Investor Presentaiton
Macquarie FY20 result announcement I macquarie.com
Funding for Macquarie
Introduction
Overview of Result
Result Analysis and Financial Management
Outlook
Appendices
O
MACQUARIE
Mar 20
$Ab
Mar 19
$Ab
Funding sources
Certificates of deposit
Commercial paper
Net trade creditors
Structured notes
Secured funding
0.6
1.0
5.0
6.3
2.0
2.1
2.0
2.5
Well diversified funding sources
Minimal reliance on short-term wholesale funding markets
Deposit base represents 42% of total funding sources
Term funding beyond one year (excluding equity and securitisations)
has a weighted average term to maturity of 4.8 years²
3.8
5.8
Bonds
40.9
32.2
Other loans
1.2
1.2
Syndicated loan facilities
10.1
8.3
Customer deposits
67.1
56.0
Macquarie's term funding maturing beyond one year
(includes Equity and hybrids)³
Subordinated debt
3.5
3.0
$Ab
Equity and hybrids¹
Total funding sources
Funded assets
25.4
22.1
50
161.6
140.5
40
Cash and liquid assets
38.9
26.3
Self-securitisation
23.5
21.1
Net trading assets
23.2
21.3
232
30
20
Loan assets including operating lease assets less than one year
Loan assets including operating lease assets greater than one year
Debt investment securities
13.4
13.9
49.6
47.3
10
1.9
1.7
0
Co-investment in Macquarie-managed funds and other equity investments
Property, plant and equipment and intangibles
Total funded assets
7.4
5.9
1-2yrs
2-3yrs
3-4yrs
4-5yrs
5yrs+
3.7
3.0
161.6
140.5
■Debt
Subordinated debt
Equity and hybrids
1. Hybrid instruments include Macquarie Additional Capital Securities, Macquarie Capital Notes 2, 3 & 4, Macquarie Bank Capital Notes (BCN were redeemed in Mar 20) and Macquarie Income Securities (MIS were redeemed in Apr 20). 2. As at 31 Mar 20. 3. Includes drawn term funding
facilities only.
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