Washington H. Soul Pattinson And Company Limited · ASX:SOL

Washington H. Soul Pattinson And — H1 FY2009 Earnings Presentation

10 slides from Washington H. Soul Pattinson And's earnings presentation, Mar 26, 2009

  1. Slide 1: Review of Operations: Half Year Ended 31 January 2009

    For personal use only Review of Operations Half Year Ended 31 January 2009 Group Performance Consolidated Results Half Year Ended 31 January 2009 ƒ Group profit after tax and before non regular items increased 167% to $117m ƒ Group profit after tax and non regular items was $940m > 20 times last yr

  2. Slide 2: Interim Dividend Performance

    Interim Dividend Performance For personal use only (Cents per Share) 13 12 11.5 11 10 8 Interim Dividend 13 cents up 8% 2004 2005 2006 2007 2008 2009 Listed Investment Portfolio Holding Company (including subsidiaries & associates) ƒ Market value of portfolio $2.8 billion ƒ 6 month portfolio return

  3. Slide 3: Listed Investment Portfolio

    Listed Investment Portfolio For personal use only Holding Company (excluding subsidiaries & associates) ƒ Market value of portfolio $311 million ƒ $27m invested in equity market ƒ Proceeds from disposals $21m ƒ Investment & disposals due to t/overs $20m ƒ Gains on disposals $3m (before tax) ƒ Divide

  4. Slide 4: Controlled Entities: New Hope Corporation Limited

    Controlled Entities For personal use only New Hope Corporation Limited ƒ Profit after tax from operations, treasury & investment up 262% ƒ $1.7 billion profit after tax from sale of New Saraji ƒ $1.1 billion contribution to Group profit $1.03 billion non-regular $81 million regular Controlled Entiti

  5. Slide 5: Controlled Entities: New Hope Corporation Limited

    Controlled Entities For personal use only New Hope Corporation Limited ƒ Production up 13% ƒ Higher sales prices (in AUD terms) ƒ Acland approval for 4.8 million tonnes ƒ Acland future expansion to 10 million tonnes PA Controlled Entities New Hope Corporation Limited Queensland Bulk Handling Port Ex

  6. Slide 6: New Hope and Australian Pharmaceutical Industries

    Controlled Entities For personal use only New Hope Corporation Limited ƒ Arrow Energy investment – unrealised gain of $210m (before tax) ƒ Wetalla water project well advanced ƒ Due for completion 2nd Qtr 09 ƒ Effectively drought proofs mine ƒ Exploration drilling curtailed by wet weather Associated

  7. Slide 7: Associated Entities: Brickworks and Clover

    Associated Entities For personal use only Brickworks Limited ƒ Normalised profit after tax $51m up 26% ƒ Result demonstrates benefit of diversification ƒ Fully franked interim dividend of 12.5 cents per share ƒ Building Products Outlook - Positive indicators - Improved housing affordability Associat

  8. Slide 8: Associated Entities: Ruralco and SP Telemedia

    Associated Entities For personal use only Ruralco Holdings Limited Year Ended 30 Sept 08 ƒ WHSP holding 23.5% ƒ Now an Associate ƒ Revenue $886m up 18% ƒ Profit after tax $16m up 43% Associated Entities SP Telemedia Limited ƒ Profit after tax up 104% to $5m ƒ EBITDA up 264% to $44m ƒ Result includes

  9. Slide 9: SP Telemedia and Pitt Capital Partners

    Associated Entities For personal use only SP Telemedia Limited ƒ Generated net cash of $64m ƒ $25m ahead on debt repayments ƒ On target for current year $93m EBITDA Controlled Entities Pitt Capital Partners Limited ƒ Corporate advisory ƒ Sale of New Saraji project ƒ $11 million contribution to Group

  10. Slide 10: A Diversified Investment House

    Washington H Soul Pattinson For personal use only & Company Limited “A Diversified Investment House” WHSP – Investments & Share Portfolio API – Wholesale & Retail Pharmaceuticals Brickworks – Brick & Tile Manufacturing Clover – Food Technology New Hope – Coal SPT – Telecommunications PCP - Merchant

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