Cvc Limited · ASX:CVC
Cvc — Ord Minnett Financial Services Conference (May 2007)
11 slides from Cvc's conference presentation, May 16, 2007
Slide 1: Presentation to Ord Minnett
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Slide 2: Background to CVC Limited
Background to CVC Limited Founded in 1985 by Vanda Gould (Chairman) and John Leaver (Director) Diversified listed investment company (ASX:CVC) Four operating divisions: » Funds management » Direct property holdings » Private equity investments » Listed share portfolio Top 20 shareholders represent 6
Slide 3: Background
Background CVC (listed.1985) $300m+ $35.1m.- $23.3m- 18.7¢ 17:5c. 171:8m 1,794.-° 15c 100% : 12 cents $1.90 we (OADXS¥) POHWT QAQ OF UOHOMPORUL UY |
Slide 4: Cash and investment portfolio
Cash cee 8173 Funds Management. : . a 8,907 - Listed Investments : = 184,759 > Private Equity os 21,555 ~ Property 31,266 Major Listed Investments Sunland Group Limited 34,291,303 Trinity Consolidated Group eae 5,456,455 : TRI Origin Minerals - os 5,199,078». Cyclopharm = -:. _ 14,980,991 Celinet Gr
Slide 5: Half Yearly Result
Half Yearly Result » Dividend — increase from 6 cents to 12 cents per share fully franked. Interim dividend of 9 cents per share paid in 2 installments >» Post Tax NA approximately $1.90 per share > Full year 2007 guidance $30M NPAT » Full year 2008 guidance $35M NPAT > 3 Es 3 & 2 g & 8 S a < 6 o 3
Slide 6: Background to February Placement
Background to February Placernent » Continued development of recurrent revenue streams, including funds management and investment banking » Private equity opportunities to achieve > 20% per annum returns » Ability to continue development of major investees including Ron Finemore Transport, Pro-Pac a
Slide 7: Financial Highlights
Financial Highlights » Successful scheme of arrangement for Greens Foods (GFD), and JV with GPG to acquire Consumer > “ Foods division ($130M t/o) plus land holdings. Initial tranche crystallised profit of approx $6.5M $51M pre-tax increase in value of listed portfolio (54.3%) since June 30, 2006 Ap
Slide 8: Financial Highlights continued...
Financial Highlights continued... » Dominant shareholder in successful IPO of Cyclopharm at 50% premium to IPO price ~ unlocking $5M+ in value > Provision of mezzanine finance to Sakkara for a further 3 properties with end value of $70M plus » CVC Sustainable Investments prospectus issued for the ra
Slide 9: Financial Highlights continued...
Financial Highlights continued... NPAT:: Share price Shares on issue ° EPS. DPS. P/E Yield. - Franking $5.04m $0.72 A.B 2.0C “157K. 2.89% 100% <°$10.im - $1.05 9.4¢ : 3.0c 14.9% > “2.9% 100% $24.6 $1.50 . 25 Ac : 5.0¢ Be PX “3.3% 100% $23.3m $1.45 — 116m_ 18.7¢ 6,00. 8.0K 4.0% 100%. “$30.0 $2.00 172
Slide 10: Future Directions
Future Directions » Continued development and corporate activity with significant investee companies >» Deployment of capital to exceed benchmark IRR of 15% per annum in core investment segments by identification of listed and unlisted opportunities » Strong focus on development of funds management
Slide 11: Platform for Growth
Fiatform for Growth Shepparton Ron Finemore Transport CVC Trinity Geelong Green’s Foods CVC Sustainable Gordon Others CVC Private Equity Alexandria CVC REEF Others Others Pro-Pac Packaging Sunland Group Cellnet Tri-Origin Cyclopharm Trinity Group Probiotec Others bos ar (OAD-XS¥) PAHW OAD 0} UORONPO
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