Australian Unity Ltd · ASX:AYUPA
Australian Unity — Shareholder Meeting (October 2015)
31 slides from Australian Unity's shareholder meeting presentation, Oct 28, 2015
Slide 1: Creating community value
Creating community value
Slide 2: Annual General Meeting 28 October 2015
Annual General Meeting 28 October 2015
Slide 3: Glenn Barnes, Chairman
Glenn Barnes Chairman Creating community value | 2
Slide 4: Australian Unity celebrates its 175th birthday
175 years Australian Unity celebrates its 175th birthday Creating community value | 3
Slide 5: Glenn Barnes, Chairman
Glenn Barnes Chairman Creating community value | 4
Slide 6: Rohan Mead, Group Managing Director and CEO
Rohan Mead Group Managing Director and CEO Creating community value | 5
Slide 7: Our revenues $1.40b
Our revenues $1.40 $1.30 $1.21 $1.12 $1.40b $1.01 Revenues: comprise revenue and other income receipts (shown as the bottom section of the bar chart) as show in the statement of comprehensive income in the annual report plus life investment contract premium receipts (shown as the top section of the
Slide 8: Our operating earnings $40.3m
Our operating earnings $40.3m $40.3 $35.4 $31.1 $28.8 $28.4 Operating earnings: profit before tax attributable to members of Australian Unity less investment income, borrowing costs exclusive of accommodation bond interest reclassification and discontinued operations and business acquisition costs.
Slide 9: Investment income
Investment income 2014 2015 $17.8m $24.3m Creating community value | 8
Slide 10: Our financial position
Our financial position $42.9 $34.6 $35.4 $35.1 $29.6 $29.4 $25.6 $27.8 $22.3 $22.2 $42.9m $34.6m Creating community value | 9
Slide 11: Business growth
Business growth • $42 million invested in growth of key business areas including a number of strategic acquisitions Creating community value | 10
Slide 12: Business Council of Australia and the Australian Unity health forum
Business Council of Australia and the Australian Unity health forum • A forum on health reform that aims to start a new conversation about innovation in the health sector. Creating community value | 11
Slide 13: Industry influence
Industry influence • Australian Unity senior executives are engaged on boards and committees of 12 major industry bodies • Engaging policymakers on aged care funding models, retirement savings, and corporate model structures Creating community value | 12
Slide 14: Home Care Service of NSW
Home Care Service of NSW • Provides in-home care services to more than 50,000 clients across NSW • Provides specialist care to the Aboriginal community • 4,000 staff Creating community value | 13
Slide 15: Flinders Australia Limited
Flinders Australia Limited • Provides trust and estate administration services • Operates in Melbourne, Adelaide and Sydney Creating community value | 14
Slide 16: Healthcare
Healthcare Creating community value | 15
Slide 17: Healthcare results
Healthcare results Total segment revenues 5.0% $828.3m Adjusted EBITDA* 2014-2015 2013-2014 $56.2m $43.6m *Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (Adjusted EBITDA) Creating community value | 16
Slide 18: Healthcare highlights
Healthcare highlights • Joined 14 other not-for-profit and mutual health funds to launch Members Own Health Funds • Achieved a strong growth rate of almost 4% in our corporate health fund– GU Health • Acquired Physio Connect, which provides physiotherapy services to aged care facilities across Victo
Slide 19: Source: Australian Bureau of Statistics National Survey of Mental Health
Source: Australian Bureau of Statistics (2008) 2007 National Survey of Mental Health and Wellbeing: Summary of Results Creating community value | 18
Slide 20: Retirement Living
Retirement Living Creating community value | 19
Slide 21: Retirement Living results
Retirement Living results Total segment revenues 19.7% $106.8m Adjusted EBITDA* 2014-2015 2013-2014 $23.9m $21.3m *Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (Adjusted EBITDA) Creating community value | 20
Slide 22: Retirement Living highlights
Retirement Living highlights • Almost doubled the revenue of its Home Care operations, due to small acquisitions and organic growth Creating community value | 21
Slide 23: Developments
Developments Peninsula Grange Aged Care, Mornington The Residences at Rathdowne Place, Carlton Artist’s impression of Campbell Place, Glen Waverley Creating community value | 22
Slide 24: Investments
Investments Creating community value | 23
Slide 25: Investments results
Investments results Total segment revenues 3.9% $107.2m Adjusted EBITDA* 2014-2015 2013-2014 $14.8m $13.8m *Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (Adjusted EBITDA) Creating community value | 24
Slide 26: Investments highlights
Investments highlights • Funds under management, administration and advice grew 1.65 percent to $8.65 billion • Big Sky Building Society increased its loans by 10.7 percent compared to 8.0 percent for the broader sector. • Achieved a capital raising for the new Retirement Village Development Fund •
Slide 27: Personal Financial Services
Personal Financial Services Creating community value | 26
Slide 28: Personal Financial Services results
Personal Financial Services results Total segment revenues 42.7% $56.9m Adjusted EBITDA* 2014-2015 2013-2014 $3.9m $2.3m *Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (Adjusted EBITDA) Creating community value | 27
Slide 29: Personal Financial Services highlights
Personal Financial Services highlights • Funds under advice increased 70.2 percent to $5.9 billion • Acquired Premium Wealth Management and Waratah Insurance Brokers, and on 1 July 2015, completed the acquisition of Flinders Australia Limited Creating community value | 28
Slide 30: Creating community value
Creating community value
Slide 31: Thank you
Thank you Please join us for refreshments
Australian Unity — Shareholder Meeting (October 2015) on 6ix