Omni Bridgeway Ltd · ASX:OBL

Omni Bridgeway — IMF (Australia) — Shareholder Meeting (November 2009)

17 slides from Omni Bridgeway's shareholder meeting presentation, Nov 6, 2009

  1. Slide 1: Annual General Meeting

    Annual General Meeting Sheraton Perth Hotel 6 November 2009

  2. Slide 2: Welcome to IMF's Annual General Meeting

    Annual General Meeting Welcome to IMF’s Ann Annual al General Meeting Rob Ferguson g ­ Non­Executive Chairman Hugh McLernon ­ Managing Director 2

  3. Slide 3: Agenda

    Agenda Introduction Overview of FY2009 Hugh McLernon Managing Director – Highlights – Income – Balance B l Sh t Sheet – Investment Portfolio – New Agreements g in FY2009 – Share Price FY2010 Forecast Capital Management IMF’s Short Term Future – Operational Resolutions Q Questions ti 3

  4. Slide 4: Overview of FY2009 Highlights

    Overview of FY2009 Highlights IMF’s performance continues to improve: FY2009 FY2008 % Gross Income (from cases) $63 2M $63.2M $55 2M $55.2M 15% Net Income (from cases) $35.1M $33.8M 4% NPBT $30.4M $24.8M 22% NPAT $20 8M $20.8M $17 1M $17.1M 21% Dividend (cents per share) 15.0 5.0 10.0 ¢ Franked Fran

  5. Slide 5: Overview of FY2009 - Income

    Overview of FY2009 ­ Income Matter Gross Gross Profit Income (before tax)1 Aristocrat $35.3M $21.7M Downer EDI $6.3M $5.4M Centaur Mining $6.8M $5.1M Sh t Park Shenton P k $3 4M $3.4M $2 3M $2.3M Meadow Springs2 $2.7M $2.2M Confidential $2.6M $1.2M Others³ $6.2M ($2.6M) Total $63.3M $35.3M ¹ Include

  6. Slide 6: Overview of FY2009 - Balance Sheet

    Overview of FY2009 ­ Balance Sheet A strong balance sheet Cash Investments¹ Investments Net Assets $61.24 $32.87 $32.28 $30.32 $28 12 $28.12 $67 23 $67.23 $51.64 $64.78 $46.81 $40.12 $23.91 $20.82 FY06 FY07 FY08 FY09 FY06 FY07 FY08 FY09 FY06 FY07 FY08 FY09 ¹ Investments includes capitalised overhead

  7. Slide 7: Overview of FY2009 - Investment Portfolio

    Overview of FY2009 ­ Investment Portfolio Number Estimated Maximum of Matters Completion Period1 Recoverable Claim2 11 December 2009 $135M 3 June 2010 $117M 7 June 2011 $595M 8 June 2012 $210M Total 35 $1,057M ¹ The latest completion date is IMF’s current best estimate of when the case will be final

  8. Slide 8: IMF Share Price

    4 INAF IMF Share Price (AUSTRALIA) LTD 250 8000 IMF enters Top 300) Mar 20, 2009] | 7000 200 6000 5000 150 - 4000 IMF —xko 100 i 3000 2000 50 i 1000 ; ; . r , , 7 , ° 11/07 12/07 01/08 02/08 03/08 04/08 05/08 06/08 07/08 08/08 09/08 10/08 11/08 12/08 01/09 02/09 03/09 04/09 05/09 06/09 07/09 08/09 0

  9. Slide 9: FY2010 Forecast

    FY2010 Forecast Expected FY2010 Results: ­ NPBT $29M ­ $35M ­ NPAT $20M ­ $24M ­ First half FY2010 result will be better than second half Healthyy cash balance ((30 Sept p 2009 $ $49.5M)) and no debt Matters expected to be finalised in FY2010: ­ Sons of Gwalia; ­ Opes; ­ Kingstream; Ki t ­ NEIB; NEI

  10. Slide 10: Capital Management

    Capital Management No Debt – Early Convertible Note Redemption ­ 4.2M 4 2M notes converted ­ $12.4M repaid on 3 July 2008 FY2008 dividend totalled 5.0 cents per share FY2009 dividend totalled 15.0 cents per share FY2010 fully franked dividends where cash balance above $50M Share buyy back of up p to

  11. Slide 11: IMF's Short Term Future - Operational

    IMF’s Short Term Future ­ Operational Current economic climate is positive for improving the size of the investment portfolio ­ Target $2B by 30 June 2011 Build portfolio ­ additional products ­ new client base ­ overseas jurisdictions Adverse Costs Insurance Increasing competition Managed Investmen

  12. Slide 12: Resolution 1

    Resolution 1 “That, Mr Alden Halse, being a director of the Company, retires by rotation in accordance with Clause 1313.2 2 of the Constitution and, and being eligible, is hereby re­elected as a director of the Company.” Company. 12

  13. Slide 13: Resolution 2

    Resolution 2 “That, Mr Michael Bowen, being a director of the Company, retires by rotation in accordance with Clause 1313.2 2 of the Constitution and, and being eligible, is hereby re­elected as a director of the Company.” Company. 13

  14. Slide 14: Resolution 3

    Resolution 3 “That, for the purposes of Section 250R(2) of the Corporations Act 2001 (Cth), the remuneration report be adopted adopted.” 14

  15. Slide 15: Resolution 4

    Resolution 4 “ That, for the purposes of Section 13.8 of the Constitution Listing Rule 10 Constitution, 10.17 17 of the Listing Rules of the Australian Securities Exchange and for all other p purposes, p , the Company p y approves the maximum aggregate amount that may be paid to Non­Executive Direct

  16. Slide 16: Questions and Answers

    IMF (Australia) Ltd Questions and Answers 16

  17. Slide 17: New Agreements in FY2009

    New Agreements in FY2009 Estimated Matter Completion p Period Air Cargo June 2011 Beconwood1 December 2009 Commonwealth of Australia (Pan Pharmaceuticals) June 2011 Kingstream Steel Creditors Trust December 2009 Oz Minerals June 2011 Great Southern June 2012 Firepower June 2012 Ceramic Fuel Cells Ju

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