1、Annual Report 2019CIMIC Group I Annual Report 20191CIMIC Group is an engineering-led construction,mining,services and public private partnerships leader with a history dating back to 1899.CIMIC Group I Annual Report 20192Sydney Metro City&SouthwestCPB Contractors,Pacific Partnerships and UGL support
2、ed by EIC Activities,New South Wales,AustraliaCIMIC Group I Annual Report 20193Dear shareholders,CIMIC Group has a long-held objective of generating sustainable returns for shareholders,as we deliver projects for our clients while providing safe,rewarding and fulfilling careers for our people.In 201
3、9,our core operations of construction,mining and mineral processing,services and public private partnerships(PPPs)advanced our progress on this aim,achieving robust operating performances.We continued to win new work and deliver positive outcomes for our clients.Our operating companies achieved impr
4、oved returns,with net profit after tax(NPAT)(excluding the one-off impact from BIC Contracting(BICC)1)up 3%on 2018 to$800 million.Our decision to exit our financial investment in the Middle East will allow us to focus our resources and capital allocation on the growth opportunities in our core marke
5、ts in Australia,New Zealand and Asia Pacific.The one-off post tax impact of$(1.8)billion associated with this decision has resulted in statutory NPAT of$(1.0)billion.Consequently,we have not declared a final dividend for 2019.Notwithstanding this non-recurring impact on our 2019 financial results,le
6、aving the region is the appropriate long-term decision for our business and for our shareholders.Executive Chairmans reviewMarcelino Fernndez Verdes Executive Chairman*see page 13 for footnotesCIMIC Group I Annual Report 20194Looking forward,our prospects are positive,and we are confident about the