Slide 1: Annual General Meeting – Joyce Corporation Ltd
For personal use only Annual General Meeting – Joyce Corporation Ltd 22‐11‐2012 Anthony Mankarios Executive Director Presentation
Slide 2: Joyce Corporation's History: 5-Year Trading Results
Joyce Corporation’s ( JYC) History 5 ‐Year trading Results For personal use only Joyce 5 year Profit history 5000 3000 2012‐ Basic Earnings Per share 1000 12.6 cents. ( weighted average 2008 2009 2010 2011 2012 ‐1000 shares.) ‐3000 ‐5000 ‐7000 ‐9000 Growth each year after 2010 ‐$3.728M Provision for
Slide 3: Joyce Corporation's Shareholder Equity
Joyce Corporation’s Shareholder Equity For personal use only Joyce Corporation Ltd Shareholder equity $000's 25000 20000 2012 ‐ Net Assets per share 0.81 cents 15000 Joyce Corporation Ltd Shareholder equity $000's 10000 5000 0 2010 2011 2012 Consistent Growth over last 2 ‐years
Slide 4: Dividend Payments
Joyce Corporation Ltd – “JYC” DIVIDEND PAYMENTS For personal use only JYC 2010 2011 2012 DIVIDEND 2 2 2 Cents Per share • Unfranked Consistent Dividend payments A 0.65 cents per share, unfranked Dividend to be paid Feb 2013.
Slide 5: Indpac Ltd Property Highlights
Joyce Indpac Ltd Property Highlights For personal use only • Located in Moorebank Sydney’s southwest premier industrial locations. • Located off busy M5 on/off Toll‐way ramp. • Located near planned $300 Million Inter‐modal Developments ( due to start 2014.) • Located near Georges River and Busy City
Slide 6: 2012 Snapshot Results
Joyce Corp 2012‐ snapshot results For personal use only Net Earnings after tax #039;000's Bedshed Franchising ( BSF) 1646 DTA ( BSF) 1,066 Property (including Re‐valuation) 2,487 Rent. 793 Interest ‐711 Corporate Stores including Discountinuing Stores ‐565 Provision ( stores exit) ‐950 Joyce Corporate
Slide 7: Benefits of Property
Benefits of Property For personal use only • Continuing capital appreciation forecast for this site over next 3 years given sub‐economic rent and lifts in land demand due to development in area. • Decision to review annually inline with capital appreciation. • Over‐time Joyce will seek to divest and
Slide 8: Bedshed Franchising Highlights
Bedshed Franchising Highlights For personal use only • Year on year consistent, divisional profitable earnings growth & meets internal KPI’s. • Reputable National Franchise. • Plans to focus on Franchisee store and future network growth. • Plans to set highest standard in shopping experience‐ evolut
Slide 9: Franchise Relationship Institute National Survey 2012 Highlights
Independent “ Franchise Relationship Institute” (FRI) ‐National Survey 2012‐ Highlights For personal use only Bedshed Franchisees‐ compared with over 10,000 Franchise Businesses. •Highest rating for Financial Satisfaction of any Franchisees surveyed this year. •74% of Bedshed Franchisees surveyed wo
Slide 10: Bedshed Company Stores Highlights
Bedshed Company stores (COS)‐highlights For personal use only • Company owned regional stores have incurred aggregate losses to date. • Metro‐ stores in general are highly profitable, some less than optimum regional locations set by previous management adversely affecting results. • Whilst Year on y
Slide 11: Joyce Corporation – JYC
Joyce Corporation‐ JYC For personal use only • JYC is a reputable 126 year‐ old company listed on the ASX. • It has past Intellectual Property and foundations in Furniture, Manufacturing and Distribution. • Synergies with Head Office and Corporate costs can be gained by plans to expand with addition
Slide 12: Exciting New 2013 Evolution Fit-outs
Exciting New 2013‐Evolution Fit‐outs For personal use only September 2012‐ Start Date for new store fit‐outs: showcases ultimate customer experience.
Slide 13: Disclaimer
Disclaimer For personal use only • While the information in this presentation is presented in good faith, neither the Company, any shareholders, directors, officers, agents, employees or advisers give any representations, or warranties ( expressed or implied) as to the accuracy, reliability or compl