BKI Investment Co. Ltd. · ASX:BKI
BKI Investment — Brickworks Investment Company — Shareholder Meeting (October 2005)
23 slides from BKI Investment's shareholder meeting presentation, Oct 6, 2005
Slide 1: ASX cover letter for AGM presentation
ABN: 23 106 719 868 Level 2,160 Pitt Street Sydney NSW 2000 Ph. (02} 9210-7000 Fax. (02) 9210-7099 6" October 2005 The Manager Company Announcements Australian Stock Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 Dear Sirs Re: Annual General Meeting to be held at 11.00 am on 6" Oc
Slide 2: Chairman's Address
CHAIRMAN’S ADDRESS Brickworks Investment Company - Annual General Meeting Thursday 6 October 2005 Dear Shareholders, Shareholders will have received the 2005 Annual Report of Brickworks Investment Company Limited and | note that in my Chairman's Report of 3rd August 2005, we set out the Profit, Earn
Slide 3: 2005 Annual General Meeting
INVESTMENT COMPANY LIMITED aa Set ek ae Aas Pe Cera IP ia 9, ne ig ee Be ie ced 2005 Annual General Meeting Robert Millner, Chairman
Slide 4: Chairman's Address
INVESTMENT COMPANY LIMITE as " Sa BE ume ee ae Annual General Meeting Chairman’s Address Robert Millner, Chairman
Slide 5: Chairman's Address: Consolidated Profit
BRICKWORKS Chairman’s Address The consolidated profit of the economic entity after providing for income tax and eliminating outside equity interests amounted to $10,473,587 (2004: $3,589,908). The strong performance result achieved by the Company was also a feature of the S&P/ASX 200 index, which al
Slide 6: Net Operating Profit
: BRICKWORKS Chairman’s Address Net Operating Profit Net operating profit Source: Souls Funds Management * For the period since listing on the 12th December 2003.
Slide 7: Earnings Per Share
BRICKWORKS Chairman’s Address ] Earnings Per Share Basic Earnings Per Share 171% Source: Souls Funds Management * For the period since listing on the 12th December 2003.
Slide 8: Dividends Paid
Chairman’s Address Dividend paid 28-02-2005 100 2.1 Dividend paid 31-08-2005 100 2.2 Total Dividends paid 43 Source: Souls Funds Management
Slide 9: Net Tangible Asset Backing (NTA)
: BRICKWORKS Chairman’s Address Net Tangible Asset Backing (NTA) NTA per share before tax NTA per share after tax Source: Souls Funds Management
Slide 10: Dividends Received
RICKWORKS Chairman’s Address Dividends Received as Source: Souls Funds Management * For the period since listing on the 12th December 2003.
Slide 11: Total Portfolio Valuation
: BRICKWORKS Chairman’s Address Total Portfolio Valuation Se —SE——eeDSS OS Source: Souls Funds Management
Slide 12: Major Purchases During the Year
: BRICKWORKS Chairman’s Address During the year there was a net investment by the Company of $4.22m, represented by purchases of $12.87m and sales of $8.65m. Major purchases during the year included: BHP Billiton Qantas Airways Australian Gas Light Insurance Australia Group Wesfarmers Rural Press (P
Slide 13: Major Sales During the Year
RICKWORKS Chairman’s Address Major sales during the year included; Alesco Corporation WMC Resources Paperlinx Spotless Group
Slide 14: Takeover of Pacific Strategic Investments
BRICKWORKS Chairman’s Address Takeover of Pacific Strategic Investments (“PSI”). During the year the Company undertook an off-market takeover of PSI. The offer closed in November 2004 with the Company acquiring 81.42% of PSI. Since November BKI has acquired a further 17.74% and now holds 99.16% of P
Slide 15: September Quarter Update
INVESTMENT COMPANY LIMITE ME teats sii si. ig cee See Sst BORE Base Besa te Mane ih sa ‘cbs Baise 2005: Annual General Meeting September Quarter Update Robert Millner, Chairman
Slide 16: September Quarter Update: Outlook
BRICKWORKS September Quarter Update The outlook for calendar 2005 and beyond continues to be encouraging. Strong results from the current profit reporting season gives the Directors confidence in the outlook for the current financial year. In addition, the Company is in a strong financial position w
Slide 17: Net Tangible Asset Backing (NTA)
: BRICKWORKS September Quarter Update Net Tangible Asset Backing (NTA) ESE —_—_$—$<<—<—_— ooo NTA per share after tax 1.253 1.065 18% Source: Souls Funds Management
Slide 18: Dividend Income
: BRICKWORKS September Quarter Update Dividend Income Dividends Received (inc Special Dividends) Source: Souls Funds Management
Slide 19: Top Ten Investments
RICKWORKS September Quarter Update Top Ten Investments 4 NAB National Australia Bank 52,010,455 23.38% 2 CBA Commonwealth Bank 25,313,112 11.38% 3 NHC New Hope Corporation 22,215,514 9.98% 4 BHP BHP Billiton 16,327,851 7.34% 5 SGB St George Bank (2,487,748 5.61% 6 MBL Macquarie Bank 8,265,368 3.71%
Slide 20: Highlights from Recent Reporting Season
BRICKWORKS September Quarter Update Highlights from recent reporting season 4st July - 30th September fi 30 2 ‘Bept | MBL Macquarie Bank 52% 67% 4% 40 113.00% 128.91% NHC New Hope Corporation 21% 679% 100% 13 22.92% 75.54% SUN Suncorp-Metway Lid 17% 33% 13% 7 39.44% 162.90% BSL Bluescope sieel 38% 7
Slide 21: Share Price Total Return (Including Dividends)
BRICKWORKS September Quarter Update Share Price Total Return (Including Dividends) a Brickworks investment Company 27.58% 29.60% Source: Souls Funds Management * For the period since listing on the 12th December 2003.
Slide 22: Share Price Chart
RICKWORKS September Quarter Update Share Price Chart ——BELASH:
Slide 23: Questions
INVESTMENT COMPANY LIMITED Questions Brickworks Investment Company Limited Level 2, 160 Pitt Street Mall Sydney NSW 2000 Ph. (02) 9210-7000 Fax. (02) 9210-7099
Brickworks Investment Company — Shareholder Meeting (October 2005) on 6ix