![]() environmental incident frequency rate for the year due to some storm water, erosion and sediment management incidents recorded on the larger pipeline projects. Each of these areas has undergone significant procedural improvements with good progress made. A positive sign of this progress was the company receiving the inaugural Australian Pipeline Industry Association Environment Award for its erosion and sediment control practices on the QCLNG pipeline projects. We also received an Australian Biosecurity Award in recognition of our environmental management on the APLNG project. during the year with over 12,000 people across our various geographic locations. The business continues to focus on strong engagement with our employees and living our values. We believe in ethical behaviour, empowering leadership, training and development, open communication and performance management. markets, we enter the period of uncertainty with significant opportunities across our markets. Competition remains intense in all markets and margins are tight. current geographic footprint. The Asian and Middle East markets represent important growth opportunities for the company and these will be pursued to their fullest extent. greater resources to securing transport projects, especially larger opportunities in NSW. Additional strategies in Australia will include stronger marketing of the company's rail and industrial capabilities. systems with particular emphasis and attention on risk management, operational efficiency and cost control to ensure timely corporate intervention in underperforming businesses and projects. business partners for their continued custom. We look forward to our continued association and finding innovative, economic and sustainable ways to deliver your projects. face in our industry. We acknowledge your commitment to the company and your passion for creative construction. Chief Executive Officer |