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Strategy and annual targets

Strategy

Achieve 10% - 15% growth in combined total assets and securitized mortgages for 2008.
Maintain a return on equity of 20% per annum.

Annual Targets (as stated in the 2008 Annual Report)

  2009 Target
Return on equity 20 %
Total Net Earnings 10% - 15%%
Fully diluted earnings per share 10% - 15%
Combined total assets 10% - 15%

  2008 Target Actual
Return on equity 25% 27.8%
Earnings growth 20% 20.4%
Growth in earnings per share 20% 20.9%
Combined total assets 20% 30.9%