Aberdeen Asset

Aberdeen Asset Management plc Period End 30 September 2009

Aberdeen Asset Management plc Annual Report 2009

Costs expensed following acquisition reduce profit by 63%
UK asset manager Aberdeen Asset Management recognises migration and transitional costs that reduce its pre-tax profit by 63%, but falls short of IFRS by not disclosing the nature of goodwill acquired, as a report criticises the level of disclosure on material acquisitions in the UK.


Board risk procedures reassessed
UK asset manager Aberdeen Asset Management discloses that it intends to set up a dedicated board committee to review and monitor all aspects of risk. This coincides with a recommendation to this effect in the Walker report for major financial institutions.

Aberdeen Asset Management plc Period End 30 September 2008

Aberdeen Asset Management Annual Report 2008

Impairment of a seed capital investment reduces profit by 14.3%
UK financial services company Aberdeen Asset Management impairs by £8.64 million a seed capital investment that reduces profit before tax by 14.3%.


Financial market turmoil leads to reclassification of equity investments
UK financial services company Aberdeen Asset Management reclassifies equity investments, carried now at £6.4 million, from held for trading to available-for-sale following turmoil in global financial markets.

Aberdeen Asset Management plc Period End 30 September 2007

Aberdeen Asset Management Annual Report Year 2008

Issue of capital securities represents 32% of equity
UK financial services company Aberdeen Asset Management issues £198 million of perpetual subordinated capital securities that represent 32% of equity.