Macquarie Logo
About us Ask Macquarie Feedback Tips Site map Home   Site search
About us Investor information Annual Reports 2001 Review
 
Highlights
Chairman's & MD's Report
Structure
Community
Group Reports
Division Reports
Corporate Governance Statement
Image Library
Directors' Report
Board of Directors
Profit & Loss
Balance Sheet
Cash Flows
Discussion & Analysis
Notes
Directors' Declaration
Independent Audit Report
Investor Information
5 Year Summary
What We Stand For
 
  Consolidated Profit and Loss  
  For the financial year ended 31 March 2001  
 
 

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.
 
 
  back to top  
Disclaimer

© 1996-2001 Macquarie Bank Limited ACN 008 583 542