About this Report
This 2018 Annual Report for Caltex Australia
Limited (ACN 004 201 307) has been prepared
as at 26 February 2019. Please note that terms
such as Caltex and Caltex Australia have the same
meaning as Caltex Group, unless the context
requires otherwise. An interactive version of the
Annual Report is available on our website. Visit
www.caltex.com.au to download or view a copy.
Shareholders can request a printed copy of
the Annual Report free of charge by emailing
secretariat@caltex.com.au or writing to the
Company Secretary, Caltex Australia Limited,
Level 24, 2 Market Street, Sydney
NSW 2000 Australia.
On the Cover
Ampol is Caltex’s international trading and shipping
team based in Singapore. It sources petroleum
products from global markets and connects their
supply chains with our market leading infrastructure
positions, such as our import terminal in Kurnell,
New South Wales (pictured).
This international supply capability underpins
Caltex’s reputation for reliable supply to wholesale
customers, while ensuring the competitiveness
of our refining and retail operations. Ampol
also manages supply to our first international
acquisition, Gull New Zealand, our partner Seaoil
in the Philippines, in which Caltex holds a 20%
equity interest, and our other international
wholesale customers.
Caltex Australia Limited
2018 Annual Report
Caltex Supply Chain 2
Refining 3
Integrated Australian fuel supply chain 5
Retail fuel and convenience 7
Network of Assets 8
2018 Highlights 10
Message from the Chairman
and the Managing Director & CEO 12
Operations Reports 16
Fuels & Infrastructure 17
Convenience Retail 21
Our people taking us further 25
Our approach to sustainability 29
2018 Financial Report 33
Lani Rauschenbach, CSA,
The Foodary, Narangba.
1
No other organisation in
Australia has the capability
and scale of Caltex in the
transport fuels and
convenience retail industries.
Our 6,629 employees, peerless infrastructure and
network assets, industry knowledge and customer
relationships allow us to safely and reliably deliver
the fuels that keep Australia’s economy moving and
the everyday retail products that make life easier.
Caltex has a proud and long history in Australia
and over the last five years has transformed
to focus on our two connected businesses –
Fuels & Infrastructure and Convenience Retail.
The capability and scale of both businesses
underpin our performance and provide the building
blocks for our future. The ongoing international
expansion of Fuels & Infrastructure and development
of our Convenience Retail offer are central to our
growth strategy.
OUR CORE BUSINESSES
FUELS & INFRASTRUCTURE CONVENIENCE RETAIL
2130 HRS | The Foodary, Narangba
2 CALTEX AUSTRALIA 2018 Annual Report
Our Fuels & Infrastructure
division sources, imports,
refines and distributes the
fuels and lubricants that
meet one-third of Australia’s
transport needs.
3
Refining
Caltex’s Lytton refinery is one of the most efficient
small refineries in Asia, representing a major centre
of technical capability, delivering core earnings and
supporting our broader value chain.
Processing crude and feedstocks sourced and
shipped by Ampol, the refinery produces over
6 billion litres of product each year used by
our customers or sold to wholesalers in the
Queensland market.
FUELS & INFRASTRUCTURE
1830 HRS | Lytton Refinery
6.2 BL
of total production in 2018
99 %+
of inputs converted
to high value products
4 CALTEX AUSTRALIA 2018 Annual Report
Caltex has a proud and long history
in Australia and continues to
succeed in an increasingly
competitive market.
5
Integrated Australian
fuel supply chain
Caltex owns the largest finished product
import terminals in both Australia and
New Zealand and a broad network of assets
that allow us to safely and reliably store and
distribute high quality petrol, jet fuel, diesel
and lubricants sold in our retail business and
used by business and commercial customers.
With our broad network and our capable
team, we are proud to supply our customers
anywhere they need our products and services
across Australia. The scale of our wholesale
demand base in Australia sustains Ampol’s
competitive advantages and supports
Lytton production.
of fuel pipelines
bulk fuel storage and
distribution hubs
total B2B customers
1330 HRS | Brisbane Airport
300 KM+
94
~80,000
FUELS & INFRASTRUCTURE
6 CALTEX AUSTRALIA 2018 Annual Report
Through new formats, new
products, new technology and
new services we are redefining
what convenience means for
Australians in the petrol and
convenience market.
