Macquarie Group Limited (ASX:MQG) is seeking acquisitions. Macquarie's Chief, Nicholas Moore, said that the group continued to look for potential acquisitions, but was focused on "organic growth''.

Macquarie Group Limited advised that Catherine Livingstone will retire by rotation at the upcoming Annual General Meeting (AGM) on 25 July 2013. Catherine has notified the Board that she does not intend to seek re-election at the upcoming AGM and will retire as a Director of Macquarie Group and Macquarie Bank at that time. Catherine joined the Macquarie Bank Board in November 2003 and became Chairman of the Board Audit Committee in December 2005. Macquarie also advised that Peter Maher has announced his intention to retire from Macquarie Group after serving as Group Head of Banking and Financial Services ("BFS") for over 12 years. Peter will be leaving BFS following a record result in the current year, and having built and integrated a strong retail offering for Macquarie. Greg Ward has been appointed Group Head of BFS in addition to his current position as Deputy Managing Director of Macquarie Group Limited and Chief Executive Officer of Macquarie Bank Limited. Nigel Smyth retired as Head of the Market Operations and Technology Group on 1 January 2013 and will leave Macquarie on 1 July 2013. The Board resolved to pay a final ordinary dividend of AUD 1.25 per ordinary share (40% franked), up from AUD 0.75 in the first half (unfranked). The total ordinary dividend payment for the year was AUD 2.00 per ordinary share, up from AUD 1.40 in the previous year. This represents an annual dividend payout ratio of 79%. The record date is May 17, 2013 and payable on July 2, 2013.

Macquarie Group Limited reported consolidated and company earnings results for the year ended March 31, 2013. For the year, on consolidated basis, the company reported net interest income was AUD 1,367 million against AUD 1,333 million a year ago. Net operating income was AUD 6,700 million against AUD 6,963 million a year ago. Operating profit before income tax was AUD 1,405 million against AUD 1,049 million a year ago. Profit after income tax was AUD 872 million against AUD 762 million a year ago. Profit attributable to ordinary equity holders of Macquarie Group Limited was AUD 851 million or 246.1 cents diluted per share against AUD 730 or 202.3 cents diluted per share a year ago. Payments for the acquisition of associates and subsidiaries, net of cash acquired were AUD 1,224 million against AUD 815 million a year ago. Payments for the acquisition of property, plant and equipment, lease assets and intangible assets were AUD 553 million against AUD 812 million a year ago. Net cash out flows from operating activities AUD 448 million against net cash in flows from operating activities of AUD 4,412 million a year ago. For the year, the company reported net interest expense was AUD 74 million against AUD 106 million a year ago. Net operating income was AUD 1,188 million against AUD 386 million a year ago. Operating profit before income tax was AUD 1,174 million against AUD 370 million a year ago. Profit after income tax was AUD 1,197 million against AUD 415 million a year ago. Profit attributable to ordinary equity holders of Macquarie Group Limited was AUD 1,197 million against AUD 415 million a year ago. Net cash in flows from operating activities was AUD 449 million against AUD 822 million a year ago. The company provided earnings guidance for the fiscal 2014. While market volatility makes forecasting difficult, subject to market conditions it is currently expected that the fiscal 2014 net profit contribution from operating groups will be up on fiscal 2013. The tax rate is currently expected to be in the mid 30% range based on the present mix of income. Accordingly, the fiscal 2014 result for the Group is expected to be an improvement on fiscal 2013 provided market conditions for fiscal 2014 are not worse than those experienced over the past 12 months. The fiscal 204 result also remains subject to a range of other challenges including: the cost of its continued conservative approach to funding and capital; regulation, including the potential for regulatory changes; increased competition in some markets; and the overall cost of funding. Macquarie remains well positioned to deliver superior performance in the medium term, due to its deep expertise in major markets, strength in diversity, ability to adapt its portfolio mix to changing market conditions, the ongoing benefits of continued cost initiatives, a strong and conservative balance sheet, and a proven risk management framework and culture.