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Investor Presentaiton

For personal use only FINANCIAL COVENANTS 10.00 Interest Cover Ratio 10.60 11.75 3.00 3.00 3.00 Jun 2017 Interest Cover Covenant 3.5 Dec 2017 Jun 2018 Interest Cover Leverage Ratio 3.5 3.5 1.81 1.92 1.79 Jun 2018 Jun 2017 Dec 2017 Leverage Ratio -Leverage Ratio Covenant Material improvement in financial covenants over past two years following debt reduction - and resulting reduction in financing costs Significant headroom exists under covenants with interest cover of just over 11.8x and leverage in a more desirable range at 1.79x SOUTHERN CROSS AUSTEREO absolutely engaging 11
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