Cedar Woods Properties Limited · ASX:CWP
Cedar Woods Properties — FY2009 Earnings Presentation
7 slides from Cedar Woods Properties's earnings presentation, Aug 24, 2009
Slide 1: Annual Results 2009: Highlights and Operating Results
8/24/2009 Presentation Outline For personal use only Annual Results 2009 Highlights 2009 results Property portfolio Residential market Outlook Highlights 2009 Operating Results FY2009 FY2008 NPAT $9.3m, ahead of forecast $m $m Significant g reduction in ggearingg Revenue 107.1 81.9 31%
Slide 2: Cash Flows, Financial Highlights and Asset Values
8/24/2009 Earnings Growth vs Target Cash Flows For personal use only Cash flows related to FY2009 FY2008 Higher revenue due to operating activities $M $M more settlements in second half of year – Receipts from customers 119.3 78.3 Melbourne projects Interest received 0.8 0.1 Increased bank facil
Slide 3: Project Life - Perth Residential
8/24/2009 Project Life - Perth Residential – Built Form FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 For personal use only Rivergums Cambridge Waters Mariners Cove Mandurah Country Club Kestrels Waterline (including stage 2) Helena Valley The Jetty Port Mandurah (Sutton) For
Slide 4: Residential New Projects and Williams Landing
8/24/2009 Residential New Projects For personal use only 16km drive from Perth CBD New Projects Project Life - Melbourne FY2009 FY2010 FY2011 FY2012 FY2013 FY2104 FY2015 FY2016 FY2017 FY2018 Carlingford Williams Landing Banbury Village 20km south east of Perth CBD Melbourne Projects Williams Landing
Slide 5: Melbourne Projects: Carlingford
8/24/2009 Melbourne Projects Melbourne Projects For personal use only Melbourne Projects Carlingford Over 200 lots sold Veryy strongg local demand Metro market relocation to northern boundary Melbourne Projects Melbourne Projects 5
Slide 6: Banbury Village, Current Environment and Strategies
8/24/2009 Melbourne Projects Banbury Village For personal use only 300 dwellings – mixture of terraces, p detached houses and apartments Successive stages sold out Off the plan auction demonstrates demand Prices from $425,000 – $800,000 Melbourne Projects Current Environment Confidence rec
Slide 7: Market Conditions and Company Outlook
8/24/2009 Market Conditions Company Outlook For personal use only Victoria Significant pre sales in place for FY2010 sound fundamentals Strong demand in Melbourne strong first and second home buyer sales population growth/lack of rentals Ample bank funding available prices recovering
Cedar Woods Properties — FY2009 Earnings Presentation on 6ix