AXA Asia Pacific Holdings profit after tax, before investment experience and non-recurring items for the 12 months ended 31 December 2007 was up 12% to $604.8 million (2006 - $540.7 million).
Operating Earnings, the key profit indicator of the underlying performance of the business, again grew strongly, up 20% to $543.7 million (2006 - $454.5 million).
2007 full year results snapshot
31-Dec-07
31-Dec-06
Change
Operating Earnings ($'m)
543.7
454.5
20%
Investment Earnings ($'m)
195.0
210.0
(7)%
Profit after tax, before investment experience and non-recurring items ($'m)
604.8
540.7
12%
Normalised earnings per share before non-recurring items (cents)1
35.1
31.3
12%
Normalised return on equity before non-recurring items
16.9%
18.2%
Dividends per share (cents)
22.3
18.8
19%
Total debt / equity
35.0%
28.0%
1. Calculated after replacing Investment Earnings with normalised Investment Earnings of $195m (2007) and $210m (June 2006), adjusted for capital and currency impacts
