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CIMIC Group Limited Annual Report 2016 |
Remuneration Report
Summary of special bonus payment to Mr Fernández Verdes
Mr Fernández Verdes was awarded by the Board a special bonus payment of $3,000,000 on 15 December 2016. Refer to the Company
Announcement on the ASX dated 15 December 2016 for more information on this payment.
The Board acknowledged that Mr Fernández Verdes’ achievements as CEO and Executive Chairman have exceeded expectations through
his successful leadership resulting in the exceptional performance of CIMIC Group throughout the transformation process which
commenced in 2014. The Board recognised that these changes have placed CIMIC Group in a robust and competitive position.
COMPANY PERFORMANCE
As required by the Corporations Act, the 5 year financial performance of the Group has been set out in the following table.
Year-on-year performance snapshot
Opening
share
price -
January
1
(A$)
Closing share
price -
December
2
(A$)
Share
price
apprecia-
tion (%)
Dividend
per share
paid (A$)
TSR
3
(%)
EPS
(A$)
PBT
(A$M)
NPAT
(A$M)
Return
on
equity
(%)
Cash flow
from
operations
(A$M)
Gross
debt to
equity
ratio
(%)
FY 2016
23.93
34.94
46.0
0.98 148.0 1.77
740
580
16
1,201
35.2
FY 2015
22.51
24.30
8.0
1.14
58.2 1.54
735
520
13
1,920
25.7
FY 2014
4
16.28
22.50
38.2
1.17
36.3 2.00
1,131
677
19
1,410
79.2
FY 2013
17.90
16.11
(10.0)
1.05 (38.8) 1.51
736
509
17
1,115
65.5
FY 2012
19.25
17.88
(7.1)
0.80 (45.8) 1.33
566
450
16
1,274
94.6
1.
Opening share price is determined as the market open price traded on the first trading day of the relevant financial year.
2.
Closing share price is determined as the market close price traded on the last trading day of the relevant financial year.
3.
TSR is determined over a rolling 3 year period.
4.
The December 2014 amounts shown above include both continuing and discontinued operations.
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