Slide 1: Investor Presentation – CY 2016 Preliminary Results
For personal use only Investor Presentation 28 February 2017 CY 2016 Preliminary 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). For personal use only It should be read in 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 28 February 2017 $1.27 (issue price $1.00) Market Capitalisation $38,106,350 Official Listing Date 30 / 11 / 2016 Issuer Code MFD Substantial Shareholders – Top 5 as at 27 February 2017 Rank Name Type Shareholding 1 Rive
Slide 4: Board of Directors
Board of Directors The Board of Mayfield consists of 2 executive directors and 1 non-executive director: For personal use only Non-Executive Chairman – Peter Lowe Non-Executive Chair of United Energy Pty Ltd Non-Executive Chair of Multinet Pty Ltd Non-Executive Chair of Lochard Energy Pty Ltd
Slide 5: Experienced Management Team
Experienced Management Team Dean Clarke (CEO) For personal use only Michelle Clarke (Executive Director and Quality Operations) Glenn Raines (Chief Financial Officer) A CPA with over 20 years’ experience in financial management and company secretarial duties Formerly Financial Controller and Com
Slide 6: Business Overview
For personal use only BUSINESS OVERVIEW 6
Slide 7: Mayfield Overview
Mayfield Overview Listing portfolio of 16 Long Day Care centres For personal use only All centres located in Victoria, predominately North Western and South Eastern metropolitan, with the 3 regional sites within 2 hour drive of Melbourne CBD All centres are accredited through ACECQA, with 15 o
Slide 8: Operational & Financial Summary CY 2016
For personal use only OPERATIONAL & FINANCIAL SUMMARY CY 2016 8
Slide 9: Business Integration
Business Integration Integration plans identified at listing have been fully implemented For personal use only All centre settlements were completed on Day 1 of operations, exceeding expectations. Rights of Entry / Mortgages over Leases provided to Westpac for all centres. Regulatory and lic
Slide 10: Centre Improvements
Centre Improvements Extensive centre refurbishment works have been undertaken and completed, including For personal use only Full internal re-painting of 5 centres, including the externals of 1 centre New external play equipment Updated play areas Landscaping New sand pits New shade sa
Slide 11: Occupancy and Quality Improvement Plan
Occupancy and Quality Improvement Plan Occupancy has trended as expected For personal use only Average occupancy for the period of ownership by Mayfield was 76.3%, against a forecast of 76.3%, with a peak occupancy of 79.5%. There were mix variations across the group, with slight gains in the
Slide 12: Mayfield Profit & Loss Statement CY 2016
Mayfield Profit & Loss Statement CY 2016 A$ 000’s Actual Prospectus Var Comments: For personal use only CY 2016 CY 2016 Fav/(Unfav) Revenue 2,288 2,033 + 12.5% Revenue up 12.5% • Additional trading period • Occupancy at forecast levels Centre Employee (1,346) (1,136) (18.5%) Employee expenses up 18.
Slide 13: Mayfield Balance Sheet as at December 2016
Mayfield Balance Sheet as at 31 December 2016 A$ 000’s Actual Prospectus Comments: For personal use only Dec 31, Nov 25, 2016 2016* Current Assets The cash position of $1.4M puts the company in a strong position going forward Cash & Cash Equivalents 1,410 826 Trade & Other Receivables 1,115 Receivab
Slide 14: Mayfield Balance Sheet as at December 2016
Mayfield Balance Sheet as at 31 December 2016 A$ 000’s Actual Prospectus Comments: For personal use only Dec 31, 2016 Nov 25. 2016* Current Liabilities Payables represents trading from Payables & Tax Liabilities 2,074 settlement to period end. Includes Provisions 278 77 accruals for listing costs wh
Slide 15: Business Forecast CY 2017
For personal use only BUSINESS FORECAST CY 2017 15
Slide 16: CY 2017 Outlook
CY 2017 Outlook Based on its first 2 trading months, the Board is confident of meeting the occupancy, For personal use only revenue and profit forecasts for CY17. We have established a sound operating platform from which to drive growth, in keeping with the strategic objectives of the business
Slide 17: Mayfield Prospectus Forecast CY 2017
Mayfield Prospectus Forecast CY 2017 A$ 000’s Prospectus Comments: For personal use only CY 2017 Revenue 28,962 Forecast for CY 2017 remains Centre Employee Expense (15,479) unchanged from original Prospectus forecasts Centre Rent & Operations (6,104) EBITDA from Operations 7,379 Further guidance wi
Slide 18: Growth Strategies
Growth Strategies Organic For personal use only Our primary focus will be to look to extract the occupancy gains and cost efficiencies from the existing portfolio Continue to invest in our physical assets, our educators and the resources needed. Utilise technology to drive a deeper engagemen
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 CEO dclarke@mayfieldchildcare.com.au Glenn Raines CFO graines@mayfieldchildcare.com.au 19