Investor Presentaiton
STRONG LIQUIDITY POSITION
$m
100
80
60
60
40
40
20
20
97.2
FY21 LIQUIDITY POSITION
(58.5)
(23.3)
15.4
Total cash & cash Less net tangible Less ORFR related Net available cash
equivalents: asset regulatory
3
capital 1
cash; 2
30.0
STA
•
Low gearing, healthy liquidity and net cash.
positive position
$81.8m regulatory capital cash
requirement consisting of:
$58.5m in net tangible
assets (largely held as
cash)
45.4
Surplus cash +
Committed
undrawn facilities
$23.3m of ORFR related
cash
Dividend policy to pay out 70% to
90% of reported NPAT -
expected to provide sufficient
retained earnings to fund
regulatory capital for organic
growth and other growth capital
needs
Debt facility provides additional flexibility
and selective investment/acquisition
capacity
Committed
undrawn facilities
1 The group is required to hold a minimum of $58.5m in net tangible assets or $31.0m in cash. Most of EQT's net tangible
assets are held via cash
2 Offset by $23.3m in ORFR debt
3 Includes $5m of managed fund investments
25 )View entire presentation