K & S Corporation Limited · ASX:KSC

K & S — Investor Presentation (September 2005)

12 slides from K & S's investor presentation, September 2005

  1. Slide 1: Investor Presentation September 2005

    Investor Presentation September 2005

  2. Slide 2: Highlights 2005

    Highlights 2005 • Record Profit • Strong growth in Operating Revenues • NZ Operation Powers Ahead • Increased Payout to Shareholders

  3. Slide 3: Earnings

    Earnings Profit After Tax  63.7% To $19.9m EBIT  53.5% To $31.4m EBITDA  34.6% To $45.9m Operating Revenue  15.2% To $340.8m

  4. Slide 4: Geographical Earnings

    Geographical Earnings Aust NZ Total Total $AM Operations Operations 2005 2004 Total Revenue 326.2 27.3 353.5 300.3 EBIT 28.8 2.6 31.4 20.4 Interest 2.0 0.9 2.9 2.8 Tax 7.9 0.6 8.5 5.5 NPAT 18.9 1.0 19.9 12.1

  5. Slide 5: Operating Revenue

    Operating Revenue $M 350 325 300 275 250 341 225 296 293 267 200 224 175 150 2001 2002 2003 2004 2005

  6. Slide 6: Operating Revenue Growth

    Operating Revenue Growth Existing Customers  $23.0m New Contracts  $11.3m NZ Operations  $10.8m $45.1m

  7. Slide 7: EBIT

    EBIT EBIT increased by 53.5% to $31.4m Components of the EBIT  Brisbane Property Sale $ 0.5m Building Revaluation $ 0.8m Legal Settlements $ 6.0m Operations $ 3.6m Total $10.9m

  8. Slide 8: Balance Sheet

    Balance Sheet 2004 2005 % Net Borrowings $m 34.7 32.0 7.7 Shareholder Funds $m 66.0 84.9 28.7 Total Assets $m 154.5 184.0 19.1 NTA $ 0.95 1.26 32.6 Return on Shareholders % 18.4 23.5 27.2 Funds Gearing % 60.6 42.3 30.2

  9. Slide 9: Dividends

    Dividends ce nts 14.0 12.0 10.0 8.0 13.5 6.0 11.0 4.0 8.0 6.5 5.75 2.0 0.0 2001 2002 2003 2004 2005 Dividend for Year  22.7% to 13.5 c

  10. Slide 10: Focus

    Focus • The bulk of customer contracts are secure until 2007. • Move to the new Laverton terminal in March 06. • Finalise sale of existing Melbourne terminal. • We continue to maximise Shareholder value. • We see growth in revenues in both New Zealand and Australia.

  11. Slide 11: Outlook

    Outlook • Economy in Australia and New Zealand appear strong. • Interest rates are stable. • Oil prices are extremely high and uncertain. • Expect another good result in 2006.

  12. Slide 12: Slide 12

K & S — Investor Presentation (September 2005) on 6ix