ThinkSmart Ltd. appointed Alistair Stevens as Chief Financial Officer and Company Secretary. Stevens previously served as Deputy CFO of BSkyB plc, one of the top 30 companies in the UK by market capitalisation, having worked at BSkyB for 13 years. His appointment is effective as of April 2012 and he will be based at ThinkSmart's head office in Perth. ThinkSmart has also appointed Andrew Deller as Managing Director of the UK business. Deller has over 20 years experience in operational, product, marketing and management roles in banking and consumer finance, including 10 years at Egg, the UK's first internet bank. Andrew commenced in his new role in January. Mark Randerson will also join the UK business from online retailer Shop Direct Group as Head of Sales and Business Development, UK. ThinkSmart has also appointed Matthew Dunstan from iiNet as Head of Sales and Business Development, Australia. Based on preliminary unaudited accounts, the company expects to report normalised 2011 NPAT of approximately AUD 7.4 million which includes the effects of transition to the new funding arrangements. This result excludes the NPAT impact of approximately AUD 500,000 one-off costs associated primarily with the exit of its Spanish and Italian operations as a result of its end of year review which was foreshadowed in the first half of 2011 results. The company expects that 2012 NPAT will be broadly unchanged from its statutory 2011 NPAT. The company expects its 2012 result will represent significant underlying growth on a restated non lease accounting basis (like for like with 2011).