Direc tors’ repor t (cont’d) Shareholder returns 1 Profit attributable to owners of the Company for 2008 to 2012 have been calculated in accordance with Australian Accounting Standards (AASBs). These include  restatement for the change in accounting policy for recognition of revaluation adjustments of Perennial share buy-back liabilities to reserves rather than profit or loss. 2 Return on equity is calculated by dividing UNPAT pre-amortisation by average capital on issue during the year. Returns to shareholders increase / decrease through both dividends and capital growth / decline. Dividends for 2012 and prior years  were fully franked. In respect of the financial year ended 30 June 2012, the Directors declared the payment of a final dividend of 18.0 cents per share  franked to 100% at 30% corporate income tax rate to the holders of fully paid ordinary shares to be paid on 17 October 2012. The  dividend will be paid to all shareholders recorded on the Register of members on 14 September 2012. The Directors declared the payment of an interim dividend of 19.0 cents per share franked to 100% at 30% corporate income tax rate  to the holders of fully paid ordinary shares paid on 4 April 2012. In respect of the financial year ended 30 June 2011, a final dividend of 22.0 cents per share franked to 100% at 30% corporate income  tax rate was paid to the holders of fully paid ordinary shares on 20 October 2011. The Group’s future growth will be underpinned by organic and acquisition initiatives. Organic growth will be advanced through:  Dividends Future developments The Group has completed several acquisitions in previous years. This experience will be utilised to continue to pursue acquisitions  within the Wealth Management sector on an opportunistic basis. Acquisitions will only be considered where they present a sound  strategic fit with existing operations and are priced reasonably for the expected value accretion to shareholders. The funding of  acquisitions will be considered on a case by case basis taking into account the relative cost of available funding sources and the  impact on balance sheet structure overall.  Further information on future developments is disclosed below in events occurring after balance sheet date. •  increasing brand and product awareness among financial advisers; •  enhancing the adviser and client experience through continued technology development and knowledgeable support staff; •  above benchmark performance in investment management; and •  continuous improvement in process efficiency to ensure operating costs are minimised. page 24 Years ended 30 June 2012 2011 2010 2009 2008 Profit attributable to owners of the Company ($’000s) 1 19,373  99,489  77,371 9,044  24,286  Basic EPS (cents per share) 8.4  43.1  33.7  7.4  35.6  Diluted EPS (cents per share) 8.3  42.9  33.6  7.3  35.1  UNPAT post amortisation 76,041  93,470  79,261  49,100  25,900  UNPAT EPS (cents per share) 32.8  40.5  34.5  21.4  37.9  Dividends paid ($’000s) 95,106  89,935  78,197  10,350  22,763  Dividends per share (cents per share) 41.0  39.0  34.0  15.0  33.0  Share price at start of year  $6.60   $5.99   $4.04   $5.10   $10.19  Share price at end of year  $6.05   $6.60   $5.99   $4.04   $5.10  UNPAT pre-amortisation 96,393  111,450  97,16 6 59,900  27,4 0 0 Return on equity (non-statutory measure) 2 11.1% 12.9% 11.4% 11.3% 14.1%