Servcorp Limited · ASX:SRV
Servcorp — Shareholder Meeting (November 2013)
5 slides from Servcorp's shareholder meeting presentation, Nov 13, 2013
Slide 1: Annual General Meeting 2013
11/13/2013 Servcorp Limited ANNUAL GENERAL MEETING For personal use only 2013 Wednesday 13th November 2013 Presented by A.G. Moufarrige, C.E.O. & Marcus Moufarrige, C.O.O. Operational Highlights FY 2013 Revenue of $207,995,000 NPBT of $27,630,000 NPAT of $21,271,000 EPS of 22.00 cps Mature
Slide 2: Financial Results FY 2013
11/13/2013 Financial Results FY 2013 For personal use only % FY 2013 ¹ FY 2012 ² % Constant $AUD 000's $AUD 000's Currency Total Revenue 207,995 200,785 4% 5% Mature floor profit 42,216 37,307 13% Immature floor loss (14,586) (18,978) 23% Statutory NPBT 27,630 18,329 51% 53% Tax (6,359) (3,528) Stat
Slide 3: Change in Depreciation Estimate; Mature Business
11/13/2013 Change in Depreciation Estimate FY 2013 For personal use only Depreciation rate of leasehold improvements reduced from 15% to 10% o 10% more accurately reflects the life of a Servcorp floor o Servcorp’s depreciation now aligned to industry standards The impact was to increase NPBT by
Slide 4: The Servcorp Footprint; Immature Business; Dividend
11/13/2013 The Servcorp Footprint Floors by Region - 30 June 2013 10 new floors opened in FY 2013 For personal use only North Asia 33 31 EMEA 72 new floors opened in the 48 months to 30 June 2013 We plan to open a further 10 large floors in FY 2014 22 USA o adding approximately 12% to office c
Slide 5: Trading Update Q1 FY 2014 and Outlook
11/13/2013 Trading Update Q1 FY 2014 For personal use only In Q1 FY 2014 we saw a broad based recovery of business confidence Q1 FY 2014 vs. Q1 FY 2013: Revenue up 13% Revenue (ex. Australia) up 19% NPBT up 13% (normalised for depreciation) Operating cash flows up 25% Unencumbered cash