• Net profit after tax and minority interests of $467 million notwithstanding the tougher trading conditions – an increase of 17 percent on a pre-unusuals basis, but a 4 percent decline against last year’s reported net earnings
  • Operating earnings up 9 percent to $768 million, with three of the five divisions improving performance
  • Disappointing results from the Formica acquisition, but significant operational improvement expected in the current year
  • $1.4 billion invested for growth
  • A further improvement in safety performance – with the lost time injury rate down by
    23 percen    t
  • Continued engagement with initiatives on greenhouse gas emissions
  • Total dividend for the year up from 45 to 48.5 cents per share
  • Strong focus on the fundamentals, maintaining earnings reliability and financial strength