Standard Chartered PLC — Earnings Release 2005

Mar 2, 2006

Listed Company Information

Listed Company Information
STANCHART<02888> - Results Announcement (Summary) Standard Chartered PLC announced on 02/03/2006: (stock code: 02888 ) Year end date: 31/12/2005 Currency: USD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2005 from 01/01/2004 to 31/12/2005 to 31/12/2004 Note ('Million ) ('Million ) Turnover 3,4 : 4,335 3,182 Profit/(Loss) from Operations 3,4 : 2,681 2,251 Finance cost : N/A N/A Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI 3,4 : 1,946 1,578 % Change over Last Period : +23 % EPS/(LPS)-Basic (in dollars) 1,3,4 : 1.485 1.296 -Diluted (in dollars)2,3,4: 1.469 1.274 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items 3,4 : 1,946 1,578 Final Dividend : US 45.06 cents US 40.44 cents per Share (Specify if with other : In USD, HKD, GBP In USD, HKD, GBP options) or share dividend or share dividend Record Dates for Final Dividend : HK shareholders: 10 Mar 2006 (9:00 am HK Time) UK shareholders: 10 Mar 2006 (cob: UK Time) Payable Date : 12 May 2006 Record Dates for Annual General Meeting : HK shareholders: 3 May 2006 (5:00 am HK Time) UK shareholders: 2 May 2006 (10:00 pm UK Time) Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: (1) The calculation of basic earnings per share is based on earnings (after minority interest and preference share dividends and premium and costs paid on redemption of preference shares) of US$1,917 million (2004: US$1,520 million) and on the average of 1,290,916,000 shares (2004: 1,172 ,921,000 shares) outstanding during the period. (2) The calculation of diluted earnings per share is based on earnings of US$1,924 million (2004: US$1,543 million) and on the average of 1,309, 940,000 shares (2004: 1,210,853,000 shares) outstanding during the period, adjusted for the effects of all dilutive potential shares. (3) The results are all from continuing operations. (4) The financial statements of the group financial statements have been prepared and approved by the directors in accordance with International Financial Reporting Standards as adopted by the EU. The Group has prepared its financial statements in accordance with IFRS as adopted for use in the EU for the first time and has applied IFRS 1. The Group has taken advantage of the transitional arrangements of IFRS not to restate corresponding comparative amounts in accordance with IAS 32 and 39. These Standards were adopted on 1 January 2005. The effect of the transition to IFRS has been to increase profit before tax in 2004 by $93 million and increase total equity by $678 million. Upon adoption of IAS 32 and 39 on 1 January 2005, total equity increased by a further $766 million. (5) The following dividends were paid on preference shares 2005 2004 US$m US$m Non-cumulative irredeemable preference shares: 7 3/8 per cent preference shares of GBP1 each 14 14 8 1/4 per cent preference shares of GBP1 each 15 15 Non-cumulative redeemable preference shares: 8.9 per cent preference shares of $5 each 29 29