Financial review Investec delivered a solid set of results driven by strong performances from our balanced portfolio of businesses. This commentary and analysis of our financial results for the year ended 31 March 2007 provides an overview of our financial performance relative to the group’s results for the year ended 31 March 2006. Further detail on the performance of our business divisions is provided in the Divisional Review section of this report. The commentary and analysis are based on our consolidated financial results presented in accordance with IFRS denominated in Pounds Sterling. The financial information discussed below is based on the period under review, and may not necessarily reflect the financial condition or results of the operations of the group going forward. Solid growth record Adjusted earnings per share before goodwill and non operating items* Adjusted attributable earnings before goodwill and non-operating items Note: Results are shown for the year ended 31 March. Prior to 2005 the numbers are reported in terms of UK/SA GAAP and thereafter in terms of IFRS. * Historical EPS numbers have been adjusted for the 5:1 share split that took place on 4 September 2006.
0
60
1997
1998
1999
2004
2000
2001
2002
2003
50
40
30
10
20
2005
2006
2007
14.5
15.9
19.8
22.0
25.2
19.2
25.4
20.8
26.9
41.9
53.3
pence
 up 27.2% to 53.3p
0
320
1997
1998
1999
2004
2000
2001
2002
2003
280
240
200
80
160
2005
2006
2007
47.3
57.5
78.8
87.2
100.9
89.7
115.8
106.2
149.5
230.0
300.7
£’mn
120
40
 up 30.7% to £300.7 mn