Cvc Limited · ASX:CVC
Cvc — Shareholder Meeting (November 2005)
19 slides from Cvc's shareholder meeting presentation, Nov 29, 2005
Slide 1: c [=] = no) sd i—| ® ” ® bemal a. = S <t
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Slide 2: Agenda
Agenda HN . CVC Lites 2 Platform for Growth
Slide 3: Financial highlights
» Financial highlights
Slide 4: Financial highlights
Financials highlights Financial highlights ASX Code CVC (listed 1985) Shares on issue 128.2 m Market Cap $171 m (based on Number of shareholders Approx 630 $1.33 share price) Revenue t 30% to $61.8m Dividend * 67% to 5c Net profit t 187% to $29.0m Franking 100% Earnings per share t 270% to 25.4c Bal
Slide 5: Financial highlights
Financials highlights Financial highlights NPAT $5.0m $10.1m $29.0m $2.00 Share price 72c $1.05 $1.33 51.60 EPS 46c 94c 25.4c DPS 2.0¢c 3.0c 5.0c $1.20 PIE 15.7x 14.9% —-5.2x Yield 29% 29% 3.8% $0.80 Franking 100% 100% 100% $0.40 EPS growth 104% 270% $0.00 . J 1992 1995 1998 20012004 Returns! (pa) 4
Slide 6: Company highlights
2. > Company highlights
Slide 7: Company highlights: Background
Company highlights Background — 20 year history as listed company, track record of successful investments and capital growth. Pioneer of Australian Private Equity market. ~ One of the best performing listed private equity funds ~ Corporate restructure completed in 2004 internalising management of th
Slide 8: Company highlights: Background
Company highlights Background ~ Objective to grow intrinsic value by 15%+ on an annualised basis ~ Value-add to investments to maximise value ~ Deal flow networks and investment selection criteria established over past 20 years ~ Diversified earnings streams allow company to achieve recurrent earnin
Slide 9: Organisational structure
Organisational structure
Slide 10: Organisational structure
Organisational structure Organisational structure CVC Limited CVC Private Equity 10 Platform for Growth
Slide 11: Platform for growth
4. ~ Platform for growth
Slide 12: Platform for growth
Platform for growth Platform for growth wate | Pe "Finemore Te A NS ee CVC PROR ta TE & 12 Platform for Growth
Slide 13: Listed investments
Listed investments Platform for growth 10 — 15 ASX listed stocks / market valuation approx $100m Sunland (SDG) 32.5 m $48 m $4.00 m* Pro-Pac (PPG) 6.5m $3 m $0.25 m* Stargames (SGS) 16.9 m $26 m $0.31m*** Greens Foods (GFD) 14.2 m $8 m $0.30m** $85 m $4.5 m* “Based on 2005 actual dividends / 2006 co
Slide 14: Platform for growth: Private equity investments
Platform for growth Private equity investments — Ron Finemore Transport ~ Co-investment / capital growth — Probiotec ~ Planned listing 2006 ~ Capital growth on $5 million investment — Renewable energy / Environmental opportunities ~ Capital growth / fee income <: CVE Limited 14 Platform for Growth
Slide 15: Platform for growth: Direct property investments
Platform for growth Direct property investments — Development of Fern Bay, Newcastle ~ 100 blocks currently developed ~ 30 sales to date @ average > $250,000 each ~ Possible 800 over next 10 years subject to DA approval — Completing DA for construction of 13,000m2 Bulky Goods site at Belrose, Sydney
Slide 16: Platform for growth: Funds management
Platform for growth Funds management — Existing funds: ~ CVC REEF Limited ~ CVC Sustainable Investments Limited (CVCS1) — current prospectus ~ CVC Private Equity Limited (CVCPE) — Total funds under management >$50m — recurring income / performance fees — Evaluating new opportunities <: CVE Limited 1
Slide 17: Subsequent to June
Subsequent to June 30 — Entered into option for sale of Stargames holding at $1.55 per share. If completed will deliver profit of approximately $16.5 M — Commenced sales of Fern Bay property at Newcastle — Completed 2" acquisition for Ron Finemore Transport — Acquired substantial shareholdings in AS
Slide 18: Summary
» Summary
Slide 19: Summary
— Solid recurring earnings — Opportunities for further one off capital gains — Established, well respected listed company with strong deal flow — Ability to fund a large deal 19 Platform for Growth