Investor Presentaiton
Macquarie | Presentation to Investors and Analysts I macquarie.com
Overview of Macquarie
Operating Groups
3Q20 Update
Outlook
Appendix
Loan and lease portfolios¹ - funded balance sheet
O
MACQUARIE
Operating Group
Category
Sep 19
$Ab
Mar 19
$Ab Description
Retail mortgages²
38.8
35.6
Secured by Australian residential property
Business banking
9.0
8.7
BFS
Vehicle finance
11.9
11.5
Secured relationship managed loan portfolio secured largely by working capital, business cash flows and real property
Secured by Australian motor vehicles
Total BFS
59.7
55.8
Asset Finance
8.0
7.9 Predominantly secured by underlying financed assets
Finance lease assets
5.7
5.6
Operating lease assets
2.3
2.3
CGM
Resource and commodities
4.5
3.3
Other
2.6
Diversified loan portfolio primarily to the resources sector that are secured by the underlying assets
2.5 Predominantly relates to recourse loans to financial institutions, as well as financing for other sectors
Total CGM
15.1
13.7
Operating lease assets³
1.6
8.9
Secured by underlying financed assets including transportation assets
Structured investments
0.2
0.2
MAM
Loans to retail and wholesale counterparties that are secured against equities, investment funds or cash or are protected by
capital guarantees at maturity
Other
0.4
0.3
Secured by underlying financed assets
Total MAM
2.2
9.4
Principal finance loans
3.6
3.4
Diversified corporate and real estate lending portfolio, predominantly consisting of loans which are senior, secured, well
covenanted and with a hold to maturity horizon
MacCap
Corporate and other lending
Total MacCap
0.6
0.7
Includes diversified secured corporate lending
Total loan and lease assets per funded balance sheet4
4.2
81.2
4.1
83.0
1. Loan assets are reported on a funded balance sheet basis and therefore exclude certain items such as assets that are funded by third parties with no recourse to Macquarie. In addition, loan assets at amortised cost per the statutory balance sheet of $A85.1b at 30 Sep 19 ($A78.5b at 31 Mar 19)
are adjusted to include fundable assets not classified as loans on a statutory basis (e.g. assets subject to operating leases which are recorded in Property, Plant and Equipment in the statutory balance sheet). 2. Retail mortgages per the funded balance sheet of $A38.8b differs from the figure
disclosed on slide 13 of $A43.6b. The funded balance sheet nets down loans and funding liabilities f non-recourse securitisation and warehouse vehicles (PUMA RMBS and SMART auto ABS) to show the net funding requirement. 3. Movement includes the disposal of Macquarie AirFinance to a
newly-formed joint venture with PGGM in 1H20. 4. Total loan assets per funded balance sheet includes self-securitised assets.
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