Codan Limited · ASX:CDA

Codan — H1 FY2006 Earnings Presentation

27 slides from Codan's earnings presentation, Feb 24, 2006

  1. Slide 1: Investor Presentations

    investor Presentations Melbourne "Stamford

  2. Slide 2: Codan Limited Investor Presentation - Half-Year Results to 31 December 2005

    Codan Limited . -sf¥ Investor Presentation - Half-Year Results to 31 December 2005 27 & 28% February, 1 March 2006 . _ ag Managing Director so a a

  3. Slide 3: Contents

    Contents

  4. Slide 4: Serving global markets

    Serving global markets ly com products Listed in November 2003 Actual HY 06 Revenue $56.6 Track eh, ofg wth Opportunities for future acquisition |

  5. Slide 5: Operations

    Operations . Design, manufacture and market out ‘ - Design and manufacturing in Adele Melbourne _ Sales and Customer Services 0 a Chile and india

  6. Slide 6: be o os te Be

    be o os 8 te Be

  7. Slide 7: Product

    Product

  8. Slide 8: Products

    Products lonosphere 20.300 km abovevearth Earth Long range communications © - 5000 kms

  9. Slide 9: Products

    Products HF Radio we Radio transceivers, modems i ; and accessories for land ii | Loo vehicle installed, base station : : and backpack applications Ce nn

  10. Slide 10: Codan New Manpack HF Radio

  11. Slide 11: Products

    Products C and Ku Band Satellite Transceivers, Block Up Converters and solid state high power amplifiers for satellite communications earth stations 36,000 km

  12. Slide 12: Codan New Release Satcom Product Family

    Codan New Release Satcom Product Family cn dan Ku Band Transceiver pene Codan Ku-Band iii ff / BUC

  13. Slide 13: Products

    Products inital Microwave Radio Digital Microwave Radio (DMR) links for terrestrial communications including cellular telephone networks

  14. Slide 14: Codan 8800 — Indoor Unit

    Codan 8800 — Indoor Unit

  15. Slide 15: Codan Broadcast

    CODAN BROADCAST : distribut jon and m nitoring of oe and analogue,

  16. Slide 16: Codan Broadcast PROVIDEO modular interface products

    CODAN BROADCAST PROVIDEO modular terface products

  17. Slide 17: Customer types

    Customer types Many government organisations developing worlds Law enforcement and emer Aid and humanitarian (NG UN oe

  18. Slide 18: Financial Results First Half FY06 Months Ended December

    Financial Results First Half FY06 6 Months Ended 31 December Revenue Communications Products Other Total Revenue - ee EBIT Interest

  19. Slide 19: Financial Results First Half FY06: Principal Impacts to Profit and Loss

    Financial Results First Half FY0G Principal Impacts to Profit and Los We IL

  20. Slide 20: Financial Results First Half FY06

    Financial Results First Half FYos §« CODAN

  21. Slide 21: Financial Results First Half FY06: Interim Dividend

    Financial Results First lla : = interim Dividend Earnings per ordinary share (cents) (on issued capital at 31 December 2005 fully diluted) — interim dividend (cents) per ordinary share Franking Recorddate —=«20 March 2006 Payment date wg Fri 0

  22. Slide 22: Balance sheet December 2005 and June 2005

    Deg 2005 June 2005 om. $m CURRENT ASSETS Cash Receivables Inventories Other NON-CURRENT ASSETS Investments Property, Plant & Equipment Product Devt Intangible Assets Other TOTAL Assets

  23. Slide 23: Summary of Key Issues

    ‘Summary of Key Issues | Impact of exchange rate Capital expenditure progr finished

  24. Slide 24: Outlook

    Outlook Environment ult to

  25. Slide 25: Outlook — Key Business Factors

    Outlook — Key Business Factors Direct cost re | improve m i

  26. Slide 26: Outlook — Second Half

    Outlook — Second Half providing a good platform: ic and profit.

  27. Slide 27: ll a ca = ==

    ll a ca = ==

Codan — H1 FY2006 Earnings Presentation on 6ix