Magellan Financial Group Ltd (MFG) 2009年年度报告「ASX」.pdf

1、 2009 ANNUAL REPORT Annual Investor Letter4Directors Report10Auditors Independence Declaration20Corporate Governance Statement21Income Statement27Balance Sheet29Statement of Changes in Equity30Statement of Cash Flows34Notes to the Financial Statements35Directors Declaration72Independent Auditors Rep

2、ort73Shareholder Information75Corporate Directory77CONTENTS4 4 SEPTEMBER 2009Dear Investor,Magellan Financial Group Limited(Magellan or Group)recorded a full year net loss after tax of$12,365,000 for the year ended 30 June 2009(2008:$6,203,000 profit).OVERVIEW OF RESULTSThe Groups underlying operati

3、ng result,excluding significant items and unrealised mark-to-market investment losses,was a profit after tax of$1.1 million.This compares with a corresponding underlying operating loss after tax for the previous financial year of$1.6 million.The Groups reported result includes:revenues,excluding rea

4、lised and unrealised investment losses and foreign exchange losses,of$9.8 million compared with underlying revenues of$9.6 million for the previous corresponding period;total operating expenses of$7.7 million,compared with total operating expenses of$11.6 million for the previous corresponding perio

5、d.We had originally forecast total operating expenses for the 2009 financial year of approximately$10 million and we revised this estimate to$7.3 million at the time of the release of the Groups half year results.The total operating expenses of$7.7 million for the 2009 financial year included a non-

6、recurring non-cash charge in respect of the Companys share purchase plan of$0.47 million,which was incurred in the last six months;non-recurring and non-cash significant items which reduced the reported result by$2.8 million after tax.Each of these items represent accounting entries which we believe