Investor Presentaiton
Overview of Macquarie
Operating Groups
1Q24 Update
Funded balance sheet remains strong
Term liabilities exceed term assets
31 Mar 23
330
$Ab
30 Jun 23
330
$Ab
Outlook
Appendix
300
300
ST wholesale issued paper 10%
ST wholesale issued paper 10%
270
Other debt maturing in the
next 12 months 16%
270
Cash and liquid assets 28%
Other debt maturing in the
next 12 months 18%
Cash and liquid assets 27%
240
240
Total customer deposits5
$A133.9b
Flat
210
210
Trading assets 14%
Trading assets 13%
Customer deposits 43%
ON MAR 23
Customer deposits 44%
180
180
Other loan assets (incl. op lease)
Other loan assets (incl. op lease)
< 1 year 5%
< 1 year 5%
150
150
120
120
Home loans 35%
Home loans 36%
90
Debt maturing beyond
90
12 months 228%
Debt maturing beyond
Term funding raised
$A2.9b
12 months 2 26%
60
60
60
60
Other loan assets (incl. op lease)
30
> 1 year ³ 14%
30
Equity and hybrids 13%
Equity and hybrids 12%
0
Funding sources
Equity investments and PPE 4 4%
Funded assets
0
Funding sources
30
Other loan assets (incl. op lease)
> 1 year ³ 15%
Equity investments and PPE 44%
Funded assets
Since
MAR 23
These charts represent Macquarie's funded balance sheets at the respective dates noted above. The funded balance sheet is a simple representation of Macquarie's funding requirements once accounting related gross-ups and self-funded assets have been netted down from the statement of financial position. The
funded balance sheet is not a liquidity risk management tool, as it does not consider the granular liquidity profiling of all on and off-balance sheet components considered in both Macquarie's internal liquidity framework and the regulatory liquidity metrics. 1. Other debt maturing in the next 12 months includes Secured
funding (including RBA TFF), Bonds, Unsecured loans, Structured notes and Net trade creditors. 2. Debt maturing beyond 12 months includes Subordinated debt, Structured notes, Secured funding (including RBA TFF as at Mar 23), Bonds and Unsecured loans not maturing within next 12 months. 3. Other loan assets
(incl. op lease) >1 year includes Debt investments. 4. Equity investments and PPE includes Macquarie's co-investments in Macquarie-managed funds and other equity investments. 5. Total customer deposits as per the funded balance sheet ($A133.9b) differs from total deposits as per the statutory balance sheet
($A134.1b). The funded balance sheet reclassifies certain balances to other funded balance sheet categories. 6. Issuances cover a range of tenors, currencies and product types and are AUD equivalent based on FX rates at the time of issuance. Includes refinancing of loan facilities.
O Macquarie Group Limited
41View entire presentation