Investor Presentaiton
Results
FY20 results summary
$m
NII
FY20
FY19
A
27,599
30,339
(9)%
Non interest income
Revenue
22,767
24,605
(7)%
50,366
54,944
(8)%
ECL
(8,817)
(2,627)
>(100)%
Costs
Associates
Adjusted PBT
Significant items and FX translation
Reported PBT
(31,459)
(32,519)
3%
2,059
2,351
12,149
22,149
(12)%
(45)%
(3,372)
(8,802)
62%
8,777
13,347
(34)%
Reported profit after tax
6,099
8,708
(30)%
Profit attributable to ordinary shareholders
3,898
5,969
(35)%
Reported EPS, $
0.19
0.30
$(0.11)
Memo: impact of significant items on EPS, $
DPS, $
(0.13)
(0.43)
$0.30
0.15
0.30
$(0.15)
$bn
FY20
FY19
Δ
Customer loans
1,038
1,063
(2)%
Customer deposits
1,643
1,470
12%
Reported RWAS
858
843
2%
CET1 ratio, %
15.9
14.7
1.2ppt
TNAV per share, $
7.75
7.13
$0.62
FY20 highlights
FY20 & 4Q20 results
Reported PBT of $8.8bn down $4.6bn (34%) vs.
FY19, primarily from lower revenue and higher ECL, offset
by lower costs and lower significant items
FY20 adjusted costs decreased $1.1bn (3%) vs. FY19
including $1.4bn of cost saves 5; continued investment was
offset by reductions in discretionary spending
Significant items of $3.4bn, includes $0.3bn of losses
on disposal, decreased by $5.4bn vs. FY19
Customer loans decreased $25bn (2%) vs. FY19,
declines in CMB and GBM were offset by mortgage
growth in WPB
Customer deposits increased $173bn (12%) vs. FY19
as customers held liquidity
DPS of $0.15 per share, with policy designed to provide
sustainable dividends going forward³
7View entire presentation