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Client Assets Under Management and Administration
Net Income
Earnings Before Interest, Taxes, Depreciation and Amortization
 
 
 
   
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2002
 
2001
Change
 
Net income available to common shareholders (1) ($ millions)  
$     491.1
 
$     387.7
26.7
%
   Goodwill amortization (2)  
-
 
4.9
 
   Adjusted net income  
491.1
 
392.6
25.1
 
Diluted earnings per share (1)  
1.854
 
1.564
18.5
 
   Goodwill amortization (2)  
-
 
0.020
 
   Adjusted diluted earnings per share  
1.854
 
1.584
17.0
 
Dividends per share  
0.860
 
0.730
17.8
 
Return on equity  
19.2%
 
19.6%
 

($ millions)  
 
 
Mutual funds  
 
 
   Investors Group  
 
 
   Sales  
$  4,915.8
 
$  6,027.0
(18.4)
%
   Net sales  
(108.6)
 
1,030.6
(110.5)
 
   Assets under management  
37,588.1
 
41,644.0
(9.7)
 
   Mackenzie Financial Corporation (3)  
       
   Sales  
5,998.0
 

3,453.8

N/M

 
   Net sales  
288.1
 

23.7

N/M

 
   Assets under management  
30,860.1
 

33,399.6

(7.6)

 
   Combined mutual fund assets under
   management
 
68,448.2
 
75,043.6
(8.8)
 
   
 
 
Insurance in force (face amount)  
27,546.4
 
24,374.5
13.0
 
Securities operations assets under administration  
4,937.6
 
4,104.5
20.3
 
Mortgages serviced  
6,938.1
 
7,659.2
(9.4)
 
Deposits and certificates  
709.0
 
671.2
5.6
 

Clients  
2,578,173
 
2,624,614
(1.8)
%
Client accounts  
9,486,030
 
9,488,293
-
 
Consultants  
3,324
 
3,409
(2.5)
 
Employees  
3,285
 
3,650
(10.0)
 
Financial Planning Centres  
107
 
102

4.9

 
 
     
 

(1) Net income and earnings per share for the year ended December 31, 2001 exclude a restructuring charge of $95.6 million ($56.0 million after-tax) taken in the second quarter and goodwill amortization related to the acquisition of Mackenzie Financial Corporation.
(2) Represents goodwill amortization related to the Company's investment in affiliate to reflect accounting standards now in effect. (See Note 1 of the consolidated financial statements).
(3) Canadian operations only. 2001 results from acquisition date or as at December 31.
Note: Certain comparative figures in this report have been restated to conform with current year presentation.

 
 
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© Copyright 2003 Investors Group Inc.