Australian United Investment Co. Ltd. · ASX:AUI
Australian United Investment — Investor Presentation (September 2023)
13 slides from Australian United Investment's investor presentation, Sep 6, 2023
Slide 1: Analyst Presentation – September 2023 ASX Announcement
AUSTRALIAN UNITED INVESTMENT COMPANY LIMITED ABN 37 004 268 679 LEVEL 20 TEL (613) 9654 0499 101 COLLINS STREET EMAIL INFO@AUI.COM.AU MELBOURNE VIC 3000 AUSTRALIA 6 September 2023 ASX Announcement Analyst Presentation – September 2023 For personal use only Attached for release to the market is a pre
Slide 2: Australian United Investment Company Limited / Diversified United Investment Limited
Australian United For personal use only Investment Company Limited Diversified United Investment Limited Analyst Presentation – September 2023
Slide 3: Presenters
Presenters For personal use only Wayne Kent Andrew Sisson AO Non-executive Director, AUI Non-executive Director, DUI James Pollard Company Secretary, AUI & DUI Analyst Presentation – September 2023 Australian United Investment Company Limited | Diversified United Investment Limited
Slide 4: Overview of AUI & DUI
Overview of AUI & DUI • Long term focus, low portfolio turnover, experienced For personal use only management • After tax focus for shareholders; closed end structure • LIC tax compliant • Strong record of maintaining and growing fully franked dividends • Very low management expense ratio (MER) • No
Slide 5: Investing in an LIC
Investing in an LIC Advantages Simple, low-cost way to gain exposure to a portfolio of diversified equities without the For personal use only • administration of multiple positions. • Scale gives access to institutional placements, offers, and brokerage rates not available to retail investors. • Inc
Slide 6: Discount to Pre-Tax NTA
Discount to Pre-Tax NTA (1) 10 years to 30 June 2023 For personal use only 2% 2% 0% 0% -2% -2% -4% -4% -6% -6% -8% -8% -10% -10% -12% -12% 1. Pre-Tax NTA is the Company’s net tangible asset backing before estimated tax on net unrealised gains and losses on the investment portfolio. Analyst Presentat
Slide 7: Financial Highlights
Financial Highlights Year ended 30 June 2023 For personal use only FY22 FY23 Change FY22 FY23 Change Profit after tax ($M) 72.0 56.4 -22% 45.8 42.8 -7% Underlying profit after tax ($M) 1 51.1 55.2 +8% 38.8 40.7 +5% Dividends paid (cents per share) 37.0 37.0 - 16.0 16.0 - Pre-tax NTA per share, 30 Ju
Slide 8: Dividend History
Dividend History Cents per share For personal use only Analyst Presentation – September 2023 Australian United Investment Company Limited | Diversified United Investment Limited
Slide 9: NTA Accumulation Performance
NTA Accumulation Performance 10 years to 30 June 2023 For personal use only 1 year 3 years 5 years 10 years 1 year 3 years 5 years 10 years AUI NTA Accum. % p.a. 13.6 11.4 6.8 7.8 DUI NTA Accum. % p.a. 12.3 10.0 7.2 9.1 AUI Share price Accum. % p.a. 8.4 11.0 6.6 8.1 DUI Share price Accum. % p.a. 10.
Slide 10: Strategy
Strategy Investment objectives: • To create and maintain a diversified portfolio of quality Australian companies, primarily For personal use only through shares listed on the ASX, with a medium to long term view of providing income and capital appreciation; • DUI – Portfolio includes an exposure to
Slide 11: Sector Allocations
Sector Allocations As at 30 June 2023 For personal use only Healthcare Property Cash International Cash Banks and 12% 2% 1% Equities 1% Other Banks and 20% Financials Infrastructure Other 27% and Industrials Financials 10% 32% Property 3% Consumer 9% Healthcare 17% Consumer 20% Infrastructure and In
Slide 12: Top Holdings
Top 10 Holdings As at 31 July 2023 For personal use only Market Market % of Total % of Total Value Value Investments Investments Company $’ Company $’ Commonwealth Bank of Australia 137,423 9.3% CSL Ltd 159,769 12.4% BHP Group Ltd 124,227 8.4% Commonwealth Bank of Australia 105,710 8.2% CSL Ltd 114,
Slide 13: Australian United Investment Company Limited / Diversified United Investment Limited
Australian United For personal use only Investment Company Limited Diversified United Investment Limited Analyst Presentation – September 2023
Australian United Investment Company — Investor Presentation (September 2023) on 6ix