Skycity Entertainment Group Limited · NZX:SKC
Skycity Entertainment — Non-Deal Roadshow (November 2016)
15 slides from Skycity Entertainment's roadshow presentation, Nov 21, 2016
Slide 1: Cover letter: Retail roadshow presentation
21 November 2016 For personal use only Client Market Services NZX Limited Level 1, NZX Centre 11 Cable Street WELLINGTON Copy to: ASX Market Announcements Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street Sydney NSW 2000 AUSTRALIA RE: SKYCITY ENTERTAINMENT GROUP LIMITED (SKC) RETAIL
Slide 2: NZ Retail Roadshow Presentation
SKYCITY Entertainment Group Limited NZ Retail Roadshow Presentation For personal use only 21-22 November 2016
Slide 3: Today's Presenters
Today’s Presenters For personal use only Rob Hamilton Ben Kay Chief Financial Officer Investor Relations & Corporate Development Manager 1
Slide 4: SKYCITY Overview
SKYCITY Overview Owner and operator of casino and entertainment facilities in New Zealand and Australia For personal use only Key activities – gaming, hotels, convention facilities, F&B and out-catering services Long-term exclusive casino licences Two major growth projects – NZICC / Hobson S
Slide 5: Property Summary
Property Summary For personal use only Exclusive casino licence to 2031 Exclusive casino licence to 2048(1) (for top 700kms of NT) Exclusive casino licence to 2027(1) Exclusive casino licence to 2035 Casino licence to 2024 (Wharf) (for entire state of SA) and 2025 (Queenstown)(1) (1) 15 year right o
Slide 6: Revenue And Earnings Mix
Revenue And Earnings Mix Geographic mix of revenue and earnings reflects strength of NZ market and scale of Auckland For personal use only property FY16 EBITDA (pre corporate costs) FY16 Normalised Revenue (incl Gaming (NZ$m unless stated otherwise) GST) (NZ$m) (% of total) 300 277 250 63 250 (6%)
Slide 7: Financial Performance: FY14-FY16
Financial Performance: FY14-FY16 Robust earnings growth achieved over last 3 years with record normalised EBITDA and NPAT For personal use only in FY16 Policy of distributing at least 80% of normalised NPAT in dividends to shareholders per annum FY14-FY16 Normalised EBITDA and NPAT (NZ$m) FY14-F
Slide 8: Major Growth Projects – NZICC / Hobson St Hotel
Major Growth Projects – NZICC / Hobson St Hotel For personal use only NZICC and Hobson St hotel site as at end of October 2016 6
Slide 9: Major Growth Projects – NZICC / Hobson St Hotel (cont.)
Major Growth Projects – NZICC / Hobson St Hotel (cont.) For personal use only NZICC and Hobson St hotel (Artist impression) 7
Slide 10: Major Growth Projects – Adelaide Expansion
Major Growth Projects – Adelaide Expansion For personal use only Adelaide Riverbank Precinct 8
Slide 11: Key Recent Events
Key Recent Events Graeme Stephens appointed Group CEO, effective 1 May 2017 For personal use only Luke Walker appointed GM Adelaide Casino, effective 1 May 2017 Crown employees detained by Chinese authorities Disappointing 1Q17 trading performance 9
Slide 12: Conclusion
Conclusion Exclusive long-term casino licences secured in all jurisdictions For personal use only Properties are major entertainment destinations Diversified revenue and earnings base by geography and business activity Strong cash flow generation and attractive dividend yield Strong balance sheet (B
Slide 13: Questions?
For personal use only Questions? 11
Slide 14: Disclaimer
Disclaimer All information included in this presentation is provided by SKYCITY Entertainment Group Limited For personal use only (“SKYCITY”), as at November 2016 This presentation has not taken into account any particular investors investment objectives or other circumstances. Investors are enc
Slide 15: For personal use only
For personal use only
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