Slide 1: Results for Full Year Ended 30 June 2004
) Coventry Group Ltd Results for Full Year Ended 30 June 2004 Stephen Cooper Chief Financial Officer sates QC) Coventty Group
Slide 2: Result Highlights
Result Highlights - - — —
Slide 3: Financial Overview
Financial Overview FY03 FY04 $M Hi H2 | TOTAL | H1 H2 | TOTAL Sales 211.3 | 204.2 415.5 | 217.0) 216.9 | 433.9 EBITA (before significant 10.3 10.3 20.6 12.2 12.5 247 items — nil in 2004) Tax 3.3 2.7 6.0 3.2 3.6 6.8" Net Profit After Tax (before 5.0 5.9 10.9 75 77 15.2 outside equity interest) EPS—ce
Slide 4: Financial Overview (continued)
Financial Overview (continued) FY03 FY04 H1i* | H2* | TOTAL] H1* | H2* | TOTAL Yo % % % % % EBITA/sales 4.9 5.0 4.9 5.6 5.8 5.7 Return on Capital Employed | 10.6 1414 11.0 13.0 | 13.7 13.6 (EBITA/equity + net debt) Return on Equity 6.2 7.2 6.7 9.0 9.0 9.0 (NPAT/equity) * Ratios are annualised where
Slide 5: Cash Flow and Gearing
Cash Flow and Gearing (EBITAMet interest) FY03 FY04 $M $M Operating Cash Flow 22.4 20.2 Closing Net Interest Bearing Debt 23,3 12.6 Closing Equity 162.8 169.9 Net Debt/Equity 14.3% 1.3% Interest Cover 11.4 21.0
Slide 6: Dividends
dends ivi D ERIN ANS TRANER MAN Ss |x oe # >= a — Ss 8 in eo # = 5 8g 8 it td oO sed S ix e # > oO o 3 ibe ~ NS Dividend per share - cents EPS — cents Franking
Slide 7: Capital Employed
Capital Employed CAPITAL EMPLOYED - 30 JUNE 2004 Corporate* $23.7M Automotive ro (2003: $63.5M 303: $18.5) (2003: (2003: $60.2 $8.6M) 2M) Bitumen $5.1M (2003: $5.0M) Industrial” $69.6M (2003: $70.5M) Capital Employed = Assets ~ Creditors.and Provisions * Includes land and buildings and net debt RETU
Slide 8: Capital Employed (continued)
Capital Employed (continued) FY03 FY04 Capital expenditure $8.6M $7.2M Annual stock turns 3.1 turns | 3.2 turns Days sales in trade debtors 54 days 56 days
Slide 9: Automotive
Automotive FY03 FY04 SM Hi H2 | TOTAL! H1 H2 | TOTAL Saies 113.9 1 113.7 227.6 418.2 | 122.2 240.4 EBIT * - Parent (WA/SA) 4.2 5.2 9.4 5.8 5.4 11.2 - CAP (NSW/QLD) (3.2) | (2.6) (5.8) | (24) | (1.7) | (41) 1.0 2.6 3.6 3.4 3.7 7.1 EBIT/Sales Margin 0.9% | 2:3% 1.6% 2.9% | 3.0% 2.9% * Before significa
Slide 10: Automotive
ive Automot = a - oS
Slide 11: Industrial
industrial FY03 FY04 $M Hi H2 | TOTAL | H1 H2 | TOTAL Sales 85 | 798 | 1653 | 684 ) 833 | 171.7 EBIT 75 6.2 13.7 8.1 78 15.9 EBIT/Sales Margin 87% | 7.7% | 8.3% | 9.1% | 9.3% | 9.2%
Slide 12: Industrial
industrial | a _ - y — Soe Le wee ae a Q Oe oe s Lo ee Ca Ly a | BoC Lo ye ey ED - - Be ee - —
Slide 13: Bitumen
Bitumen FY04 TOTAL 0 3 { 13 10.1% 2 { Hi 7 09 13.3% 9 5 0.4 6.2% FY03 TOTAL | H1 6 3 1 1.4 10.7% 2 H 6 7 0.7 10.7% 4 9 H 6 0.7 10.7% $M Sales EBIT EBIT/Sales Margin —
Slide 14: Gaskets
Gaskets FY03 FY04 $M Hi H2 TOTAL) H1 H2 | TOTAL Sales 6.7 5.8 12.5 6.4 6.0 12.4 EBIT 0.6 0.6 1.2 0.9 0.9 1.8 EBIT/Sales Margin 9.6% | 10.1% 9.9% 13.3% | 16.1% | 14.6% oe oe a To 7 : a ] Le SL ee L Ly Q — / i | > coventry Group tia 14
Slide 15: Strategy
Strategy Operations iS Cy LOI, oo GEES — Ss SSS ao pp oe en Z e ae ie . : oe LA Gee LP : ae Cee Uo io ee oe & Coventry Group ita : 16
Slide 16: Strategy
Strategy d t’ ions con Operat oS — oe — 16 Ltd srouip ventry G Boo
Slide 17: Strategy
Ue Le 7 2 y d a ions con - EN Strategy Operat
Slide 18: Strategy: Growth
Strategy Growth _ — Lo a ae ue oy
Slide 19: Strategy: Outlook
Strategy Outlook oO