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Examples
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The group expects a roughly A$150 million net income contribution from MAp Group this financial year, an infrastructure fund in which Macquarie holds a stake.
Macquarie Profit Falls, Outlook Cut Cynthia Koons 2011
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Macquarie once managed the fund but reclassified its 22% stake after MAp brought its management in-house.
Macquarie Expects Weaker First Half Ross Kelly 2011
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MAp recently announced it would return about A$1.5 billion to shareholders later this year, but wouldn't specify whether it will be in the form of a share buyback or cash distribution to investors.
Macquarie Expects Weaker First Half Ross Kelly 2011
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Macquarie's first half profit in fiscal 2011 was boosted by a A$114 million one-off gain from the reclassification of its investment in airport fund MAp Group.
Macquarie Expects Weaker First Half Ross Kelly 2011
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Middle Eastern MAp by Robert Chapman on Friday, Sep 1, 2006 at 6: 59: 54 AM
US Army Contemplates Redrawing Middle East Map to Stave-off Looming Global Meltdown 2006
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"Domestic traffic growth was impacted significantly by disruptions including the Qantas grounding and industrial actions," MAp and Sydney Airport chief executive Kerrie Mather said.
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MAp, previously known as Macquarie Airports, said its investors will benefit from owning an increased interest in Sydney airport, which will be the company's sole focus.
The Globe and Mail - Home RSS feed SUNNY FREEMAN 2011
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MAp also acquired the pension plan's 3.9 per cent interest in Copenhagen Airports at that time for 570-million Danish krone.
The Globe and Mail - Home RSS feed SUNNY FREEMAN 2011
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The guidance assumes the group will receive a boost from an accounting reclassification of Macquarie's investment in MAp.
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MAp group said disruptions during October were estimated to have affected approximately 95,000 passengers at Sydney airport, but it expects to recapture some of that loss in November.
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