Mcmillan Shakespeare Limited · ASX:MMS
Mcmillan Shakespeare — Investor Presentation (March 2007)
22 slides from Mcmillan Shakespeare's investor presentation, Mar 29, 2007
Slide 1: McMillan Shakespeare
oe So Co WAU REM Shakespeare, = SY — — so — — ce Oo a oe — Oo . | = — Se SO SR Oe So : — oo - - : — Oo — Oe —“aiCSC CCO— ce — : -. oe oO — rr — —r——e : — —<“—s—s—s—stsisi—i‘“—<i—<i<i—i<—i—i—i<i—i‘ ‘COSMO a . - |
Slide 2: Overview - The evolution of MSI
Overview ~— The evolution of MSI. LLL!!!” r———“—O—O—OSOC*C*C(SSCSCOC(‘’YCSCSCCON Late 1860's ~ Early 1920's, ‘Origins of the.” business —~ an accounting practice Ht 2004 Mid 1200's 1996 2003 H2 2064 2008 » 2006 2007 —e
Slide 3: Employee Benefits & Programs
Employee Benefits & Programs Wee eee 8 6 eee ee ee eee eee ee ee eae ee , Benefits & Prog e a AllEmployers ©.” . +. Motor vehicles ; _ Employee assistance. programs *, ~ traditional leasing en ¢-.. +» Financial management : ~ short term leasing a a “education programs + In-house dining/benefits. : .
Slide 4: Salary Packaging Example (Mortgage Repayments & Laptop Computer)
Salary Packaging Example (Mortgage Repayments & Laptop Computer) Public Hospital Employee 2 a . = . a 2 x By salary packaging, an employee client could save up to $5,135 on mortgage repayments & purchase of a $2,000 laptop computer as described below: 6.000 6.000 4,000 | 3,008 Benetit after tex: (5)
Slide 5: Salary Packaging Example (Motor Vehicle Lease)
Salary Packaging Example (Motor Vehicle Lease) Full FBT Employer Bee eee ee eee ee An employee client could save up to $4,688 per FBT year by salary packaging a novated motor vehicle lease (with a base value of $33,000) as described below: Benefit after tax ) BOk -BGE- 150k = 1BB 160k+ rr os Soke ee
Slide 6: Market Size & Share - Outsourced Salary Packaging Market
Niarket Size & Share ~ Outsourced Salary Packaging Market BAe eee eee L...LD!LDLUL.UlUO”tC—“"EOOU.UULU.UDULU.UDU.U.U.UUCti“‘(‘( i‘COUO#*#*;:C*«*é«*«wé«‘“‘COC Market Size + The Australian employment market comprises approximately 10 million employees. Of this amourt, approximately 10% are employed in
Slide 7: Market Size & Share - Vehicle Benefit Market
Market Size & Share —- Vehicle Benefit Varket ULL...” !!.!.!.UULU””:Ct—“=#;RNNNCCOCOCO#”:COW#;...U.U.UUU Market Size + The total vehicle benefit market comprises mainly fleet vehicles and novated lease vehicles. This is a subset of the overall Australian employment market (ie. employees who salary p
Slide 8: MSL's Client Composition - Private vs Public Sector
NSL's Client Composition ~ Private ve Public Sector LL. LLL” ...OF.”TOCttC”O”COC“EED"E" CW a a te CH ion a MSL. $ Client Composition Revenue & EBITDA Analysis a Private vs Public Sector : wom, Revenue gy EBITDA EBITDA Margin % a Private sector 60 _ 40.0% A 25% a 38.0% s 50 a 36.0% a a y | 34.0% 2 Pu
Slide 9: A Performance Driven Culture
A Performance Driven Culture ae SURO SoU een ede ee eo Credibility, Experience, Recognition, Innovation Capacity and Capability Values, Culture & People Quality & Proven Execution SUE Shakespeare tect the Cfietl lene rts
Slide 10: Why Childcare and Work-Life Balance Programs?
Why Childcare and Work-Life Balance Programs? LL. LLL” ...OF.”TOCttC”O”COC“EED"E" CW « Employers are increasingly aware that programs that seek to help employees manage work, family & personal life can assist in: — Attracting and maintaining staff — Improving job & overall life satisfaction — Assist
Slide 11: Opportunity
Opportunity ... . .. hl l”Ct™™””C”™””COC"#ET"=EN”—.— (w...”.T”O”,”C—™CTTT.UC"ENR)'—=— yan rent Ne expense spared : ~ at Byron's preschool eng. esd meses ae Petes Bao, ee a eur EE oe Se af ie ena he umpc arse sane ee hn, Ce Tas pete ide abe week prema We {Gea lie Svan bey Boy we, on Eo eguees fru wi
Slide 12: Provision of Child and General Care Services to NSW Government
Provision of Child and General Gare Services to NSW Government a * ASX announcement made on 5 March 2007 that McMillan Shakespeare Limited has entered into a Memorandum of Understanding with the NSW Government to deliver childcare and general care services to NSW Government employees. * The objectiv
Slide 13: McMillan Shakespeare Childcare Services & Work-Life Balance Programs
McMillan Shakespeare Childcare Services & Work-Life Balance Programs LLL LLrlLLLUULDLL”,UUOOCOOCOC“ ER... UU r:t~—~—CSC‘C‘iCi Childcare Placement , / . Occasional Care Work Life Programs Assist to locate childcare Payment of expenses via post tax payroll deduction Mc
Slide 14: Objectives of the Model
Objectives of the Model ol rllr.”—t—“‘“#*$RCOCO”;C!”;CO#CO#O*#”#*#té*é*é*é*é‘(‘Cié‘‘C‘(‘(‘C‘‘“(SRNNCOCOUCO”!#CO * Establish access to quality childcare using existing facilities with vacancies * No need for an employer to establish a facility, fit out the facility etc * Link an employer and their em
Slide 15: Corporate Childcare - The Model
Corporate Childcare - The Nodel LL. LLL” ...OF.”TOCttC”O”COC“EED"E" CW Priority access to a variety of child care centres, and locations + Salary packaging of child care paymenis + Central booking system for child care placements + Cater for long term, casual and emergency care + Existing arrangemen
Slide 16: Corporate Childcare - The Model
Corporate Childcare - The Model LLL. LLL”... .....L!!O”.O”T”””COC UU r:t~—~—CSC‘C‘iCi : a Employees re Care Providers . seeking seeking clients - care : a: Mc
Slide 17: Example - Hrs of Childcare Per Week
Example ~ 40 Hre of Childcare Per Week Co .!hLDLhLU!LD!.LULU”FCDrt—‘“‘“‘“‘“‘“‘(‘(‘(‘(C‘( e!.!.!O!OU!O!U!UU.U!U}U!U!U.UhU Annual Benefit LLL rti“‘(C;«;yCC;COC#COCC Assumptions AO hrs of care per week for 48 weeks Weekly cost $405 (ie gap payment) Weekly CCB - $20 Childcare cost par week no CCB paymen
Slide 18: Occasional Care Work Life Programs
Occasional Care Work Life Programs The Rationale LL. LLL” ...OF.”TOCttC”O”COC“EED"E" CW The Australian Institute of Health and Welfare estimates that there is an overall shortfall of 175,000 child care places nationally, including 45,000 lang day care places and 37,000 occasional care for children.
Slide 19: Occasional Care Work Life Programs
Occasional Gare Work Life Programs Voucher Program ee ee ee | * Program aim — to assist the employee to attend work & confidently address family & personal demands by providing a broad range of services, including: — Emergency/casual child care — Vacation care/outside school care Eldercare-at-home —
Slide 20: Childcare Placement
Childcare Placement The Model lll...“ .".”"..!..COOUUO.L.....F The Childcare Placement service is intended to facilitate the identification of suitable childcare centres for employees and will include centres where the FBT exemption is available as well as independent centres. CC rr———“—s—OCOSCOC*C“
Slide 21: Advantages to Employees and Employers
a Advantages to Employees and Employers lL! "tt! !...ULU..U.CO™”™”OC—COC“*#EEN Advantages to Employees « Immediate cost savings on child care — no need to wait for 30% Tax Rebate. « Accessible child care places in multiple locations including regional and rural QLD. « Only centres and staff that are
Slide 22: McMillan Shakespeare Limited - Positioned for Growth
McMillan Shakespeare Limited Positioned for Growth Bee eee ee eas ee ee Cite e eee eee ee eee ee Financial services Specialist ioe ores Chitéeare ineluding benefit Finance Asso customer” Senices Se McMillan Mitac Seecinst® Fleet salary mortgage programs and management ices inctedirg) Services. : eve
McMillan Shakespeare — Investor Presentation (March 2007) on 6ix