Performance FY19 FY18 FY17 FY16 FY15
Cash return on average shareholders’ equity (%) 8.4 8 8.4 8.2 8.9
Return on average shareholders’ equity (%) 1.3 7.7 7.9 7.8 8.5
Return on average total assets (%) 0.18 1.08 1.11 1.08 1.19
Basic cash earnings per share (cents) 86.24 85.20 89.30 85.18 93.14
Basic earnings per share (cents) 13.54 82.17 83.84 81.19 88.61
Net profit after tax attributable to shareholders ($m) 1751 1,059 1,075 1,038 1,133
General insurance gross written premium ($m) 9,811 9,559 9,456 9,031 8,872
Reported insurance trading result (%) 11.6 12.1 11.8 9.9 11.4
Underlying insurance trading result (%) 12.3 10.6 11.5 10.6 14.7
Bank total lending ($m) 59,293 58,716 55,324 54,280 51,918
Bank net interest margin (%) 1.79 1.84 1.83 1.86 1.85
Bank cost to income ratio (%) 56.2 54.7 52.7 52.5 53.4
Effective income tax rate (%) 29.42 32 32.5 30.7 31.4
Financial Strength FY19 FY18 FY17 FY16 FY15
Total assets ($m) 96,235 99,333 97,109 95,748 95,651
Net assets ($m) 13,133 13,973 13,790 13,570 13,518
Net tangible assets backing per share ($) 5.93 6.39 6.20 6.02 6.05
Group excess to common equity tier 1 capital target ($m) 990 448 377 346 570
General insurance group total capital ratio (times PCA3) 1.85 1.84 1.77 1.67 1.86
Bank common equity tier 1 capital ratio (% RWA4) 9.28 9.07 9.23 9.21 9.15
Shareholder Summary FY19 FY18 FY17 FY16 FY15
Ordinary share price at end of year ($) 13.47 14.59 14.82 12.18 13.43
Number of ordinary shares at end of period (million) 1,293 1,292 1,285 1,279 1,279
Ordinary dividend per ordinary share, fully franked (cents) 70 73 73 68 76
Special dividend per ordinary share, fully franked (cents) 8 8 - - 12
Dividend payout ratio (excluding special dividend) (%) 81.2 85.8 81.9 79.8 81.6
Dividend payout ratio (including special dividend) (%) 90.5 95.2 81.9 79.8 94.5
Market capitalisation ($m) 17,491 18,945 19,158 15,671 17,279

1. Impacted by the sale of the Australian Life Business, which resulted in a $910 million loss

2. From continuing operations (2018: 31.2%)

3. Prescribed Capital Amount

4. Risk-weighted assets