Performance FY21 FY20 FY19 FY18 FY17
Cash return on average shareholders’ equity (%) 8.1 5.9 8.488.4
Return on average shareholders’ equity (%) 7.9 7.2 1.37.77.9
Return on average total assets (%)1.070.95 0.181.081.11
Basic cash earnings per share (cents) 83.29 59.01 86.2485.2089.30
Basic earnings per share (cents) 80.8671.93 13.5482.1783.84
Net profit after tax attributable to shareholders ($m)1,033 913 1751
1,0591,075
General insurance gross written premium ($m)10,5319,952 9,8119,559 9,456
Reported insurance trading result (%) 9.6 8.9 11.612.111.8
Underlying insurance trading result (%) 7.9 11.1 12.310.611.5
Bank total lending ($m) 57,563 58,024 59,29658,72855,337
Bank net interest margin (%) 2.07 1.94 1.902
1.84 1.83
Bank cost to income ratio (%)57.157.3 56.254.7 52.7
Effective income tax rate (%)30.632.13 29.832 32.5
Financial Strength FY21 FY20 FY19 FY18 FY17
Total assets ($m) 96,857 95,74796,235 99,333 97,109
Net assets ($m)13,448 12,784 13,133 13,973 13,790
Net tangible assets backing per share ($) 6.40 5.89 5.93 6.39 6.20
Group excess to common equity tier 1 capital target ($m)773 823 989 448 377
General insurance group total capital ratio (times PCA4) 1.70 1.681.85 1.84 1.77
Bank common equity tier 1 capital ratio (% RWA5) 10.07 9.34 9.27 9.079.23

Shareholder Summary FY21 FY20 FY19 FY18 FY17
Ordinary share price at end of year ($) 11.11 9.2313.47 14.59 14.82
Number of ordinary shares at end of period (million) 1.280 1,276 1,293 1,2921,285
Ordinary dividend per ordinary share, fully franked (cents) 66 36 70 73 73
Special dividend per ordinary share, fully franked (cents) 8- 8 - -
Dividend payout ratio (excluding special dividend) (%)79.3 60.7 81.2 85.881.9
Dividend payout ratio (including special dividend) (%)88.9 60.7 90.5 95.281.9
Market capitalisation ($m) 14.25411,81117,491 18,945 19,158

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

2. New NIM calculation methodology introduced

3. From continuing operations

4. Prescribed Capital Amount

5. Risk-weighted assets