Ramsay Health Care Limited · ASX:RHC
Ramsay Health Care — UBS Healthcare Conference 2003
11 slides from Ramsay Health Care's conference presentation, Oct 28, 2003
Slide 1: UBS Healthcare Conference - October 2003
ne ms RAMSAY HEALTH CARE UBS Healthcare Conference - October 2003 Pat Grier (Managing Director)
Slide 2: Highlights FY 2003
Highlights FY 2003 Net profit up 19%, building on record profit growth of previous 2 years Group EBIT growth up 14% (11% excluding acquisitions) » Expansion program accounted for 6% EBIT growth » Organic growth accounted for 5% EBIT growth Strong result underlines strength and importance of Ramsay’s
Slide 3: Financial Performance FY 2003
naneay Financial Performance FY 2003 HEALTH CARE Year Ended 30 June 2002 2003 EBITDA 43.6 53.5 Profit before tax EPS (cents/share) 24.5¢ 28.9¢
Slide 4: DVA Contract
nae say DVA Contract ALYH CARE » Ramsay Health Care will continue to have a contract with DVA for services to veterans at Greenslopes and Hollywood post-2006 » Facilitates the continuation of vital service to veterans » Greenslopes and Hollywood will continue as major providers of hospital services
Slide 5: Response to Industry Issues
nAB ay Response to Industry Issues HEALTH CARE a» Health Fund negotiations » Ramsay's positive relationships » Aim to cover cost increases » Medical Indemnity » Ramsay’s excellent risk management record in keeping down claims and premiums >» Ramsay is leading the way in hospital related tort law ref
Slide 6: Strategy
RAMSAY Strategy HEALTH CARE 1. Organic Growth: > Continuing to focus on the management of our existing hospitals (5% EBIT growth in F Y 2003) > Ongoing focus on strategies to manage higher costs while continuing to grow the business 2. Investment in existing facilities: > Brownfield developments acc
Slide 7: Mayne Hospital Bid
RAMSAY LTH ¢ Mayne Hospital Bid a Consortium bid unsuccessful a Final acquisition terms did not meet Ramsay investment parameters >» Careful to ensure existing business not adversely affected a» Unprepared to extend offer to cover the uncapped risk exposure in relation to past liabilities, particula
Slide 8: Future Directions
Future Directions Management still pursuing growth strategy Potential for growth through brownfield development Opportunities in not-for-profit sector Commitment to aged care remains, management has been pursuing strategy in parallel with bidding for Mayne hospitals
Slide 9: FY 2004 on Track
FY 2004 on Track a» Health Fund negotiations successfully completed for 75% of the market a First Quarter FY 2004 core profit in line with targeted net profit growth in the region of 10%
Slide 10: Outlook and Guidance
ALYH CARE naneay Outlook and Guidance Strategic position of RHC hospitals expected to keep demand strong against a slight industry softening Focus on cost containment and growing business Expansion program benefits continue to contribute to earnings - Greenslopes, Lake Macquarie Remain is a strong p
Slide 11: Questions
ne ms RAMSAY HEALTH CARE Questions