ANZ GROUP HOLDINGS LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2017
CONTENTS | |||
Annual Report and Glossary of Terms | 2 | Financial Instrument Disclosures | |
18. Financial Risk Management | 28 | ||
Consolidated Financial Statements | 19. Classification of Financial Instruments and Fair Value | 43 | |
Income Statement | 3 | Measurements | |
Statement of Comprehensive Income | 3 | 20. Maturity Analysis of Assets and Liabilities | 45 |
Balance Sheet | 4 | 21. Assets Charged as Security for Liabilities and Collateral | 46 |
Cash Flow Statement | 5 | Accepted as Security for Assets | |
Statement of Changes in Equity | 6 | 22. Offsetting | 47 |
23. Credit Related Commitments, Guarantees and | 48 | ||
Notes to the Financial Statements | Contingent Liabilities | ||
Basis of Preparation | |||
1. Significant Accounting Policies | 7 | Non-Financial Assets | |
2. Critical Estimates and Judgements Used in | 13 | 24. Goodwill and Other Intangible Assets | 48 |
Applying Accounting Policies | |||
Equity | |||
Financial Performance | 25. Share Capital | 49 | |
3. Net Interest Income | 15 | 26. Capital Adequacy | 50 |
4. Non Interest Income | 15 | ||
5. Operating Expenses | 16 | Consolidation and Presentation | |
6. Income Tax | 17 | 27. Subsidiaries | 58 |
7. Segment Analysis | 18 | 28. Structured Entities, Transferred Financial Assets, | 59 |
8. Notes to the Cash Flow Statement | 20 | Fiduciary Activities and Insurance | |
29. Assets and Liabilities Held for Sale | 61 | ||
Financial Assets | |||
9. Cash | 21 | Other Disclosures | |
10. Trading Securities | 21 | 30. Related Party Disclosures | 62 |
11. Derivative Financial Instruments | 21 | 31. Capital Expenditure and Operating Lease | 64 |
12. Available-for-sale Assets | 23 | Commitments | |
13. Net Loans and Advances | 23 | 32. Compensation of Auditors | 64 |
14. Provision for Credit Impairment | 24 | 33. Concentrations of Credit Risk to Individual | 65 |
Counterparties | |||
Financial Liabilities | 34. Risk Management Framework | 66 | |
15. Deposits and Other Borrowings | 25 | ||
16. Unsubordinated Debt | 25 | ||
17. Subordinated Debt | 26 | Other Registered Bank Disclosures | |
Historical Summary of Financial Statements | 68 | ||
General Disclosures | 69 | ||
Conditions of Registration | 71 | ||
Directorate and Auditor | 76 | ||
Directors' Statement | 78 | ||
Independent Auditor's Report | 79 | ||
FOR THE YEAR ENDED 30 SEPTEMBER 2017
Pursuant to section 211(3) of the Companies Act 1993, the shareholder of the Bank has agreed that the Annual Report of the Banking Group need not comply with any of the paragraphs (a), and (e) to (j) of subsection (1) and subsection (2) of section 211.
Accordingly, there is no information to be provided in this Annual Report other than the financial statements for the year ended 30 September 2017 and the audit report on those financial statements.
For and on behalf of the Board of Directors:
John Judge David Hisco
Chairman Executive Director
15 November 2017 15 November 2017
GLOSSARY OF TERMSIn this Registered Bank Disclosure Statement (Disclosure Statement) unless the context otherwise requires:
Bank means ANZ Bank New Zealand Limited. Banking Group means the Bank and all its controlled entities. Immediate Parent Company means ANZ Holdings (New Zealand) Limited. Ultimate Parent Bank means Australia and New Zealand Banking Group Limited. Overseas Banking Group means the worldwide operations of Australia and New Zealand Banking Group Limited including its controlled entities. New Zealand business means all business, operations, or undertakings conducted in or from New Zealand identified and treated as if it were conducted by a company formed and registered in New Zealand. NZ Branch means the New Zealand business of the Ultimate Parent Bank. ANZ New Zealand means the New Zealand business of the Overseas Banking Group. UDC means UDC Finance Limited. Registered Office is Ground Floor, ANZ Centre, 23-29 Albert Street, Auckland, New Zealand, which is also the Banking Group's address for service. RBNZ means the Reserve Bank of New Zealand. APRA means the Australian Prudential Regulation Authority. the Order means the Registered Bank Disclosure Statements (New Zealand Incorporated Registered Banks) Order 2014.Any term or expression which is defined in, or in the manner prescribed by, the Order shall have the meaning given in or prescribed by the Order.
INCOME STATEMENT | |||
Year to | Year to | ||
30/09/2017 | 30/09/2016 | ||
Note | NZ$m | NZ$m | |
Interest income | 3 | 6,198 | 6,423 |
Interest expense | 3 | 3,161 | 3,421 |
Net interest income | 3,037 | 3,002 | |
Net trading gains | 4 | 226 | 12 |
Net funds management and insurance income | 4 | 329 | 414 |
Other operating income | 4 | 378 | 421 |
Share of associates' profit | 5 | 5 | |
Operating income | 3,975 | 3,854 | |
Operating expenses | 5 | 1,468 | 1,599 |
Profit before credit impairment and income tax | 2,507 | 2,255 | |
Credit impairment charge | 14 | 62 | 150 |
Profit before income tax | 2,445 | 2,105 | |
Income tax expense | 6 | 680 | 570 |
Profit after income tax | 1,765 | 1,535 | |
STATEMENT OF COMPREHENSIVE INCOME | ||
Year to | Year to | |
30/09/2017 | 30/09/2016 | |
NZ$m | NZ$m | |
Profit after income tax | 1,765 | 1,535 |
Items that will not be reclassified to profit or loss | ||
Actuarial gain on defined benefit schemes | 21 | 18 |
Income tax expense relating to items not reclassified | (6) | (5) |
Total items that will not be reclassified to profit or loss | 15 | 13 |
Items that may be reclassified subsequently to profit or loss | ||
Unrealised gains / (losses) recognised directly in equity | (32) | 91 |
Realised losses transferred to the income statement | 12 | 9 |
Income tax credit / (expense) relating to items that may be reclassified | 6 | (28) |
Total items that may be reclassified subsequently to profit or loss | (14) | 72 |
Total comprehensive income for the year | 1,766 | 1,620 |
The notes to the financial statements form part of and should be read in conjunction with these financial statements.
ANZ - Australia & New Zealand Banking Group Ltd. published this content on 16 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 November 2017 22:19:01 UTC.
Original documenthttp://news.iguana2.com/anz/ASX/ANZ/482444
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