| |
| |
Highlights |
|
| – |
Operating profit after tax attributable to ordinary shareholders increased 15.1 per cent to $242.0 million |
|
| – |
Return on average ordinary shareholders’ funds was 27.1 per cent |
|
| – |
Earnings per share increased 11.7 per cent to 138.9 cents per share |
|
| – |
Dividend of 93 cents per share (70 per cent franked) for the year |
|
| – |
International income accounted for 29 per cent of income |
|
| – |
Total loan capital and shareholders’ equity grew by $34.8 million to $1.7 billion. Year-end capital adequacy ratio was 16.0 per cent |
|
| |
 |
Reported Annual Net Profit
($million) |
|
Net Capital Base (regulatory)
$million at 31 March |
 |
|
 |
|
|
| |
| |
Macquarie Bank is committed to providing world class investment banking services. In Australia we provide a full product offering. Internationally, we focus on niche markets where we are able to add special value. |
|
| |
| |
| Group Profit Analysis |
| Year ended 31 March |
2001 ($m) |
2000 ($m) |
% change |
|
| Total operating income |
1,455.90 |
1,186.50 |
22.7 |
| Total operating expenses |
(1,130.60) |
(885.1) |
27.7 |
| Pre-tax profit |
325.3 |
301.4 |
7.9 |
| Income tax expense |
(53.3) |
(79.0) |
(32.5) |
| Profit after tax |
272 |
222.4 |
22.3 |
| Outside equity interests |
1.3 |
0.2 |
>100 |
| Distribution on Macquarie Income Securities |
(31.3) |
(12.4) |
>100 |
| Profit after tax attributable to ordinary shareholders |
242 |
210.2 |
15.1 |
|
|
| |
| |
| Relative Contributions to Group Profit by Operating Groups % |
|
2001 |
2000 |
|
| Asset and Infrastructure* |
31 |
33 |
| Treasury and Commodities |
20 |
18 |
| Equity Markets |
19 |
12 |
| Corporate Advisory and Institutional Stockbroking* |
15 |
19 |
| Banking and Property |
14 |
9 |
| Funds Management |
3 |
2 |
| Financial Services |
(3) |
5 |
| Other |
1 |
2 |
| *Merged to form the Investment Banking Group in May 2001. |
| |
| |
| |
|
| Return on Average Shareholders’ Funds %pa year ended 31 March |
|
Ratings |
 |
|
| |
Long Term |
Short Term |
|
| Fitch |
A+ |
F1 |
| Japan Rating & Investment Information |
A+ |
a-1 |
| Moody’s Investors Service |
A2 |
P1 |
| Standard & Poor’s |
A |
A |
|
|
|
|
| |
Investor
information