Investor Presentaiton
Macquarie | Presentation to Investors and Analysts | macquarie.com
Overview of Macquarie
Operating Groups
3Q20 Update
Outlook
Appendix
Approximate
business
Basel III
Capital
and ROE
As at 30 Sep 2019
Operating Group
APRA Basel III
Capital¹
@ 8.5% ($Ab)
Approx. 1H20 Return
on Ordinary Equity²
Approx. 13-year
Average Return on
Ordinary Equity³
Annuity-style businesses
7.9
Macquarie Asset Management
3.7
24%
22%
Banking and Financial Services
4.2
Markets-facing businesses
8.7
Commodities and Global Markets
5.0
18%
16%
Macquarie Capital
3.7
Corporate
0.4
Total regulatory capital requirement @ 8.5%
17.1
Group surplus
6.7
Total APRA Basel III capital supply
23.84
16.4%
14%
Note: Differences in totals due to rounding. 1. Operating Group capital allocations are based on 30 Jun 19 allocations adjusted for material movements over the Sep 19 quarter. 2. NPAT used in the calculation of approx. 1H20
ROE is based on Operating Groups' annualised net profit contribution adjusted for indicative allocations of profit share, tax and other corporate expenses. Accounting equity is attributed to businesses based on regulatory capital
requirements which are based on the quarterly average capital usage from FY07 to 1H20, inclusive. 3. 13-year average covers FY07 to FY19, inclusive, and has not been adjusted for the impact of business restructures or
changes in internal P&L and capital attribution. 4. Comprising of $A19.7b of ordinary equity and $A4.1b of hybrids.
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