Slide 1: Analyst Briefing
Analyst Briefing February 2005 Presented By Keith Andrews & David Leighton integrated research
Slide 2: Summary of Results
Summary of Results July-December 2004 - A$000 Six Months to 31 December 2004 2003 Incr % Licence Fees 7,261 6,821 6% Maintenance 7,491 7,123 5% Other Revenue 354 320 11% 15.106 14.264 6% R&D Expenses 2,827 2,943 -4% |SG&A Expenses 8,842 8,388 5% 11,669 11,331 3% PBT 3,437 2,933 17% Tax 1,064 858 24%
Slide 3: Summary of Changes
Summary of Changes from Prior Year - ASOOO Revenue| Expenses Changes in Exchange Rates -~642 48 [Higher Sales 1,008 - Higher Recurring Revenue 414 Higher Other Income 62 - |Higher Spending and Taxes - 386 Total Changes 842 338 my. integrated ‘a research
Slide 4: Key Balance Sheet Items
Key Balance Sheet Items AS000 Dec 2004) Jun 2004| Dec 2003 Cash 9,065 8,510 6,065 Receivables 8,594 10,629 7,428 Net R&D 9,635 8,290 7,953 Net Equity 19,389 18,644 17,499