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Investor Presentaiton

FY22 Earnings snapshot. FY21 FY22 Change FY22 - FY21 Reported net profit $5,458m $5,694m 4% Dividends per share (interim and final) $1.18 $1.25 6% Cash earnings1 $5,352m $5,276m (1%) Notable items² ($1,601m) ($1,292m) (19%) Cash earnings basis excluding notable items Revenue $20,374m $19,895m (2%) Net interest margin 2.02% 1.87% (15bps) Expenses ($10,936m) ($10,170m) (7%) Core earnings Impairment (charge)/benefit $9,458m $9,725m 3% $590m ($335m) Large Cash earnings excluding notable items Return on equity³ $6,953m $6,568m (6%) 9.8% 9.3% (46bps) 1 Cash earnings is a measure of profit generated from ongoing operations for further detail see page 42 and 125. 2 References to notable items in this document include provisions related to estimated customer refunds, costs and litigation; write-down of assets and accelerated branch closure costs; and asset sales/revaluations. 3 Return on equity is cash earnings divided by average ordinary equity. 5 Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack Westpac GROUP
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