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## Remuneration repor t (cont’d) 35 40 45 50 UNPAT EPS (Cents) 

## 7.3 Consequences of performance on shareholder wealth 20 25 30 

In considering the Group’s performance and benefits for shareholder wealth, the Remuneration Committee have regard to the following indices in respect of the current financial year and the previous four financial years. 2010 2011 2012 2013 2014 2009 AGM Approved Targets 2010 AGM Approved Targets 2011 AGM Approved Targets ACTUAL UNPAT EPS 

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* Return on equity is calculated by dividing UNPAT pre-amortisation by average capital on issue during the year. 

## Underlying Profit & STI Payments 

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STI payments prior to 2009 reflect the lower size and profitability of Group prior to its acquisitions of IOOF Global One (formerly Skandia) and Australian Wealth Management in 2009. STI payments during that period were provided to a leadership team which was of approximately the same size and depth of experience as is currently employed. In 2009, the acquisitions noted previously precipitated a number of accelerated STI payments as the executive teams from each of the merging entities were reduced to avoid duplication of roles and allow for realisation of synergies. In the periods post 2009, STI payments broadly conform to the Group’s increased profitability and scale. As is consistent with the Group’s adherence to effective cost management, STI levels from 2010 to 2012 have been constrained and recognise KPIs specific to individuals rather than being rigidly tied to enhanced profitability. 

