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2011 business review

Understanding our 2011 results.

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2011 financial review

Understanding our balance sheet and profit and loss.

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The case for investors

Why you should invest in Rathbones.

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Our business model

How our business works.

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FINANCIAL HIGHLIGHTS

Funds under management

2011: £15.85bn

2010: £15.63bn

+1.4%

Operating income

2011: £144.5m

2010: £127.2m

+13.6%

Underlying1 profit before tax

2011: £46.2m

2010: £38.5m

+20.0%

Profit before tax

2011: £39.2m

2010: £30.1m

+30.2%

Underlying1 earnings per share

2011: 78.79p

2010: 63.76p

+23.6%

Basic earnings per share

2011: 66.72p

2010: 49.76p

+34.1%

Dividends paid and proposed per share

2011: 46.0p

2010: 44.0p

+4.5%

CHAIRMAN'S STATEMENT

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We produced a solid performance in 2011 in difficult circumstances...

CHIEF EXECUTIVE'S STATEMENT

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We continue to be well positioned to take advantage of opportunities to welcome more investment managers and clients to Rathbones.