COMPUTERSHARE ANNUAL REPORT 2008

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2. REVENUE AND EXPENSES FROM CONTINUING OPERATIONSConsolidatedParent Entity2008 2007 2008 2007$000 $000 $000 $000(a) RevenuesSales revenueRendering of services 1,563,971 1,404,197 - -Other revenueDividends received from:> other persons 314 92 1 9> subsidiaries - - 175,246 49,042Interest received from:> other persons 7,286 8,400 1,101 1,188> subsidiaries - - 380 1,847Other fees received from subsidiaries - - 95,078 73,963Total other revenue 7,600 8,492 271,806 126,049Total revenue from continuing operations (excluding share of net profits ofassociates and joint ventures accounted for using the equity method) 1,571,571 1,412,689 271,806 126,049(b) ExpensesDepreciation and amortisationDepreciation of property, plant and equipment 28,560 22,803 494 479Amortisation of:> Leased assets - 203 - -> Leasehold improvements 4,513 3,155 - -> Intangible assets 6,595 5,811 - -> Other 7 50 - -Total depreciation and amortisation 39,675 32,022 494 479Finance costsInterest paid:> to other persons 40,259 30,800 - -> to subsidiaries - - 5,254 2,983Loan facility fees 1,271 294 - -Total finance costs 41,530 31,094 5,254 2,983Other operating expense itemsOperating lease rentals 52,629 39,512 - 6Technology spending - research and development 64,789 43,296 - -Employee entitlements expense 601,527 540,671 9,262 9,948Net charge to provision for doubtful trade debts 3,314 1,513 - -02-13Overview14-36Governance37-88Financials89-92Reports93-96Further InformationPAGE 49
Notes to the Financial StatementsConsolidatedParent Entity2008 2007 2008 2007$000 $000 $000 $0003. OTHER INCOMENet foreign exchange gains/(losses) 1,403 204 10,157 1,437Net gain on disposal of available for sale investments 2,747 12,501 2,387 -Net gain on disposal of property, plant and equipment - 66 - -Net gain on fair value of held for trading assets 3,715 - - -Other income 7,324 2,539 - 10Total other income 15,189 15,310 12,544 1,4474. INDIVIDUALLY SIGNIFICANT ITEMSIncluded in the consolidated income statement are the following significant items:For the year ended 30 June 2008: $000Restructuring provisions related to business combinations (net of tax)QMT acquisition (6,915)North America> Equiserve restructuring provisions adjustment 2,927> Property restructure (1,913)Other acquisitions (299) (6,200)Loss on disposal of controlled entities (480)Tax losses recognised 1,746Marked to market adjustments – derivatives (net of tax) 964Intangible asset amortisation (net of tax) (4,641)Other 193Net individually significant item expense (8,418)For the year ended 30 June 2007: $000Profit on sale of subsidiaries (net of tax)> Analytics 7,658> Other 228 7,886Canadian operations restructure (net of tax) (1,254)Restructuring provisions related to business combinations (net of tax)North America> Equiserve restructuring provisions adjustment 6,607> Property restructure (1,275) 5,332Tax losses recognized 6,819Marked to market adjustments – derivatives (net of tax) (179)Intangible asset amortisation (net of tax) (4,246)Net individually significant item income 14,358PAGE 50 Computershare Annual Report 2008
Page 7 and 8: Management Discussion and AnalysisC
Page 9 and 10: North America Regional OverviewDesp
Page 12: 2008 HIGHLIGHTS> Acted for all majo
Page 16 and 17: As at the date of this Annual Repor
Page 18 and 19: 4. BOARD INDEPENDENCEThe Board has
Page 20 and 21: With limited exceptions, the Compan
Page 22 and 23: PricewaterhouseCoopers rotates audi
Page 24 and 25: DIVIDENDSThe following dividends of
Page 26 and 27: LIKELY DEVELOPMENTS AND FUTURE RESU
Page 28 and 29: No incentives, either short or long
Page 30 and 31: In the case of key management perso
Page 32 and 33: Key management personnel and most h
Page 34 and 35: Value of options included in key ma
Page 36 and 37: Details of the amounts paid to the
Page 38 and 39: Income Statements for the year ende
Page 40 and 41: Statements of Changes in Equity for
Page 42 and 43: Notes to the Financial Statements1.
Page 44 and 45: Impairment of assetsAll non-current
Page 46 and 47: Business combinationsThe purchase m
Page 48 and 49: HedgingThe Group documents at the i
Page 52 and 53: 5. INCOME TAXa) Income tax expenseC
Page 54 and 55: Reconciliation of weighted average
Page 56 and 57: ConsolidatedLand atcost$00016. PROP
Page 58 and 59: ConsolidatedParent Entity2008 2007
Page 60 and 61: Impairment tests for goodwillGoodwi
Page 66 and 67: Nature and purpose of reservesi. Fo
Page 68 and 69: Defined Benefit Funds1) Karvy Compu
Page 70 and 71: Name of subsidiaryPlace of incorpor
Page 72 and 73: Name of subsidiaryPlace of incorpor
Page 74 and 75: The assets and liabilities arising
Page 76 and 77: Computershare Limited Closed Group
Page 78 and 79: 33. RELATED PARTY DISCLOSURESKey ma
Page 80 and 81: (a) Interest rate riskInterest rate
Page 82 and 83: The consolidated entity minimises c
Page 84 and 85: (c) OtherThe Group is subject to re
Page 86 and 87: SECONDARY BASIS - Business Segments
Page 88 and 89: 40. ASSOCIATED ENTITIESDetails of i
Page 90 and 91: Directors’ DeclarationIn the dire
Page 92 and 93: Independent Auditor’s Report02-13
Page 94 and 95: Shareholder InformationThis section
Page 96 and 97: Office Locations02-13Overview14-36G
Page 98: HEAD OfficeComputershare LimitedABN

COMPUTERSHARE ANNUAL REPORT 2008

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