The financial results for the full year ended 30 June 2008,...

The financial results for the full year ended 30 June 2008, compared to the previous corresponding period (pcp) as reported, demonstrate the following highlights:

- Gross billings of $1,175.2 million, up $914.2 million or 350% on pcp, or on a proforma basis1, up $224.2 million or 24% on pcp;

- Total Revenues of $190.8 million, up 131% on pcp, or on a proforma basis1, up $60.1 million or 46% on pcp;

- Normalised Operating EBIT2 of $32.3 million, up $18.3 million or 131% on pcp, or on a proforma basis1, up $8.9 million or 38% on pcp;

- Gross operating profit margin of 50%, up from 37% in the pcp;

- Profit after tax from ordinary activities (pre acquisition intangibles amortisation) of $19.5 million, up $10.1 million or 106% on the pcp;

- Reported net profit after tax of $18.2 million, up 102% on pcp;

- Cash surplus at period end (net of debt) of $13.3 million;

- Operating cash flow (pre income taxes and borrowing costs paid) of $37.1 million, up $3.2 million or 10% on the pcp;

- Basic and diluted earnings per share of 6.5 cents per share, up 2.0 cents per share or 44% on pcp; and

- Final dividend of 2.1 cents per share, fully franked, resulting in a full year dividend of 3.9 cents per share, up 1.9 cents per share or 95% on pcp.

Regards.