Leitch Technology Corporation Acquisition

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Leitch financial highlights (US dollars in millions) FY2004 FY2005 FY2006 Total 1Q 2Q 3Q 4Q Total 1Q Revenue $ 129.8 $ 46.4 $ 46.8 $ 41.7 $ 48.0 $ 182.9 $ 44.8 Gross Margin 45% 47% 45% 50% 52% 49% 54% EBITDA (5.0) Oper. Income (loss) (14.7) 4.4 1.9 Note: Amounts are on a non-GAAP basis as disclosed in Leitch’s annual report. All amounts are converted to US dollars using a fixed exchange rate of US$1.00 = CD$0.8394. 3.4 1.0 % to sales 4.1% 2.1% 4.8% 4.6% 3.9% 6.7% Investor presentation – slide 12 assuredcommunications 4.3 2.0 4.7 2.2 16.8 7.1 5.1 3.0 31-Aug-2005
Deal summary and timeline • C$14.00 per share offer for 100% of outstanding shares • Total consideration of US$450 million, net of cash on balance sheet • Financing will be approximately 50% from off-shore excess cash and 50% from debt • Requires affirmative vote by two-thirds of Leitch shareholders • Expect to close within 60 days • Earning per share neutral in fiscal year 2006, excluding acquisition costs • Earnings per share accretive by $.06 in fiscal year 2007 Investor presentation – slide 13 assuredcommunications 31-Aug-2005
Page 1 and 2: Leitch Technology Corporation Acqui
Page 3 and 4: Deal rationale and value creation
Page 5 and 6: Leitch digital products overview Ne
Page 7 and 8: Digital media content value chain C
Page 9 and 10: Expands into fast-growth markets $5
Page 11: Digital transition will also drive

Leitch Technology Corporation Acquisition

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