Macquarie Technology Group Limited · ASX:MAQ
Macquarie Technology — Macquarie Corporate Telecommunications — Shareholder Meeting (November 2002)
16 slides from Macquarie Technology's shareholder meeting presentation, Nov 27, 2002
Slide 1: Macquarie Corporate Telecommunications Annual General Meeting
Macquarie Corporate Telecommunications Annual General Meeting 27 November 2002
Slide 2: Board of Directors
Board of Directors ❖ John Priest, Chairman ❖ Aidan Tudehope ❖ Robert Kaye ❖ David Tudehope
Slide 3: Today's Agenda
Today’s Agenda ❖ Chairman’s Address ❖ Chief Executive’s Address ❖ Ordinary Business – Financial statements and reports – Election of directors
Slide 4: Chairman's Address
Chairman’s Address John Priest
Slide 5: 2002 Financial Performance
2002 Financial Performance ❖ Subdued IT&T business conditions and overall economic uncertainty ❖ $15.6 million EBITDA loss, in line with market guidance ❖ $10 million write-down of data facility reflects conservative approach ❖ Improved service delivery ❖ Tighter cost controls
Slide 6: 2002 Financial Performance
2002 Financial Performance ❖ $228.4 million service revenue, up 4% ❖ $8.6 million in capex; representing less than 4% of service revenue ❖ $26 million in cash ❖ $1.2 million in positive operating cash flow ❖ No debt
Slide 7: Operational Overview
Operational Overview ❖ Voice Services – carrier cost reductions boost profitability ❖ Data Services – generating an increasing share of revenue ❖ Government – major contract wins; exits 2002 EBITDA-profitable ❖ Singapore – growing customer base; exits 2002 EBITDA-profitable
Slide 8: Looking Ahead in 2003
Looking Ahead in 2003 ❖ Strategic planning improves marketing and service delivery ❖ Continued discipline in controlling costs and increasing profitability ❖ New mobile service completes full- service offering ❖ Appointment of new director
Slide 9: Chief Executive's Address
Chief Executive’s Address David Tudehope
Slide 10: Macquarie's Strategic Transition
Macquarie’s Strategic Transition
Slide 11: Macquarie's Positioning Statement
Macquarie’s Positioning Statement The Next Generation Integrated IT & Telecommunications Carrier that transforms your voice, data & online complexities into solutions.
Slide 12: Macquarie in Singapore
Macquarie in Singapore ❖ Revenue of $6.7 million in first full year of operation ❖ Singapore exits financial year as EBITDA-profitable ❖ Strong customer response to value- added billing, consulting services
Slide 13: Government Business Services
Government Business Services ❖ Revenue of $14.4 million in first year of operation ❖ Government exits financial year as EBITDA profitable ❖ Macquarie approved supplier on NSW, QLD and Federal tender panels
Slide 14: Macquarie Corporate Mobile
Macquarie Corporate Mobile ❖ Mobile completes implementation of full-service offering ❖ Integrated with voice, data and on-line services ❖ Requires limited capital investment ❖ Mobile number portability enhances market opportunity
Slide 15: Macquarie's Outlook
Macquarie’s Outlook ❖ Re-positioning as integrated IT&T carrier now largely complete ❖ Stubborn industry downturn continues to delay returns in new businesses ❖ But positive trends emerging in operational performance ❖ Well-positioned for any IT&T rebound
Slide 16: Macquarie Corporate Telecommunications Annual General Meeting
Macquarie Corporate Telecommunications Annual General Meeting 27 November 2002
Macquarie Corporate Telecommunications — Shareholder Meeting (November 2002) on 6ix