Asx Limited · ASX:ASX
Asx — Shareholder Meeting (September 2014)
33 slides from Asx's shareholder meeting presentation, Sep 23, 2014
Slide 1: AGM Presentation Slides
23 September 2014 For personal use only Australian Securities and Investments Commission ASX Market Announcements Office Mr Oliver Harvey ASX Limited Senior Executive, Financial Market Infrastructure 20 Bridge Street Level 5, 100 Market Street SYDNEY NSW 2000 SYDNEY NSW 2000 AGM PRESENTATION SLIDES
Slide 2: 2014 Annual General Meeting
2014 Annual General Meeting ASX Limited For personal use only 23 September 2014, Sydney
Slide 3: Opening Address
For personal use only Opening Address Rick Holliday-Smith Chairman 2
Slide 4: Financial Results FY14
Financial Results FY14 For personal use only Up Up Up Up 10% 6.6% 4.6% 5.1% Profit after tax Revenues Total FY14 Expenses $383.2 million $658.3 million dividend $153.6 million 178.1 cents Growth in all major per share Increase in staff revenue categories to support business initiatives Capital expen
Slide 5: ASX's Achievements
ASX’s Achievements For personal use only Code of Practice US & EU regulatory relief Customer command centre Transparency Innovation & savings Collateral management Connectivity to other centres Centre Point T+2 Meeting highest standards client choice & control OTC & client clearing Renminbi settleme
Slide 6: AGM Address
For personal use only AGM Address Elmer Funke Kupper Managing Director and CEO 5
Slide 7: Priorities as a Leading Multi-Asset Class Exchange
Priorities as a Leading Multi-Asset Class Exchange For personal use only Global leader World-class, Outstanding Regulations Employer in A$ and NZ$ globally customer that support of choice in markets connected experience investors financial infrastructure and growth markets 6
Slide 8: Business Performance FY14
Business Performance FY14 For personal use only Listings and Issuer Services $154.9m 10.9% Cash Market $117.3m 2.3% Derivatives and OTC Markets $207.7m 5.2% Information Services $68.8m 11.4% Technical Services $52.9m 6.2% Austraclear $41.1m 6.4% 7
Slide 9: Top IPOs in FY14
For personal use only Top 10 IPOs in FY14 8
Slide 10: Cash Market Highlights
Cash Market Highlights For personal use only Activity Revenue $117.3 million, up 2.3% Equities trading, clearing and settlement revenues all grew Total on-market value traded per day rose 4.3% On-market trading market share 91% Focus areas Continued Code of Practice innovation delivering benefits to
Slide 11: Business Performance FY14
Business Performance FY14 For personal use only Listings and Issuer Services $154.9m 10.9% Cash Market $117.3m 2.3% Derivatives and OTC Markets $207.7m 5.2% Information Services $68.8m 11.4% Technical Services $52.9m 6.2% Austraclear $41.1m 6.4% 10
Slide 12: Building a Globally Competitive Derivatives Market
Building a Globally Competitive Derivatives Market For personal use only Regulation Balance sheet US and EU recognition Highest global capital standards Location requirement certainty AA- long-term credit rating Competitiveness of Australia Business model to invest Leader in Market infrastructure A$
Slide 13: ASX Offer to Invest in Yieldbroker
ASX Offer to Invest in Yieldbroker For personal use only 49% $65 million ASX proposal to acquire 49% shareholding in Yieldbroker for $65 million Non-controlling stake, Yieldbroker to remain independently managed, ASX to have two board seats Partnership brings together exchange-traded and OTC debt an
Slide 14: Business Performance FY14
Business Performance FY14 For personal use only Listings and Issuer Services $154.9m 10.9% Cash Market $117.3m 2.3% Derivatives and OTC Markets $207.7m 5.2% Information Services $68.8m 11.4% Technical Services $52.9m 6.2% Austraclear $41.1m 6.4% 13
Slide 15: Capital Expenditure ($M)
Capital Expenditure ($M) For personal use only 50.2 43.2 39.1 38.9 27.6 FY10 FY11 FY12 FY13 FY14 Normal Data Centre Post-Trade 14
Slide 16: Trading Update – FY15 to September 2014
Trading Update – FY15 to 17 September 2014 For personal use only Total Capital Raised ($bn) Cash Market Average ASX 24 Average Daily Daily Value ($bn) Contracts (‘000) 10.1 4.0 475 471 3.9 9.1 YTD 2014* YTD 2015* YTD 2014 YTD 2015 YTD 2014 YTD 2015 * from 1 July to 31 August 15
Slide 17: ASX's Achievements
ASX’s Achievements For personal use only Code of Practice US & EU regulatory relief Customer command centre Transparency Innovation & savings Collateral management Connectivity to other centres Centre Point T+2 Meeting highest standards client choice & control OTC & client clearing Renminbi settleme
Slide 18: Formal Business
For personal use only Formal Business Rick Holliday-Smith Chairman 17
Slide 19: Agenda Item: ASX Financial Report
Agenda Item 1 For personal use only ASX Financial Report 18
Slide 20: Agenda Item: SEGC Financial Report
Agenda Item 2 For personal use only Securities Exchanges Guarantee Corporation (SEGC) Financial Report 19
Slide 21: Agenda Item: Election of Directors
Agenda Item 3 For personal use only Election of Directors 20
Slide 22: Re-election of Director: Mr Peter Warne
Agenda Item 3(a) For personal use only Re-election of Director Mr Peter Warne Independent Non-executive Director 21
Slide 23: Item 3(a) - Re-election of Mr Peter Warne
Item 3(a) - Re-election of Mr Peter Warne For personal use only Proxy and Direct Votes (Combined) For Against Open 78,769,271 20,661,788 2,248,065 77.47% 20.32% 2.21% Percentage voting numbers rounded to two decimal places 22
Slide 24: Election of Director: Mr Dominic Stevens
Agenda Item 3(b) For personal use only Election of Director Mr Dominic Stevens Independent Non-executive Director 23
Slide 25: Item 3(b) - Election of Mr Dominic Stevens
Item 3(b) - Election of Mr Dominic Stevens For personal use only Proxy and Direct Votes (Combined) For Against Open 98,655,550 2,390,599 2,244,462 95.51% 2.32% 2.17% Percentage voting numbers rounded to two decimal places 24
Slide 26: Election of Director: Mr Damian Roche
Agenda Item 3(c) For personal use only Election of Director Mr Damian Roche Independent Non-executive Director 25
Slide 27: Item 3(c) - Election of Mr Damian Roche
Item 3(c) - Election of Mr Damian Roche For personal use only Proxy and Direct Votes (Combined) For Against Open 100,808,124 142,115 2,245,512 97.69% 0.14% 2.17% Percentage voting numbers rounded to two decimal places 26
Slide 28: Agenda Item: Remuneration Report
Agenda Item 4 For personal use only Remuneration Report 27
Slide 29: Item – Remuneration Report
Item 4 – Remuneration Report For personal use only Proxy and Direct Votes (Combined) For Against Open 99,337,705 1,276,038 2,211,867 96.61% 1.24% 2.15% Percentage voting numbers rounded to two decimal places 28
Slide 30: Grant of Performance Rights to Managing Director and CEO
Agenda Item 5 For personal use only Grant of Performance Rights to Managing Director and CEO 29
Slide 31: Item - Grant of Performance Rights
Item 5 - Grant of Performance Rights For personal use only Proxy and Direct Votes (Combined) For Against Open 97,719,363 1,833,327 2,183,709 96.05% 1.80% 2.15% Percentage voting numbers rounded to two decimal places 30
Slide 32: Questions
For personal use only Questions 31
Slide 33: Please complete and submit your voting card
For personal use only Please complete and submit your voting card 32