The report provides review and analysis of financial performance of the ASX50 group of companies as an indicator of the economy in general.
- Reported non-statutory profit measures for the 12 months to December 2013 exceed the statutory figures by 23 percent.
- Reported statutory and non-statutory profit before tax indicates that the annual performance of the ASX50 group as a whole has improved on 2012 but the result is mixed across sectors.
- Annual impairment charges for the ASX50 group have decreased by 33 percent.
- Receivables impairment charges were 27 percent lower than any of the other 5 years in the survey with a low interest rate environment likely to have been a key factor.