Eqt Holdings Ltd. · ASX:EQT
Eqt — H1 FY2019 Earnings Presentation
36 slides from Eqt's earnings presentation, Feb 25, 2019
Slide 1: For personal use only
For personal use only Mick O’Brien, Managing Director Philip Gentry, Chief Financial Officer and Chief Operating Officer
Slide 2: Agenda
AGENDA (1) FIRST HALF FY19 IN REVIEW (2) FINANCIALS (3) STRATEGY UPDATE AND OUTLOOK (4) QUESTIONS
Slide 3: First Half FY19 in Review
INVESTOR PRESENTATION For personal use only FIRST HALF FY19 IN REVIEW
Slide 4: For personal use only
For personal use only • • • • • • • • • *FUMAS: Funds under management, administration, advice and supervision FIRST HALF FY19 IN REVIEW 4 Note: All comparisons above are with the prior corresponding period
Slide 5: For personal use only
For personal use only • – – – • • • – – FIRST HALF FY19 IN REVIEW 5
Slide 6: For personal use only
For personal use only $b $b 70.0 16.0 65.5 15.0 63.5 62.8 14.2 14.0 60.0 49.4 12.0 50.0 10.5 10.0 40.0 8.0 30.0 6.0 20.0 4.0 10.0 2.0 - - 1H16 1H17 1H18 1H19 1H17 1H18 1H19 * FUS: Funds under supervision **FUMAS: Funds under management, administration, advice and supervision FIRST HALF FY19 IN REVIE
Slide 7: For personal use only
For personal use only $b 1.8 $b 0.4 $b 7.2 1.6 6.3 1.4 0.3 5.4 1.2 4.5 1.0 1H17 1H17 0.2 3.6 0.8 1H18 1H18 1H19 2.7 0.6 1H19 0.1 1.8 0.4 0.9 0.2 - - - Estate Testamentary Perpetual Indigenous Living Donors Compensation 1H18 1H19 Management Trusts Charitable Trusts Trusts Trusts • • • • • • • • • 6%
Slide 8: For personal use only
For personal use only • 14.9% net increase in fund manager • Positive momentum in a relatively new clients business, albeit from a low base FIRST HALF FY19 IN REVIEW 8 Note: Excludes UK/Irish clients
Slide 9: First Half FY19 in Review
For personal use only FIRST HALF FY19 IN REVIEW 9
Slide 10: For personal use only
For personal use only 20 80 20 15 +15 +12 +12 60 15 10 10 5 +5 40 5 - - 20 Jun-17 Jun-18 (5) Jun-17 Jun-18 (5) (10) - (10) Jun-16 Jun-17 Jun-18 Cents $m 60 55.13 100 47.47 49.80 50 87 40.99 36.01 40 80 35.25 31.73 71 67 30 20 60 10 - 40 1H16 FY16 1H17 FY17 1H18 FY18 1H19 Jun-16 Jun-17 Jun-18 FIRST H
Slide 11: Financials
INVESTOR PRESENTATION For personal use only FINANCIALS
Slide 12: Financials
For personal use only • p • p p • p p • p • p p • p p FINANCIALS 12
Slide 13: For personal use only
For personal use only $m 48 $m 20 46.3 16.2 46 45.3 14.7 14.0 15 44 43.2 11.9 42.6 10.4 9.9 9.0 42 41.1 10 40.4 39.5 40 5 38 36 - 1H16 FY16 1H17 FY17 1H18 FY18 1H19 1H16 FY16 1H17 FY17 1H18 FY18 1H19 cents 60 55.13 cents 50 49.80 42 44 47.47 40 50 40 35 36 40.99 34 34 40 35.25 36.01 31.73 30 30 20 2
Slide 14: For personal use only
For personal use only • • • *FUMAS: Funds under management, administration, advice and supervision FINANCIALS 14
Slide 15: For personal use only
For personal use only • $m 80 0.3 75 • 15.9 70 • (7.8) 65 (4.0) 60 60.6 (6.6) 58.4 • 55 50 Opening Balance Net cash flow from Other Investing Income tax paid Repayment of Payment of Closing Balance 31 30 Jun 18 operations (Interest received, borrowings dividends Dec 18 purchase of fitout and intangi
Slide 16: For personal use only
For personal use only $b 16 15.0 14.2 • 14 4.4 • 12 4.0 10 8 6.7 6.5 6 4 • 0.6 0.6 1.3 1.2 2 2.0 1.9 - 1H18 1H19 Philanthropy Trusts & Estates Wealth Advice Super Asset Management*** *FUMAS: Funds under management, administration, advice and supervision ***Asset Management includes TWS Investment Ma
Slide 17: For personal use only
For personal use only • $b 80 70 65.5 63.5 62.8 60 13.2 12.2 49.4 14.8 • 50 1.7 3.7 9.0 2.3 9.4 6.6 8.2 40 3.0 11.6 4.4 15.8 9.6 • 30 10.9 20 30.0 27.9 25.2 10 21.7 - 1H16 1H17 1H18 1H19 Other (Property, Multi-Strategy, Alternatives) Australian Fixed Interest Australian Equities Global Fixed Interes
Slide 18: Financials
For personal use only • • • • • • FINANCIALS 18 * A contingent liability has been disclosed in the financial statements relating to an objection process with the ATO, regarding the tax treatment of an acquisition made in 2011. EQT believes it has correctly calculated the deduction made in respect of
Slide 19: For personal use only
For personal use only • • • • • • • * Based on current portfolio of funds and activities FINANCIALS 19
Slide 20: Financials
For personal use only • • • • • • • – FINANCIALS 20
Slide 21: For personal use only
INVESTOR PRESENTATION For personal use only STRATEGY UPDATE AND OUTLOOK
Slide 22: For personal use only
For personal use only STRATEGY UPDATE AND OUTLOOK 22
Slide 23: For personal use only
For personal use only • – – • – – – – • – – STRATEGY UPDATE AND OUTLOOK 23
Slide 24: For personal use only
For personal use only • • – – • – – – – – – • STRATEGY UPDATE AND OUTLOOK 24
Slide 25: For personal use only
For personal use only • • • • STRATEGY UPDATE AND OUTLOOK 25
Slide 26: For personal use only
For personal use only STRATEGY UPDATE AND OUTLOOK 26
Slide 27: For personal use only
For personal use only • • • • • • • • • • • • STRATEGY UPDATE AND OUTLOOK 27
Slide 28: For personal use only
For personal use only • • • • • • • STRATEGY UPDATE AND OUTLOOK 28
Slide 29: For personal use only
For personal use only • • • • • • STRATEGY UPDATE AND OUTLOOK 29
Slide 30: For personal use only
For personal use only • – – – – – – • – – STRATEGY UPDATE AND OUTLOOK 30
Slide 31: For personal use only
For personal use only • • – • – – – – • • STRATEGY UPDATE AND OUTLOOK 31
Slide 32: For personal use only
For personal use only • – – – – – – • • STRATEGY UPDATE AND OUTLOOK 32
Slide 33: For personal use only
For personal use only • – – – – – – STRATEGY UPDATE AND OUTLOOK 33
Slide 34: Questions
INVESTOR PRESENTATION For personal use only QUESTIONS
Slide 35: Thank You
INVESTOR PRESENTATION For personal use only THANK YOU
Slide 36: Disclaimer
DISCLAIMER EQT Holdings Limited ABN 22 607 797 615. This document was prepared by EQT Holdings Limited and is only provided for information purposes. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. To the