Slide 1: Market Announcement: Presentation for UBS Conference
Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile 61 3 9473 2500 For personal use only MARKET ANNOUNCEMENT www.computershare.com Date: Wednesday, 3rd September
Slide 2: Computershare Limited - UBS Australian Conference
Computershare Limited For personal use only Stuart Crosby Chief Executive Officer & President UBS Australian Conference 3rd - 4th September 2008 London
Slide 3: Who is Computershare?
Who is Computershare? For personal use only › Computershare (ASX:CPU) is a global leader in share registration, employee equity plans, proxy solicitation and other specialised financial, governance and communication services › Since floating in 1994, Computershare has grown, mostly by acquisition, a
Slide 4: Our key business lines
Our key business lines For personal use only › Shareholder administration (registry/transfer agency) › Employee equity incentive scheme administration › Communications (was print and mail but now multi-channel) › Proxy solicitation and corporate governance consulting › Corporate trust services › Fun
Slide 5: Where we operate
For personal use only Where we operate
Slide 6: Revenue by country
Revenue by country For personal use only Revenue $USD millions $544.1 $291.9 $222.6 $226.3 $83.8 $71.2 $46.6 $31.6 $23.0 $25.3 Australia India Russia Sth Africa Germany HK UK Other Canada USA
Slide 7: Our strengths
Our strengths For personal use only › Strong and sustained earnings and cashflow growth › More than 70% of revenue recurring in nature › Diversified across business lines and globally – across 17 countries including growth engines China, India and Russia › 1st or 2nd in all registry markets we servi
Slide 8: Historical financials - Revenue
Historical financials For personal use only Revenue $USD millions $1,582.5 $1,418.4 $1,214.7 $811.9 $599.8 $463.6 $428.0 $367.6 $235.2 $196.3 $91.2 $9.2 $9.4 $11.5 $16.3 '94 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 F ina nc ia l Y e a r
Slide 9: Historical financials - EBITDA
Historical financials For personal use only EBITDA $USD millions $479.2 $370.5 $240.1 $161.8 $126.3 $83.4 $89.4 $76.9 $54.7 $37.5 $19.4 $5.3 $6.0 $6.4 $8.0 '94 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 Financial Year
Slide 10: Historical financials - EPS & dividend history
Historical financials For personal use only EPS & dividend history (USD cents) 60 50 40 US$ cents 30 20 10 0 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 Financial Year EPS Dividend
Slide 11: Results highlights - FY08
Results highlights – FY08 For personal use only › Management EPS of 51.61 cents, up 41% › Management Net Profit After OEI of $290.4m, up 32% › Operating cash flows of $347.3m, up 8% › Total Operating Revenues of $1,582.5m, up 12% › Operating Costs of $1,106.0m, up 5% › Final Dividend of 11 cents (AU
Slide 12: Management EBITDA margin
Management EBITDA margin For personal use only 30.3% 26.1% 19.6% 19.8% FY05 FY06 FY07 FY08 Operating Margin
Slide 13: Return on equity
Return on equity For personal use only AGAAP AIFRS 40.20% 26.40% 19.40% 15.10% 13.30% 6.90% FY03 FY04 FY05 FY06 FY07 FY08 Return on equity
Slide 14: Key financial ratios
Key financial ratios For personal use only › EBITDA interest coverage Net Financial Indebtedness to EBITDA times times 14 3.0 12.1 11.9 12 11.5 2.48 2.5 10 8.7 2.0 1.68 1.64 8 1.5 6 0.94 1.0 4 2 0.5 0 0.0 FY05 FY06 FY07 FY08 FY05 FY06 FY07 FY08
Slide 15: Outlook
Outlook For personal use only Long-term growth in management EPS of 20% per year remains the target, to be achieved by a combination of organic growth and acquisitions, as well as balance sheet management Looking to FY09 and having regard to current equity, foreign exchange and interest rate market
Slide 16: Acquisitions since July 2007
Acquisitions since July 2007 For personal use only Name Cost (USD m) Country Type of Business Datacare 17.6 Ireland Governance software UMB 8.9 USA Investor Services Administar 33.4 USA Class action administration RSS 14.0 USA Governance software VEM 92.3 Germany Corporate actions bank Four Points s
Slide 17: Our strategic focus
Our strategic focus For personal use only › Continue to drive operations quality and efficiency through measurement, benchmarking and technology › Improve front office skills to protect and drive revenue › Continue to seek acquisition and other growth opportunities where we can add value and enhance