Annual Reviews Management

2013 Annual Review

* Revenues in the Derivatives Division were impacted by regulatory rule changes in the Korean warrant market, resulting in a 90 per cent reduction in market turnover.

* Overall, market volatility hit nine-year lows in Australia and six-year lows in Hong Kong, resulting in low levels of institutional and retail client demand and reduced revenues.

* Assets under management rose to $A239.3 billion, driven predominantly by market movements. Change in the mix of assets under management toward higher margin products drove an increase in run-rate revenue.

* net trading income to $A1,234 million

* The consolidated profit after income tax attributable to ordinary owners for the financial year ended 31 March 2013 was $A851 million

2009 Annual Review

* The 2009 consolidated after-tax profit for Macquarie was $A871 million, a decrease of 52 per cent from the previous year’s profit of $A1,803 million.

* Total operating income for the year was $A5,526 million, a 33 per cent decrease when compared with the prior year’s operating income of $A8,248 million. The decrease was the result of both market conditions and a significant increase in the level of write-downs and provisions during the year.

* International income2 decreased by 45 per cent to $A2,347 million, accounting for 52 per cent of total income.

* Banking and Financial Services Group’s (BFS) contribution to Macquarie’s total profit for the year to 31 March 2009 declined 142 per cent on the prior year as a result of one-off costs and provisions during the year.

2005 Annual Review

* Increase in employee numbers and continuation of business expansion and significant international achievements resulted in growth in international revenue of 83 per cent to $1.3 billion which was an increase of 1.273 billion.

* Subject to market conditions not deteriorating materially, the Bank expects continued good growth in revenue and earnings across most businesses and...