UOB Annual Report 2002 - United Overseas Bank
UOB Annual Report 2002 - United Overseas Bank
UOB Annual Report 2002 - United Overseas Bank
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Group Return On Average<br />
Shareholders' Funds<br />
<strong>2002</strong>: 8.3% – 2.5% points<br />
2001: 10.8%<br />
Group Return On Average<br />
Total Assets<br />
<strong>2002</strong>: 0.98% – 0.18% point<br />
2001: 1.16%<br />
2.0<br />
18<br />
1.8<br />
16<br />
1.6<br />
14<br />
1.4<br />
12<br />
1.2<br />
%<br />
10<br />
%<br />
1.0<br />
8<br />
0.8<br />
6<br />
0.6<br />
4<br />
0.4<br />
2<br />
0.2<br />
1998 1999 2000 2001 <strong>2002</strong><br />
<strong>UOB</strong> Group 5.7% 12.6% 13.5% 10.8% 8.3%<br />
Major Local 4.4% 10.6% 12.1% 9.6% 7.7%<br />
<strong>Bank</strong> Groups<br />
<strong>UOB</strong> Group Average Rate of Major<br />
Local <strong>Bank</strong> Groups<br />
1998 1999 2000 2001 <strong>2002</strong><br />
<strong>UOB</strong> Group 0.7% 1.4% 1.5% 1.2% 1.0%<br />
Major Local 0.5% 1.2% 1.4% 1.0% 0.8%<br />
<strong>Bank</strong> Groups<br />
<strong>UOB</strong> Group Average Rate of Major<br />
Local <strong>Bank</strong> Groups<br />
Dividends<br />
Dividend Payment<br />
<strong>2002</strong>: $720.4 million + 69.3%<br />
2001: $425.6 million<br />
Dividend Cover<br />
<strong>2002</strong>: 2.2 times<br />
2001: 2.2 times<br />
$ million<br />
800<br />
700<br />
600<br />
500<br />
400<br />
300<br />
#<br />
45%<br />
40%<br />
40%<br />
##<br />
58.8%<br />
9<br />
8<br />
7<br />
6<br />
5<br />
4<br />
3<br />
times<br />
200<br />
100<br />
18%<br />
2<br />
1<br />
1998 1999 2000 2001 <strong>2002</strong><br />
$ 133 416 316 426 720<br />
US$ 80 250 183 230 415<br />
times 2.5 5.0 + 2.9 2.2 2.2 + +<br />
Dividend Payment<br />
Dividend Cover<br />
Dividend Rate<br />
+ Dividend cover is 1.8 times if the special tax exempt bonus dividend is included.<br />
+ +<br />
Dividend cover is 1.5 times if the interim dividend in specie of 18.8% is included.<br />
# Includes special tax exempt bonus dividend of 25%.<br />
## Includes interim dividend in specie of 18.8%.<br />
UNITED OVERSEAS BANK 9