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Investor Presentaiton

Regulatory capital % Capital Update 1H15 organic capital generation¹ of 59 bps modestly above recent first half performance. APRA Common Equity Tier 1 ratio 8.7%. Target range for CET1 ratio remains around 9% on an APRA basis. Internationally Comparable2 CET1 ratio is ~3.7% higher than under APRA basis. Reflects variances between Basel III under APRA and Basel standards. 1.5% discount for 1H15 Dividend Reinvestment Plan aims to achieve ~20% participation on a full 12 month basis. This level of participation is consistent with average observed since 2012 and capital planning. Basel 3 Common Equity Tier 1 (CET1) 8.3% 12.2% 8.8% 12.7% 8.7% 12.4% APRA CET1 movement - Mar 15 v Sep 14 8.79 Mar 14 ■APRA Sep 14 Mar 15 Internationally Comparable 2 Total RWA movement - Mar 15 v Sep 14 1.02 $b 15.4 386.9 (0.22) 1.5 (0.21) 8.72 16.1 (0.7) (0.64) (0.02) (6.9) 361.5 Credit RWA +$30.8bn T Sep 14 Cash RWA NPAT 3 Usage 4 Capital Deductions 5 Net Dividend Other Mar 15 Sep 14 Growth FX Impact Other 6 Market & Op Risk Mar 15 IRRBB RWA RWA - 1. Organic capital generation = cash profit - RWA growth capital deductions. 2. Methodology per Australian Bankers' Association: International comparability of capital ratios of Australia's major banks (August 2014). March 2014 comparatives has been restated based on current methodology. 3. Cash profit net of preference share dividends. 4. Includes EL vs. EP shortfall. 5. Represents the movement in retained earnings in deconsolidated entities, capitalised software and other intangibles. 6. Other includes risk and portfolio data review impact. ANZ 26
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