THE BUSINESS
Wesfarmers’ insurance division comprises three general insurance companies, two general insurance brokers, two premium funding businesses, superannuation and financial planning services and an insurance software developer.
The insurance operations include Wesfarmers Federation Insurance, Lumley General Insurance Australia and Lumley General Insurance New Zealand. The broking businesses are OAMPS Australia, OAMPS UK and Crombie Lockwood in New Zealand. The superannuation and financial planning businesses operate under the OAMPS banner.
The premium funding businesses operate as Lumley Finance in both Australia and New Zealand.
The insurance division also includes a specialist general insurance software developer, Koukia, which is majority-owned by Wesfarmers.
KEY FINANCIAL INDICATORS
03 |
04 |
05 |
06 |
07 |
|
| Revenue ($m) | 223.2 |
874.0 |
1,125.6 |
1,117.2 |
1,409.6 |
| Earnings before interest and tax ($m)# | 25.2 |
95.8 |
134.9 |
124.8 |
120.3 |
| Capital employed ($m) | 38.3 |
389.8 |
430.8 |
403.6 |
763.6 |
| Return on capital employed (%) | 65.8 |
24.6 |
31.3 |
30.9 |
15.8 |
| Capital expenditure ($m) | 2.6 |
7.6 |
14.1 |
20.8 |
14.9 |
 |
AIFRS |  |
AGAAP |
#2003 to 2004 before goodwill amortisation
