Washington H. Soul Pattinson And Company Limited · ASX:SOL

Washington H. Soul Pattinson And — FY2007 Earnings Presentation

14 slides from Washington H. Soul Pattinson And's earnings presentation, Sep 27, 2007

  1. Slide 1: Review of Operations for Year Ended 31st July 2007

    For personal use only REVIEW OF OPERATIONS FOR YEAR ENDED 31ST JULY 2007

  2. Slide 2: 2007 Results

    For personal use only 2007 Results ƒ Group profit after tax and before non regular items increased by 5.6% to $99.2M (2006 restated $93.9M) ƒ Increased profits from the Group’s Australian coal operations and the gain on of NBN by SP Telemedia underpinned the consolidated result. ƒ Results impacted b

  3. Slide 3: Group Performance - Consolidated Profit Results

    Group Performance - Consolidated Profit Results For personal use only Profit After Tax and Outside Equity ($M) AGAAP AIFRS 450 405.7 400 350 300 250 200 155.9 150 130.2 88.3 93.9 86.4 99.2 81.5 96.1 100 78.7 50 0 2003 2004 2005 2006 2007 Restated Before non-regular items After non-regular items

  4. Slide 4: Group Performance - Earnings per Share

    Group Performance - For personal use only Earnings per Share AGAAP AIFRS 180 170 160 140 120 100 80 65.3 60 55 37 40 39 42 33 34.2 36 40 20 0 2003 2004 2005 2006 2007 Restated Before non-regular items After non-regular items

  5. Slide 5: Dividend Performance

    Dividend Performance (excluding Special Dividends) For personal use only Dividends per Share 30 27 28.5 25 25 20 20 17 15 Cents 10 5 0 2003 2004 2005 2006 2007 Final dividend 17 cents per share, up 6.3%. Total dividend 28.5 cents

  6. Slide 6: Share Portfolio

    Investments - Share Portfolio For personal use only ƒ Market value of listed investment portfolio $2.8 Billion at 31/7/07 ƒ Excluding controlled entities and associates the market value of listed investment portfolio increased by $85M to $562M ƒ Dividend and distribution income from investments up 2

  7. Slide 7: Share Portfolio

    Investments - Share Portfolio For personal use only ƒ Investments in equity markets of $20M included; Apex Healthcare Berhad, Fairfax Media Ltd, Huntley Investment Co. Ltd, Macquarie Bank Ltd, Mariner Pipeline Income Fund and Trust Company of Aust. Ltd ƒ Disposal and takeover proceeds of $10M includ

  8. Slide 8: Associated Entities: API

    Investments - Associated Entities API (Australian Pharmaceutical Industries Limited) For personal use only 2007 Results • Net loss of $11.5M (2006 profit $20.4M) • Result seriously impacted by one-off costs of $30.5M • Revenue of $2.65 billion up 2.6%

  9. Slide 9: Associated Entities: Brickworks Limited

    Investments - Associated Entities Brickworks Limited For personal use only 2007 Results ƒ Normalised net profit after tax $102.2M up 0.3% ƒ Final Dividend 26 cents per share up 4.0% ƒ Total Dividend 38 cents per share up 5.6%

  10. Slide 10: Associated Entities: Clover Corporation Limited

    Investments - Associated Entities Clover Corporation Limited For personal use only 2007 Results ƒ Profit of $635,000 was up 40% on last year, despite being impacted by; - the expensing of $831,000 in R&D costs - losses of $534,000 from the soy flour 50% joint venture ƒ Heads of agreement entered int

  11. Slide 11: Controlled Entities: New Hope Corporation Limited Group

    Controlled Entities - New Hope Corporation Limited Group (NHC) For personal use only 2007 Results ƒ Profit After Tax and Outside Equity Interests of $69.3M up 0.6% on 2006 ƒ In August 2007 New Hope acquired the remaining 50% of shares in Queensland Bulk Handling. Now 100% owned. ƒ Exploration activi

  12. Slide 12: Controlled Entities: SP Telemedia Limited

    Controlled Entities - SP Telemedia Limited (SPT) For personal use only 2007 Results ƒ Profit After Tax $44.9M including profit on sale of NBN of $31.9M ƒ Operating profit after tax $13.3M (including 9 months of NBN profit) up 60% on last years $8.2M (including 12 months of NBN profit) ƒ Cash flow fr

  13. Slide 13: Controlled Entities: KH Foods Limited

    Controlled Entities - KH Foods Limited (KHF) For personal use only ƒ Loss for the year of $58.2M ƒ Loss includes; W/off and impairment of assets Provisions for redundancies, lease payouts, bad debts and aged stock. ƒ Measures taken to dramatically cut costs ƒ Sale of cake operations in SA and WA in

  14. Slide 14: Controlled Entities: Pitt Capital Partners Limited

    Controlled Entities - Pitt Capital Partners Limited For personal use only (Merchant Banking) 2007 Results ƒ Net Profit of $5.6M, up 250% on 2006 ƒ WHSP direct shareholding increased to 75%

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