AI assistant
ASX LIMITED — AGM Information 2013
Sep 24, 2013
64439_rns_2013-09-24_1af3c390-89a7-4b9c-a024-1de266cc1e39.pdf
AGM Information
Open in viewerOpens in your device viewer
==> picture [54 x 81] intentionally omitted <==
ASX Limited ABN 98 008 624 691 Exchange Centre 20 Bridge Street Sydney NSW 2000 PO Box H224 Australia Square NSW 1215 Telephone +61 2 9227 0000 www.asx.com.au
25 September 2013
Australian Securities and Investments Commission Mr Oliver Harvey Senior Executive Leader, Financial Market Infrastructure Level 5, 100 Market Street SYDNEY NSW 2000
ASX Market Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000
AGM Presentation Slides
The slides to be presented at ASX Limited’s Annual General Meeting today are attached.
Amanda J Harkness
Group General Counsel & Company Secretary
For further inquiries, contact:
Media:
Kristen Kaus Executive, Media and Communications Tel: +61 2 9227 0410 Mobile: 0421 380 773 [email protected]
Finance/Investor Relations:
Stephen Hammon General Manager, Finance Tel: +61 2 9227 0260 Mobile: 0488 212 755 [email protected]
==> picture [426 x 38] intentionally omitted <==
==> picture [704 x 374] intentionally omitted <==
ASX Limited – 2013 Annual General Meeting
Sydney, Australia, 25 September 2013
==> picture [704 x 374] intentionally omitted <==
Address by the Chairman – Rick Holliday-Smith
2013 Annual General Meeting
Financial Results FY13
==> picture [52 x 76] intentionally omitted <==
-
Statutory profit after tax $348.2 million, up 2.7%
-
Underlying profit after tax $348.2 million, up 0.6%
-
Total FY13 dividend 170.2 cents per share
-
Capital expenditure $38.9 million
-
Balance sheet strengthened following successful $553 million capital raising
==> picture [720 x 16] intentionally omitted <==
Size of Australia’s Financial Markets
==> picture [52 x 76] intentionally omitted <==
==> picture [199 x 100] intentionally omitted <==
----- Start of picture text -----
Listings
----- End of picture text -----
==> picture [77 x 52] intentionally omitted <==
Capital raising leader
• $372 billion raised since GFC
Global top 10
Equities
==> picture [77 x 51] intentionally omitted <==
-
$1.7 trillion investable assets
-
$1.1 trillion free float equities
Largest in Asia, global top 5
Derivatives
==> picture [83 x 51] intentionally omitted <==
-
$47.4 trillion interest rate futures
-
$15 trillion interest rate swaps
==> picture [720 x 16] intentionally omitted <==
ASX’s Capital Raising
==> picture [52 x 76] intentionally omitted <==
| Sources of funds ($ million) | Uses of funds ($ million) | ||
|---|---|---|---|
| Proceeds of the Entitlement Offer (net of costs) | 540 | Investment in ASX Clear (Futures) | 200 |
| Repay non-recourse debt facility | 250 | ||
| IRESS investment | 39 | ||
| General corporate purposes | 51 | ||
| Total | 540 | 540 |
Materially strengthens the capital position of ASX's clearing houses
‒ Further supports Australia's central clearing infrastructure ‒ Eliminates refinancing risk and increases financial flexibility ‒ Better positions ASX to compete on a global basis
==> picture [720 x 16] intentionally omitted <==
==> picture [704 x 374] intentionally omitted <==
Address by the Chairman – Rick Holliday-Smith
2013 Annual General Meeting
==> picture [704 x 374] intentionally omitted <==
Address by the MD & CEO – Elmer Funke Kupper
2013 Annual General Meeting
Revenue Performance by Half
==> picture [52 x 76] intentionally omitted <==
1H13 2H13 FY13 $M $M $M Operating Revenue 304.8 312.6 617.4 Cash Operating 71.3 74.9 146.2 Expenses Net Profit After Tax 171.1 177.1 348.2 Down Up Up % Change NPAT 5.3% 7.0% 0.6%
==> picture [720 x 16] intentionally omitted <==
Business Performance FY13
==> picture [52 x 76] intentionally omitted <==
==> picture [652 x 342] intentionally omitted <==
----- Start of picture text -----
Listings and Issuer Services $139.7m 4.7%
7.9%
Cash Market $114.6m
Information Services $61.8m 7.8%
Technical Services $49.8m 9.9%
Derivatives and OTC Markets $197.3m 4.6%
Austraclear $38.6m 7.2%
----- End of picture text -----
==> picture [720 x 16] intentionally omitted <==
==> picture [52 x 76] intentionally omitted <==
Customer Engagement
==> picture [619 x 40] intentionally omitted <==
==> picture [93 x 76] intentionally omitted <==
==> picture [708 x 331] intentionally omitted <==
==> picture [720 x 16] intentionally omitted <==
Trading Update – to 20 September 2013
==> picture [52 x 76] intentionally omitted <==
ASX 24 Average Daily Contracts ('000)
Total Capital Raised Cash Market Average Daily ($bn) Value ($bn)
==> picture [462 x 340] intentionally omitted <==
==> picture [228 x 339] intentionally omitted <==
==> picture [720 x 16] intentionally omitted <==
==> picture [704 x 374] intentionally omitted <==
Formal Proceedings – Annual General Meeting
Sydney, Australia, 25 September 2013
Agenda Item 1
==> picture [52 x 76] intentionally omitted <==
ASX Financial Report
==> picture [720 x 16] intentionally omitted <==
Agenda Item 2
==> picture [52 x 76] intentionally omitted <==
Securities Exchanges Guarantee Corporation (SEGC) Financial Report
==> picture [720 x 16] intentionally omitted <==
Agenda Item 3
==> picture [52 x 76] intentionally omitted <==
Election of Director
==> picture [720 x 16] intentionally omitted <==
Agenda Item 3(a)
==> picture [52 x 76] intentionally omitted <==
This motion will not be put to the Meeting
==> picture [720 x 16] intentionally omitted <==
Agenda Item 3(b)
==> picture [52 x 76] intentionally omitted <==
Election of Director Dr Ken Henry AC
==> picture [720 x 16] intentionally omitted <==
3(b). Election of Dr Ken Henry AC
==> picture [52 x 76] intentionally omitted <==
This resolution will be decided on a poll
==> picture [576 x 304] intentionally omitted <==
----- Start of picture text -----
For Against Open
Direct Votes 29.45% 1.00% -
30,555,980 1,041,171
Proxy Votes 67.64% 0.15% 1.76%
70,169,518 155,274 1,826,526
Total 97.09% 1.15% 1.76%
100,725,498 1,196,445 1,826,526
----- End of picture text -----
==> picture [720 x 16] intentionally omitted <==
Agenda Item 4
==> picture [52 x 76] intentionally omitted <==
Grant of 2013 Performance Rights to Managing Director and CEO under LTI Plan
==> picture [720 x 16] intentionally omitted <==
4. Grant of 2013 Performance Rights to Managing Director and CEO under LTI Plan
==> picture [52 x 76] intentionally omitted <==
This resolution will be decided on a poll
| For | Against | Open | |
|---|---|---|---|
| Direct Votes | 28.68% 29,481,733 |
1.54% 1,578,873 |
- |
| Proxy Votes | 67.48% 69,375,941 |
0.73% 752,040 |
1.57% 1,617,688 |
| Total | 96.16% 98,857,674 |
2.27% 2,330,913 |
1.57% 1,617,688 |
==> picture [720 x 16] intentionally omitted <==
Agenda Item 5
==> picture [52 x 76] intentionally omitted <==
Remuneration Report
==> picture [720 x 16] intentionally omitted <==
5. Remuneration Report
==> picture [52 x 76] intentionally omitted <==
This resolution will be decided on a poll
==> picture [576 x 304] intentionally omitted <==
----- Start of picture text -----
For Against Open
Direct Votes 28.87% 1.36% -
29,714,774 1,397,184
Proxy Votes 67.61% 0.62% 1.54%
69,591,453 638,789 1,583,920
Total 96.48% 1.98% 1.54%
99,306,227 2,035,973 1,583,920
----- End of picture text -----
==> picture [720 x 16] intentionally omitted <==
==> picture [704 x 374] intentionally omitted <==
Questions
2013 Annual General Meeting
Collection of Poll Cards
==> picture [52 x 76] intentionally omitted <==
Please complete and submit your poll card
==> picture [720 x 16] intentionally omitted <==
==> picture [704 x 374] intentionally omitted <==
ASX Limited – 2013 Annual General Meeting
Sydney, Australia, 25 September 2013