JUNE 2001 FULL YEAR RESULTS August 2001 1
KEY PROFIT & LOSS INDICATORS 0 Total Revenue up 85 % to A$754.3m 0 EBITDA up 65% to A$151.6m* 0 Operating Profit before Tax up 45% to $90.9m* 0 NPAT up 44% to A$54.9m* 0 Etrade pre-tax writedown A$21.3m * before non-recurring items 2
CAPITAL MANAGEMENT 0 Gearing on a debt to capital basis - 33% 0 Current ratio - 1.30 times 0 Debtors days have fallen from 87 to 75 days (includes WIP), generating +A$15m cash 3
KEY INDICATORS EPS $0.120 $0.100 $0.080 $0.060 $0.040 $0.020 $0.000 * 1999 2000 2001 * before non recurring items 4
KEY INDICATORS Sales Revenue per employee $150,000 $100,000 $50,000 $0 1999 2000 2001 5
KEY INDICATORS Working Capital Management 100 80 60 Receivable days 40 Payable days 20 0 1999 2000 2001 6
CONSOLIDATED RESULTS FULL YEAR COMPARISONS A$m 754.3 415.4 408.4 Revenue 338.9 302.8 EBITDA 151.6 147.0 91.7 79.7 71.9 56.2 31.2 Jun-98 Jun-99 Jun-00 Jun-01 HY Dec-00 HY Jun-01 EBITDA numbers are before non recurring items 7
Revenue contribution by business sector * Revenue 85% 6% 5% 3% 1% CIS CTS CDS Plan Analytics * External Revenues only 8
Revenue contribution by location * Revenue 30% 24% 21% 18% 3% 2% 1% 1% UK Aus Can US SA HK Ire NZ * External Revenues only 9
Holders per employee by location Holders per emp 29,764 21,020 19,383 16,589 11,521 9,977 7,753 6,441 NZ Ire Aus UK US SA HK Can 10
REGISTRY OPERATIONS TOTAL SHAREHOLDER ACCOUNTS As at As at As at 30 Jun 2001 31 Dec 2000 30 Jun 2000 Australia 11.8m 12.4m 10.9m United Kingdom 27.9m 20.0m 17.9m USA 5.2m 5.5m 4.0m Canada 6.7m 6.3m 6.0m Ireland 1.6m 1.6m 1.1m South Africa 3.0m 3.1m 3.1m New Zealand 2.2m 2.2m 2.4m Hong Kong 1.1m 1.2m .5m CTS Bureau 9.4m 9.6m 8.0m TOTAL 68.9m 61.9m 53.9m 11
GLOBAL INVESTOR SERVICES AUSTRALIA – Successfully integrated the National Call centre – Will consolidate BT Registries operations in the next few months Revenue A$m EBITDA 101.4 89.4 74.1 50.8 50.6 50.8 17.8 13.0 11.8 9.5 6.9 6.1 Jun-98 Jun-99 Jun-00 Jun--01 HY Dec-00 HY Jun-01 12
GLOBAL INVESTOR SERVICES IRELAND – Earnings enhanced by Eircom/Vodafone transaction – Recently received approval from Irish Central Bank to provide nominee, trustee & share dealing services Revenue EBITDA m A $ 11.0 9.9 6.8 4.2 3.1 1.9 1.8 1.6 0.5 0.2 Jun-99 Jun-00 Jun-01 HY Dec-00 HY Jun-01 13
GLOBAL INVESTOR SERVICES NEW ZEALAND – Continues to deliver excellent margins – Will benefit from BT Registries acquisition Revenue EBITDA A$m 11.5 11.3 11.0 10.1 5.9 5.6 5.1 4.1 3.9 3.6 2.8 2.3 Jun-98 Jun-99 Jun-00 Jun-01 HY Dec-00 HY Jun-01 14
GLOBAL INVESTOR SERVICES SOUTH AFRICA – STRATE has adversely affected existing business – Recently won the Telkom privatisation tender Revenue EBITDA A$m 27.1 25.6 13.2 12.4 9.9 8.5 4.6 3.4 1.9 1.2 Jun-99 Jun-00 Jun-01 HY Dec-00 HY Jun-01 15
GLOBAL INVESTOR SERVICES UNITED KINGDOM – Earnings have slowed in the second half FY01 following less corporate activity Revenue EBITDA A $ m 208.6 163.9 157.1 104.7 103.9 59.8 54.2 31.0 27.7 23.2 17.6 6.4 Jun-98 Jun-99 Jun-00 Jun-01 HY Dec-00 HY Jun-01 16
GLOBAL INVESTOR SERVICES HONG KONG – This business continues to deliver increasing margins on improving sales results – Migration to SCRIP imminent Revenue A$m EBITDA 30.5 23.3 14.7 10.0 * Jun-00 Jun-01 *Consolidated from March 2001 17
GLOBAL INVESTOR SERVICES CANADA - Half Year Comparison – Sales and margins continued to grow throughout the second half of FY2001 Revenue EBITDA A$m 161.3 95.3 66.0 33.0 22.6 10.4 HY Dec-00 HY Jun-01 FY Jun-01 18
GLOBAL INVESTOR SERVICES UNITED STATES - Half Year Comparison – Key focus has been on improving the cost structure to enhance operating margins Revenue EBITDA A $ m 131.9 79.9 52.0 3.5 0.1 -3.4 HY Dec-00 HY Jun-01 FY Jun-01 19
COMPUTERSHARE TECHNOLOGY SERVICES CTS GROUP - Half Year Comparison – Responsible for global development initiatives and group technology costs Revenue EBITDA A$m 84.3 44.0 40.3 29.5 20.0 15.4 14.1 11.8 HY Jun-00 HY Dec-00 HY Jun-01 FY Jun-01 Internal revenue accounts for 49% in FY01 20
COMPUTERSHARE DOCUMENT SERVICES 0 Established operations are gradually improving margins whilst expansion into Nth America is expected to reap benefits in FY03 65.5 56.6 Revenue EBITDA 8.4 6.5 Jun-00 Jun-01 Internal revenue accounts for 42% in FY01 21
MAJOR ACTIVITIES LAST 12 MONTHS 0 Acquired Employee Stock Purchase Plan business from Merrill Lynch in December 0 Acquired CityWatch to access equities coverage in the UK market in December 0 Moved to 100% interest in Computershare Document Services (CDS) in January 0 Moved to 100% interest in Central Registration Hong Kong in March 0 Acquired Financial Data Concepts (FDC) in the US to complete Analytics global coverage in April 22
MAJOR ACTIVITIES LAST 12 MONTHS 0 Acquired RPC Planmanagers in Australia as part of the employee plan global strategy in April 0 Signed our largest ASTS transaction with ICAP plc (formerly Garban Intercapital) in June 23
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