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Perpetual Limited Earnings Release 2012
10538_rns_2012-08-29_d3b4e034-3c58-41d2-84fe-c57929ade1af.pdf
Earnings Release
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30 August 2012
The Manager Company Announcements Australian Securities Exchange Limited 20 Bridge Street Sydney NSW 2000
ABN 86 000 431 827
Angel Place Level 12, 123 Pitt Street Sydney NSW 2000 Australia
GPO Box 4172 Sydney NSW 2001 Australia
Telephone 02 9229 9000 Facsimile 02 9232 8936 www.perpetual.com.au
Dear Sir / Madam
Perpetual Limited – Preliminary Final Report (Appendix 4E) for the year ended 30 June 2012.
The Directors of Perpetual Limited (the "Company") announce the audited results of the consolidated group for the year ended 30 June 2012 as follows:
| Results for announcement to the marketExtracted from 30 June 2012 Annual Financial Report | $'000 | %Movement |
|---|---|---|
| Revenue from ordinary activities excluding income from structured investments (1) | 357,498 | -12% |
| Net profit after tax attributable to equity holders of Perpetual Limited | 26,679 | -57% |
| Underlying net profit after tax excluding significant items attributable to equityholders of Perpetual Limited | 67,623 | -7% |
1 Structured investments revenue totalled $42,010,000 (30 June 2011: $69,149,000).
| Dividend information | Amounts perShare(cents) | Frankedamounts perShare (cents) | Tax Rate forFranking |
|---|---|---|---|
| Interim dividend per share (paid 29 March 2012) | 50 | 50 | 30% |
| Final dividend per share (to be paid 5 October 2012) | 40 | 40 | 30% |
| Total dividends per share for the year | 90 | 90 |
| Final dividend dates | |||
|---|---|---|---|
| Ex-dividend date | 7 September 2012 | ||
| Record date | 13 September 2012 | ||
| Payment date | 5 October 2012 | ||
| Net tangible assets | 30-Jun-12 | 30-Jun-11 |
|---|---|---|
| Net tangible assets per security | $3.23 | $4.50 |
Additional Appendix 4E disclosure requirements can be found in the notes to the 2012 Perpetual Limited consolidated financial statements included in the Annual Report.
This report is based on the consolidated financial statements which have been audited by KPMG.
Dividend Reinvestment Plan (DRP)
The Perpetual Board has determined that in relation to the 2012 final dividend the DRP, will operate as follows:
- The allocation price at which shares are allocated will not include a discount;
- The pricing period for setting the Average Market Price will be the 10 trading days commencing 14 September 2012 and ending 27 September 2012; and
- Shares allocated under the DRP will, from the date of Allocation, rank equally in all respects with existing Shares.
The DRP discount and other terms are reviewed prior to each dividend payment and the DRP terms that will apply to future dividends will be announced to the ASX at the relevant times.
The DRP terms that apply to the dividend, and a complete copy of the DRP Rules, can be found within the Shareholder Centre section of Perpetual's website at http://shareholders.perpetual.com.au and select Shareholder services.
Last Election Date for Participation in the 2012 Final Dividend DRP
If shareholders wish to participate in the DRP for the upcoming dividend, or to change their level of participation, they must complete a DRP Participation Notice and return it to Perpetual's share registry, Link Market Services, by no later than 5:00pm, Australian Eastern Standard Time, on 13 September 2012.
The remainder of the information requiring disclosure to comply with listing rule 4.2A is contained in the statutory financial report, media release and additional information.
Further information regarding Perpetual and its business activities can be obtained by visiting the company's website at www.perpetual.com.au.
Yours faithfully
Roger Burrows Chief Financial Officer