Australia and New Zealand Banking Group Ltd. — Annual Report 2019

Oct 30, 2019

FULL YEAR 2019 FINANCIAL RESULTS

KEY FINANCIAL RESULTS[1]

			80c
$5.95b STATUTORY		10.9% RETURN ON	FINAL DIVIDEND PER SHARE2
PROFIT -7%	$6.47b CASH PROFIT 0%	11.4% CET1 CAPITAL RATIO STABLE EQUITY -10BPS PARTIALLY FRANKED AT 70%		227.6c CASH EARNINGS PER SHARE +2%
DIVISIONAL RESULTS1
		A U S T R A L I A
$3.6b				$9.6b
CASH PROFIT	$208.0b		$331.9b	REVENUE
-10%	CUSTOMER		CUSTOMER	-6%
	DEPOSITS +3%	$3.7b	LENDING -3%
		EXPENSES
		0%
$1.5b CASH PROFIT -4%	$90.0b	N E W Z E A L A N D (IN NZD)	$126.0b	$3.5b REVENUE +2%
	CUSTOMER		CUSTOMER
	DEPOSITS		LENDING
	+3%		+4%
		$1.3b
		EXPENSES
		+5%
$1.9b CASH PROFIT +11%	2.28%	I N S T I T U T I O N A L	-13bps	$5.2b REVENUE +5%
	RISK ADJUSTED		CHANGE IN GROSS
	MARGIN3		IMPAIRED ASSETS
	+8BPS	$2.6b	(% OF GLA)
		EXPENSES
		-3%

HIGHLIGHTS

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Business initiatives

Migrated more than

60,000

users onto new Institutional customer self-service platform, providing access to all transaction accounts & payments in one place

Increased Australian home loan applications by more than

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30% in the most recent half through targeted campaign & operational improvements

Arranged ~$1.4b of social & wellbeing bond Building issuances trust, for housing leading in Australia with & NZ[4 ] purpose

Continued proactive approach to remediation, returning more $19.1b than

$100m

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funded and facilitated in environmentally sustainable solutions since 2015

to impacted customers

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Capital allocation & efficiency

Completed which reduced $3b buy-back shares on issue by 108.7m

Maintained strong liquidity & funding with Liquidity Coverage Ratio at

143%

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and Net Stable Funding Ratio at

116%

Delivered around

Funded and facilitated $260m $11.5b in low carbon and sustainable of productivity solutions[2] benefits driven by Expense control & business simplification productivity & process improvements

Investment spend increased by $185m to improve customer experience & origination systems and increased regulatory obligations

1. All financials are on a Cash Profit Continuing Basis with growth rates compared to the Full Year ended 30 September 2018 unless otherwise stated. Divisional results are presented on a Cash Profit Continuing Basis excluding large/notable items. 2. Proposed final dividend.

2. Excluding Markets business unit, calculated as net interest income divided by average credit risk weighted assets.

1. ANZ was Joint Lead Manager on $315m National Housing Finance and Investment Corporation social bond and Lead Manager for two Housing New Zealand wellbeing bonds for NZ$500m and NZ$600m.

anz.com