Liberty Global for Zanders EBAM Seminar, November 13th, 2012

Zanders Ebam Seminar Reduce costs and increase efficiency with Ebam

November 2012

2

Agenda

Liberty Global Intro

Treasury Landscape

Bank Communication

Why Sungard

Results Zanders Ebam Seminar | November 2012

3

Liberty Global Footprint(1)1

THE AMERICAS EUROPE

Countries 13

Homes passed 34 mm

Customers 20 mm

Service subscribers (RGUs) 34 mm

(1) As of June 30, 2012.

Zanders Ebam Seminar | November 2012

LGI Simplified Structure(1) (1)

Liberty Global, Inc.

LGI International, Inc.

Liberty Global Europe

UPC Holding BV

(Senior Notes)

UPC Broadband Holding BV

(Credit Facility) (Sr. Secured Notes)

UPC Assets

VTR

(80.0%)

Unitymedia KabelBW GmbH

(Senior Notes)

Unitymedia Hessen / Unitymedia NRW

(Credit Facility)

(Sr. Secured Notes)

Chellomedia Programming BV

Telenet

(50.4%, Credit Facility)

(Sr. Secured Notes)

VTR 4G

(Delayed Drawn Facility)

Liberty Cablevision of Puerto Rico

(Credit Facility)

1) Ownership percentages as of June 30, 2012. Eliminates intermediate holding companies and ending subsidiaries.

4 Zanders Ebam Seminar | November 2012

LGI Capital structure in Figures

• Market Cap 2 Aug: $13.7bn

• $26.5bn Gross Debt (inc CLAs of $1.4bn per Q3 2012)

• Approximately 90% matures 2017 and beyond

• Liquidity position per Q2 ~ $3.3bn

(1) Includes Puerto Rico & LGI and non op subsidiaries

5 Zanders Ebam Seminar | November 2012

UPC$12.4

Germany$6.6

Telenet$4.4

Other$1.5

6

Agenda


Treasury Landscape

Bank Communication

Why Sungard


7

Treasury Operations

Reporting

Consolidated Cash Position

Consolidated Debt Position and Forecast

Debt Maintenance & Financial Risk Management

Interest rate, Fx and Liquidity risk

All debt and derivative related payments (interest/principle/fees)

Covenant tracking and reporting

Deal execution

Financial market executions done by CT

FX trades by subsidiaries to be executed with CT

Cash Management & Investments

Excess cash at subsidiaries is upstreamed and invested by CT

CT funds subsidiaries subsidiaries whenever necessary

(1) Please see Appendix for the definitions and information including the reconciliations where applicable on organic RGU additions, rebased growth, OCF and Adjusted FCF.


8

Agenda


Treasury Landscape

Business Challenge

Why Sungard?


9

Business Challenge

Local Bank

Relationships

• 14 operating entities

• 10 sub - entities

• 60 bank relationships

• >500 accounts globally

Cross Company

Signers

•>150 signers globally

•Authorizing policies setup

locally

•80% Local authorizers

•Global and cross border

singers on various bank

accounts

Corporate Treasury

•Visibility of bank

accounts

•Centralization of cash

management

•More intense auditing

processes

•Global bank account

management


10

Process Improvement

Local Finance

department Corporate Treasury

• Update Bank

accounts

• Update signing

rules

Sungard Ebam

Real Time

bank account

information

Approval of

changes

Current

Situation:

Always outdated

Improved

Situation:

Real time insight

Local Finance

department Corporate Treasury

1

2

3

• Creating bank account opening form

• Signing and returning the form

• Quarterly bank account overview including signatures

• Reviewing and update corporate mandate overview

1

2

3

4

4

1

2

3

4


11

Additional Features

Auditing

• Completeness

• Consistency

• Transparency

• Up-to-date

Central Bank account

management

• Bank form storage

• Bank contact details

• Mandate management

• Increased control

E-bam

• Future proof

• Faster processes

• Transparent processes

• Independent of location

Ebam helps Liberty Global to increase the quality, the efficiency and the

effectiveness of global bank- and cash management.


12

Agenda


Treasury Landscape

Business Challenge

Why Sungard?


13

Why Sungard?

Experience

- Quantum

- Risk

- SGN Portal

Managed services

- Good support for all existing products.

- Overlap with existing support employees

Ease of use

- Ebam allows for full electronic processes

- Supportive Reporting features

Reliability

- Current Sungard solutions work according to expectations

- Auditors have confidence in Sungard’s approach to confidential (company and

personal) data


14

Agenda


Treasury Landscape

Business Challenge

Why Sungard?


15

Results

Direct costs

• Relatively low investment

• Marginal monthly fee

Direct savings

• Replacing Account

Compliance

• Removing manual

process back-offices

• Removing red tape in

Treasury process

Indirect savings

•Less time spend for

auditing and answering

auditors questions

•Less pressure on

operational responsible

in entities

Liberty Global has identified cost savings by using Ebam, but the increase in

efficiency and control of Corporate Treasury was the deciding factor


Liberty Global for Zanders EBAM Seminar, November 13th, 2012

Economy & Finance

Transcript of Liberty Global for Zanders EBAM Seminar, November 13th, 2012