| |
|
Consolidated
2001 |
Consolidated
2000 |
| |
Notes |
$’000 |
$’000 |
|
| Net interest and similar income |
|
179,145 |
186,830 |
| Trading income |
|
429,108 |
268,145 |
| Net fee and commission income |
|
855,447 |
661,417 |
Net gain arising from BTIB acquisition and
integration |
|
– |
3,797 |
| Other operating (expenses)/income |
|
(7,817) |
66,286 |
|
| Total Operating Income |
|
1,455,883 |
1,186,475 |
|
| Employment expenses |
|
(774,564) |
(625,652) |
| Occupancy expenses |
|
(76,190) |
(52,496) |
| Non-salary technology expenses |
|
(69,195) |
(56,183) |
| Other operating expenses |
|
(210,616) |
(50,727) |
|
| Total Operating Expenses |
|
(1,130,565) |
(885,058) |
|
| Operating profit before income tax |
|
325,318 |
301,417 |
| Income tax expense |
|
(53,352) |
(79,006) |
|
| Operating Profit after Income Tax |
|
271,966 |
222,411 |
| |
Outside equity interest in operating loss after
income tax |
|
1,310 |
189 |
Distribution paid or provided on Macquarie
Income Securities |
3 |
(31,312) |
(12,352) |
|
Operating Profit after Income Tax
attributable to Ordinary Equity Holders |
|
241,964 |
210,248 |
| |
Retained earnings at the beginning of the
financial
year |
|
472,303 |
405,537 |
Adjustment resulting from change in accounting
policy for investment in associates |
|
– |
(610) |
Adjustment resulting from change in accounting
policy for consolidation of life insurance
business |
|
– |
4,431 |
Less: Dividends paid or provided on ordinary
shares |
3 |
(163,292) |
(147,303) |
|
| Retained Earnings at the end of the Financial Year |
550,975 |
472,303 |
|
| |
|
Cents per Share |
| Earnings per Share |
4 |
138.88 |
124.33 |
|
| The Profit and Loss Statement above should be read in conjunction with the accompanying notes and discussion and analysis. |
|
|