G8 Education Limited · ASX:GEM
G8 Education — Shareholder Meeting (September 2010)
21 slides from G8 Education's shareholder meeting presentation, Sep 30, 2010
Slide 1: EGM Presentation
For personal use only EGM Presentation Extraordinary General Meeting | 30 September 2010 Jenny Hutson, Chairperson
Slide 2: Overview | G8 Education
Overview | G8 Education For personal use only • Early Learning Services Limited (ASX:ELY) listed in 2007 with 38 centres • Payce Child Care – an unlisted subsidiary of Payce Industries Limited – owned and operated 58 centres • ELY and Payce merged in March 2010 to form G8 Education (ASX:GEM): ▫ This
Slide 3: G8's vision
For personal use only G8’s vision
Slide 4: G8's mission
G8’s mission For personal use only Our mission is to be a leading provider of high quality, developmental and educational child care services, and to achieve this through growth and sustainability: Quality Education & Care Employees • To nurture and develop • To commit to employee children’s minds,
Slide 5: The vision of G8 Education
The vision of G8 Education For personal use only • A portfolio of outstanding child care brands: • Early Learning Services • World of Learning • Bourne Learning • Community Kids • Holiday Club • Kindy Patch • Focus on the importance of child care • Make good centres great through focusing on outstan
Slide 6: 2010 Acquisitions Update: Australian Centres
2010 Acquisitions Update: Australian Centres For personal use only 1 April 2010 28 June 2010 acquisitions acquisitions 10 child care 9 child care centres centres 847 licensed places 655 licensed places 27 July 2010 2 August 2010 acquisitions acquisitions 30 child care 2 child care centres centres 2,
Slide 7: Board and Management Team
Board and Management Team For personal use only Jenny Hutson, Chris Scott, Chairperson Managing Director B.Com, LLB, FAIMM, MAICD B.Econ (Hons) Craig Chapman, Brian Bailison, Chief Executive Officer Non-Executive Director B. Com., A.S.C.P.A., C.S.A. B.Com., B.Acc (Cum Laude), ACA Garry Edwards, Chri
Slide 8: Centre Overview
For personal use only Centre Overview
Slide 9: Australian Centres
Australian Centres For personal use only Total Australian centres State (assuming completion of all announced acquisitions as at 30 September 2010) Queensland 70 New South Wales 38 Victoria 9 Australian Capital Territory 5 South Australia 15 Western Australia 2 Tasmania 1 Total centres 140 Total lic
Slide 10: Geographic Diversity
Geographic Diversity For personal use only WA Qld 2 70 SA 15 ACT NSW 5 38 Vic 9 Tas 1
Slide 11: Brands
Community KIDS ee Krhnd Y Patch = e BOURNE LEARNING G8 Education“ =e Ze > Holiday Club World of Laasoing © Early Learning Services Limited Co. mitted to Child ain re
Slide 12: Key Statistics
For personal use only Key Statistics
Slide 13: Key Statistics
Key Statistics For personal use only Current share price $0.71 (at close of trade on 29 September 2010) Shares on issue during 2010 (following announced acquisitions and placement of 18.93 million 159,112,771 shares) Market capitalisation at finalisation of all announced acquisitions, $112.97 millio
Slide 14: Key financial results 1H2010
Key financial results 1H2010 For personal use only Forecast 6 months to Actual 6 months to 30 June 2010* 30 June 2010 Revenue 23,585,383 23,282,014 EBIT increase 42.8% on forecast. Expenses (excluding interest) 22,476,352 21,697,921 NPAT increase 108.7% on forecast EBIT 1,109,031 1,584,094 Interest
Slide 15: 2010 Guidance
For personal use only 2010 Guidance
Slide 16: 2010 Guidance
2010 Guidance For personal use only Calendar Year 2010 Guidance Revenue $64.78m Expenses $57.17m Earnings Before Interest and Tax $7.61m Interest $1.20m Net Profit Before Tax $6.41m Net Profit After Tax $4.49m *Assumes 90 centres owned for the 2010 year with 38 centres owned for 12 months, 31 centre
Slide 17: 2011 Guidance
For personal use only 2011 Guidance
Slide 18: 2011 Guidance
2011 Guidance For personal use only Calendar Year 2011 Guidance Revenue $115.47m Expenses $98.19m Earnings Before Interest and Tax $17.28m Interest $2.11m Net Profit Before Tax $15.17m Net Profit After Tax $10.62m *Assumes 120 centres owned for the 2011 year and 20 centres managed. Source: GEM ASX A
Slide 19: Balance Sheet as at June 2010
Balance Sheet as at 30 June 2010 For personal use only Proforma Consolidated G8 Consolidated Balance Sheet ASSETS 30 June 2010 30 June 2010 Current assets Cash and cash equivalents 323,653 953,036 Trade and other receivables 2,121,220 2,822,735 Other current assets 870,672 1,137,663 3,315,545 4,913,
Slide 20: Profit and Loss for the half year ending June 2010
Profit and Loss for the half year ending 30 June 2010 For personal use only 30 June 2010 30 June 2009 $ $ Revenue from continuing operations 23,282,014 15,783,751 Expenses Expenses from ordinary activities Employee benefit expense (15,325,208) (10,905,694) Occupancy (2,964,614) (2,000,528) Direct co
Slide 21: Revenue Seasonality
Revenue Seasonality For personal use only • G8 Education’s actual EBIT for the 6 months was $1.584 million against a forecast of $1.109 million. It is important to note that this result represents the profit from the Early Learning Services centres within the Group for the full 6 months and the acqu