Annual Reports

The Annual Update provides a concise summary of the 2008 financial year of the Cromwell Group.

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• Record profit from operations of $70.8 million
• Total distributions for the year of 10.0 cps
• Distributions fully funded from operating earnings
• NTA stable at $1.01

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This Notice of Meeting outlines the items to be voted on at the Cromwell Group annual general meeting to be held in Brisbane on Wednesday 29th October 2008.

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The Annual Update provides a concise summary of the 2007 financial year of the Cromwell Group.

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• Record full-year profit of $113.9 million
• Net Tangible Assets of 96 cents per security, up 23% since December 2006
• Significant platform for ongoing growth.

 
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• Full year net profit of $7.9 million, up 63%.
• Assets under management increased by 87% to $1.37 billion.
• Final dividend of 4.50 cents per share.
• Over $200 million investment inflows for Cromwell managed funds.

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• Total revenue up 99% to $19.122 million.
• Assets under management increased by 35% to $732 million.
• Increased recognition of the Cromwell brand.
• Final dividend of 1.50 cents per share, underpinned by ongoing management fee income. 

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• Total revenue up 18% to $9.59 million.
• Assets under management increased by 55% to $544 million.
• Continued growth of wholesale and retail product distribution network.
• Continued growth of property management business.

 
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