Slide 1: BSA Limited Investor Presentation
BSA Limited Investor Presentation 04 March 2008 page 1 For personal use only BSA Limited Investor Presentation For personal use only
Slide 2: Results Presentation – Half Year 07/08
BSA Limited Investor Presentation 04 March 2008 page 2 Results Presentation – Half Year 07/08 For personal use only • Half Year Results • Contract & Earnings Growth • Operational & Reporting Framework • The Outlook (including Financial Projections) • The Board For personal use only
Slide 3: December 2007 – Half Year Summary
BSA Limited Investor Presentation 04 March 2008 page 3 December 2007 – Half Year Summary For personal use only • 63% + revenue growth year on year due to Triple M and FOXTEL Cable • 42% + NPAT growth year on year reflects operating efficiency, improved margins and positive results through the Triple
Slide 4: Results – Half Year Ended Dec 2007
BSA Limited Investor Presentation 04 March 2008 page 4 Results – Half Year Ended 31 Dec 2007 For personal use only Increasing revenue and profitability Dec 2007 Dec 2006 June 2007 Actual Actual Actual Revenue $ 122.3 m 74.9 m 159.0 m EBITDA $ 10.3 m 7.2 m 14.3 m EBITDA % 8.4% 9.6% 9.0% NPAT $ 6.4 m
Slide 5: Results – Half Year Ended Dec 2007
BSA Limited Investor Presentation 04 March 2008 page 5 Results – Half Year Ended 31 Dec 2007 For personal use only Earnings per share continues to grow Dec 2007 Dec 2006 Movement Actual Actual Revenue $ 122.3 m 74.9 m up 63.3% EBITDA $ 10.3 m 7.2 m up 43.1% NPAT $ 6.4 m 4.5 m up 42.2% Interim divide
Slide 6: Key Financials – Ended Dec 2007: Cash Flow
BSA Limited Investor Presentation 04 March 2008 page 6 Key Financials – Ended 31 Dec 2007 For personal use only Continue to generate cash Dec 2007 Dec 2006 Cash Flow Movement Actual ($’000) Actual ($’000) Cash flows from operations 14,673 1,342 Up 993% Add back net interest paid 398 76 Up 424% Deduc
Slide 7: Key Financials – Working Capital
BSA Limited Investor Presentation 04 March 2008 page 7 Key Financials – Ended 31 Dec 2007 For personal use only Efficient management of working capital Dec 2007 Dec 2006 Working Capital Movement Actual ($’000) Actual ($’000) Receivables 33,765 24,917 Up 35.5% Stock 4,291 4,053 Up 5.9% Less Payables
Slide 8: Key Financials – Geared for growth
BSA Limited Investor Presentation 04 March 2008 page 8 Key Financials – Ended 31 Dec 2007 For personal use only Geared for growth Dec 2007 Dec 2006 Position Movement Actual ($’000) Actual ($’000) Net Debt* 14,284 1,751 Up 716% Equity 55,992 31,944 Up 75% Debt : Equity 25.5% 5.5% Up 364% Net interest
Slide 9: Dividend History
BSA Limited Investor Presentation 04 March 2008 page 9 Dividend History For personal use only Dividend return to shareholders grow Date Paid or Payable Cents Per Share Total Dividend Paid Type 17 March 2006 0.5 753 FY 2006 Interim 15 September 06 0.5 757 FY 2006 Final 16 Mar 2007 1.5 2,316 FY 2007 I
Slide 10: Contract & Earnings Growth – Telecommunications
BSA Limited Investor Presentation 04 March 2008 page 10 Contract & Earnings Growth For personal use only • Telecommunications Signed 2 year contract with SILCAR to provide installation and maintenance services to Telstra, ($70 million) Secured 50% of the OPTUS HFC Services contract, geographic cover
Slide 11: Contract & Earnings Growth – Building Services
BSA Limited Investor Presentation 04 March 2008 page 11 Contract & Earnings Growth For personal use only • Heating, Ventilation and Air Conditioning & Fire Services (Building Services) The objective of providing diversified income to BSA has been realised Integrated Triple M Group of companies into
Slide 12: Operational Activities and Structure
BSA Limited Investor Presentation 04 March 2008 page 12 Operational Activities and Structure For personal use only 70% of Revenue 30% of Revenue For personal use only
Slide 13: Major Accounts/Partners
BSA Limited Investor Presentation 04 March 2008 page 13 Major Accounts/Partners For personal use only For personal use only
Slide 14: The Outlook – Telecommunications
BSA Limited Investor Presentation 04 March 2008 page 14 The Outlook For personal use only • Telecommunications Solidifying revenues from SILCAR (Telstra) and OPTUS, delivering services through an efficient and lean operating model Seeking to grow the suit of services and geographic coverage provided
Slide 15: The Outlook – Building Services
BSA Limited Investor Presentation 04 March 2008 page 15 The Outlook For personal use only • Heating, Ventilation and Air Conditioning & Fire Services (Building Services) Strong order book well into FY 2009 Geographic expansion into Western Australia Seeking sensible acquisitions for geographic expan
Slide 16: Current Board Members
BSA Limited Investor Presentation 04 March 2008 page 16 Current Board Members For personal use only Brian Baldwin Chairman (Non-executive) (i) Mark Foley Managing Director Mark Lowe Executive Director Paul Teisseire Non-executive Director (i) Michael Givoni Non-executive Director (i) Max Cowley Non-
Slide 17: WWW.BSA.COM.AU
BSA Limited Investor Presentation 04 March 2008 page 17 For personal use only WWW.BSA.COM.AU For personal use only