Euroz Hartleys Group Limited · ASX:EZL
Euroz Hartleys — Euroz — Investor Presentation (August 2007)
14 slides from Euroz Hartleys's investor presentation, Aug 9, 2007
Slide 1: EGM Investor Presentation
EGM Investor Presentation For personal use only August 2007
Slide 2: Group Structure
Group Structure For personal use only Euroz Limited is a Western Australian focused specialist financial services company with a consistent track record of strong shareholder returns 2
Slide 3: Financial Year Highlights
Financial Year Highlights For personal use only Record profitability (NPAT) 32% Record Dividend (DPS) 43% NTA $89m* 100% $5 billion in ASX turnover 22% Raised over $780 million in new capital 30% Westoz Investment Company (FUM $150m) performance of 85% since inception** * Post placement
Slide 4: Capital Structure
Capital Structure For personal use only Shares on issue 64,000,000 Market Cap @$4.25 $272m *NTA (investments at market/post tax/ex div) $1.39/share ($89m) LISTING CODE: EZL * Post placement 4
Slide 5: Profit History
Profit History For personal use only 1H PBT 2H PBT NPAT 35.0 30.0 25.0 20.0 $m 15.0 10.0 5.0 0.0 FY'01 FY'02 FY'03 FY'04 FY'05 FY'06 FY'07 Year End Record Profitability in 2006/07 - Total NPAT of $57m generated in 7 years 5
Slide 6: Dividend and Earnings History
Dividend and Earnings History For personal use only 1H Dividend per Share 2H Dividend per Share Earnings Per Share 50.0 45.0 40.0 35.0 30.0 $m 25.0 20.0 15.0 10.0 5.0 0.0 FY'01 FY'02 FY'03 FY'04 FY'05 FY'06 FY'07 Year End Paid $44.6m in fully franked dividends in 7 years 6
Slide 7: Employee Profitability
Employee Profitability For personal use only Net profit per Number of staff staff member $500,000 60 $450,000 50 $400,000 $350,000 40 Net p ro fit p er em p lo yee Nu m b er o f E m p lo yees $300,000 $250,000 30 $200,000 20 $150,000 $100,000 10 $50,000 $0 0 2001 2002 2003 2004 2005 2006 2007 Year R
Slide 8: Euroz Securities Limited - Capital Raised
Euroz Securities Limited For personal use only - Capital Raised Capital Raised Thomson Credit $900 (m) $780 $800 $606 $700 $564 $600 547 $500 $350 $448 $400 $300 $269 $143 $119 $295 $200 $54 $100 $44 $77 $45 $0 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 Strong deal flow remains a key driver fo
Slide 9: Euroz Securities Limited - Capital Raised
Euroz Securities Limited - Capital Raised For personal use only Beach Petroleum Mineral Deposits Herald Resources placements/ right issue placements placement $457 million $243.75 million $126 million A major provider of new equity Lead Manager Co-Manager Joint Lead Manager capital in the WA Capit
Slide 10: Westoz Funds Management
Westoz Funds Management For personal use only A significant long term growth initiative for Euroz Limited Excellent 2 year returns for Westoz Investment Company (WIC) Future products to drive additional growth “The WA Investment Specialist” - A Major Growth Opportunity 10
Slide 11: Westoz Investment Company Maiden Highlights
Westoz Investment Company For personal use only Maiden Highlights FUM now $150m (up from $92m 30/06/06) 44% gross returns for the 06/07 year Declared final dividend of 5 cents per share (fully franked) Euroz Limited owns 10.4% at a cost of $10.9m (Market Value $14.6 million) Approximately
Slide 12: Westoz Investment Company Historical Data
Westoz Investment Company For personal use only Historical Data Funds Under Management WIC Performance - Up 88% since inception 160.0 100% 140.0 90% FUM increased by 120.0 55% since 30 June 80% 2006 70% 100.0 60% $ mil 80.0 50% 60.0 40% 30% 40.0 20% 20.0 10% 0.0 0% Jun- Sep Dec Mar Jun- Sep Dec Mar
Slide 13: Industry Trends/Outlook
Industry Trends/Outlook For personal use only Superannuation driven liquidity to continue Merger and Acquisition/Private Equity activity to become more discerning Slowing US economy/credit market risks = more realistic valuations and expectations WA economy to continue to outperform but at a slower
Slide 14: Investment Summary
Investment Summary For personal use only Market Capitalisation increased to $272m Strong Balance Sheet - $89m cash/investments* Consistent track record of profits Fully franked dividends of $44.6m paid Euroz Securities deal flow and market shares a key driver for the Group Westoz Funds M