Investor Presentaiton
Overview of Macquarie
Operating Groups
1Q23 Update
Outlook
Appendix
Basel III capital position
• APRA Basel III Group capital at Jun 22 of $A34.1b; Group capital surplus of $A10.1b1,2
• APRA Basel III Level 2 CET1 ratio at Jun 22: 12.3%; Harmonised Basel III Level 2 CET1 ratio: 15.6%
Group regulatory surplus: Basel III (Jun 22)
$Ab
14.0
12.0
10.0
(3.4)
8.0
14.1
Based on 8.5%
6.0
(minimum Tier 1
ratio + CCB)
10.7
40
4.0
2.0
(0.9)
(1.2)
1.5
10.1
3.5
13.6
APRA Basel II|
0.0
Harmonised Basel III
at Mar 22³
3
APRA Basel III
'super equivalence'
APRA Basel III
at Mar 22
FY22 Dividend net of
DRP Issuance
Business capital
requirements
4
Other movements
APRA Basel III
at Jun 22
'super equivalence's
Harmonised Basel III
at Jun 22
1. The capital surplus shown is above regulatory minimums including the capital conservation buffer (CCB), per APRA ADI Prudential Standard 110, calculated at 8.5% RWA on a Level 2 basis for MBL. This surplus also includes provision for internal capital buffers, forthcoming regulatory changes, as well as differences between Level 2 and Level 1 capital requirements, including
the $A500m Level 1 operational capital overlay imposed by APRA from 1 Apr 21. 2. Based on materiality, the 8.5% used to calculate the Group capital surplus does not include the countercyclical buffer (CCYB) of ~1bps. The individual CCyB varies by jurisdiction and the Bank Group's CCyB is calculated as a weighted average based on exposures in different jurisdictions. 3. Basel
Ill applies only to the Bank Group and not the Non-Bank Group. 'Harmonised' Basel III estimates are calculated in accordance with the BCBS Basel III framework, noting that MBL is not regulated by the BCBS and so impacts shown are indicative only. 4. Includes current quarter P&L, treasury shares, movements in foreign currency translation and share-based payment reserves
and other movements. 5. APRA Basel III 'super-equivalence' includes the impact of changes in capital requirements in areas where APRA differs from the BCBS Basel III framework, including the treatment of mortgages $A1.5b; capitalised expenses $A0.6b; equity investments $A0.5b; investment into deconsolidated subsidiaries $A0.2b; DTAs $A0.6b; IRRBB $A0.1b.
O Macquarie Group Limited
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