financial out holy guacomole

No wonder it was up today


delivers another record result with 61% earnings growth
Melbourne, 15 August 2007 – Computershare Limited (ASX:CPU) today reported its fourth consecutive record
annual result. Earnings per Share (on a Management Adjusted basis) grew 61% to 36.68 cents, which represents a
Management Adjusted Net Profit after Outside Equity Interest (OEI) of $219.4 million for the full year ended 30 June
2007. The Company experienced growth in total revenues of 17% to $1,418.4 million and in Operating Cash Flows of
75% to $321.0 million in FY07.
On a reported statutory basis for FY07, Net Profit after OEI was $233.8 million and Basic Earnings per Share was
39.08 cents (see Appendix 4E).
Headline Management Adjusted Results (figures in USD unless otherwise stated) for FY07 as follows:
• Management Earnings per Share (post OEI) rose from 22.74 cents (FY06) to 36.68 cents per share (an
increase of 61%);
• Total Operating revenues reached $1,418.4 million (an increase of 17% on FY06);
• Net Operating Cash Flow was $321.0 million (an increase of 75% on FY06), whilst Free Cash Flow grew
86% to $295.3 million;
• Management Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (Management EBITDA)
were up 54% on FY06 to $370.5 million;
• Management EBITDA margin increased from 20% (FY06) to 26%;
• Net Profit after OEI (on a Management Adjusted basis) was $219.4 million (an increase of 62% on FY06);
• Final dividend of AUD 9 cents per share unfranked payable on 21st September 2007 (record date of 7th
September 2007, declared and to be paid in Australian dollars);
• Operating expenses were $1,050.9 million, an increase over the prior corresponding period of 7%;
• Days Sales Outstanding as at 30 June 2007 fell to 43 days from 45 days at 30 June 2006;
• Capital expenditure was $25.7 million (FY06; $25.0 million); and
• Net Debt to Management EBITDA ratio fell from 1.68 times at 30 June 2006 to 0.94 times at 30 June 2007.
The Directors and Management have determined that the exclusion of certain items permits more appropriate and
meaningful analysis of the Company’s underlying performance on a comparative basis. Internally the organisation
focuses on the adjusted financial outcomes known as Management Adjusted Results and these are outlined in the
table below. The Company acknowledges that the adjustments are likely to differ from those reported in the statutory