Financial Viability

With a combined asset base of US $ 15.8 billion and a total annual turnover of US $26.1 billion,
our size and stability, together with our cost-efficient manufacturing environment, enable ACMC
to offer quality pipes and fittings at highly competitive prices.

As a group, we have the ability to manage project liabilities, such as bank guarantees and production
outlays, with no risk to our customers and no risk to pipe and fittings supply.

Our assets to liabilities ratio is 1:1.8139.

As a comparison many Australian companies operate on asset to liability ratios with significantly less margin.
For example BHP has an asset to liability ratio of 1:1.082 and NAB has an asset to liability ratio of 1:1.074.
This information was sourced from Comsec published information 2007.

Our pricing structure is flexible enough to accommodate significant order changes if required,
and our financial stability demonstrates that we can carry major production costs for long periods without
undue pressure on our team or the construction of the pipeline project.