Harvey Norman Holdings Ltd · ASX:HVN

Harvey Norman — H1 FY2015 Earnings Presentation

20 slides from Harvey Norman's earnings presentation, Feb 27, 2015

1. Slide 1: Financial Results Half-year ended 31 December 2014

   Financial Results Half-year ended 31 December 2014 For personal use only

2. Slide 2: Contents

   Contents For personal use only 1. Key Financial Highlights CONTENTS 2. Strategy: Integrated Retail, Franchise, Property & Digital System 3. Strategy: Omni Channel 4. Strategy: Business Efficiencies 5. Global Sales Revenue 6. Franchise Sales Revenue 7. Review of the Income Statement for the year ende

3. Slide 3: Key Financial Highlights

   PRESENTATION OF RESULTS DEC 2014 KeY FinanciaL Highlights For personal use only

4. Slide 4: Improved Profitability

   PRESENTATION OF RESULTS DEC 2014 Improved Profitability For personal use only        

5. Slide 5: Strategy: Integrated Retail, Franchise, Property & Digital System

   PRESENTATION OF RESULTS DEC 2014 Strategy: Integrated Retail, Franchise, Property & Digital System For personal use only Real Property Assets ($billion) & Rate of Increase from PCP (%) $2.31 $2.27 (+1.9% from PCP) (+6.0% from PCP) $2.12 $2.14 (+7.0% from PCP) (+1.3% from PCP) $1.98 (+8.3% from PCP)

6. Slide 6: Strategy: Omni Channel

   Strategy: Omni Channel For personal use only      

7. Slide 7: Strategy: Operational Efficiencies

   PRESENTATION OF RESULTS DEC 2014 Strategy: OPERATIONAL Efficiencies For personal use only • • • • • •

8. Slide 8: Global Sales Revenue

   PRESENTATION OF RESULTS DEC 2014 Global Sales Revenue For personal use only HY15 Openings & Closures   Dec-10 Dec-11 Dec-12 Dec-13 Dec-14

9. Slide 9: Franchisee Sales Revenue

   PRESENTATION OF RESULTS DEC 2014 Franchisee Sales Revenue For personal use only 1Q14 2Q14 1Q15 2Q15

10. Slide 10: Income Statement

    PRESENTATION OF RESULTS DEC 2014 Review of the Income Statement For personal use only  ↑       ↑    

11. Slide 11: Income Statement (continued)

    PRESENTATION OF RESULTS DEC 2014 Review of the Income Statement (continued) For personal use only ↑         

12. Slide 12: Balance Sheet

    PRESENTATION OF RESULTS DEC 2014 Review of the Balance Sheet For personal use only ↓     ↓  

13. Slide 13: Balance Sheet: Net Debt to Equity Ratio (%)

    PRESENTATION OF RESULTS DEC 2014 Review of the Balance Sheet: Net Debt to Equity Ratio (%) For personal use only Net Debt to Equity Ratio %  29.74% 27.24%  25.12% 24.95% 22.18%  2010 2011 2012 2013 2014

14. Slide 14: Statement of Cash Flows

    PRESENTATION OF RESULTS DEC 2014 Review of the Statement of Cash Flows For personal use only ↓    

15. Slide 15: Statement of Cash Flows (continued)

    PRESENTATION OF RESULTS DEC 2014 Review of the Statement of Cash Flows (continued) For personal use only ↓     ↑     

16. Slide 16: Segment Analysis: Franchising Operations Segment

    PRESENTATION OF RESULTS DEC 2014 Segment Analysis: Franchising Operations Segment For personal use only ↑   ↑   

17. Slide 17: Segment Analysis: Total Property Segments

    PRESENTATION OF RESULTS DEC 2014 Segment Analysis: Total Property Segments For personal use only  ↑    ↑    

18. Slide 18: Segment Analysis: Company-Operated Retail Operations

    PRESENTATION OF RESULTS DEC 2014 Segment Analysis: Company-Operated Retail Operations For personal use only ↑      ↑   

19. Slide 19: Outlook

    PRESENTATION OF RESULTS DEC 2014 Outlook For personal use only • • • • • • • • • • • • • • • • • •

20. Slide 20: Questions

    For personal use only Questions 20

Harvey Norman Holdings — H1 FY2015 Earnings Presentation on 6ix