Financial Performance and Remediation Update
COVID-19 NON-RETAIL SECTORS REMAIN CHALLENGED
KEY CONSIDERATIONS
Continued close monitoring of exposures to sectors
significantly impacted by COVID-19
While asset quality for these sectors improved
compared with 1H21, it remains materially worse than
for the total non-retail book
EAD broadly stable vs 1H21
FLAs for non-retail COVID-19 sectors now account
for 100% of non-retail FLAS
COVID-19 SECTORS - KEY METRICS SUMMARY
Retail Trade
Tourism, Hospitality &
Entertainment¹
% of 90+ DPD and
EAD $bn
GIA to EAD
Mar 21
Sep 21
Mar 21
Sep 21
14.5 5 14.6
1.71
1.24
13.5
5 1
13.6
1.23
1.13
Air travel and related services
Office, retail, tourism & leisure
CRE²
10.1
8.8
0.77
0.80
41.6
42.4
0.21
0.15
Total COVID-19 non-retail
sectors
79.7
79.4
0.72
0.59
100%
88%
89%
COVID-19 SECTORS VS TOTAL NON-RETAIL BOOK
90+ DPD & GIA % of EAD
COVID-19 SECTOR FLAS % OF TOTAL NON-RETAIL FLAS³
0.72%
0.64%
0.57%
0.59%
52%
0.44% 0.45%
0.40%
0.29%
(2)
COVID-19 sectors
Total non-retail book
■ Mar 20 ■Sep 20 Mar 21 ■ Sep 21
Mar 20 Sep 20 Mar 21 Sep 21
(1) Tourism, hospitality and entertainment include regulatory industry classification of accommodation and hospitality, plus cultural and recreational services
CRE EAD figures are limits based on ARF230 and the FLAS relate to the whole CRE portfolio with Office, Retail, Tourism and Leisure CRE most impacted by COVID-19 stress
(3) Refer page 75 for a breakdown of target sector FLAS
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