Slide 1: Half Year Results December 2004
Credit Corp Group December 2004 Half Year Results Simon Calleia - Managing Director Geoffrey Lucas — Finance & Commercial Director
Slide 2: Welcome, Executive Presentation, Questions, Closure
1. Welcome 2. Executive Presentation 3. Questions 4. Closure Credit Corp Group
Slide 3: Financial Summary First Half 2005
Financial Summary First Half 2005 Key Achievements — Financial / Operational Key Achievements — Our people The 2005 Year Ahead Credit Corp Group
Slide 4: Financial Performance
25,000,000 20,000,000 4 45,000,000 4 40,000,000 + §,000,000 + Financial Performance Dec-01 Revenue EBITDA NPAT EPS Jun-02 December 2004 $24.1 Million $15.9 Million $3.91 Million Dec-02 40.3 Cents Jun-03 Period Dec-08 Jun-04 Dec-04 PCP Last Half 7 110% + 48% T 151% + 56% t 66% + 30% + 53% + 26% 6.00
Slide 5: Operations H1 2004 H2 2004 H1 2005
Operations H1 2004 H2 2004 H1 2005 What We Received 11.5M 16.0M 23.8M Paid to Suppliers & Employees (4.9M) (5.7M) (7.7M) Borrowing Costs (0.1M) 0.7M (0.8M) Tax Paid (0.9M) (1.2M) (2.0M)} Investing Ledger Purchases (11.9M)} (18.7M) (15.2M) Other (0.2M) (0.4M) (0.4M) Financing Equity Issues 2.9M 0.1M
Slide 6: December 2004 balance sheet
ember 2004 Investments 39,980, 443 34,394,725 Intangible Assets 4,655,718 4,611,092 Other Non Current Assets 1,091,469 957,467 Payables Under Contract of Sale 2,243,358 2,609,045 72,443 12 Credit Corp Group
Slide 7: Divisional Half Year Revenue
$25,000,000 $20,000,000 4 $15,000,000 4 $10,000,000 4 $5,000,000 + $0 Divisional Half Year Revenue Dec-02 Jun-03 Dec-03 Jun-04 Dec-04 [—Dept Purchase === Mercantile «/-~ Process Serving ] Substantial increase in volume and quality of ledger purchasing Increasing profile in high volume agency busines
Slide 8: Divisional Half Year Pre Tax Earnings
$6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Divisional Half Year Pre Tax Earnings ain Dec-01 Jun-02 Dec-02 Jun-03 Dec-03 [_—Debt Purchase == Mercantile wm Process Serving | Continued growth expected in core business Focus on building high quality agency business Scale effici
Slide 9: Key Achievements — Financial / Operational
» Ledger Investment - $15 Million » Continued progress in Mercantile Business « Acquisition of Process Serving Business - Wise & McGrath » Expenditure Efficiencies — Following Cost to Revenue Ratios Credit Corp Group
Slide 10: Cost - Revenue Ratio
Cost - Revenue Ratio ee nae Pant Depreciation / Amortisation Employee Costs Collections Expenses Office / Facilities Borrowina Casts Other Expenses Credit Corp Group
Slide 11: Key Achievements — Our People
« Development of Behaviour Assessment Modeling Recruitment Strategy » Quality driven labour force growth « Centralised workflow and maximising efficiencies » Re engineered performance programs - in depth KPI and KRA focus « Investment in People - Employer of Choice Credit Corp Group
Slide 12: Corporate headcount
Corporate Management Administration Legal Mercantile Debt Purchase Process Service TOTAL 2004 H1 2005 2 2 7 9 9 12 3 ) 30 33 39 62 15 24 105 147 | Credit Corp Group
Slide 13: 2005 Financial Year Objectives
2005 Financial Year Objectives » Delivery of growth targets = Further infrastructure investment — people, information technology, premises » Bedding down business positioning for next growth stage = Maintenance and Expansion of Key Relationships redit Corp Group
Slide 14: Vision statement
Fo! to be Recognised as bei the in the Business and for ou De f -of those whom we deal with. Credit Corp Group
Slide 15: Prudent, managed growth
Prudent, managed growth, capitalising on competitive advantages through specialised skill sets, our people and strengthened financial capability. PEE credit Corp Group