FINANCIAL RESULTS

1
ASG Group Limited

• FINANCIAL RESULTS
• PRESENTATION - FY2006

Geoff Lewis MD and CEO Dean Langenbach Chief
Financial Officer
2
Agenda

• Corporate Overview
• Major Contracts
• Financial Performance
• Value Strategy
• Outlook

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Corporate Overview
ASX code ASZ Shares on issue 113.9
million Options on issue 18.6 million Share
price (8 September 06) 0.73 12 month trading
range 0.48 0.79 Market capitalisation 80
million FY06 Dividend yield (FF) 4.6
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ASG Group

• National operations
• Strong geographical spread
• Strong Government and private sector client base
• Experienced management team
• Proven business model

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Operations

• Provision of IT services to federal and state
• government departments and major blue chip
• companies

1. Selective Outsourcing Infrastructure
Applications
2. Systems integration
3. Specialist technical services
4. Internet and e-commerce security
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Major Contracts
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FY2006 Key Highlights

• EBITDA margin increase
• Strong cash generation
• Balance sheet continues to strengthen
• Reaping benefits of infrastructure investment
• Strong new business performance
• Positive outlook for FY07

Revenue 45
EBITDA 66
Net Profit 99
EPS 68
Dividend 46
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Financial Performance
Profit growth as economies of scale kick in
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Year on Year Comparison
FY05 FY06 Increase Revenue
40.8m 59.5m 45 EBITDA 4.3m
7.2m 66 Profit after tax 2.6m
5.2m 99 Operating Cash 2.7m
4.6m 70 EPS 2.8 cents 4.7 cents
68 Dividend FF 2.2 cents 3.2 cents 45
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Cash Flow Overview
Cash balance _at_ 1 July 2005 3.5m Net
operating cash 4.6m Share Issue proceeds
1.2m Investments (2.7m) Debt
Reduction (1.0m) Dividend paid
(2.5m) Cash balance _at_ 30 June 2006
3.1m
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Balance Sheet Strength
FY05 FY06 Cash 3.5m 3.1m Net
current assets 4.6m 5.9m Gross debt
3.7m 2.6m Net interest
170k 189k EBITDA to interest
cover 27x 38x Gross debt to equity 14 7
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Revenue Growth

• Cumulative revenue model
• - Predictable cash flows
• - Operating rather than capital budget
• - Approx 70 of revenue rolls forward
• - Accumulating multi-year contract book
• Established high quality customer base
• Strong federal and state government emphasis

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Cumulative Revenue Model
Major slice of FY07 revenue locked in at start of
year/under long-term contracts
24.4m
40.8m
59.3m
Revenue m
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Blue Chip Customer base
Strong diversity by sector and geography
Federal Government 31
Corporate Clients 40
State Government 29
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National Footprint

Revenue m Staff Numbers
WA 26.3 225
VIC 12.7 65
ACT 15.4 111
NSW 5.1 51
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Growth Strategy

• Leverage national presence and growing track
  record to win more major contracts
• Pursue acquisitions that meet criteria
• - Access to profitable client-base
• - Consistent with ASG strategy
• - EPS accretive

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Market Advantage

• Market momentum and critical mass
• Established reference sites in government and
  corporate sectors
• Strong, proven delivery capability
• Australian, vendor independent
• Resistant to economic cycles

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Value Strategy

• Ability to significantly leverage existing
  contract base to increase profitability
• Opportunity to close major new contracts in the
  immediate future
• Advanced discussions on substantial acquisition
  opportunities
• Cumulative revenue model

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ASG Group Limited

• FINANCIAL RESULTS
• PRESENTATION - FY2006

Geoff Lewis MD and CEO Dean Langenbach Chief
Financial Officer