Cog Financial Services Limited · ASX:COG
Cog Financial Services — Consolidated Operations Group — Shareholder Meeting (November 2020)
15 slides from Cog Financial Services's shareholder meeting presentation, Nov 16, 2020
Slide 1: Annual General Meeting – Chair Presentation (Updated)
16 November 2020 For personal use only The Manager – Listings Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 Annual General Meeting – Chair Presentation (Updated) Consolidated Operations Group Limited (COG) attaches an updated CEO Presentation. The change mad
Slide 2: Group CEO's 2020 AGM Presentation
For personal use only Group CEO’s 2020 AGM Presentation Group CEO – Andrew Bennett 13 NOV 2020
Slide 3: Overview
For personal use only Overview 01
Slide 4: COG Is Australia's Biggest Asset Finance Broking Group
COG Is Australia’s Biggest Asset Finance Broking Group Page 3 For personal use only Australia’s biggest asset finance broker and aggregator and trusted leader in SME and auto finance Westlawn Finance Ltd (51% owned) Banks, Non-Banks, Debentures and Managed Investment Schemes Insurance Companies FINA
Slide 5: COG Group Structure
COG Group Structure Page 4 For personal use only COG has acquired full ownership or majority stakes in a number of asset finance broking businesses over the last 4 ½ half year. Group structure diagram including key subsidiaries COG1 66% 100% 100% 50% 57% 100% 51% 100% 33% Platform CFG Centrepoint Li
Slide 6: Asset Finance Broking Overview
For personal use only 02 Asset Finance Broking Overview
Slide 7: A Strong Proprietary Platform
A Strong Proprietary Platform Page 6 For personal use only COG has developed its own proprietary software system to assist asset finance brokers: COG’s proprietary system has been built with the Manage their clients latest technology ensuring its foundational build was developed to allow for future
Slide 8: COG Exposed to the coming Infrastructure COVID Stimulus
COG Exposed to the coming Infrastructure COVID Stimulus Page 7 For personal use only Major Transport Infrastructure Projects in Australia 18 Infrastructure spend to increase due Federal Government to COVID-19 stimulus spending increase 16 from COVID-19 (excluding State government 14 projects) 12 10
Slide 9: National Asset Finance Broking Network - Broker Footprint
National Asset Finance Broking Network - Broker Footprint Page 8 For personal use only QLD NT 32 equity brokers 8 equity 992 aggregation brokers 13 aggregation brokers WA 6 equity brokers 373 aggregation brokers SA 8 equity brokers 300 aggregation brokers NSW & ACT 21 equity brokers 1,514 aggregatio
Slide 10: COG is Australia's Largest Asset Finance Broking Group
COG is Australia’s Largest Asset Finance Broking Group Page 9 For personal use only Estimated 17% market share of broker intermediated finance SMALL MEDIUM ENTERPRISES BANKS / NON-BANKS (SMES) • Asset/equipment/auto finance • Insurance • Invoice financing • Unsecured lending INSURANCE COMPANIES • Se
Slide 11: Broker Services and Group NAF
Broker Services and Group NAF Page 10 For personal use only Australia’s largest asset finance broking and aggregation group Aggregation & Broker Brands COG PROVIDES AGGREGATION COG OFFERS FINANCE BROKERS SERVICES TO: • Access to wider panel of financiers and volume- 100% • Independent network member
Slide 12: Commercial Equipment Finance
For personal use only 03 Commercial Equipment Finance
Slide 13: COG's CEF Segment has Evolved
COG’s CEF Segment has Evolved Page 12 For personal use only Old Model • COG borrowed from Westlawn and others, added a margin and on lent funds • Duplication of credit and servicing functions – inefficient BROKERS COG WESTLAWN New Model Consequence Less risk, more efficient but the New Model carryin
Slide 14: What are debentures and Managed Investment Schemes
What are debentures and Managed Investment Schemes Page 13 For personal use only Credit enhancement (or loss absorbing capital) is Debentures to retail investors are regulated by ASIC Managed Investment Schemes are also provided to investors by reserving a portion of the (not APRA), have a quasi reg
Slide 15: Outlook: Commercial Equipment Finance
Outlook: Commercial Equipment Finance Page 14 For personal use only RISKS ORIGINATIONS CAPITAL ROE LEVELS Trend lower as funding To increase as the Sufficient to significantly To increase, off lower model transitions to economy recovers grow originations because relative capital Managed Investment f
Consolidated Operations Group — Shareholder Meeting (November 2020) on 6ix