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SEC Form 20-IS - iRemit Global Remittance

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Below are the comparative key performance indicators of the Company (Parent Company and subsidiaries):<br />

Performance Indicator Definition December 31, <strong>20</strong>09 December 31, <strong>20</strong>08<br />

Return on Equity (ROE)<br />

Net income* over average stockholders’ equity during the<br />

period<br />

11% 12%<br />

Return on Assets (ROA) Net income* over average total assets during the period 6% 8%<br />

Earnings per Share (EPS) Net income* over average number of outstanding shares PHP 0.24 PHP 0.23<br />

Sales Growth<br />

Total transaction value in USD in present period over the<br />

previous year<br />

2% 42%<br />

Gross Income Revenue less total cost of services (PHP millions) 547.7 565.4<br />

* Net Income attributable to equity holders of the Parent Company and Minority Interest. EPS computed using Net Income<br />

attributable to equity holders of the Parent Company for the year ended December 31, <strong>20</strong>09 and for the year ended<br />

December 31, <strong>20</strong>08 are PHP 0.25 and PHP 0.23, respectively.<br />

Below are the comparative key performance indicators of the Company’s subsidiaries:<br />

International <strong>Remittance</strong> (Canada) Ltd.<br />

Performance Indicator Definition December 31, <strong>20</strong>09 December 31, <strong>20</strong>08<br />

Return on Equity (ROE)<br />

Net income over average stockholders’ equity during the<br />

period<br />

33% 62%<br />

Return on Assets (ROA) Net income over average total assets during the period 10% 9%<br />

Earnings per Share (EPS) Net income over average number of outstanding shares PHP 18.18 PHP 26.60<br />

Sales Growth<br />

Total transaction value in USD in present period over the<br />

previous year<br />

11% 35%<br />

Gross Income Revenue less total cost of services (PHP millions) 99.7 85.8<br />

Lucky Star Management Limited<br />

Performance Indicator Definition December 31, <strong>20</strong>09 December 31, <strong>20</strong>08<br />

Return on Equity (ROE)<br />

Net income over average stockholders’ equity during the<br />

period<br />

47% 61%<br />

Return on Assets (ROA) Net income over average total assets during the period 14% 40%<br />

Earnings per Share (EPS) Net income over average number of outstanding shares PHP 11.18 PHP 15.67<br />

Sales Growth<br />

Total transaction value in USD in present period over the<br />

previous year<br />

<strong>20</strong>% 7%<br />

Gross Income Revenue less total cost of services (PHP millions) 21.4 <strong>20</strong>.9<br />

IRemit <strong>Global</strong> <strong>Remittance</strong> Limited<br />

Performance Indicator Definition December 31, <strong>20</strong>09 December 31, <strong>20</strong>08<br />

Return on Equity (ROE)<br />

Net income over average stockholders’ equity during the<br />

period<br />

60% 5%<br />

Return on Assets (ROA) Net income over average total assets during the period 4.08% 0.2%<br />

Earnings per Share (EPS) Net income over average number of outstanding shares PHP 10,021.79 PHP 666.34<br />

Sales Growth<br />

Total transaction value in USD in present period over the<br />

previous year<br />

-17% -4%<br />

Gross Income Revenue less total cost of services (PHP millions) 46.9 42.2<br />

I-Remit Australia Pty Ltd<br />

Performance Indicator Definition December 31, <strong>20</strong>09 December 31, <strong>20</strong>08<br />

Return on Equity (ROE)<br />

Net income over average stockholders’ equity during the<br />

period<br />

176% 108%<br />

Return on Assets (ROA) Net income over average total assets during the period 24% 17%<br />

Earnings per Share (EPS) Net income over average number of outstanding shares PHP 1,859,480.93 PHP 1,623,710.00<br />

Sales Growth<br />

Total transaction value in USD in present period over the<br />

previous year<br />

- -<br />

Gross Income Revenue less total cost of services (PHP millions) 0.2 0.4<br />

Worldwide Exchange Pty Ltd<br />

Performance Indicator Definition December 31, <strong>20</strong>09 December 31, <strong>20</strong>08<br />

Return on Equity (ROE)<br />

Net income over average stockholders’ equity during the<br />

period<br />

41% 91%<br />

Return on Assets (ROA) Net income over average total assets during the period 11% 45%<br />

Earnings per Share (EPS) Net income over average number of outstanding shares PHP 29.75 PHP 106.93<br />

Sales Growth<br />

Total transaction value in USD in present period over the<br />

previous year<br />

-5% 40%<br />

Gross Income Revenue less total cost of services (PHP millions) 32.6 35.0<br />

10

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