Bell Financial Group Limited · ASX:BFG
Bell Financial — Shareholder Meeting (April 2015)
21 slides from Bell Financial's shareholder meeting presentation, Apr 29, 2015
Slide 1: AGM Presentation Materials
ASX RELEASE. 29 April 2015 For personal use only ASX Market Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000 Via ASX Online AGM PRESENTATION MATERIALS We attach a copy of the presentation materials that will be addressed by the Executive Chairman and the Managing Director at Bell Fi
Slide 2: Annual General Meeting 29 April 2015
For personal use only ANNUAL GENERAL MEETING 29 April 2015
Slide 3: Colin Bell
For personal use only ANNUAL GENERAL MEETING Colin Bell
Slide 4: Alastair Provan
For personal use only ANNUAL GENERAL MEETING Alastair Provan
Slide 5: 2014 Highlights
2014 HIGHLIGHTS For personal use only Strong contribution by the ECM division Solid growth in the Futures and Foreign Exchange business The Bell Direct business continues to grow across all Key Performance Indicators Balance Sheet remains solid with $47m Net Tangible Assets and $56m cash and
Slide 6: Results Summary FY 2014
For personal use only 2014 2013 % change RESULTS SUMMARY FY 2014 $m $m Equities Execution Revenue $75.9 $85.5 -11% Equity Capital Markets Revenue $31.1 $24.1 29% Futures & FX Revenue $10.6 $8.6 23% Bell Direct Revenue $8.6 $7.8 10% Margin Lending Revenue $11.1 $12.4 -10% Portfolio Administration (PA
Slide 7: Business Priorities
For personal use only BUSINESS PRIORITIES Technology & Compliance - Third Party Platform - FUSION - Other products Costs - Office rent $2m p.a. saving ANNUAL GENERAL MEETING Page 6
Slide 8: Market Update
For personal use only MARKET UPDATE A solid start to the year First quarter revenue was $37m, up 14% on the p.c.p First quarter profit before tax was $2.6m a significant improvement on the p.c.p. $235k profit ANNUAL GENERAL MEETING Page 7
Slide 9: Ordinary Business
For personal use only ANNUAL GENERAL MEETING Ordinary Business BFG reports for year ended 31 December 2014
Slide 10: Resolution: Election of Directors
For personal use only ANNUAL GENERAL MEETING Resolution 1 Election of Directors
Slide 11: Resolution: Election of Directors - Mr Brian Wilson
RESOLUTION 1 For personal use only ELECTION OF DIRECTORS Mr Brian Wilson ANNUAL GENERAL MEETING Page 10
Slide 12: Election of Directors - Mr Brian Wilson voting results
RESOLUTION 1 For personal use only ELECTION OF DIRECTORS Mr Brian Wilson FOR: 142,504,596 AGAINST: 350,606 OPEN: 186,800 Open in favour of the Chairman: 175,300 ANNUAL GENERAL MEETING Page 11
Slide 13: Resolution: Adoption of the Remuneration Report
For personal use only ANNUAL GENERAL MEETING Resolution 2 Adoption of the Remuneration Report
Slide 14: Resolution: Remuneration Report voting results
RESOLUTION 2 For personal use only REMUNERATION REPORT Adoption of the Remuneration Report FOR: 140,696,391 AGAINST: 374,528 OPEN: 126,800 ANNUAL GENERAL MEETING Page 13
Slide 15: Bell Financial Group Limited
For personal use only BELL FINANCIAL GROUP LIMITED www.bellfg.com.au ACN 083 194 763
Slide 16: 2015 AGM Executive Chairman's Address
2015 AGM EXECUTIVE CHAIRMAN’S ADDRESS The improvement of the second half of calendar 2014 has continued into the first quarter of this year. But the markets are still difficult and investor sentiment is affected by weak commodity prices and high debt levels. Although the outlook for the Australian d
Slide 17: For personal use only
Our research and distribution agreement with Citi has been a success and we are optimistic about how this relationship will develop. Our share of overall market volume is intact and equities constitutes a significant part of this total investment pool. We are well positioned to benefit when markets
Slide 18: 2015 AGM Managing Director's Address
2015 AGM MANAGING DIRECTOR’S ADDRESS Thank you Colin. Good morning ladies & gentlemen. I am sure everyone is aware that 2014 was a pretty flat year as far as market For personal use only returns are concerned. Weakness in resources, energy and the consumer sectors were offset by strength in financia
Slide 19: Slide 2
SLIDE 2. Execution revenue while reflecting generally lower market turnover was nevertheless disappointing. This was the case for both our retail and wholesale desks and combined revenue was down 11% on the previous year. Our Equity Capital Markets & Syndication desks either originated or For person
Slide 20: Technology
SLIDE 3. Technology We think technology is vital to staying competitive in today’s client servicing market. For personal use only We have made a significant investment in technology and have a number of proprietary projects at various stages of delivery and development which will not only keep us at
Slide 21: Market Update
SLIDE 4. Market Update Despite January being quiet we were confident, given our Capital Markets pipeline and the generally better market performance, the trend established in the second half of 2014 would carry over into 2015. And so far it has. For personal use only First quarter revenue of $37 mil
Bell Financial Group — Shareholder Meeting (April 2015) on 6ix