Slide 1: Market Announcement
Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile 61 3 9473 2500 For personal use only MARKET ANNOUNCEMENT www.computershare.com Date: Tuesday, 11th November 20
Slide 2: Annual General Meeting of Computershare Limited
For personal use only Annual General Meeting of Computershare Limited 11 November 2008
Slide 3: Chairman's Introduction
Annual General Meeting For personal use only Mr Chris Morris Executive Chairman Introduction 11 November 2008
Slide 4: Financial Highlights
FINANCIAL HIGHLIGHTS For personal use only * Management adjusted basis
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS For personal use only * Management adjusted basis
Slide 6: Changes to Board Composition
CHANGES TO BOARD COMPOSITION For personal use only Sad passing of Mr Phil DeFeo Appointment of Mrs Nerolie Withnall › Former corporate partner Minter Ellison › Chairman of the Brisbane Institute › Deputy president of the Takeovers Panel › Member of the Corporations and Markets Advisory Committee
Slide 7: Appointment of New CFO
APPOINTMENT OF NEW CFO For personal use only Appointed Peter Barker as CFO › Bachelor of Commerce, FCPA, MBA, MAICD › 1989 – 1990 Ernst & Young › 1991 – 1999 Amdahl Corporation › 2000 – 2006 Cisco Systems › 2006 – Present BHP Billiton › Has held regional and global roles based in Australia, UK, Irel
Slide 8: Corporate Social Responsibility: Change a Life
CORPORATE SOCIAL RESPONSIBILITY Change a Life For personal use only › Change a Life funds projects in third world countries › Raised over $2.7m › Major projects include: › Regeneration project in Chad › Community development project in Laos › Educational program in Sri Lanka › Mobile eye-care clinic
Slide 9: Change a Life – Sunrise Children's Village update
CORPORATE SOCIAL RESPONSIBILITY Change a Life – Sunrise Children’s Village update For personal use only › Orphanage in Cambodia set up by Geraldine Cox › At this stage donated over $500,000 and will increase › Main project at present is supporting the building of third orphanage 8
Slide 10: Change a Life – African Cycle Event September 2008
CORPORATE SOCIAL RESPONSIBILITY Change a Life – African Cycle Event September 2008 For personal use only › Three day, 450km cycle through Zimbabwe, Botswana, Namibia and Zambia › CEOs and CFOs of major South African companies participated › Huge media coverage › $450,000 raised for Mike Thomson Chan
Slide 11: Internal Environmental Initiatives
CORPORATE SOCIAL RESPONSIBILITY Internal Environmental Initiatives For personal use only › Strengthened the measurement of our environmental footprint › Currently implementing strategies for reducing or offsetting our energy consumption, water and paper use, waste disposal and air travel › Staff-run
Slide 12: Sustainable communications initiatives
CORPORATE SOCIAL RESPONSIBILITY Sustainable communications initiatives For personal use only › eTree › now in its fifth year › 200 companies participating › over 300 million trees planted › 1 million shareholders converted to ecommerce › Over 90% of Computershare shareholders will receive our annual
Slide 13: Chief Executive Officer's Address
Annual General Meeting For personal use only Mr Stuart Crosby Chief Executive Officer Chief Executive Officer’s Address 11 November 2008
Slide 14: Computershare 2008 in Review
COMPUTERSHARE 2008 IN REVIEW (USD unless otherwise noted) For personal use only › Management EPS – up 41% to 51.61 cents › Management net profit after OEI – up 32% to $290.4 million › Operating cash flows – up 8% to $347.3 million › Register maintenance revenues – up 13% to $817.6 million › Total op
Slide 15: Computershare 2009: At an individual business level
COMPUTERSHARE 2009 At an individual business level For personal use only › The durability of our businesses and the quality of our franchises show through in these volatile times. › Our independent service survey results are the best ever – number 1 in all markets with recognised independent service
Slide 16: Computershare 2009: At the corporate level
COMPUTERSHARE 2009 At the corporate level For personal use only › Our strong balance sheet and robust cashflows position us well. › The strong USD helps AUD earnings, but hurts headline USD earnings. › Credit spreads blowing out has hurt the performance of our interest rate hedges (including the cos
Slide 17: Computershare 2009 areas that have been hit hard
COMPUTERSHARE 2009 3 areas that have been hit hard For personal use only VEM › Market conditions have deteriorated dramatically. › Balance sheet and cost base restructured (1/3 labour force reduction). › Expect ~ euros 10M in write-offs. Also first half operating losses, but improving second half pe
Slide 18: Robust underlying performance, but hedge slippage and foreign exchange hurt
COMPUTERSHARE 2009 Robust underlying performance, but hedge slippage and foreign exchange hurt USD profits For personal use only › July to September EBITDA slightly ahead of budget – but that predates most of the forex volatility. › We are still expecting about 10% underlying business growth (consta
Slide 19: Revised FY09 Guidance
REVISED FY09 GUIDANCE For personal use only › We expect USD management earnings per share for financial year 2009 to be about the same as last year, perhaps marginally behind. › While this is lower than our prior guidance, the difference does not arise from business performance. The change is fully
Slide 20: Computershare Strategy Unchanged
COMPUTERSHARE STRATEGY UNCHANGED For personal use only › Continue to drive operations quality and efficiency through measurement, benchmarking and technology. › Improve our front office skills to protect and drive revenue. › Continue to seek acquisition and other growth opportunities where we can ad
Slide 21: Delivery Against Strategy
DELIVERY AGAINST STRATEGY For personal use only Delivering on the first 2 limbs (cost and revenue) has been a key factor in protecting our profits in these challenging times: › operational productivity continues to improve across the globe (e.g. increasing self service, some specialised off-shoring)
Slide 22: Questions
Annual General Meeting For personal use only Mr Chris Morris Executive Chairman Questions