	UK Power Networks
40%*	Northumbrian Water
47.1%	Northern Gas Networks
30%*	Wales & West Gas Networks
50%*	UK Rails
25%	Seabank Power
4.8%	Southern Water

Continental Europe
35%*	Dutch Enviro Energy
50%	Portugal Renewable Energy
35%	ista

Australia
23.1%	SA Power Networks
23.1%	Victoria Power Networks
26.4%	United Energy
45.0%*	Australian Gas Networks
40%	Multinet Gas
40%	Dampier to Bunbury Pipeline
40%	Energy Developments
50%	Australian Energy Operations

Canada
50%	Canadian Power
50%*	Park'N Fly
16.3%	Canadian Midstream Assets
25%	Reliance Home Comfort

Investment in PAH
36.0%	Power Assets (6-HK)

New Zealand
100%	EnviroNZ
50%	Wellington Electricity

Note: * The percentages exclude the economic benefits acquired from CKHH by CKI in October 2018

CKI Long Term Development Strategy

• » To nurture organic growth from the Group's existing portfolio

• » To expand the Group's portfolio by acquiring quality businesses with strong and recurrent returns

• » To maintain a strong balance sheet with steady cash flow and low gearing