Mirrabooka Investments Ltd · ASX:MIR

Mirrabooka Investments — Shareholder Meeting (October 2003)

17 slides from Mirrabooka Investments's shareholder meeting presentation, Oct 31, 2003

  1. Slide 1: Chairman's Presentation - AGM 2003

    * * % MIRRABOOKA Investments Limited Dear Shareholder Chairman's Presentation - AGM 2003 Enclosed for your information is a copy of my presentation to shareholders at the Company's Annual General Meeting heid on Friday 10 October 2003 at the Hilton on the Park, Melbourne. The following resolutions w

  2. Slide 2: Annual General Meeting October 2003

    Annual General Meeting October 2003. Investing im small and medium size companies i) oe Presentation Wie HN * * 4 MIRRABOOKA Investments Limited.

  3. Slide 3: Mirrabooka Investments Limited

    Mirrabooka Investments Limited ABN 31 985 296 928 GPO Box 27145 Melbourne Vict Telephone (03) 96: : 2 (03) 9 E inv ve MIT. COM) at

  4. Slide 4: Index Performance - 2003 Financial Year and Profit After Tax

    tite iis T0450 1aoG 50 oO $50 $000 Small Ordinaries and MidCar i ap 50 Accumulation Index Performance - 2003 Financial Year Midcap 60 Act. index Small Ord's . Arc, Index . ; ; , . Jun Jul Aug Gep Oct Hoy Dee Jon Feb Mar Ape May tun chines. view Profit After Tax Financial year Bacco weg coegeeioy i P

  5. Slide 5: Earnings Per Share v Dividends Per Share

    Earnings Per Share v Dividends Per Share Cants per share Mirrabooka Investments Annual Meeting 2003

  6. Slide 6: Capital Changes

    Capital Changes * Share Acquisition Plan : Invited shareholders to subscribe to up to $5,000 each in additional shares at $1.00 per share in April 2003. Issued 2.56 million new shares and increased the capital base by $2.53 million. « Rights issue : Invited shareholders to participate ina 1 for 4 re

  7. Slide 7: Performance since inception

    Performance since inception Base of 100 in April 1999 1d - 150 Mirrabooka. rs _ NTA Accum i 720 ~ 448 108» Aprilia Aprit-ow Apribett Aprit-e? Aprit-a 3 Spiwinon vice Bo Accum Share price v NTA since listing Share Price Net Asset Backing June Sep. Dec Mar Jun« Sep. Dece Mare June * of Oo 0 02 O02 OF

  8. Slide 8: Spread of investments at September 2003

    Spread of investments at 30 September 2003 Gash Enetay 11% . itateriabe tithes: 18% wa = Technolgy Fs Heakh Care tk Cosi Staples 5%, consumer ] Kiseretionsry 4 id Real Estate ' Be B% G1, RULE Commeprnaen Top 20 Investments - 30 September 2003 Rank $m Healthscope 4 6,8 APNG News & Media - 2 5.8 7.25%

  9. Slide 9: Top Investments - September 2003

    Top 20 Investments - 30 September 2003 Rank $m Foodland Associated 6 4.4 Pacifica Group 7 44 James Hardie 8 4.0 Baxter Group 9 3.8 Macquarie infra. Group 40 3.4 ul iednon. vize ceonmpandex wee q BARR AIA 2 eetesd Top 20 Investments - 30 September 2003 Rank $m Hills Industries 1 3.3 Gunns 12 3.2 Prog

  10. Slide 10: Top 20 Investments and Largest Acquisitions

    Rank G.U.D Holdings 16 Computershare (p) 17 Spotless Group 18 Housewares International 19 DCA Group 20 Hou dine compares Top 20 Investments - 30 September 2003 (Top 20 investrnents represents 60.9% of total portfolio of $122.0) {b} includes $4.3 million of CPU 5.9% reset convertible preference share

  11. Slide 11: Largest Disposals; AVJennings Homes

    Largest 5 Disposals - (1/7/02-30/9/03) Goodman Fielder - (takeover) Housewares International Patrick 6% Converting preference Hills Industries Gunns $m 2.5 1.9 1.1 1.1 41.0 ‘asessnoccaien: Easmbted nedein exe ceumpanios cree Poe " RR ARERCIRA AVJennings Homes » Australia’s largest homebuilder buyers

  12. Slide 12: Centennial Coal; Fleetwood Corporation

    Centennial Coal « WNSVV located thermal (energy) coal miner * Acquired NSVW Governments coal assets in August 2002 « Fyels nearly 40% of the State’s coal fired electricity « Almost 80% of revenue is under AS, long term index contracts = Growth potential via improved efficiencies and two large mine d

  13. Slide 13: Perilya; Baxter Group

    Perilya * Mining and exploration company « Acquired Broken Hill mining assets from Pasminco receiver » Ramp upis as planned with mine in bottom quartile of cost curve * Has a number of interesting exploration assets and 30% of Independence Gold, 35% of Strike Oil (unlisted) and $35m cash i Lednim wi

  14. Slide 14: PaperlinX; Purchases Since June 2003

    PaperlinX * Formed from the demerger of Amcor's paper manufacturing and merchanting operations * Acquifing the European paper merchanting division of Buhrmann for around $1.2bn sing, size CommpeEentes . : . _ ( ALR Purchases Since 20 June 2003 (Over $500,000) Acided to: « Baxter Group « Centennial C

  15. Slide 15: Purchases Since June 2003 - New Stocks

    Purchases Since 30 June 2003 (Over $500,000) New Stocks: * Boom Logistics - crane hire business « Graincorp (6.5% conv. pref.) - grain handling, storage and marketing « Incitec Pivot - fertilisers * Macquarie Airports - airport investments « Sonic Healthcare - pathology and radiology services « Tass

  16. Slide 16: Mirrabooka Share Price to Net Asset Backing Premium/Discount

    PS. MG me - BG Mirrabooka Share Price to Net Asset Backing Premium/Discount Jin Aug- tet- Bee- Fab. Spr duh- Aug Oot. Gee. Pets Ape. dum Rog- a1 of Gf oy Be a2 82 82 82 O38 GF G8 Of Mirrabooka Investments Annual Geaeral § ff 20003 3

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