General Capital Ltd. · NZX:GEN
General Capital — Investor Presentation (February 2024)
16 slides from General Capital's investor presentation, Feb 14, 2024
Slide 1: General Capital Limited (NZX:GEN) NZSA Investor Presentation
General Capital Limited (NZX:GEN) NZSA Investor Presentation 1
Slide 2: Managing Director Brent King
Managing Director Brent King 2
Slide 3: Non-executive Independent Director Greg James
Non-executive Independent Director Greg James 3
Slide 4: Happy Valentines Day from the team at General Capital
Happy Valentines Day from the team at General Capital
Slide 5: General Capital Subsidiaries
General Capital Subsidiaries General Capital Limited is the NZX listed parent of a financial services group comprising of 2 wholly owned subsidiaries: General Finance Limited is a Non-bank Deposit Taker licensed by Reserve Bank of New Zealand. It accepts deposits from the public and it lends funds t
Slide 6: Credit Rating
Credit Rating On 6 December 2023, Equifax reaffirmed the credit rating of General Finance Limited as BB with a Stable Outlook. According to Equifax’s criteria, this rating is classified as “Near Prime” and has “Low to Moderate” risk level
Slide 7: General Finance Credit Rating Trend
General Finance Credit Rating Trend Rating Date highlighted in "Green" based on Accounts To: Accounts To: Mar-19 Sep-19 Mar-20 Sep-20 Mar-21 Sep-21 Mar-22 Sep-22 Mar-23 Sep-23 BB Positive BB Stable 20/12/2022 24/07/2023 6/12/2023 BB Negative Rating Date highlighted in "Green" based on Accounts To: B
Slide 8: General Capital Consolidated Balance Sheet
General Capital Consolidated Balance Sheet 141.5 140.0 136.1 120.0 116.1 111.8 102.9 100.0 89.4 80.0 68.2 58.6 60.0 51.2 41.8 40.0 25.4 23.9 24.3 13.5 9.5 15.2 20.0 9.4 8.8 1.0 0.1 1.1 - Equity ($mil) Total Liabilities ($mil) Total Assets ($mil) Mykco - 31 March 2018 GCL - 31 March 2019 GCL - 31 Mar
Slide 9: General Finance Balance Sheet
General Finance Balance Sheet 145.7 140.0 127.8 127.7 120.0 111.7 99.2 100.0 89.4 80.0 64.5 58.5 60.0 47.7 41.8 40.0 17.9 20.2 20.0 16.0 15.1 13.5 9.7 10.1 6.1 3.4 5.1 5.8 - Equity ($mil) Total Liabilities ($mil) Total Assets ($mil) 31-Mar-18 31-Mar-19 31-Mar-20 31-Mar-21 31-Mar-22 31-Mar-23 31-Dec-
Slide 10: General Finance Capital Ratio
General Finance Capital Ratio 50.0% 48.0% Capital Ratio Minimum On Notice 45.0% 40.0% 35.0% 33.7% 30.0% 25.0% 23.0% 21.8% 19.6% 20.0% 17.9% 16.3% 15.0% 10.0% 5.0% 8% 0.0% 31-Mar-18 31-Mar-19 31-Mar-20 31-Mar-21 31-Mar-22 31-Mar-23 31-Dec-23
Slide 11: Deposit Compensation Scheme
Deposit Compensation Scheme • The NBDT sector is to be included in the scheme • The final levies are not yet known. • The scheme should make Investors more confident when making investment allocations. • There will be a ripple effect, investors will move funds out of Banks to other Banks and also to
Slide 12: Market Regulation
Market Regulation • Costs of regulation increasing e.g. DTA, DCS, CoFI for fully regulated financial institutions • Significant differences in level of regulation between entities offering similar looking products to that of NBDT’s which offer attractive yields and are aggressively sold e.g. wholesa
Slide 13: Financial Institution Performance Survey for 2023
Proud to be participant in the Financial Institution Performance Survey for 2023. As per the KPMG FIPS December 2023: “Of the nine survey participants who achieved an increase in NPAT, the largest percentage growth was seen by General Finance Limited (General Finance), with a positive movement of 11
Slide 14: Synthony Sponsorship
Synthony Sponsorship CAPITAL
Slide 15: Our Partners
Our Partners FS INZX 7 re) GrantThornton FINANCIAL SERVICES FEDERATION embark anton tor €omputershare = GENERAL S Capita
Slide 16: Questions
Questions = GENERAL S Capita
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