Eureka Group Holdings Limited · ASX:EGH
Eureka — Shareholder Meeting (November 2014)
15 slides from Eureka's shareholder meeting presentation, Nov 24, 2014
Slide 1: Eureka Group Holdings Limited AGM Presentation
For personal use only Eureka Group Holdings Limited AGM Presentation 24 November 2014
Slide 2: Overview
Overview For personal use only Eureka Group Holdings Limited (“Eureka”) is an ASX listed company (ASX: EGH) focused on the following: 1) Providing quality and affordable rental accommodation for seniors and disability pensioners in a friendly, safe and well managed environment. 2) All communities ow
Slide 3: Recent Activity Timeline
Recent Activity| Timeline For personal use only D e cember 2013 A p ril 2014 J u ly 2014 Oc t ober 2014 Acquisition of 14% interest in Easy Living Trust and 10% Completed acquisition of Cascade Gardens Completed acquisition of Cascade Gardens Completed acquisition of Easy Living Unit Trust and Easy
Slide 4: EBITDA Pro Forma Annualised Basis
EBITDA| Pro Forma Annualised Basis For personal use only The five villages (Mackay, Cairns, Wayford House, Avenell, Elizabeth Vale 2) acquired between April 2014 and January 2015 are expected to contribute an additional $2.46m - $2.73m to Eureka’s EBITDA on an annualised basis. 4 of 15
Slide 5: Pro Forma Balance Sheet and Income Statement
Pro Forma Balance Sheet and Income Statement For personal use only The pro forma balance sheet shows the increase in assets and liabilities from the village acquisitions, the internal / independent valuation of management rights, as well as the inclusion of 1-year pro forma NPAT for Eureka on an ann
Slide 6: Summary Forecast – months ending December 2014
Summary Forecast – 6 months ending 31 December 2014 For personal use only The table below is the summary forecast results for the 6 months ending 31 December 2014 compared with the results from the comparative 6 month period last financial year: 6 months ending 31 December 2014 Summary YTD Forecast
Slide 7: Rental Villages: About The Industry
Rental Villages| About The Industry For personal use only There are over 1,750 facilities catering for aged accommodation across Australia, with approximately 150,000 residents. Research has indicated satisfaction levels of approximately 95% with residents’ decision to reside in a village. Industry
Slide 8: Rental Villages: Standard Revenue Structures
Rental Villages| Standard Revenue Structures For personal use only The following diagram provides a comparison of the standard revenue model of the villages Eureka manage versus those that Eureka own based on overall average village pricing: 88 of of15 5
Slide 9: Potential Opportunities: Villages & Management Rights
Potential Opportunities| Villages & Management Rights For personal use only The Eureka operating model is refined to ensure the highest possible returns given the restraints of our resident’s pension based income. This demands strict cost management and the highest degree of administration efficienc
Slide 10: Potential Opportunities: Ethical Investment
Potential Opportunities| Ethical Investment For personal use only There is an expanding gap in the market as other service providers move their product up in market price and away from a rental option. They have lost sight of the ethical responsibility we have to the lower socio-economic sector of o
Slide 11: Our Model: Why Rental?
Our Model| Why Rental? For personal use only The table below is a comparison of the Eureka model against other models in the market from the perspective of a typical resident: Case Study 1 Use all their savings/superannuation of $300,000 to move into a DMF village. Deferred Lose on average 30% of th
Slide 12: Performance: Share Price & Liquidity
Performance| Share Price & Liquidity For personal use only The graphs below show the recent improvement in both share price and liquidity: 12 12of of15 5
Slide 13: Shareholders: Top 20
Shareholders| Top 20 For personal use only The table below is a snapshot of the top 20 shareholders as at 21 November 2014: Shares held on a Rank Nam e diluted basis % held 1 ROBIN LEVISON (THROUGH CONTROLLED ENTITIES) 12,304,608 9.66% 2 LACHLAN MCINTOSH (THROUGH CONTROLLED ENTITIES) 12,082,697 9.48
Slide 14: Contact Details
Contact Details For personal use only Robin Levison Chairman Phone: (07) 5568 0205 Email: robin.levison@eurekagroupholdings.com.au 14 14of of15 5
Slide 15: Disclaimer
Disclaimer For personal use only NO responsibility for contents of Presentation To the maximum extent permitted by law, Eureka Group Holdings Limited (ABN 15 097 241 159). its officers, advisers and representatives: • make no representation, warranty or undertaking, and accept no responsibility or l
Eureka Group Holdings — Shareholder Meeting (November 2014) on 6ix