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IGNITE LIMITED Investor Presentation 2011

Aug 23, 2011

65110_rns_2011-08-23_19f990d2-9837-4a94-a331-2059b49eb19b.pdf

Investor Presentation

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Presented by: Geoff Moles, Founder & Managing Director

www.clarius.com.au

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Clarius is a leading white collar contracting and recruitment specialist with brands across Australia, New Zealand and Asia

Agenda

Overview

Financials

Dividend Announcement

Highlights of FY 2011

Non Cash Goodwill Impairment Summary & De-recognition of Tax Losses

State of the Market

Looking Ahead

Overview

Established in 1984 by Geoff Moles

Listed on the Australian Securities Exchange in 1997 Strategic growth by acquisition – 14 completed

Strong presence across all white collar based recruitment disciplines

Experienced in operating in a cyclical environment

Financial Results Financial Results Financial Results
FY 2011 Movement FY 2010
Revenue $267.2m 0.5% $266.1m
Net profit after tax* $4.7m 55% $3.0m
Impairment of goodwill after tax $14.6m - -
De-recognition of tax losses $0.4m - -
Reported net profit / (loss) after tax $(10.3)m - $3.0m
Underlying EPS (cents)* 5.3 cents 39.5% 3.8 cents
Operating cash flow $8.7m Increase of
$9.9m
$(1.2)m
Dividend 4.0 cents 100% 2.0 cents
*Before non cash impairment write down and de-recognition of tax losses
Full Year Financial Results Full Year Financial Results Full Year Financial Results Full Year Financial Results
P&L FY 2011 FY 2010
Revenue $267.2m $266.1m
Gross Profit (Margin) $51.9m $48.6m
Employee Benefits Expense $33.9m $33.1m
Finance Costs $0.3m $0.4m
Other Overheads $11.0m $10.4m
Underlying NPAT $4.7m $3.0m
Statutory NPAT $(10.3)m $3.0m
Operating cash flow $8.7m $(1.2)m
Financial Position
Financial Position
FY 2011
FY 2010
Trade Receivables
$53.6m
$54.8m
Intangible Assets
$53.4m
$68.6m
Bank Overdraft
$0.5m
$2.2m
Contributed Equity
$90.3m
$104.0m
• Positive cash flow of $8.6m provides strong financial position and
minimal debt
• 88.2m shares on issue
• 3.2m options
• Impairment write down of $14.6m
• Strong balance sheet with capacity for future growth and acquisitions

Dividend Announcement

• 2.0 cents interim dividend per share paid 28[th] March, 2011

• 2.0 cents final dividend per share

  • Fully franked

  • Payment date of 14[th] October, 2011

  • DRP discount 2.5%

  • NPAT up 55% to $4.7m

  • Before non cash impairment write down and de-recognition of tax losses

Operating Cash Flow increases by $9.9m in FY 2011

Clarius Major Accounts (CMA) Implementation

Recruitment brands showing stronger sustainability and endurance during market turbulence

Investment in Ignite brings profitable result

Impairment write down reflects brand restructuring and market volatility

Impairment write down reflects brand restructuring and market volatility:

Impairment write down reflects brand restructuring and market volatility:

Clients

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The market remains uncertain with the turbulence of global financial markets – but a more robust model allows for improved returns

Despite challenging global economic conditions, we are confident of continued growth

Disclaimer

The material herein is a presentation of non-specific background information about Clarius Group Limited’s current activities.

It is information given in summary form and does not purport to be complete.

Investors or potential investors should seek their own independent advice.

This material is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of a particular investor.