Slide 1: Market Announcement
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: 10th November 2010 To: Au
Slide 2: Annual General Meeting of Computershare Limited
For personal use only Annual General Meeting of Computershare Limited 10 November 2010
Slide 3: Chairman Introduction
Annual General Meeting For personal use only Chris Morris Ch i Chairman Introduction 10 November 2010
Slide 4: Financial Performance Indicators
Financial Performance Indicators For personal use only * Management adjusted results 3
Slide 5: Sustainability
Sustainability For personal use only › We are committed to addressing environmental challenges and minimising our operational impact. › In the past 12 months there have been some significant achievements, including: › The capture of our first 12 months worth of environmental data › Increased staff e
Slide 6: Staff Engagement
Staff Engagement Green Week For personal use only › Global Green Week (22-26 (22 26 Feb 2010) › Each day of the week had a different focus for staff. › Energy › Waste › Resources › Travel a e › Local teams organised activities in each site. Osborne Park (AU) Bristol (UK) Golden (US) 5
Slide 7: Sustainability Initiatives
Sustainability Initiatives Green Office Challenge For personal use only › Friendly e d y co competition pe o be between ee 40 0ooffices ces › To find Computershare’s most sustainable office. ffi › At the end of the challenge challenge, 4 of our offices obtained a perfect score; Bristol (UK), Calgary
Slide 8: Change a Life: Sunrise Children's Village Update
CORPORATE RESPONSIBILITY ‘Change Change a Life Life’ For personal use only Sunrise Children Children’ss Village Update › Foundations for Sunrise 3 to be poured in D December b 2010 › Sunrise 3 to house up to 150 AIDS infected children African Cycle Event September 2010 › Five day cycle for the Mike
Slide 9: Change a Life: Project spend to date
CORPORATE RESPONSIBILITY ‘Change Change a Life Life’ For personal use only Project spend to date: Ethiopian Eye Clinic - Ethiopia 95,000 Phongsaly Health and Livehood - Laos 298,958 Highland Children's Education Project - Cambodia 250,000 Chad Farmer Regeneration Project - Chad 572,271 Sunrise Child
Slide 10: Board Changes
Board Changes For personal use only › Appointment of Jerry Lieberman › Resignation of Tony Wales › Penny Penn and I changing hanging to non executive e e ti e status stat s 9
Slide 11: Chief Executive Officer
Annual General Meeting For personal use only St Stuart tCCrosby b Chief Executive Officer 10 November 2010
Slide 12: 2010 in Review: Revenue and Earnings
2010 IN REVIEW Revenue and Earnings (USD) For personal use only › Total o a operating ope a g revenues e e ues – up 7.1% % to o $1,619.6 $ ,6 9 6 million o › Management EBITDA – up 7.4% to $510.9 million › Operating cash flows – up 21.4% to $414.5 million › Management net profit after OEI – up 10.9%
Slide 13: 2010 in Review: Operating Margin
2010 IN REVIEW Operating Margin For personal use only › Total o a operating ope a g revenues e e ues – up 7.1% to $1,619.6 million › Operating costs – up 7.3% to $1,111.3 million › Management EBITDA margin* – maintained over 30% * Management adjusted results 12. Annual General Meeting of Computersha
Slide 14: 2010 in Review: Dividends
2010 IN REVIEW Dividends (AUD) For personal use only › Interim e d dividend de d – AU14 cents 50% franked › Final dividend – AU14 cents 60% franked 13. Annual General Meeting of Computershare Limited.
Slide 15: Strong recurring revenues
2010 IN REVIEW Strong recurring revenues For personal use only › S Strong o g delivery de e y o of recurring ecu g revenues e e ues ac across oss bus business ess lines es a and d geographies through the year. › Good G d client li t retention t ti ((postt GFC llosses). ) › Solid performance from non
Slide 16: Transactional revenues and margin income under pressure
2010 IN REVIEW Transactional revenues and margin income under pressure For personal use only › For o transactional a sac o a acactivity, y, 2010 0 0 was as a yea year o of “two o halves”. a es › H1 continued the good run of FY09, with strong revenues from: › corporate actions (especially capital–rai
Slide 17: Costs tightly controlled, but still investing in the future
2010 IN REVIEW Costs tightly controlled, controlled but still investing in the future For personal use only › Co Continued ued strong s o g cost cos discipline. d sc p e › But some cost growth: › discretionaryy compensation p accrued for the record 2010 year y › made some previously deferred IT cape
Slide 18: Balance sheet and capital deployment
COMPUTERSHARE TODAY Balance sheet and capital deployment For personal use only › Ou Our ba balance a ce sheet s ee remains e a s sstrong o gaand d we e have a e renewed e e ed $600 million o in bank facilities. › Headroom on committed facilities and strong capacity to borrow significantly i ifi tl m
Slide 19: Business as usual
COMPUTERSHARE TODAY Business as usual For personal use only › Cos Cost management a age e continues co ues to o be a p priority. o y › But the salary freeze of FY10 will not be repeated. › And we are not cutting costs otherwise at the expense of services levels - evidenced by ever stronger third par
Slide 20: Some bright spots, but most transactional business lines still quiet
COMPUTERSHARE TODAY Some bright spots spots, but most transactional business lines still quiet For personal use only › Hong o g Kong o g and a d Indian d a IPO O pipelines p pe es strong. s o g › Little other capital raising activity in most markets. › Much talk of M&A but nothing has come to fruiti
Slide 21: Strategic priorities
COMPUTERSHARE TODAY Strategic priorities For personal use only › S Strategic a eg c p priorities o es remain: e a › Drive operations quality and efficiency through measurement, benchmarking g and technology gy › Improve our front office skills to protect and drive revenue › Continue Contin e to seek
Slide 22: Approach to possible acquisitions
LOOKING FORWARD Approach to possible acquisitions For personal use only › We e spe spend d about abou thee same sa e aamount ou ofo timeea andd energy e e gy looking oo g ata areas a eas where we already operate as we do looking at new verticals. › We W assess opportunities t iti against i t the th
Slide 23: Other priorities
LOOKING FORWARD Other priorities For personal use only › In add addition, o , we e continue co ue to o co commit p priority o y resources esou ces in two oaareas: eas › Continuing to lift our market position. › Engaging with a range of proposals and projects around the globe that look to change the
Slide 24: Looking Forward: Quantitative
LOOKING FORWARD Quantitative For personal use only › We said in August that we anticipated USD management earnings per share being 5% to 10% lower in financial year 2011. › So far this year our performance is tracking broadly as we expected, and so our outlook is unchanged. 23. Annual General Meetin