Slide 1: Investor Presentation: CY 2017 Full Year Results
For personal use only Investor Presentation Igniting your child’s love of learning 30 January 2018 CY 2017 Full Year Results 1
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer This Presentation contains summary information about the current activities of Mayfield Childcare Limited (Mayfield). It should be read in For personal use only conjunction with Mayfield’s other periodic and continuous disclosure announcements lodged with the Aus
Slide 3: Market Summary
Market Summary For personal use only Issued Shares 30,005,000 Share Price as at 29 January 2018 $1.05 (issue price $1.00) Market Capitalisation $31,505,250 Official Listing Date 30 November 2016 Issuer Code MFD Substantial Shareholders as at 29 January 2018 Rank Name Shareholding % of Issued Shares
Slide 4: Operational Results
For personal use only Operational Results CY 2017 Full Year Results 4
Slide 5: Centre Based Metrics
Centre Based Metrics Operations CY 2016 CY 2017 For personal use only Centres 16 19 Licensed places 1,360 1,588 Average centre size 85 84 Centres with funded kindergarten program 15 19 Average daily fee per day $100 $106 Average daily fee Increase (1 July 2017) 5.9% Number of educators 370 481 Wages
Slide 6: The Mayfield Journey
The Mayfield Journey The first full year for Mayfield has been a demanding, fast paced, though ultimately rewarding year as the Board For personal use only and Management have worked tirelessly to deliver against expectations The initial integration proceeded without fault, and the messaging of
Slide 7: The Mayfield Journey
The Mayfield Journey As has been widely publicised, the childcare sector has been adversely affected by a number of factors, For personal use only Of most significance has been the delay in increases to the childcare rebate, forcing parents to reduce days, and/or seek short term placement for th
Slide 8: The Mayfield Journey
The Mayfield Journey Successful delivery of our operational plans have ensured we fulfilled our commitments to shareholders For personal use only Extensive marketing and community engagement programs aimed at attracting new families Targeted pricing initiatives to increase participation by exi
Slide 9: New Acquisitions and Managed Services
New Acquisitions and Managed Services Three centres were acquired in 2017, For personal use only Purpose built, 58 place centre located in Glen Waverley Includes owner funded new 120 place centre on adjacent site, offering Mayfield first right of refusal and non-compete protections Purpose b
Slide 10: The 2017 Score Card
The 2017 Score Card Settled all centres on Day 1 of operations Settled and integrated 3 new acquisitions For personal use only Regulatory & Licensing completed in the first 2 weeks Submitted Town Planning application in conjunction with Glen Waverley Landlord for new 120 place centre Centr
Slide 11: Dividend & Dividend Reinvestment Plan
Dividend & Dividend Reinvestment Plan The Mayfield Board is proud to confirm its maiden dividend of 7.65 cents per share. For personal use only While the 2017 NPAT result was slightly below forecast, the Board, not wanting shareholder return to be compromised, took the decision to increase the d
Slide 12: Financial Information
For personal use only Financial Information CY 2017 Full Year Results 12
Slide 13: Key Financial Metrics
Key Financial Metrics Operations CY 2016 Prospectus CY 2017 CY 2017 For personal use only Actual Forecast Actual NPAT ($1.25) mil $3.48 mil $3.42 mil Earnings per Share (4.2c) 11.6c 11.4c Dividend per Share (100% Franked) n/a 7.65c 7.65c EBIT Margin (61.3%) 18.3% 18.7% Net Profit Margin (54.5%) 12.0
Slide 14: Profit & Loss Statement CY 2017
Profit & Loss Statement CY 2017 A$ 000’s Actual Prospectus Variance Variance For personal use only CY 2017 Forecast $ 000’s % Revenue (1) 27,117 28,962 (1,845) (6.4%) (1) Occupancy below forecast, particularly in the small and trade-up centres Centre Employee (15,070) (15,479) 409 2.6% (2) Effective
Slide 15: Balance Sheet as at December 31, 2017
Balance Sheet as at December 31, 2017 A$ 000’s Actual Actual For personal use only CY 2017 CY 2016 Current Assets Cash & Cash Equivalents (1) 1,539 1,410 (1) Solid cash position with all 2017 acquisitions funded from cash reserves Trade & Other Receivables (2) 715 1,115 (2) CY 2017, reflects normal
Slide 16: Balance Sheet as at December 31, 2017
Balance Sheet as at December 31, 2017 A$ 000’s Actual Actual For personal use only CY 2017 CY 2016 Current Liabilities (1) Reflects increased tax obligations and consideration Payables & Tax Liabilities (1) 3,835 2,074 owed to acquisition vendor Provisions (2) 747 278 (2) Full year effect of employe
Slide 17: CY 2018 Outlook
For personal use only CY 2018 Outlook 17
Slide 18: CY 2018 Growth
CY 2018 Growth Mayfield is forecasting 20% growth of NPAT For personal use only Growth will come from Our 2018 forward enrolment strategy has already delivered strong results as evidenced by a 25% growth in funded kindergarten enrolments. An improved operating market with increases in govern
Slide 19: Corporate Details
Corporate Details For personal use only Mayfield Childcare Limited Level 1, Suite 3, 275 Wattletree Rd Malvern VIC 3144 (03) 9576 3156 www.mayfieldchildcare.com.au Dean Clarke Chief Executive Officer dclarke@mayfieldchildcare.com.au Glenn Raines Chief Financial Officer graines@mayfieldchildcare.com.