Slide 1: Financial results: Six months to 31 December 2002
Financial results Six months to 31 December 2002 Richard Humphry Managing Director & CEO 26 February 2003 AMOS B ALEK: nat EveAATE Oe wprBh revovashle r » — ASX profit growth continues Dec 2001 Change Net profit 28,283 + 11.0% after tax EBIT 36,394 + 124% All figures #039;000, six month periods
Slide 2: Dividend, EPS and cost to income ratio
Dec 2001 Change Dividend 19.5¢ +10.3% EPS pre 28.0 c + 14.6% goodwill Payout ratio 70% - Cost to 63.5% income ratio Dividend, EPS are cents per share Operating revenue =="Operating expenses 166 + 6 1 1 A A A A A A A 1HS8 2H98 1H99 2H99 1HGO 2HOG 1HO1 2HO4 1HO2 2HO2 1HO3
Slide 3: Options volumes and listings revenue up; revenue by category
Options volumes + 26% Listings revenue + 21% Continued management of capital expenditure Effective management — Operating revenue + 6% — Operating expenses + 3% All comparisons with previous corresponding six month period to 31December 2001 a) Ae, Revenue by category Re Se GEES bot Y Ch Oo Nal Sod)
Slide 4: Revenue mix by category
Other revenue a% Listings 27% Market Oata 48% Darivatives 15% Equities 39% 1H 03 Other revenue 5% Listings Market Data 19% 13% Derivatives 19% Equities 48%, Change Revenue + 14.2% Expenses (1.0%) EBITDA ASX result Goodwill All figures $m + 122% (60%)
Slide 5: Summary headlines
John Hayes Chief Financial Officer cf rr %, Wrap, Py Bre, y 4, gy, 3 are Ke summary headlines Profit increased by 11% to $31.4 million + Revenue increased by 6.4% to $106.0 million * Expenses increased by 3.0% to $65.1 million * EBIT increased by 12.4% to $40.9 million « Interim dividend of 21.5 cen
Slide 6: Revenue and operating expenses breakdown
Jun 2002 Dec 2001 Listings 20.1 16.9 Equities 46.3 45.2 Derivatives 20.1 18.3 Market Data 13.9 14.9 Other 4.9 45 Total 105.4 99.7 Increase on Dec 2001 5.7% Increase on Jun 2002 io Six months periods, $m Operating expenses Jun 2002 Dec 2001 Staff 31.0 30.9 Occupancy 8.9 8.6 Equipment 16.5 14.2 Other
Slide 7: Capital expenditure and ASX cash balance
Capital expendit Jun 2002 Dec 2001 Software development 1,533 2,942 Property, plant and 4114 2,587 equipment Total 2,644 5,529 Depreciation 9,401 9,171 cy Six month periods, $000 ASA casn balance Cash balance ——e Clearing fund cash reserve $- 1 1 1 1 Jusi-88 Jun-99 Jun-00 dun-04 dun-62 six months en
Slide 8: Capital return and cash balance
$m Am Capital return m Dividend @ Internal investment m External investment & Cash balance aN —— 2 See Jeff Olsson id a) D o c o = © a c i) Oo o Z 5 3 3) ® x Lu Production Services
Slide 9: Technology management
. Ph iy, Ale, Big ih de Technology management Technology is a core competency « Efficient, reliable and secure market delivery * Capacity for 300,000 trades per day * Development of world class facilities, combined with operating expertise « Expanding services for public and private enterprise * Ini
Slide 10: Key achievements
Richard Humphry Managing Director and CEO Psi. % 7 te wr, by oo Bote, wragte, ay, aig Bo gery Aevy achievements @ Sg « Expansion of futures product range continues — Listed Property Trust futures — Agricultural futures — Electricity futures « ASX FundConnect specifications are complete « FSR initiat
Slide 11: Outlook
Markets Trading of all ASX products Clearing Clearing across all ASX products Settlement Delivery vs. payment settlement for all ASX products Cash generation continues to be strong Market trading activity appears soft in equities, continues to be strong in options Cost discipline remains a key focus
Slide 12: AUATHALIAI Wake Tat
AUATHALIAI Wake Tat