ANZ 2023 Half Year Results
ANZ 2023 Half Year Results
OPERATING EXPENSES
Total operating expenses, $m
30
4,818
4,788
3.7%
131
231
1.8%
91
4,997
4,906
-274
2H22
FX
2H22 FX Adj.
Inflation¹
Digitisation Productivity &
regulatory
investment
reprioritisation
1H23 before
the impact of
M&A activity
Impacts of
M&A actvity
& NOHC³
1H23
& NOHC
This page may contain forward-looking statements or opinions. Please refer to ANZ's Disclaimer and Important Notice with respect to such statements on page 1
Basis: Cash Profit continuing operations
1. Includes revaluation of leave provisions
2.
Includes Cloud run & ANZ Plus run costs
3. Includes Suncorp Integration costs, NOHC establishment costs & costs previously attributed to discontinued operations
FY23 expense
expectations
It remains likely that total
expenses will increase by
circa 5% in FY23 (off FY22
base of $9.17b) on a
constant currency basis
Adjusting for FX
movements in the half the
equivalent cost base is
$9.22b
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