Investor Presentaiton
Macquarie FY20 result announcement I macquarie.com
Introduction
Overview of Result
Result Analysis and Financial Management
Outlook
Appendices
FY20 result: $A2,731m down 8% on FY19
O
MACQUARIE
2H20
1H20
$Am
$Am
2H20 v
1H20
FY20
$Am
FY19
FY20 v
$Am
FY19
Net operating income (excl. Credit and Other impairment
6,906
6,459
7%
13,365
13,306
charges)
Net credit impairment charges
(661)
(144)
359%
(805)
(320)
*
Other impairment (charges)/reversals
(240)
(235)
(232)
↑
152%
1%
Total operating expenses
(4,391)
(4,480)
2%
(8,871)
(8,887)
Operating profit before income tax
1,614
1,840
12%
3,454
3,867
11%
Income tax expense
(352)
(376)
6%
(728)
(879)
17%
Effective tax rate¹ (%)
21.6
20.5
21.0
22.8
Loss/(profit) attributable to non-controlling interests
12
(7)
5
(6)
Profit attributable to MGL shareholders
1,274
1,457
13%
2,731
2,982
8%
Annualised return on equity (%)
Basic earnings per share
Dividend per ordinary share
1. Calculation of the effective tax rate is after adjusting for the impact of non-controlling interests.
12.7
16.4
23%
$A3.62 $A4.30
16%
14.5
$A7.91
18.0
19%
$A8.83
10%
$A1.80 $A2.50
28%
$A4.30 $A5.75
25%
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