Slide 1: Ainsworth Game Technology
Ainsworth Game Technology
Slide 2: Agenda
Agenda ° Results Snap Shot ° Financial Summary « Company Overview ¢ Global Opportunities * Company Strategy
Slide 3: Results Snap Shot
Results Snap Shot Units Sold Sales revenue Cost of goods sold Gross profit Overheads Result FY04 FY03 5,550 1,875 $’m $m 64 32 (36) (22) 28 (43%) 10 (32%) (26) (41%) = (25) (78%) —_2 (15)
Slide 4: Financial Summary: Sales Revenue by Geographical Region
Financial Summary Sales Revenue (by geographical region) Domestic International ~ Europe ~ Americas ~ Asia, South Africa, New Zealand FY04 % FY03 % 22,762 36 25.643 80 22,622 35 1,305 4 8,346 13 1,759 6 9.997 _16 _3198 _10 40,965 _64 _6,262 _20 63,727 100 31,905 100
Slide 5: Financial Summary: Results Summary
Financial Summary Results Summary ® Units sold - Domestic - International Total revenue ($000) Gross margin EBITDA ($7000) EBIT ($000) Net profit / (loss) after tax (#039;000) EPS — undiluted (cents) Debt / equity FY04 FY03 1,418 457 1.875 32,104 32% (13,379) (14,705) (14,820 (12.9 39% ) )
Slide 6: Financial Summary: Balance Sheet
Financial Summary Balance Sheet (30 June 2004, A$’000) ASSETS Current Cash Receivables Inventories Other Non-Current Receivables Property, plant & equipment Intangibles Other Total Assets 2,443 30,496 17,612 688 51,239 2,436 18,217 2,000 90 22,143 73,982 LIABILITIES Current Payables Borrowings Provi
Slide 7: Financial Summary: Statement of Cash Flows
Financial Summary Statement of Cash Flows Operating activities Investing activities Financing activities Net increase in cash held Cash at the beginning of the financial year Effect of exchange rate fluctuations Cash at the end of the financial year FY04 $°000 (17,442) (2,067) 20,857 1,348 1,093 2 2
Slide 8: Company Overview: Current Capital Base
Gompany Overview Current Capital Base ¢« Issued Shares 147 million ¢ Market Capitalisation $74 Million (approx) * Renounceable rights issue of 32 million shares at an issue price of $0.41 in December 2003 (2 for 7)
Slide 9: Company Overview: Product
Company Overview Product * Competitively priced * Games available in a range of languages * Recommended retail price A$12,500
Slide 10: Company Overview: Product
Company Overview Product Available in Console and compact bench top model ¢ Proven performance in domestic market * Games available in a range of languages ° Linked progressive system performing well across a range of markets e Low conversion cost due to intelligent design * Recommended retail price
Slide 11: Company Overview: License Status
Company Overview License Status ¢ Licences obtained in Australia, New Zealand, France, Germany, Puerto Rico and South Africa. * 6 National Indian Gaming licences approved in California, 8 pending ° Applications in process for Wisconsin and Oregon. ¢ Applications submitted for UK, New Jersey, Minneso
Slide 12: Company Overview: Sales and Distribution Network
Gompany Overview Sales and Distribution Network * Domestic sales 5 Newington, Sydney 5 Labrador, Queensland 5 Huntingdale, Victoria 5 Adelaide, South Australia* * International sales 5 New Zealand 5 Asia* 5 The Americas « Vietnam * North America > Malaysia * South America* * Cambodia * Mexico * Phil
Slide 13: Global Opportunities
Global Opportunities Our objective is to increase our share of the global electronic gaming machine market. 13
Slide 14: Global Opportunities
Global Opportunities *Current “Population Machines Ma rket EGMs millions Per million Region Australasia 225,611 24 9,400 Asia *29,078 3,766 8 Europe 1,019,999 728 1,401 Africa 22,637 840 27 North America 602,893 310 1,945 South & Central America 61,994 560 111 1,962,262 6,228 315 *Source: ABN-AMRO G
Slide 15: Company Strategy
Company Strategy Increased volume and market share Hold prices Reduce costs of production Reduce overheads RON 15
Slide 16: Q&A