Performance Highlights

Annual Report 2009
PDF (1.73 MB)

Achieved 9th consecutive year of record underlying financial performance, reporting increases on all key financial measures
Increased full-year distributions by 5.1%, achieving guidance
Completed refinance of $1 billion debt due in 2010
Affirmed as an investment grade company
- Standard & Poor's assigned a BBB long term
corporate credit rating
Established Energy Infrastructure Investments
- APA sold its annuity-style assets, and retained a
19.9% equity interest together with the
management and operation of the assets
under a long term agreement

-- Performance Highlights Graphs

Constructed two additional compressor stations, Ned's Creek and Wyloo West
on the Goldfields Gas Pipeline in Western Australia
Constructed an additional compressor station, Davenport Downs on the
Carpentaria Gas Pipeline in Queensland
Continued investment in the Moomba Sydney Pipeline to increase winter
capacity
Constructed the Bonaparte Gas Pipeline and Wickham Point Pipeline in the
Northern Territory
Completed construction of the Brooklyn Lara Pipeline in Victoria
Acquired the Central Ranges Pipeline and Central Ranges Network in
northern New South Wales
Increased equity interest in Envestra to 30.4%

-- Performance Highlights Australia