Slide 1: Investor Presentation - Full Year Results to June 2004
CodanLimited _—s|j _ investor Presentation - Full Year Results to. wear August s004 i A L o. » ges 7 ie ae ; Z L UI ei Mike Heard Managing Director
Slide 2: Company Overview
Company | Overview Profitable growin 00O0OXO Produc - ne types Full Resuls | BG i date cain = Questions ln
Slide 3: Codan - The Company & Business
Codan—The Company & Business Australian company founded in 195 Serving globel ankeie for cominy Listed n November 26 Actual FY 04 Revenue $1 Exports 02% of jevenue, to over 150 Over 400 Sigil and 600 customers Experienced atid professional Vand Long establsn Track record 9
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Slide 5: Codan Revenue Growth
Codan Revenue Growth 9 0001 Year ended 30 June Actual 159; Annual growth
Slide 6: Codan's growth - Revenue
Codan’s growth Revenue Growth ($m) ‘00 1 ‘Od ‘D4 Actual Forecast ‘Year end 30 June
Slide 7: Codan's growth - EBITDA
Codan’s growth ~ EBITDA Growth ($m) $ millions, 40M Actual Forecast Yoar ond 30 June
Slide 8: Products
Procucs Codan provides Value added product Commupications Niche products ie ‘emation Producis jor Oove et bu LAN onan
Slide 9: Products
Products io Garth ‘Long rarige cotrenunications 0. S000 kms iu ‘ i lonasohere ibs, ss abovd-earth
Slide 10: Products - HF radio
Procuc’s «w« Radio transceivers, modems and accessories for iand mobile and fixed station applications TT ne
Slide 11: Products - Satellite
Procuc’s Satellite 37,000 m
Slide 12: Products - Satellite transceivers
Procucis aw C-Band and Ku-Band transceivers for satellite communications earth stations Solid state high power amplifiers for large satellite communications earth stations and TV broadcast uplinks
Slide 13: Products
Procuc is
Slide 14: Products - Digital Microwave Radio
Product(s Digital Microwave Radio we Digital Microwave Radio (DMR) links for terrestrial communications.
Slide 15: Products - Broadcast
Produc s Coat ‘ae Modules to interconnect the ee major items of equipment in TV broadcasting studios in
Slide 16: Products
Products Codan is 4 ‘standa @ products’ b projects busiiess = Traneceivers per day Different models id vanai Production line manuiacts
Slide 17: Customers
Customer Bs es Aid and huma itr a ee Zealand (MPR
Slide 18: Significant customers
Significant customers onan
Slide 19: Key Financial Information
Key Financial nformation: Revenue : | L ; HE Radio Communications Sateliiie Communications, y : Terrestrial Microwave Comm Victor |) Broadeast Products. Printed Crcult Boards
Slide 20: Key Financial Information
Key Financial Information _ Total Revenue EBITDA Depreciation , ; Amortisation of deferred R&D EBITA 7 Amortisation of g
Slide 21: Dividend
Divieernc Earnings per ofdinary share (cents) (on issued capital 30 June 2004 fully dicted), ; Lo NNN Interim dividend (cents) per Mrinal) share (paid Apnil, fully franked) Final dividend leonle) per ordinary shan a Franking Record date Payment date . san
Slide 22: Key Financial Information - Balance sheet
Key Financial information - Audited i Proton Te 2008 30 Jung 03 ee 206 Sn ccc CURRENT ASSETS Cash Receivabios inventories Other NON-CURRENT ASSETS NON Investments: ee ny Property, Plant & i oe : Equipment RGD Costs. Goodwill Other | Oval Acsete
Slide 23: Full-Year Results to June 2004
Full-Vear Resa to 30 ee 2004 oc Company ANNAN NANT: er sob demand oF Comin municat ducts y
Slide 24: Full-Year Results to June 2004
Full-Year ce to 30 . ne 2004 ee, Demand from ga oo a and private communications networks _ HE radic very stro: communivatons Satoliie communeations <vong pina a Digital ICOM ANG 1300 Upderperto cn peed ven in genera | eleceh neue | 8 product range enbave Panes Circuit Boards Were a Operational effic
Slide 25: Revenue by product, years ended June 2003 and 2004
Year ended 30 dune 2003 Printed Circuit Boards 3.6% Digital Microwene Radio 42% Telovision Broadcasting 3.7% Satelite Cornmunications AT2% Total Operating Revenue §143.1m Year ended 30 June 2004 Printed Circuit Boards Television 3.0% Broadcasting Digital 18% Microwave Radio 3.0% Satetite NH Communic
Slide 26: Geographic markets
Geographic markets Year ended 30 June 2003 Year ended 20 June 2004 Americas Americas 15% q 24% Australia 18%
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Slide 28: Opportunities
Opportunities Satellite Communications ~ lhc ee rom words Recovery 0 gener fe Ico | i mn
Slide 29: Opportunities for growth
Opportunit for growth Digital Microwave. Radio. strategic all pe Focus eee
Slide 30: Opportunities for growth
Opporunt for g: owth Export ay Use of exist
Slide 31: Outlook
Culloo, C a a | | e n g es nT Appreciation of the pe revenue 2 bo i a
Slide 32: Outlook
Outioo;
Slide 33: Outlook - NPAT Trend
Cutloc: NPAT Trend 1998 2000 ©2001 2002-2008, 2004 = 2005 Financial Years ——Actial = = 15% Compound Growth Business Objective 2008
Slide 34: Thank you
Lococo Thank you fc yr your support o ee Ly yy 2 omni oe Cs a es 7