Asx Limited · ASX:ASX
Asx — H1 FY2007 Earnings Presentation
12 slides from Asx's earnings presentation, Feb 15, 2007
Slide 1: ASX Limited 2006/2007 Half-Year Results
ASX Limited 2006/2007 Half-Year Results Robert Elstone, MD and CEO Alan Bardwell, CFO Eric Mayne, CSO 15 February 2007 Sydney, Australia ASTRAL SCCURIEHS EXCH AKERE The material contained in this document is a presentation of general information about ASX’s activities current as at the date of this
Slide 2: Important Notes
Important Notes The financial statistics, including comparables, in this report are based on ASX’s pro-forma income statement which itself is not audited, but is based upon external auditor reviewed accounts. The pro-forma income statement is presented as if ASX and SFE were one during the relevant
Slide 3: Introduction
e Introduction e Financial and Operational Highlights e ASX Markets Supervision Outlook and Post Balance Date Activity Robert Elstone Alan Bardwell Eric Mayne Robert Elstone Questions Close Normal profit after tax up 39.6% to $139.3 million EPS up 30.8% to 81.6 cents per share Dividend up 28.6% to 7
Slide 4: Normal profit after tax
Gad A Sx Messy ~ td re tag eh % ‘Chang! From 1H06 (pep) $3.9 9.6 0.0 42.5 _ ° $42. $139.3 rod 2 £ an $99.8 r 4 T T T 1 z g 4 g Beg a t St: S Bg es Se r St 2c > o a 5% a © S« oa ® ac s S oe oa eZ ina og a2 52 52 = <x 86 2a = = ® Wi 2 Ee = = 8 ge oO Based on ASX’s Normal Pro-Fortna accounts. Compariso
Slide 5: Revenue
6 mths to Revenue Dec 2005 vs. $ million pep ASX listings 41.8 34.7% ASX cash market 59.3 29.1% SFE derivatives 48.9 17.8% ASX derivatives 16.4 -2.3% Information services 21.6 21.2% Technology infrastructure 10.6 9.6% Austraclear depository and 67 3.6% Austraclear registry fees 2.2 37.9% Other reven
Slide 6: Trade Count Growth and Trade Value Growth
Trade Count Growth «« Trade Value Growth 180% $1,200 100% 5 50% 4 voUas - enjeA spel) 0% -60% $0 LHS Trade Count{m) RHS Trade Value ($b) 40 uoyu - juno apelL S002 0002 $661 0661 S861 S002 0002 S66L 0661 @ ASX $1.80 $1.70 $1.60 $1.50 $1.40 Total contracts traded (LHS) vm A yerage fee par contract (RH
Slide 7: Financial Performance — Expenses
6 mths to vs Expenses Dec 2005 cr $ million pep Staff expenses 46.2 -11.2% Occupancy expenses 10.2 -11.6% Equipment expenses 14.0 2.6% Administration expenses 14.4 -24.8% Total Cash Operating 848 11.3% Expenses Based on ASX’s Normal Pro-Forma accounts. @ ASX Comparisons relative {o previous correspo
Slide 8: Merger restructure expenses and dividends
Greater than previously estimated merger restructure expenses due to deeper and faster than expected synergy opportunities and conservative lease space provisioning. Merger Restructure Expenses Redundancy and Outplacement - $7.7 Premises Restructure - $19.4 Other -$11 Total Merger Restructure Expens
Slide 9: ASX Markets Supervision established July 2006
e ASX Markets Supervision established 1 July 2006 * Manages all core day-to-day ASX supervisory activities Chief Supervision Officer reporting to subsidiary Board CSO chairs ASX Corporate Governance Council Integration of futures compliance and surveillance within ASXMS Synergies with disciplinary p
Slide 10: Supervision Activity
agieeieyey Leet rey VISION ACiIVNY * Monitoring and enforcement activity for 1H07: * 147 new listings for the 6 months (129 pcp — 13% increase) * 60,919 company announcements processed (14% increase on pcp) + 284 price queries made with 203 subsequent announcements generated (37% and 14% increase re
Slide 11: ASX Evolution and Outlook
ASX Evolution and Outlook * Phase 2 merger integration — January to June 2007 * Integration of Finance and Administration functions ¢ Additional occupancy savings at Exchange Centre * Data centre rationalisation and planning for trading and clearing platform convergence * Clarifying clearing risk po
Slide 12: January 2007 vs. January 2006
. January 2007 vs. January 2006 * New listings — up 300% (16 vs. 4) ASX cash market volume — up 56% ASX cash market value — up 47% ASX options contracts — down 1% SFE derivatives contracts — up 27% e @ ASX