This company just keeps getting better I love this holding keep...

This company just keeps getting better I love this holding keep it coming Aspen you are doing an unreal job....

Look at NPAT and increase of div.

Financial Performance
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Net Profit After Tax increased 114% to $73.82million
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Underlying Net Profit After Tax increased 81% to $33.49million
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Earnings per security increased 21.9% to 15.62 cents
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Full year distribution increased 27.5% to 12.75 cents

Strong appreciation in the value of Aspen’s property portfolio was a key driver in the headline profit result for the Group. Revaluation gains of $46.1 million were recorded for the financial year with Aspen’s property portfolio benefiting from strong leasing activity and firm market conditions.
Underlying profit increased 81%, substantially higher compared to the previous corresponding period. Key contributors to the profit result were higher revenues from the Group’s property portfolio following the MTAA House acquisition, coupled with investor demand for property related investment funds which underpinned higher fund management income.
Aspen Group Managing Director Angelo Del Borrello said, “astute property acquisitions and Aspen’s active management style have enabled us to capitalise on the firm commercial property market to establish a sound revenue base for the Group”.
Funds management income was 56.7% higher following substantial asset growth and establishment of several new syndicated funds. Mr Del Borrello said, “the growth in assets under management now provides a substantial base on which annual management fees are derived underpinning future income contributions from this division going forward”.
Aspen’s growing investment portfolio, comprising cornerstone equity positions in several of its syndicated funds management entities, also performed soundly during the year resulting in a contribution of $3.1 million to net profit, a substantial increase over the previous corresponding period.
Aspen was pleased to provide an uplift in distribution payments twice during the period, with the total distribution paid for the year of 12.75 cents per security representing an impressive 27.5% increase over the previous corresponding period. Significantly distributions were comfortably paid from the Group’s underlying earnings reflecting Aspen’s sound distribution policy.