Australian United Investment Co. Ltd. · ASX:AUI
Australian United Investment — Investor Presentation (December 2022)
15 slides from Australian United Investment's investor presentation, Dec 13, 2022
Slide 1: Analyst Presentation – December 2022 (ASX Announcement)
AUSTRALIAN UNITED INVESTMENT COMPANY LIMITED ABN 37 004 268 679 LEVEL 20 TEL (613) 9654 0499 101 COLLINS STREET EMAIL INFO@AUI.COM.AU MELBOURNE VIC 3000 AUSTRALIA 13 December 2022 For personal use only ASX Announcement Analyst Presentation – December 2022 Attached for release to the market is a pres
Slide 2: Analyst Presentation – December 2022
Australian United For personal use only Investment Company Limited Diversified United Investment Limited Analyst Presentation – December 2022
Slide 3: Presenters
Presenters For personal use only Stephen Hiscock Andrew Sisson AO Non-executive Director, DUI Non-executive Director, DUI James Pollard Company Secretary, AUI & DUI Analyst Presentation – December 2022 Australian United Investment Company Limited | Diversified United Investment Limited
Slide 4: Overview
Overview For personal use only • Long term focus, low portfolio turnover, experienced management • After tax focus for shareholders; closed end structure • LIC tax compliant • Strong record of maintaining and growing fully franked dividends • Very low management expense ratio (MER) • No performance
Slide 5: Board of Directors - AUI
Board of Directors - AUI For personal use only Charles Goode AC B.Com (Hons) (Melb), MBA (Columbia), Hon LLD (Melb), Hon LLD (Mon) Non-executive Chairman, appointed April 1990 Fred Grimwade B.Com/LLB (Hons) (Melb), MBA (Columbia), FAICD Non-executive Director, appointed March 2014 Lead Independent D
Slide 6: Board of Directors - DUI
Board of Directors - DUI For personal use only Charles Goode AC B.Com (Hons) (Melb), MBA (Columbia), Hon LLD (Melb), Hon LLD (Mon) Non-executive Chairman, appointed September 1991 Anthony Burgess B.Com (Hons) (Melb), MBA (Dist’n) (Harvard), CPA, FFIN Non-Executive Director, appointed September 2008
Slide 7: Operational staff – AUI & DUI
Operational staff – AUI & DUI For personal use only Company Secretary James Pollard CA FGIA, B.BusCom (Mon), Grad Cert FP (Kaplan) Joined May 2019 Corporate Accountant Lisa Curtis CA, B.Comm (Melb) Joined April 2021 Outsourced Accounting and Custody The Companies’ Accounting and Custody are outsourc
Slide 8: Financial Highlights
Financial Highlights Year ended 30 June 2022 For personal use only FY21 FY22 Change FY21 FY22 Change Profit after tax ($M) 1 40.5 72.0 +78% 31.0 45.8 +48% Underlying profit after tax ($M) 1 33.0 51.1 +55% 22.6 38.8 +72% Dividends paid (cents per share) 36.0 37.0 +3% 15.5 16.0 +3% Total portfolio ($M
Slide 9: Dividend History
Dividend History Cents per share For personal use only Analyst Presentation – December 2022 Australian United Investment Company Limited | Diversified United Investment Limited
Slide 10: NTA Accumulation Performance years to June 2022
NTA Accumulation Performance 10 years to 30 June 2022 For personal use only AUI NTA AUI Share Price S&P ASX 200 DUI NTA DUI Share Price S&P ASX 200 Accum. Accum. Accum. Index Accum. Accum. Accum. Index % p.a. % p.a. % p.a. % p.a. % p.a. % p.a. 1 year (4.0) (4.3) (6.5) 1 year (4.6) (8.7) (6.5) 3 year
Slide 11: Strategy
Strategy For personal use only Investment objectives: • To create and maintain a diversified portfolio of quality Australian companies, primarily through shares listed on the ASX, with a medium to long term view of providing income and capital appreciation; • DUI – Portfolio includes an exposure to
Slide 12: Sector Allocations
Sector Allocations As at 30 September 2022 For personal use only Healthcare Property Cash International Cash Banks and 13% 2% 1% Equities 1% Other Banks and 18% Financials Other 25% Infrastructure Financials and Industrials 31% Property 12% 3% Consumer 10% Healthcare 19% Mining and Infrastructure Co
Slide 13: Top Holdings
Top 10 Holdings As at 30 November 2022 For personal use only Market Market % of Total % of Total Value Value Investments Investments Company $’000 Company $’000 Commonwealth Bank of Australia 140,218 9.3% CSL Ltd 178,565 13.6% CSL Ltd 127,547 8.4% Commonwealth Bank of Australia 107,860 8.2% BHP Grou
Slide 14: Responsible Investment
Responsible Investment For personal use only • Identify and understand ESG matters by engaging with companies directly and also from broker research reports or other trusted third- party reporting • ESG matters are considered as part of investment criteria • Actively engage with investee companies:
Slide 15: Analyst Presentation – December 2022
Australian United For personal use only Investment Company Limited Diversified United Investment Limited Analyst Presentation – December 2022
Australian United Investment Company — Investor Presentation (December 2022) on 6ix