Australian Housing Dynamics and Affordability slide image

Australian Housing Dynamics and Affordability

FINANCIAL PERFORMANCE - STATUTORY TO CASH PROFIT STATUTORY PROFIT $m -7% 6,406 6,400 5,953 5,709 FY161 FY171 FY18 FY19 CASH PROFIT REPORTED $m +6% 6,938 6,161 5,889 5,805 FY161 FY171 FY18 FY19 CASH PROFIT CONTINUING OPERATIONS $m 0% 6,809 6,487 6,470 5,889 FY161,2 FY171 FY18 FY19 STATUTORY TO CASH ADJUSTMENTS Cash profit represents ANZ's preferred measure of the result of the ongoing business activities of the Group, enabling readers to assess Group and Divisional performance against prior periods and against peer institutions. To calculate cash profit, the Group excludes non-core items from statutory profit. Cash Profit continuing operations excludes the financial results of the Wealth Australia businesses being divested and associated Group reclassification and consolidation impacts treated as discontinued operations from a financial reporting perspective. 1. FY16 and FY17 have not been restated for AASB15 impacts 2. FY16 has not been restated to reflect discontinued operations ANZ 55
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