Client:
Member-based not-for-profit

Issue:
Seeking recommendations on asset exit and/or portfolio growth strategies

Scope:
Financial assessment of existing portfolio/individual assets, analysis of financial feasibility for extension of existing assets, provide recommendations on potential growth strategies in line with member demographics and concentrations.

Outcome:
Preparation of a comprehensive financial portfolio review, including a feasibility analysis of further development of current aged care assets, and acquisition of other sites. Assessment of other business opportunities, including delivery of additional services (e.g. in-home community care packages) using existing operational resources.

Benefits:
Preliminary results are reflecting the potential for selected asset sales and increased bed capacity at both at existing sites and high member concentration geographical areas.

Client:
Charitable not-for-profit

Issue/Scope:
Seeking an independent assessment of project returns and financial viability analysis in line with targeted benchmarks

Outcome:
Analysis highlighted that the project, as proposed, did not meet benchmark returns or debt/equity parameters, directly related to the quantum of affordable housing.
Premier Consulting identified 'commercial' cost of discounted housing benefit, which drove a capital-structuring program designed to raise grants and ethical investments.
Prepared a debt strategy including projected payback durations.

Benefits:
The project is on target to commence in Q3 of 2011 and has recently raised a $5m grant from the NSW Government.

Client:
Faith-based aged care operator

Issue/Scope:
Church Board required independent assessment of project returns in line with targeted benchmarks

Outcome:
Premier Consulting's analysis highlighted that the existing project configuration did not meet benchmark returns or debt/equity parameters. The analysis drove a re-organisation of the project mix, staging and timing to meet targets, optimisation of the capital structure and preparation of a debt strategy including projected payback durations.

Benefits:
Approval was given to proceed based on the project reconfiguration and adjusted financial returns, internal equity allocation was agreed and competitive construction funding arranged.
Project is currently being marketed to residents. Site works have commenced and a number of ILU presales have been contracted.

Client:
Community not-for-profit aged care operator

Issue:
A single facility operator with ACF built on land declared environmentally unstable, limited capital/no ability to raise bonds, unsure how to relocate and rebuild to maintain services to their local community
Scope:    Provide recommendation on how to access capital to support rebuild

Outcome:
Premier Consulting identified a suitable partner with similar mission/vision and adequate capital and presented a recommendation to merge the two entities.  The merger was approved and resulted in a strategic plan to combine two existing ACFs into a new 140+ bed facility with sufficient funds to repay debt /equity. Once completed, the long-term strategy is to build high-value ILUs on a residual site, as a means of rebuilding the balance sheet.

Benefits:
Stronger merged entity, maintained bed numbers in the immediate area, created financial sustainability, provided long-term value and viability.