Cimic : 2015 Annual Report 2015 Annual Report(PDF File 4.3 MB)

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2015

Annual Report

CIMIC Group Limited

ABN 57 004 482 982

For more than 80 years CIMIC Group, through its Operating Companies,

has played a significant role in building our region.

Marcelino Fernández Verdes

Executive Chairman and Chief Executive Officer

our fresh appro

Since the establishment of our mining operations as a small earthmoving business in 1934 by five brothers, and the foundation of our construction business in

1949, CIMIC and its Operating Companies have been closely involved with engineering, mining and infrastructure contracting in Australia and around the globe.

In 2014 and 2015 we extended this history - transforming our operating model, delineating our operations by activity and establishing new businesses. We now have businesses covering mining, construction, public private partnerships (PPPs), and engineering.

Each has a separate focus, whilst sharing a common approach to governance.

To reflect our new approach to business, we have refreshed our branding (outlined overleaf) and our Code of Conduct, and launched Group-wide Principles, to unify our culture and operations.

Our Principles are Integrity, Accountability, Innovation and Delivery

- underpinned by a continual focus on Safety. The Principles exist to guide our actions and act as a common unifying bond across our operations.

Our Principles guide us as we work to meet the needs of our clients and other stakeholders, and this is what ultimately helps drive continued shareholder returns.

*

ach to business

Safety underpins everything we do. The provision of a safe and healthy working environment for all our employees and those under our care is vital. We hold ourselves to a

consistently high standard of health and safety wherever we operate and we are committed to the elimination of injuries.

These changes, along with many others we have made during the past year, aim

RECENT APPOINTMENT

During the year we appointed Adolfo Valderas as Deputy Chief Executive Officer, in addition to his role as the Group's Chief Operating Officer.

Adolfo has had an integral role in

to sustain CIMIC as a leader.

the transformation of our operations

during the past two years, and he will be of great value to our company in this new role.

Adolfo will leverage the many opportunities before us to the benefit of our shareholders, clients and employees.

Trained as a civil engineer, Adolfo has held leadership roles with ACS companies (construction and

PPPs) internationally and brings his considerable management capabilities to the position.

Adolfo Valderas

Deputy Chief Executive Officer and Chief Operating Officer

* While Leighton Contractors has been renamed as CPB Contractors, Leighton Asia has retained its name.

streamlined operations

In January 2016 we launched a new brand for our Australian-headquartered construction operations, following the merger of the construction businesses of Thiess and Leighton Contractors.

Pacific Partnerships is the name of our Public Private Partnership (PPP) business, formed by blending the PPP and Build Own Operate Transfer capabilities of CIMIC's Operating Companies into a single entity.