Credit Corp Group Limited · ASX:CCP
Credit — Shareholder Meeting (November 2006)
11 slides from Credit's shareholder meeting presentation, Nov 14, 2006
Slide 1: Credit Corp Group: 2006 Annual General Meeting
Credit Coro Group: 2006 Annual General Meeting Presentation by Geoff Lucas, Managing Direcior — Credit Corp Group
Slide 2: Our Business
Our Business * Genesis as Debt Purchase Company « Asset based philosophy * Predominantly organic growth + Carefully executed and small acquisitions * Purchase of consumer debt + Credit cards and personal loans, with capability for other asset classes * Purchased from major Australian and Internation
Slide 3: Why is Credit Corp Different?
Why is Credit Corp Different? * Background as debt purchase company * Management philosophy of investment up front for sustainable long term return * Commitment to relationships with banks * Investment in people and culture * Technology and innovation « Lower cost base, higher productivity * Superio
Slide 4: FY06 Financial Overview
FY06 Financial Overview Revenue ERTDA Net Profit EPS Divishare Return on Equity Cumulative 1SR investment in debt ledgers $93.4m, vs $33.4m in previous year Revenue & Profit Totat Shareholder Return since listing S mito 208 *e $6.08 $87 ssa7 $056 $06 $2.55 $2.05 $258 $208 $180 sia som soa vat Frez F
Slide 5: Business Highlights - 2006
Business Highlights - 2006 Substantial increase in asset base, earnings and scale of operations Consolidated market leadership in quality purchasing Successful geographic expansion « Smooth integration of Magellan (Brisbane) and Pioneer (Perth) « New Parramatta office Strengthened executive manageme
Slide 6: Structure
Structure Board of Directors Geoff Lucas Managing Director Caroline Daniel Chiet Financial Officer Head of Risk and Compliance Compliance Risk Management Complaint Management Company Secretariat Quality Assurance Financial Controller Recruitment ane Induction m Learning & Development Administration
Slide 7: Our Market
Our Market * 2006 has seen beginnings of industry consolidation * High barriers to successful entry * Pricing sophistication * Extraction of efficient and sustainable return * Strong Growth ahead for CCP « Underlying credit growth of 10%- 12% ¢ Structural shift by banks to « Outsourcing - Debt sale
Slide 8: The collections industry has a very positive outlook
The collections industry has a very positive outlook 800 @ “ep ASbn # Housing debt 4 Other personal debt 700 600 ca *CAGR 400 00 *CAGR 6 soo. 15.2% we 00 poy, Ce OS wo eo TE ‘O77 7B B79 BS Gi HS2 O82 1984 WES WSS GAT BES G89 1990 O9i B92 BOF 194 BOS BOE I BSS 899 2000 2001 2002 2003 20 205 , oni rec
Slide 9: Favourable Macro Climate
Favourable Macro Climate * Continued growth in consumer credit * RBA tightening stance, likely increase in supply volume * Fiscal policy supporting recoverability Economic impacts on Australian consumer Jan'06 to Nov'06 Household Morigage (5-10% of Portiolic) Rent (00-85% of Portfolic) Income Fiscal
Slide 10: Business Outlook
Business Outlook ° Guidance * FY07 Ledger investments of $90-100m * FY 07 NPAT $18-19m * FY 07 EPS Growth ~25% * Underpinned by management team: * Continuing to invest in sustainable market leadership * Continuing disciplined business practices ¢ Deepening business partner relationships * Continuing
Slide 11: Credit Corp Group: 2006 Annual General Meeting
Credit Coro Group: 2006 Annual General Meeting Presentation by Geoff Lucas, Managing Direcior — Credit Corp Group
Credit Corp Group — Shareholder Meeting (November 2006) on 6ix