Euroz Hartleys Group Limited · ASX:EZL
Euroz Hartleys — Shareholder Meeting (November 2009)
13 slides from Euroz Hartleys's shareholder meeting presentation, Nov 26, 2009
Slide 1: Investor Presentation - Annual General Meeting November 2009
Investor Presentation For personal use only Annual General Meeting - November 2009
Slide 2: Overview
For personal use only Overview
Slide 3: The Euroz Group
The Euroz Group For personal use only ¾ Western Australian focused, specialist financial services EZL historical share price/NTA performance company with a consistent track record of strong shareholder returns ¾ Dominant and unique WA market position ¾ Listed on ASX (code: EZL) ¾ Specialised stockbr
Slide 4: Euroz Group Operations
Euroz Group Operations For personal use only Euroz Limited ¾ $22m invested in 18,988,770 WIC shares (cost) Investments ¾ $21m invested in 106,734,893 OZG shares (cost) ¾ Also invests directly in its own right Euroz Securities Limited ¾ The foundation of our business Research ¾ Based on fundamental a
Slide 5: Western Australia: A Secular Growth Story
Western Australia For personal use only A Secular Growth Story ¾ Low risk access to developing market growth and returns ¾ WA economic growth highly correlated to Chinese demand for raw materials ¾ Resource endowment and proximity to growth economies are the driving forces ¾ Strong resource economy
Slide 6: 2009 Financial Year Performance
For personal use only 2009 Financial Year Performance
Slide 7: Financial Year Highlights
Financial Year Highlights For personal use only Net Profit after tax of $10.3m ¾ Full year NPAT of $10.3m and DPS of 7.5¢ ¾ An excellent full year result despite difficult market conditions ¾ Paid $9.6m in fully franked dividends ¾ All businesses profitable and performed well Earnings per share of $
Slide 8: Key Operating Statistics
Key Operating Statistics For personal use only FY09 Revenue by business stream ¾ Strong WA market position ¾ Recovery in Funds Management performance ¾ ECM remained active in FY09 with $573m raised by Euroz ¾ Good contributions from all businesses ¾ All staff retained during and post global financia
Slide 9: Market Update
For personal use only Market Update
Slide 10: Underwriting and Equity Capital Markets
Underwriting and Equity Capital Markets For personal use only Gross Capital Raised ¾ Deal flow remains a key driver for the Group ¾ Performance significantly impacted by timing and transaction size ¾ $324m raised in FY10 year to datea ¾ Major FY10 Raisings – Flinders Mines, Regis Recent Capital Rais
Slide 11: Funds Management
Funds Management For personal use only WIC Net Assets and Dividends Westoz Investment Company ¾ 15.3% owned by Euroz Limited ¾ Quotation of securities on ASX commenced 16 September 2009 after 4 years as an unlisted company ¾ Consistent outperformance in investment returns ¾ NTA of $1.46 per share as
Slide 12: Trading Update
Trading Update For personal use only ¾ WA economic growth rebounding ¾ Cautiously optimistic but markets will remain volatile ¾ Improving ECM and trading markets ¾ $7.3m unaudited NPAT as at 25 November 2009 ¾ Continuing good performance from Funds Management operations ¾ Balance Sheet remains stron
Slide 13: Balance Sheet
Balance Sheet For personal use only $m 25 Nov June June ¾ Cash and investments of $101m at 25 2009 2009 2008 November 2009 Cash (ex div) 61.7 55.5 63.4 Investments 39.1 37.0 55.9 ¾ NTA of 76¢ per sharea at 25 November 2009 NTA $0.76/share $0.72/share $0.83/share ¾ Nil debt ¾ Paid $88m in fully frank
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