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## 6 Operating segments 

The Group’s chief operating decision maker is the Group Managing Director. The strategic business units offer different products and services, and are managed separately because they require different technology and marketing strategies. The principal products and services of each of these strategic business units are as follows: 

## Platform management and administration 

The provision of administration and management services through master trust platforms, which offer a single access point to a range of investment products. 

## Investment management 

The management and investment of monies on behalf of corporate, superannuation, institutional clients and private individual investor clients. Investment management segment includes revenue and results of the Perennial Group. 

## Financial advice and distribution 

The provision of financial planning advice supported by services such as investment research, training, compliance support and access to financial products. 

## Trustee services 

The provision of estate planning, trustee, custodial, agency and estate administration services to clients. 

## Corporate and other 

Corporate and other costs include those of a strategic, shareholder or governance nature incurred in carrying on business as a listed entity managing multiple business units. 

Information regarding the results of each reportable segment is included below. Performance is measured based on segment profit before income tax as management believes that such information is the most relevant in evaluating the results of certain segments relative to other entities that operate within these industries. 

## Reconciliation of reportable segment revenues and expenses 

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<img src='content_image/155373.jpg'>

