COMPUTERSHARE ANNUAL REPORT 2008

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Computershare Limited Closed Group Income StatementRevenues from continuing operationsSales revenue 263,606 213,841Other revenues 277,924 165,887Total revenue 541,530 379,728Other income 90,512 34,170ExpensesDirect services 158,193 122,781Technology services 50,902 34,737Corporate services 26,907 29,695Finance costs 40,269 17,807Total expenses 276,271 205,020Share of net profit/(loss) of associates and joint ventures accounted for using the equity method 762 276Profit before income tax expense 356,533 209,154Income tax (expense)/benefit (29,613) (21,608)Net profit attributable to members of the parent entity 326,920 187,546Total changes in equity other than those resulting from transactions with owners as owners 326,920 187,546Set out below is a summary of movements in consolidated retained profits for the year of the Closed Group.Retained profits at the beginning of the financial year 140,681 74,708Profit after income tax expense/benefit 326,920 187,546Retained earnings of the entities excluded under new structure (7,635) -Dividends provided or paid (95,835) (121,573)Retained profits at the end of the financial year 364,131 140,6812008$0002007$00002-13Overview14-36Governance37-88Financials31. KEY MANAGEMENT PERSONNEL DISCLOSURES(a) Key management personnel compensationConsolidatedParent entity2008 2007 2008 2007$ $ $ $Short term employee benefits 6,881,643 6,414,240 4,143,746 4,117,705Other long term benefits 32,863 30,936 29,367 30,936Post employment benefits 172,651 137,851 126,929 127,710Payments on resignation/termination - 621,232 - -Share based payments 4,211,183 3,870,251 2,405,585 2,226,321Other 5,561 4,688 2,682 4,68811,303,901 11,079,198 6,708,309 6,507,360The Group has applied AASB 2008-4 Amendments to Australian Accounting Standard - Key Management Personnel Disclosures byDisclosing Entities, and as such detailed remuneration disclosures are provided in Sections A to C of the Remuneration Report onpages 26 to 31.(b) Option holdings of Company and Group key management personnelThere are no options over ordinary shares held by Company and Group key management personnel.89-92Reports93-96Further InformationPAGE 75
Notes to the Financial Statements(c) Share holdings of Company and Group key management personnelThe number of ordinary shares in Computershare Limited held during the financial year by each director and named Companyand Group key management personnel, including details of shares granted as remuneration during the current financial year andordinary shares provided as the result of the exercise of remuneration options during the current financial year, is included in thetable below.Granted asremuneration underBalance at beginninglong term incentiveOn marketBalance atof periodschemespurchases / (sales)Other30 June 2008DirectorsC.J. Morris 55,590,427 - (251,890) - 55,338,537A.N. Wales 30,092,384 - (1,000,000) - 29,092,384P.J. Maclagan 15,977,176 - 22,824 - 16,000,000A.S. Murdoch 524,800 - - - 524,800*W.S. Crosby 191,406 32,740 - - 224,146P.D. DeFeo 80,000 - - - 80,000*M. Kerber 40,000 - - - 40,000S.D. Jones 14,000 - - - 14,000W.E. Ford - - - - -*A.L. Owen - - 2,000 - 2,000Company and Group key management personnelP. Conn 306,073 17,339 (4,572) - 318,840S. Irving 147,594 4,050 - 637 152,281S. Rothbloom 152,250 38,250 (49,924) - 140,576T. Honan 63,439 14,793 (70,000) 604 8,836* Shareholding effective as at date of resignation.(d) Loans and other transactions to directors and other key management personnelComputershare has not made any loans to directors and executive directors or other key management personnel during thecurrent financial year.Computershare has not entered into other transactions with directors and executive directors or other key management personnelduring the current financial year other than those disclosed in note 33.32. REMUNERATION OF AUDITORSConsolidatedParent entity2008 2007 2008 2007$ $ $ $During the year the following fees were paid or payable for services provided bythe auditor of the parent entity, its related practices and non-related audit firms:Assurance services:Auditing or review of financial statements> PricewaterhouseCoopers Australia 830,666 624,534 604,585 568,696> Related practices of PricewaterhouseCoopers 1,996,797 1,377,748 - -2,827,423 2,002,282 604,585 568,696Other assurance services (a)> PricewaterhouseCoopers Australia 18,263 32,817 73,982 75,962> Related practices of PricewaterhouseCoopers 2,452,505 218,133 - -2,470,768 250,950 73,982 75,962Remuneration received, or due and receivable, by auditors otherthan the auditor of the parent entity and its affiliates for:Auditing or review of financial statements 45,917 26,101 - -Other services 20,436 50,148 - -(a) This relates primarily to regulatory and compliance reviews.PAGE 76 Computershare Annual Report 2008
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Management Discussion and AnalysisC
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North America Regional OverviewDesp
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2008 HIGHLIGHTS> Acted for all majo
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As at the date of this Annual Repor
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4. BOARD INDEPENDENCEThe Board has
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With limited exceptions, the Compan
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PricewaterhouseCoopers rotates audi
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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 50 and 51: 2. REVENUE AND EXPENSES FROM CONTIN
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 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
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COMPUTERSHARE ANNUAL REPORT 2008

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