Ryman Healthcare Ltd. · NZX:RYM
Ryman Healthcare — Shareholder Meeting (July 2022)
24 slides from Ryman Healthcare's shareholder meeting presentation, Jul 28, 2022
Slide 1: Annual meeting - Full year result
RYMAN HEALTHCARE Annual meeting RYMAN HEALTHCARE Full year 28 July 2022result 1
Slide 2: Agenda
Agenda 01 Welcome and introductions 02 Chair’s address 03 Group Chief Executive’s address 04 Resolutions 05 General business 2 Ryman Foreman Ian Lee on site at our Miriam Corban Village in Auckland.
Slide 3: Our directors
Our directors Greg Campbell (Chair) Dr David Kerr Claire Higgins George Savvides Geoffrey Cumming MBA (DIST) FNZIM CNZM, MBCHB, FRNZCGP BCOM, FCPA, FAICD AM, BE (HONS), MBA, FAICD BA (HONS), MSC (ECON), LLD Joined 2021 Joined 1994 Joined 2014 Joined 2013 Joined 2018 Paula Jeffs Warren Bell Jo Appley
Slide 4: Virtual meeting instructions
Virtual meeting instructions 4
Slide 5: Clinical Manager with care team at Charles Upham Village
5 Clinical Manager Madelyn Premacio (far right) with her care team at our Charles Upham Village in Canterbury.
Slide 6: Full-year highlights
Full-year $255.0m $255.0m $10.97bn highlights Underlying profit* Underlying profit* 13.6% Total assets 19.6% $692.9m $692.9m $1.40bn Reported (IFRS) profit Reported (IFRS) profit 63.8% Cash receipts 18.7% $3.4bn $3.4bn 13.6c unchanged from the prior year Net assets Net assets 21.4% Final dividend pe
Slide 7: Total assets of $10.97 billion
Total assets of $12bn $11bn $10.97 billion $10bn $9bn $8bn $7bn • Total assets up 19.6.% to $10.97 $6bn billion $5bn • Debt to debt-plus-equity ratio $4bn reduced to 43% at 31 March 2022, down from 44.5% at 30 September $3bn 2021 $2bn $1bn - 2017 2018 2019 2020 2021 2022 Total assets Interest bearin
Slide 8: Embedded value lifted to $2.45 billion
Embedded $2.5bn value lifted to $2.0bn $2.45 billion $1.5bn • Resale bank up 62.7% to $1.87 billion to underpin future earnings $1.0bn • Implied resale margin of 27.8% • Embedded value* now $2.45 billion $0.5bn - 2017 2018 2019 2020 2021 2022 Resale bank Accrued management fees & resident loans * Em
Slide 9: Award-winning COVID response team in Victoria
9 Members of our award-winning COVID response team in Victoria.
Slide 10: Raising the bar on our resident experience
Raising the bar on our resident experience Ryman resident Terry at our Logan Campbell Village in Auckland, who won an Olympics@RYMAN 10 gold medal in swimming.
Slide 11: Construction started at four additional villages during the year
Highett, Melbourne Takapuna, Auckland Construction started at four additional villages during the year Northwood, Christchurch Ringwood East, Melbourne Artist impressions. 11
Slide 12: Four new sites added to the land bank during the year
Coburg North, Melbourne Kealba, Melbourne Four new sites added to the land bank during the year Mulgrave, Melbourne Rolleston, Canterbury Site boundaries are indicative only. 12
Slide 13: Nukuhau, Taupō
Nukuhau, Taupō Site boundaries are indicative only. 13
Slide 14: Our senior executives
Our senior executives Richard Umbers David Bennett Cheyne Chalmers Cameron Holland GROUP CHIEF EXECUTIVE GROUP CHIEF CHIEF EXECUTIVE OFFICER CHIEF EXECUTIVE OFFICER FINANCIAL OFFICER – NEW ZEALAND – AUSTRALIA Marsha Cadman Chris Evans Mary-Anne Stone Rick Davies CHIEF SALES AND CHIEF DEVELOPMENT CHI
Slide 15: Sales Advisor and residents at Charles Upham Village
15 Sales Advisor Tracy Blackadder and residents Anna and Les at our Charles Upham Village in Canterbury.
Slide 16: Senior Quantity Surveyor at Kevin Hickman Village
16 Ryman Senior Quantity Surveyor Liz De Villiers at our Kevin Hickman Village in Christchurch.
Slide 17: Resolutions
Resolutions 2.1 George Savvides Director George Savvides offers himself for re-election. 2.2 Anthony Leighs Director Anthony Leighs offers himself for re-election. 3 Auditors remuneration Authorising the board to fix the auditor’s remuneration. Ryman resident Rosemary and Registered Nurse, Sandra He
Slide 18: Resolution 2.1 George Savvides
Resolution 2.1 George Savvides “ Under NZX Listing Rule 2.7.1 a director must not hold office past the later of three years and the third annual meeting after their appointment without being re-elected by shareholders. Director George Savvides retires in accordance with these requirements and, being
Slide 19: Resolution 2.2 Anthony Leighs
Resolution 2.2 Anthony Leighs “ Under NZX Listing Rule 2.7.1 a director must not hold office past the later of three years and the third annual meeting after their appointment without being re-elected by shareholders. Director Anthony Leighs retires in accordance with these requirements and, being e
Slide 20: Auditors remuneration
Resolution 3 Auditors remuneration Deloitte is automatically reappointed as the auditor of Ryman under section 207T of the Companies Act 1993. Pursuant to section 207S of the Companies Act 1993, this resolution authorises the board to fix the auditor’s remuneration. 20
Slide 21: General business
General business 21 Fit-out Site Manager Jason Q Zhao and Site Administrator Matakeu Timms at our Miriam Corban Village in Auckland.
Slide 22: Thank you
Thank you RYMAN HEALTHCARE Full year result 22 Ryman resident Hazel and Activities Coordinator, Keefe Martinez at our Logan Campbell Village in Auckland.
Slide 23: Appendix 1: Reported (IFRS) profit
Appendix 1: Reported (IFRS) profit 12 months to 31 Mar 22 12 months to 31 Mar 21 $m NZ Aust Group NZ Aust Group Underlying profit (non-GAAP) 203.8 51.2 255.0 192.3 32.2 224.4 Unrealised revaluations of investment properties 436.8 30.3 467.1 192.6 8.6 201.2 Deferred tax credit / expense -50.9 21.7 -2
Slide 24: Disclaimer
Disclaimer Use same This presentation sets out information relating to Ryman Healthcare Limited’s full year result for the period to 31 March 2022. It should be read in conjunction with all other material which we have released, or may release, to NZX from time to time. picture as That material is a