Investor Presentaiton
Macquarie FY20 result announcement I macquarie.com
Funding for the Bank Group
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
Bonds
Other loans
Customer deposits
Subordinated debt
Equity and hybrids¹
Total funding sources
Funded assets
0.6
1.0
5.0
6.3
1.1
1.1
•
Bank balance sheet remains liquid and well capitalised, with a diverse
range of funding sources
Term funding beyond one year (excluding equity and securitisations)
has a weighted average term to maturity of 3.8 years²
Accessed term funding across a variety of products and jurisdictions
1.9
2.2
3.2
1.4
24.4
16.1
0.9
0.7
67.1
56.0
3.5
3.0
Bank Group term funding maturing beyond one year
(includes Equity and hybrids)³
15.8
12.8
$Ab
123.5
100.6
25
Cash and liquid assets
33.6
24.3
20
Self-securitisation
23.5
21.1
15
Net trading assets
22.0
20.3
Loan assets including operating lease assets less than one year
12.2
12.6
10
Loan assets including operating lease assets greater than one year
41.7
35.0
Debt investment securities
1.7
1.1
5
Non-Bank Group deposit with MBL
(12.2)
(14.8)
0
Co-investment in Macquarie-managed funds and other equity investments
Property, plant and equipment and intangibles
0.4
0.4
1-2yrs
2-3yrs
3-4yrs
4-5yrs
5yrs+
0.6
0.6
Total funded assets
123.5
100.6
■Debt
Subordinated debt
Equity and hybrids
1. Hybrid instruments include Macquarie Additional Capital Securities, 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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