Quarterly Conference Call
Management will hold a conference call on Thursday, February 14, 2013 at 11:00 a.m. (ET) to discuss Newalta's performance for the fourth quarter and year ended December 31, 2012. To participate in the teleconference, please call 1- 800-766-6630. To access the simultaneous webcast, please visit www.newalta.com. For those unable to listen to the live call, a taped broadcast will be available at www.newalta.com and, until midnight on Thursday, February, 21, 2013 by dialing 1- 800-408-3053 and using the pass code 3871450 followed by the pound sign.
About Newalta
Newalta is North America's leading provider of innovative, engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from industrial residues. We serve customers onsite directly at their operations and through a network of 85 facilities in Canada and the U.S. Our proven processes, portfolio of more than 250 operating permits and excellent record of safety make us the first choice provider of sustainability enhancing services to oil, natural gas, petrochemical, refining, lead, manufacturing and mining markets. With a skilled team of more than 2,000 people, two decade track record of profitable expansion and unwavering commitment to commercializing new solutions, Newalta is positioned for sustained future growth and improvement. Newalta trades on the TSX as NAL. For more information, visit www.newalta.com.
NEWALTA CORPORATION
MANAGEMENT'S DISCUSSION AND ANALYSIS
Three months and years ended December 31, 2012 and 2011
Certain statements contained in this document constitute "forward-looking statements". When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect", and similar expressions, as they relate to Newalta Corporation and the subsidiaries of Newalta Corporation, or their management, are intended to identify forward-looking statements. In particular, forward-looking statements included or incorporated by reference in this document include statements with respect to:
-- future operating and financial results;-- anticipated industry activity levels;-- expected demand for our services;-- business prospects and strategy;-- capital expenditure programs and other expenditures;-- the amount of dividends declared or payable in the future;-- realization of anticipated benefits of growth capital investments, acquisitions and our technical development initiatives;-- our projected cost structure; and-- expectations and implications of changes in legislation.
Such statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, without limitation:
-- general market conditions of the industries we service;-- strength of the oil and gas industry, including drilling activity;-- fluctuations in commodity prices for oil and lead;-- fluctuations in interest rates and exchange rates;-- supply of waste lead acid batteries as feedstock to support direct lead sales;-- demand for our finished lead products by the battery manufacturing industry;-- our ability to secure future capital to support and develop our business, including the issuance of additional common shares;-- the highly regulated nature of the environmental services and waste management business in which we operate;-- dependence on our senior management team and other operations management personnel with waste industry experience;-- the competitive environment of our industry in Canada and the U.S.;-- success of our growth, acquisition and technical development strategies including integration of businesses and processes into our operations and potential liabilities from acquisitions;-- potential operational and safety risks and hazards and obtaining insurance for such risks and hazards on reasonable financial terms;-- the seasonal nature of our operations;-- costs associated with operating our landfills and reliance on third party waste volumes;-- risk of pending and future legal proceedings;-- our ability to attract and retain skilled employees and maintain positive labour union relationships;-- open access for new industry entrants and the general unprotected nature of technology used in the waste industry;-- possible volatility of the price of, and the market for, our common shares, and potential dilution for shareholders in the event of a sale of additional shares;-- financial covenants in our debt agreements that may restrict our ability to engage in transactions or to obtain additional financing; and-- such other risks or factors described from time to time in reports we file with securities regulatory authorities.
