Full Year 2021 Australian Finance Group Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Australian Finance Group Limited Investor Briefing for AFG 2021 Full Year Results Announcement. (Operator Instructions)
I would now like to hand the conference over to Mr. David Bailey, CEO. Please go ahead.
Thanks very much, and good morning, everyone. It's very -- I'm pleased that you could join us today and talk through our FY '21 results, which would represent a record result for AFG.
If you go to Page 2 -- I'll just walk through the presentation. I won't touch on every line item in this, so we can move into questions. But the reported NPAT is up 35% to $51.3 million, which drives the final dividend of up -- being up of 57% to $0.074 per share. The underlying NPAT is up 37% as well to 49.6% (sic) [$49.6 million]. So this result is really a reflection of a -- really strong residential settlements, which were up by 28% to $43.6 billion. AFG Home Loans is a subset of that, also experienced a 10% increase in settlements to arrive at $3.45
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