Euroz Hartleys Group Limited · ASX:EZL
Euroz Hartleys — Euroz — Investor Presentation (April 2010)
12 slides from Euroz Hartleys's investor presentation, Apr 29, 2010
Slide 1: Investor Presentation
Investor Presentation For personal use only Investor Update - April 2010
Slide 2: Overview
For personal use only Overview
Slide 3: The Euroz Group
The Euroz Group For personal use only ¾ Western Australian focused, specialist financial services EZL historical share price/NTA performance company with a consistent track record of strong shareholder returns ¾ $195 million Market Capitalisation ¾ Paid $91m in fully franked dividends in 9 ½ years ¾
Slide 4: Euroz Group Operations
Euroz Group Operations For personal use only Euroz Limited ¾ $27m invested in 23,938,770 WIC shares (cost) Investments ¾ $22m invested in 111,734,893 OZG shares (cost) ¾ Also invests directly in its own right Euroz Securities Limited ¾ The foundation of our business Research ¾ Based on fundamental a
Slide 5: Western Australia: A Secular Growth Story
Western Australia For personal use only A Secular Growth Story ¾ Low risk access to developing market growth and returns ¾ WA economic growth highly correlated to Chinese demand for raw materials ¾ Resource endowment and proximity to growth economies are the driving forces ¾ Strong resource economy
Slide 6: 2010 Half Year Performance
For personal use only 2010 Half Year Performance
Slide 7: Half Year Financial Summary
Half Year Financial Summary For personal use only Net Profit after tax ¾ Half year NPAT of $9.3m and Interim DPS of 2¢ ¾ An excellent half year result ¾ Paid $2.6m interim fully franked dividend ¾ All businesses profitable and performing well Earnings per share * First half EPS only
Slide 8: Market Update
For personal use only Market Update
Slide 9: Underwriting and Equity Capital Markets
Underwriting and Equity Capital Markets For personal use only Gross Capital Raised ¾ Deal flow remains a key driver for the Group ¾ $424m raised in FY10 year to date* ¾ Major FY10 Raisings – Flinders Mines, Regis Resources, Northern Iron, Troy Resources, Coal of Africa, Gryphon Minerals, Swick Minin
Slide 10: Funds Management
Funds Management For personal use only WIC Net Assets and Dividends Westoz Investment Company ¾ 19.57% owned by Euroz Limited ¾ Quotation of securities on ASX commenced 16 September 2009 after 4 years as an unlisted company ¾ Consistent outperformance of investment returns ¾ NTA of $1.52 per share a
Slide 11: Balance Sheet
Balance Sheet For personal use only $m 21 April June June ¾ Cash and investments of $105.5m at 21 2010 2009 2008 April 2010* Cash (ex div) 57.8 55.5 63.4 Investments 47.7 37.0 55.9 ¾ NTA of $0.81 per share at 21 April 2010 NTA $0.81/share $0.72/share $0.83/share ¾ Nil debt ¾ Paid $91m in fully frank
Slide 12: Trading Update
Trading Update For personal use only ¾ Unaudited NPAT as at 21 April 2010 of $15m* ¾ Balance Sheet strong - $106m NTA** ¾ Funds Management operations performing well year to date ¾ Solid ECM and trading markets ¾ Cautiously optimistic but markets will remain volatile * Does not include potential WFM