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4. Performance indicators
Parent Company
Performance against key measures:
Metric
Target
Performance
Impact on
incentive award
STI
Regular cash to the parent
company net of regular
expenses
4% higher than
previous year
1.3% higher than last year
Threshold performance
80% of target STI pool
awarded
Adjusted net asset value
(post tax) per share
2% higher than ASX200
Accumulation Index
10.6% higher than ASX200
Accumulation Index
Out performance
150% of target STI pool
awarded
LTI
The first test period will be for the three years ended 31 July 2018.
In its review of remuneration policies of KMP of the Parent Company the Remuneration Committee has regard to
the performance of the Consolidated Entity and Parent Company for the current and previous four financial years,
taking into account the following measures:
2012
2013
2014
2015
2016
$’000
$’000
$’000
$’000
$’000
Consolidated Entity
Revenue from continuing activities
912,359
791,315
658,116
641,604
620,661
Profit after tax attributable to shareholders
142,989
105,421
131,729
83,330
149,421
Parent Company
Net regular cash from operations
139,173
140,282
140,494
136,204
137,435
Share price at year end
$13.15
$13.50
$15.13
$13.70
$17.43
Ordinary dividends paid/declared
44 cents
46 cents
48 cents
50 cents
52 cents
New Hope Corporation Limited
Given the historically low coal price and profit performance of New Hope, it was agreed that no STI be paid for the
2016 financial year.