Perpetual Limited · ASX:PPT
Perpetual — Perpetual Trustees Australia — Shareholder Meeting (October 2000)
17 slides from Perpetual's shareholder meeting presentation, Oct 17, 2000
Slide 1: Perpetual Trustees Australia Limited Annual General Meeting
Perpetual Trustees Australia Limited Annual General Meeting 17 October 2000
Slide 2: Slide 2
Slide 3: AGM Address to Shareholders - Chairman
Perpetual Trustees Australia Limited AGM Address to Shareholders R John Lamble AO - Chairman 17 October 2000
Slide 4: Slide 4
Slide 5: AGM Address to Shareholders - Managing Director
Perpetual Trustees Australia Limited AGM Address to Shareholders Graham Bradley - Managing Director 17 October 2000 5
Slide 6: 1999 - 2000 Highlights
1999 - 2000 Highlights ¾ A testing period: MIA, Y2K, GST ¾ Continued shareholder value creation Improving financial performance ASX Perpetual joint venture Strengthened balance sheet ¾ Strong and improved strategic position 6
Slide 7: Revenue Growing
Revenue Growing Profitable revenue growth ($M) @ Revenue HEBITDA Jun 00 Financial year ended
Slide 8: Growing Profit
Growing profit ($M) BEBITDA B Profit before tax and abnormals Jun 00 Financial year ended
Slide 9: Revenue Diversification
Revenue Diversification Revenue Diversification 100% = $245.2m Investment Income 0; Corporate Services 2% 12% Fund Services 13% Perpetual Investments 29% Private Clients 17%
Slide 10: Segment Results
Segment Results ¾ Wealth Management: Investments Private Clients Superannuation Revenues $130 million - up from $98 million EBITDA $54 million up from $29 million ¾ Outsourced Support Services: Corporate Services Fund Services ASX Perpetual Registrars Revenues $110 million - up fro
Slide 11: Perpetual Investments
Perpetual Investments ¾ Revenues up to $70.7 million ¾ FUM up 68% to $11.6 billion at 30 June $12.4 billion at 30 September ¾ Retail and master funds up 54% and institutional doubled ¾ Fidelity Perpetual funds up to $1.6 billion at 30 June $1.8 billion at 30 September ¾ Morningstar’s highest 5 s
Slide 12: Very Strong Inflows
Very Strong Inflows Very strong inflows FUM ($B) Masterfund Retail Institutional
Slide 13: Perpetual Private Clients and Perpetual Superannuation
Perpetual Private Clients ¾ Revenues increased to $41.3 million ¾ Over 600 new portfolio management clients ¾ Further efficiency and service improvements Perpetual Superannuation ¾ Revenues increased to $17.8 million ¾ Select Super funds up to $903 million ¾ Symetry funds up to $426 million 13
Slide 14: Perpetual Fund Services and Corporate Services
Perpetual Fund Services ¾ MIA restructuring completed - many relationships retained ¾ Revenues declined from $44 million to $31 million ¾ Industry restructuring may create opportunities Corporate Services ¾ Revenues up from $22 million to $30 million ¾ Leading position as securitisation trustee main
Slide 15: ASX Perpetual Registrars
ASX Perpetual Registrars ¾ Full year revenues were $48.6 million ¾ Successful completion of the Telstra 2 float ¾ Joint venture with ASX announced in May ¾ Registrar for NRMA Insurance Group float ¾ Developing internet age registry software 15
Slide 16: The Year Ahead
The Year Ahead ¾ Investment style well placed to deliver consistent returns ¾ More integrated wealth management business ¾ Significant systems development expenditures ¾ Stronger platforms for growth ¾ Perpetual brand better placed to support expansion 16
Slide 17: Slide 17
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