Apollo Tourism & Leisure : ATL Half Year Results Presentation

For personal use only

For personal use only

This document has been prepared by Apollo Tourism & Leisure Ltd ("Apollo", "the Company" or "the Group") and comprises written materials/slides for a presentation concerning the Company.

This presentation is for information purposes only and does not constitute or form part of any offer or invitation to acquire, sell or otherwise dispose of, or issue, or any solicitation of any offer to sell or otherwise dispose of, purchase or subscribe for, any securities, nor does it constitute investment advice, nor shall it or any part of it nor the fact of its distribution form the basis of, or be relied on in connection with, any or contract or investment decision. Certain statements in this presentation are forward looking statements. You can identify these statements by the fact that they use words such as "anticipate", "estimate", "expect", "project", "intend", "plan", "believe", "target", "may", "assume" and words of similar import.

These forward looking statements speak only as at the date of this presentation. These statements are based on current expectations and beliefs and, by their nature, are subject to a number of known and unknown risks and uncertainties that could cause the actual results, performances and achievements to differ materially from any expected future results, performance or achievements expressed or implied by such forward looking statements.

No representation, warranty or assurance (express or implied) is given or made by the Company that the forward looking statements contained in this presentation are accurate, complete, reliable or adequate or that they will be achieved or prove to be correct. Except for any statutory liability which cannot be excluded, the Company and its respective officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the forward looking statements and exclude all liability whatsoever (including negligence) for any direct or indirect loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission therefrom.

Subject to any continuing obligation under applicable law or relevant listing rules of the ASX, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements in these materials to reflect any change in expectations in relation to any forward looking statements or any change in events, conditions or circumstances on which any statement is based. Nothing in these materials shall under any circumstances create an implication that there has been no change in the affairs of the Company since the date of the presentation.

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General

1. All comparisons are against prior corresponding period (pcp).

1. All figures in this presentation are rounded to the nearest $100,000.

1. Where a balance was negative in the pcp and is positive in the current financial year (or vice-versa), the percentage change cannot be calculated. The percentage change in these instances has been reflected as "N/M", being Not Meaningful.

1. All figures in this report are presented in Australian dollars, unless otherwise stated. The exchange rates used to convert foreign currencies to AUD are set out below:

Exchange rates	Average for period		Rate at period end
AUD to:	H1 FY22	H1 FY21	Dec-21		Jun-21		Dec-20
NZD	1.0540	1.0715	1.0628		1.0745		1.0665
USD	0.7311	0.7302	0.7256		0.7518		0.7702
CAD	0.9211	0.9607	0.9245		0.9318		0.9818
GBP	0.5364	0.5533	0.5376		0.5429		0.5657
EUR	0.6305	0.6130	0.6411		0.6320		0.6269

Key Financial Metrics1

1. Average Funds Employed = Total Assets - Non-Interest Bearing Liabilities - Cash On Hand (calculated as the average of the opening and closing funds employed balances). o Return On Funds Employed (ROFE) = Earnings Before Interest & Tax (EBIT) / Average Funds Employed.
   o Average Total Equity = (Opening Total Equity + Closing Total Equity) / 2.
   o Return on Equity (ROE) = Net Profit After Tax (NPAT) / Average Total Equity.
   o Debt : EBITDA ratio = Net Debt / Earnings Before Interest, Tax, Depreciation & Amortisation (EBITDA).

1 For half year reporting, metrics involving performance based results (i.e. EBIT/NPAT), have been calculated using calendar year results, to account for the impact of seasonality, which disproportionately skews the Company's results towards H1, due to Northern Hemisphere operations.

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Table of Contents

Introduction

Segment Performance

Financial Performance

Outlook

Supporting Analysis

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