ANZ Financial Performance Overview slide image

ANZ Financial Performance Overview

SECTION 6 Existing and future problem loans are well provided for 60% • The period 1998 through 2003 has seen Group GP trend down 16% to 101 bps, consistent with the sustained de-risking of the Group lending book. 48% 50% • As at September 2003, gross non-accrual loans were 61 bps of GLAS (or A$1.0bn). Of this, 48% was covered by specific provisioning. • Group levels of general and specific provisioning compare favorably with Australian banking peer group. 40% 30% 20% 10% Specific Provision/Non-Accrual Loans 31% 30% 43% 0% ANZ Sep 03 CBAJun 03 NAB Mar 03 WBC Mar 03 % General Provision/RWAS 1.20 1.01 0.95 1.00 0.90 0.75 0.80 0.60 0.40 0.20 0.00 T ANZ Sep 03 CBA Jun 03 NAB Mar 03 WBC Mar 03 ANZ Note: 1. As per most recent company financial reports for CBA, NAB and WBC 57
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