Credit Corp Group Limited · ASX:CCP
Credit — H1 2007 Earnings Presentation
14 slides from Credit's earnings presentation, Feb 20, 2007
Slide 1: Credit Corp Group Half Year Results Presenters
Geoffrey Lucas Managing Director Caroline Daniel Chief Financial Officer Matthew Angell Chief Operating Officer Cc Credit Corp Group
Slide 2: Financial Results
Financial Results H1 2007 H1 2006 Revenue $m EBITDA $m NPAT $m EPS - cents Div/ Share - cents Cum TSR -$ $ million Revenue & Profit NPAT =" Revenue Credit Corp Group
Slide 3: TSR - Total Shareholder Return since listing
TSR Total Shareholder Return since listing 1H FYOt 4H FYO2 1H FY03 TH FYO4 1H FY05 1H FY06 H1 FY07 = Credit Corp Group
Slide 4: Cash Flows from Operating Activities
CASH FLOWS FROM OPERATING ACTIVITIES Cash Flow ECONOMIC ENTITY 34-Dec 2006 $ 34-Dec 2005 $ Receipts from customers. 61,439,016 36,328,024 Payments to suppliers arid employees (19,217,461) (12,063,959) Interest received TIA 47,355 Finance costs (2,132,719) (1,362,862) Income tax paid (3.904.805) (2,8
Slide 5: Cash Flow
Cash Flow > Cash flows funding the FY07 acquisition program Cash Flow $ million 40 > 35 > 30 + 1H FY05 1H FY06 1H FYO7 ———Net Cash from Operations cconaee Net Cash from Financing = Credit Corp Group
Slide 6: Financial Position
Financial Position ECONOMIC ENTITY ec 2006 = 36-Jun 2006 $ $ CURRENT ASSETS Cash and cash equivalents 3,068,727 2,835,858 Trade and other receivables 2,451,784 2,461,493 Other current assets 774,563 620,669 Available for sale financial assets 45,891,948 36,469,945 TOTAL CURRENT ASSETS 52,187,021 42,
Slide 7: Expenditure Control: % of Revenue H1 FY06 vs H1 FY07
H1 FY06 - % of Revenue gw Employee B MPAT, 18% Expenses, 21% Share Based ts, 29 Tax, 8% Payments, 2% @ Collection Expenses, 7% v ia Other Expenses, 9% @ Ledger Amortisation, 34% Expenditure Control =» Tight controls around key variable expense categories > Employee Expenses & Collection Expenses ste
Slide 8: Strategic Achievements H1
Strategic Achievements H1 07 »> Strengthening Senior Management Team =» Ongoing execution of regional labour strategy => Successful integration of Pioneer Credit in Western Australia > Refinement of screening and selection processes => Refinement of induction processes for Account Managers and FLM l
Slide 9: Our People — Business Unit Distribution
Our People — Business Unit Distribution Group H1 2007 2006 2005 Executive 3 3 2 Management L 10 10 Support 60 38 24 Operations 280 212 141 Total FTE 350 263 174 Workforce Distribution 160% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 4 HA FY0?7 FY06 Fyas = Credit Corp Group we Executive ag Management mw S
Slide 10: Our People — Regional Distribution
Our People — Regional Distribution Credit Corp Group
Slide 11: Favourable Macro Climate
Favourable Macro Climate The macro economic environment for CCP is sound .. ‘00 Housing Debt ‘@ Personal Debt “ASbn . 800 $ ‘CAGR 15.3% -CAGR 11.2% 400 __ with interest rates at their peak 13% 1% 14% 6% 9% 63% 5% T% aa 4% 5% 3% + 69% 3% 4 Feb Aug Feb Aug Feb Aug Fab Auy Fab Aug Fab Aug Feb Aug Feb A
Slide 12: Favourable Macro Climate
Favourable Macro Climate * Continued growth in consumer credit * Supply volume increasing following three rate rises in 2006 * Tax cuts, strong employment and real wage rises supports recoverability Economic impacts on Australian consumer Jan ’0 an ‘07 Aouechold ANON $20,000 Credit Corp Group
Slide 13: Ledger investments of $100 to $110 million
> Ledger investments of $100 to $110 million > NPAT toward upper end of $18 to $19 million range > EPS growth of ~25% > Continued market leadership => Continued regional expansion => Broadening of operational model to include outsourced contingent service provision => Commencement of operational ref
Slide 14: Geoffrey Lucas, Caroline Daniel, Matthew Angell
Geoffrey Lucas Managing Director Caroline Daniel Chief Financial Officer Matthew Angell Chief Operating Officer Cc Credit Corp Group