Investor Presentaiton
Capital levels are well above regulatory minimums
WNZL regulatory capital ratios (%)
FY13 capital ratios Basel III (%)
20
20
Basel II
Basel III
Capital adequacy ratios
14.1
11.9
12.1
12.3
15
Common Equity Tier One Capital ratio
12.3
13.0
13.1
11.9 13.0
12.1 12.1
12.3 12.3
12.0
11.7
10.5
Tier One Capital ratio
12.3
10
Total Capital ratio
12.3
5
Reserve Bank minimum ratios
0
Sep-11
Sep-12
Dec-12
Mar-13
Jun-13
Sep-13
Common Equity Tier One Capital ratio
4.5
Total common equity Tier 1 Total Capital
Tier One Capital ratio¹
6.0
Total Capital ratio
8.0
7,000
WNZL equity composition ($m)
970
500
500
5,500
1,079
1,237
1,425
1,602
1,818
970
4,000
967
4,600
4,600
4,600
4,600
2,500
4,600
3,470
1,000
Sep-11
Sep-12
Dec-12
Mar-13
Jun-13
Sep-13
Equity
Retained earnings
Subordinated debt
: 21
Buffer ratios
Buffer ratio²
Buffer ratio requirement²
4.3
2.5
1. Prior to a change in the Conditions of registration that took effect on 1 January
2013, locally incorporated registered banks having the benefit of the Wholesale
Funding Guarantee Facility were required to maintain an additional 2% Tier One
Capital ratio buffer above the then 4% regulatory minimum. Following the change, all
locally incorporated registered banks are required to hold a minimum Tier One
Capital ratio of 6%.
2. As at 30 September 2013, there was no prescribed minimum regulatory buffer. A
prescribed minimum regulatory ratio of 2.5% came into effect from 1 January 2014.
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