SUNCORP GROUP LIMITED — Audit Report / Information 2010

Aug 24, 2010

SUNCORP-METWAY LTD APS 330 DISCLOSURE : TABLE 16 CAPITAL ADEQUACY 30 JUNE 2010

Risk Weighted Balance 30-Jun-2010 $m 21 3 806 117 10,674 3,124 29310 981 15,863 560 3084 32,149 165 793 23 139 90 209 1,419 33,568 572 3,094 37,234 % 13.228% 14.715%

On-Balance Sheet Risk Weighted Assets Cash items Claims on Australian and foreign governments Claims on central banks, international banking agencies, regional development banks, ADIs and overseas banks Claims on securitisation exposures Claims secured against eligible residential mortgages Past due claims Other retail assets Corporate Other assets and claims Total Banking assets Off balance sheet positions Guarantees entered into in the normal course of Business Commitments to provide loans and advances Capital commitments Foreign exchange contracts Interest rate contracts Securitisation exposures Total off balance sheet positions Total Credit Risk capital charge Market risk capital charge Operational risk capital charge Total risk weighted assets Risk weighted capital ratios Tier 1 Total risk weighted capital ratios

SUNCORP-METWAY LTD APS 330 DISCLOSURE : TABLE 17 CREDIT RISK 30 JUNE 2010

Table 17A: CREDIT RISK BY GROSS CREDIT EXPOSURE - OUTSTANDING AS AT 30 JUNE 2010

	Table 17A: CREDIT RISK BY GROSS CREDIT	EXPOSURE - OUTSTANDING AS AT 30 JUNE 2010
	30-Jun-2010	Receivables due from other banks Trading securities Investment securities Loans, advances and other receivables Credit commitments Derivative instruments $m $m $m $m $m $m	Total Credit Risk $m	Impaired assets Past Due not Impaired > 90days Total not past due or impaired Specific Provisions $m $m $m $m
	Agribusiness Construction and development Financial services Hospitality Manufacturing Professional services Property investment Real estate - Mortgage Personal Government and public authorities Other commercial and industrial	- - - 3,249 18 - - - - 4,356 127 - 232 8,233 3,117 2,663 163 886 - - - 1,151 - - - - - 711 - - - - - 440 - - - - - 6,279 - - - - - 25,847 1,140 - - - - 569 - - - - - 6 - - - - - 3,084 217 -	3,267 4,483 15,294 1,151 711 440 6,279 26,987 569 6 3,301	205 22 3,040 58 1,304 90 3,089 282 - - 15,294 - 89 - 1,062 27 13 - 698 6 11 3 426 2 410 14 5,855 67 19 169 26,799 7 - 10 559 - - - 6 - 71 36 3,194 22
	Total gross credit risk	232 8,233 3,117 48,355 1,665 886	62,488	2,122 344 60,022 471
	Eligible securitised loans Total including eligible securitised loans	- - - 3,463 - -	3,463	3,463
		232 8,233 3,117 51,818 1,665 886	65,951	2,122 344 63,485 471
	Impairment provision		(672)	(471) (30) (171)
	TOTAL		65,279	1,651 314 63,314 471

Table 17A: CREDIT RISK BY GROSS CREDIT EXPOSURE - AVERAGE GROSS EXPOSURE OVER PERIOD - 01 APRIL 2010 to 30 JUNE 2010

	Table 17A: CREDIT RISK BY GROSS CREDIT	EXPOSURE - AVERAGE GROSS EXPOSURE OVER PERIOD - 01 APRIL 2010 to 30 JUNE 2010
	30-Jun-2010	Receivables due from other banks Trading securities Investment securities Loans, advances and other receivables Credit commitments Derivative instruments $m $m $m $m $m $m	Total Credit Risk $m	Impaired assets Past Due not Impaired > 90days Total not past due or impaired Specific Provisions $m $m $m $m
	Agribusiness Construction and development Financial services Hospitality Manufacturing Professional services	- - - 3,301 20 - - - - 5,187 137 - 178 7,641 3,083 2,702 160 859 - - - 1,290 - - - - - 762 - - - - - 488 - -	3,321 5,324 14,623 1,290 762 488	207 29 3,083 61 1,337 96 3,891 294 - - 14,621 - 61 2 1,227 25 13 5 743 6 10 3 475 3
	Property investment Real estate - Mortgage Personal Government and public authorities Other commercial and industrial	- - - 6,324 - - - - - 25,775 1,131 - - - - 583 - - - - - 7 - - - - - 3,416 288 -	6,324 26,906 583 7 3,704	363 12 5,948 85 24 149 26,734 10 - 5 578 - - - 7 - 155 19 3,530 50
	Total gross credit risk	178 7,641 3,083 49,835 1,736 859	63,332	2,170 320 60,837 534
	Eligible securitised loans Total including eligible securitised loans Impairment provision TOTAL	- - - 3,169 - -	3,169	3,169
		178 7,641 3,083 53,004 1,736 859	66,501 (745)	2,170 320 64,006 534 (534) (21) (190)
			65,756	1,636 299 63,816 534

Table 17B: CREDIT RISK BY PORTFOLIO

30-Jun-2010	Gross Credit Risk Exposure Average Gross Exposure Impaired assets Past Due not Impaired > 90days Specific Provisions Charges for Specific Provisions & Write offs $m $m $m $m $m $m
Claims secured against eligible residential mortgages Other retail Financial services Government and public authorities Corporate and other claims Total	26,987 26,906 19 169 7 1 569 583 - 10 - 3 15,294 14,623 - - - - 6 7 - - - - 19,632 21,213 2,103 165 464 119
	62,488 63,332 2,122 344 471 123

Table 17C: GENERAL RESERVES FOR CREDIT LOSSES

Table 17C: GENERAL RESERVES FOR CREDIT LOSSES	Table 17C: GENERAL RESERVES FOR CREDIT LOSSES
30-Jun-2010	$m
Collective provision for impairment Ineligible CP on Past Due not Impaired Eligible Collective Provisions FITB relating to collective provision Equity Reserve for credit lossess General Reserve for Credit losses	201 (30)
	171 (51) 226
	346

SUNCORP-METWAY LTD

APS 330 DISCLOSURE : TABLE 15 CAPITAL STRUCTURE 30 JUNE 2010

	30-Jun-10 $m
Tier 1 Ordinary share capital Subsidiary share capital (eliminated upon consolidation) Reserves Retained profits Preference shares Insurance liabilities in excess of liability valuation Less goodwill, brands Less software assets Less other intangible assets Less deferred tax asset Less other required deductions Less tier 1 deductions for investments in subsidiaries capital support , Total tier 1 capital Tier 2 APRA general reserves for credit losses Asset Revaluation Reserve Subordinated notes Less tier 2 deductions for investments in subsidiaries, capital support Total tier 2 capital Total capital base	12,783 - - 847 879 - (7,809) (61) (95) (191) - (1 428) ,
	4,925 346 7 1,628 (1,428)
	553
	5,478