21st Jan 2010 07:01
Change in presentation of financial results
21 January 2010
Henderson Group plc (the 'Group') plans to alter the presentation of its financial results. The Group profit/(loss) before and after tax and the earnings per share for each period remain as previously disclosed.
The alterations relate to the:
recognition of performance fee bonuses in staff compensation, by including the gross performance fees in income and including the associated staff bonuses in operating costs;
elimination of the 'Corporate' segment, by amalgamating Corporate Office operating costs with Henderson Global Investors' operating costs, and including the Corporate net interest expense in the total expenses; and
disclosure of operating margins instead of cost to income ratios, where 'operating margins' are calculated as:
Total fee income less operating costs divided by total fee income.
In order to assist the market's understanding, the Group today provides a historical financial summary, in the new format, for the financial years 2005 to 2008 and for the half-year ended 30 June 2009.
http://www.rns-pdf.londonstockexchange.com/rns/9016F_1-2010-1-21.pdf
The Group's results for the full year ended 31 December 2009 are scheduled to be announced on 24 February 2010.
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Further information
www.henderson.com or
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Investor enquiries
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Mav Wynn, Head of Investor Relations
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+44 (0) 20 7818 5135 or
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+44 (0) 20 7818 5310
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Henderson Group plc
47 Esplanade
St Helier
Jersey JE1 0BD
Registered in Jersey
No. 101484
ABN 67 133 992 766
Related Shares:
HGG.L