Group  Highlights 3 AGL’s underlying profit for the year was  $431.1 million, an increase of 0.5% on last year,  reflecting the effects of the unusual summer  weather experienced in eastern Australia. $656.6m Operating EBIT ($million) 606.7 1 652.1 656.6 2009 2010 2011 $431.1m Underlying Profit ($million) 378.8 428.9 2009 431.1 2010 2011 94.4 cents EPS – underlying (cents) 85.0 95.6 94.4 2009 2010 2011 5.0 TIFR 2 6.0 2.7 5.0 2009 2010 2011 1 Excludes EBIT of $36.4m from assets sold in FY2009 2 Total Injury Frequency Rate 30 June  2011 $m 30 June  2010 $m 30 June  2009 $m Profit after tax from continuing operations 558.7 356.1 718.2 Profit after tax from discontinued operations – – 877.9 Profit after tax attributable to shareholders 558.7 356.1 1,596.1 Adjust for the following after tax items: Signifi cant items 27.3 (49.9) (1,441.3) Changes in fair value of financial instruments (154.9) 122.7 251.0 Pro-forma adjustment – – (27.0) Underlying profit 431.1 428.9 378.8 Increase in underlying profit 0.5% 13.2% 11.1%