Rhon-klinikum Ag · XETR:RHK

Rhon-klinikum — H1 2016 Earnings Presentation

11 slides from Rhon-klinikum's earnings presentation, Aug 4, 2016

  1. Slide 1: RHÖN-KLINIKUM AG First Half-Year Results 2016

    RHÖN-KLINIKUM AG First Half-Year Results 2016 August 4, 2016 Jens-Peter Neumann, CFO Dr. Kai G. Klinger

  2. Slide 2: Disclaimer

    Disclaimer  This document has been prepared by RHÖN-KLINIKUM AG (“RHÖN-KLINIKUM” or “the Company”) for information purposes only, solely for use during this presentation. It must be treated confidentially by attendees at such presentation and must not be distributed, passed on or otherwise disclose

  3. Slide 3: Highlights of Second Quarter 2016

    Highlights of Second Quarter 2016 A stable and focused quarter  AGM 2016: broad support for all agenda points incl. tax-driven profit transfer agreements  €53.6m dividend paid out on June 10, 2016  Organic volume development well on track with approx. +2% more DRG case-mix-points in first six mon

  4. Slide 4: Key P&L Figures H1 2016

    Key P&L Figures H1 2016 Performance* vs. H1 2016 in € millions H1 2015 Resilient performance ... Revenue 590.6 100.0% +6.3%  +3.5% organic revenue growth  slightly higher fixed cost base due to integration Personnel exp. -377.4 63.9% +7.4% of “Kreisklinik” Cost of materials -165.5 28.0% +4.8%  Fi

  5. Slide 5: Update on Main Initiatives and Focus Projects

    Update on Main Initiatives and Focus Projects UKGM H1 2016* shows further improvement  Revenue growth +4.1% yoy  EBITDA margin 8.0%  Fully on track with operational goals and profitability Update on Bad Neustadt campus building project  Notable progress at all construction levels  Foundation an

  6. Slide 6: Core Balance Sheet Figures as of June 30, 2016

    Core Balance Sheet Figures as of June 30, 2016 €1,466m €1,466m €911m Non-current assets €1,125m Equity ratio 62.1% 76.7% Equity €20m cash €555m €37m 37.9% Current assets Non-current liabilities 2.6% €10m financial debt €304m €290m cash Current liabilities 20.7% Assets Equity & liabilities Solid bala

  7. Slide 7: Regulatory Trends

    Regulatory Trends First view of regulatory landscape in 2017  Three-year fixed-cost discount replaces discounts on additional volumes  Extra charge for maintenance of 0.8% redirected into new extra charge for nursing based on staff statistics  DRG catalogue of 2017  Potential price adjustments o

  8. Slide 8: Outlook for 2016

    Outlook for 2016 Steady course throughout the year  Allocation and materialization of extraordinary effects broadly in line with underlying assumption  Overall budget targets of 2016 are attainable GUIDANCE FY 2016  Group revenues € 1.17bn to 1.20bn FULLY  EBITDA € 155m to 165m CONFIRMED  Organ

  9. Slide 9: Appendix – Financial Calendar

    Appendix – Financial Calendar FY 2016  February 26, 2016 Preliminary results for financial year 2015  April 15, 2016 Press conference: publication of annual financial report 2015  May 6, 2016 Publication of interim report for the quarter ending March 31, 2016  June 8, 2016 Annual General Meeting

  10. Slide 10: Appendix – Price Regulation at a Glance

    Appendix – Price Regulation at a Glance Average base rate increase in states with RHÖN hospitals Federal Total hospital system budget (weighted by RHÖN case mix) Level  Wage sum increase as main reference number for RHÖN effective base rate Benchmark (wage sum) Layer 1 DRG inflation in 2016: +2.95

  11. Slide 11: Appendix – Shareholder Base

    Appendix – Shareholder Base Like-for-like shareholder structure after capital reduction in 2015 as of 30 June 2016, according to the most recent notifications of voting rights at that time 20.0% B. Braun 50.10% 49.90% 46.9%1) Strategic Free Float Investors 17.6% Asklepios 6.9%2) Eugen Münch 3.2% 5.4

Rhön-Klinikum — H1 2016 Earnings Presentation on 6ix