Slide 1: Market Announcement: Presentation for Macquarie Australia Conference
Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile 61 3 9473 2500 For personal use only MARKET ANNOUNCEMENT www.computershare.com Date: Thursday, 6th May 2010 To
Slide 2: Computershare Limited - Macquarie Australia Conference
C Computershare h Limited i i d For personal use only Stuart Crosby Chief Executive Officer & President Macquarie Australia Conference 6 May 2010 S d Sydney
Slide 3: About Computershare
About Computershare: For personal use only › Computershare p (ASX:CPU) ( ) is a global g leader in transfer agency g y and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialise in corporate trust services, tax voucher solutions, bankruptcy a
Slide 4: About Computershare: Where we operate
About Computershare: Where we operate For personal use only
Slide 5: Historical Financials: Strong long term growth; profits maintained during GFC
Historical Financials: Strong long term growth; profits maintained during GFC For personal use only 1,800 Revenue & EBITDA 1,600 (USD millions) 1 400 1,400 1,200 1,000 800 600 400 200 0 '94 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 Fi n a nc i a l Ye a r Revenue EBITDA
Slide 6: Historical Financials: EPS & dividend growth
Historical Financials: EPS & dividend growth For personal use only 60 Cents Earnings per Share (US cents) 50 Dividend (AU cents) 40 30 20 10 0 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 Financial Year EPS Dividend
Slide 7: Historical Financials: EBITDA margin
Historical Financials: EBITDA margin For personal use only
Slide 8: Latest Results: Highlights – 1H
Latest Results: Highlights – 1H 10 For personal use only 1H 10 vs 2H 09 vs 1H 09 Management earnings per share 31.38 cents up 21% up 20% Operating revenues up 11%$807.5m up 3% Operating costs up 9% $535.6m down 2% Management EBITDA up 16%$274.8m up 15% EBITDA margin 34.0% up from up from 32 5% 32.5%
Slide 9: 1H 2010 Revenue & EBITDA Regional analysis
1H 2010 Revenue & EBITDA Regional analysis For personal use only Total Revenue EBITDA breakdown breakdown
Slide 10: Interest Rate Sensitivity
Interest Rate Sensitivity For personal use only US$m PBT 80 Impact Reflects estimated contribution of derivatives and fixed deposits over CY10 assuming cash rates 60 remain unchanged. 40 20 0 -3.00% -2.50% -2.00% -1.50% -1.00% -0.50% Current 0.50% 1.00% 1.50% 2.00% 2.50% 3.00% -20 Represents cash ra
Slide 11: Hedge Lifecycles
Hedge Lifecycles For personal use only Hedging edg g of o Long o g Term e Sustainable Susta ab e Balances a a ces 100% 80% 60% 40% 20% 0% Jan-10 Jan-11 Jan-12 Jan-13 Total Hedging (derivatives, term deposits and floating rate debt)
Slide 12: Balance Sheet
Balance Sheet As at 31 December 2009 For personal use only
Slide 13: Debt Facility Maturity Profile
Debt Facility Maturity Profile As at 31 December 2009 For personal use only
Slide 14: Key Financial Ratios
Key Financial Ratios For personal use only › EBITDA Interest Coverage Net Financial Indebtedness to EBITDA
Slide 15: Acquisitions: CY2008 onward
Acquisitions: CY2008 onward For personal use only Name Cost ((USD m)) Country y Type yp of Business QMT 142.6 Australia Communication Services Machine Dreams small USA Audience interaction St d Strand 98 9.8 UK El t l Services Electoral S i Audience Alive small South Africa Audience interaction NRC
Slide 16: Acquisitions: Commentary
Acquisitions: Commentary For personal use only › Acquisition q activityy has slowed over the past p 12 months – the challenge g being g fewer opportunities, not reduced appetite › The National City transfer agent acquisition continues our strategy of consolidation in the US investor services’ space,
Slide 17: Environment: In good shape but a soft market
Environment: In good shape but a soft market For personal use only › Strongg recurringg revenue and geographic g g p diversityy continue to underpin p performance › Client attrition through GFC related insolvency, bail-out and takeover, and reductions in marging income (mostly ( y from the run-off o
Slide 18: Our strategic focus: Unchanged
Our strategic focus: Unchanged For personal use only › Continue to drive operations quality and efficiency through measurement, benchmarking and technology › Improve front office skills to protect and drive revenue › Continue to seek acquisition and other growth opportunities where we can add value