WESTPAC BANKING CORPORATION ASX
Release
02 November 2016
Westpac Group 2016 Full Year Results TemplateThe Westpac Group has today released the template for its 2016 Full Year Results. This release provides a summary of enhancements to disclosures.
An Excel template detailing how key information in the 2016 Full Year Results will be presented is available on the Westpac website at www.westpac.com.au/investorcentre.
The Westpac Group is scheduled to announce its 2016 Full Year Results on Monday,
7 November 2016. An Excel spreadsheet of the full year results will also be published on the Westpac website.
Disclosure enhancementsThe changes in Appendix 1 have been made to the 2016 Full Year Results to improve disclosures: Markets related income
Section 2.2.7 'Markets related income' has been revised to include foreign exchange activity for Westpac Pacific, which is now reported as part of Westpac Institutional Bank (WIB) following the organisational changes previously announced. For consistency, prior periods have been restated.
Funding and liquidity risk management
Section 2.4.2 'Funding and liquidity risk management' has been reordered and now includes a total for wholesale funding greater than 12 months.
A number of other minor changes in descriptions have also been made. These changes do not impact the level or detail of information reported.
Ends.
For Further InformationDavid Lording
Head of Media Relations
T. 02 8219 8512 M. 0419 683 411Andrew Bowden
Head of Investor Relations
T. 02 8253 4008 M. 0438 284 863 Appendix 1 Section 2.2.7 Markets related income Re vise d disclosure Pre vious disclosure$m | Half Year March 16 | Full Year Sept 15 | Half Year March 16 | Full Year Sept 15 |
Net interest income | 30 | 101 | 33 | 101 |
Non-interest income | 579 | 946 | 560 | 905 |
Total Markets income | 609 | 1,047 | 593 | 1,006 |
Customer income | 465 | 935 | 449 | 894 |
Non-customer income | 142 | 278 | 142 | 278 |
Derivative valuation adjustments | 2 | (166) | 2 | (166) |
Total Markets income | 609 | 1,047 | 593 | 1,006 |
Funding by residual maturity
Re vise d disc losu re
As at 30 Sept 2016 $m Ratio % | As at 31 March 2016 $m Ratio % | As at 30 Sept 2015 $m Ratio % | |||
Wholesale funding | 72,417 | 9.8 | 71,962 | 10.0 | |
Less than 6 months | |||||
6 to 12 months | 16,649 | 2.3 | 17,473 | 2.4 | |
Long term to short term scroll | 33,880 | 4.6 | 27,210 | 3.8 | |
Wholesale funding - residual maturity less than 12 months | 122,946 | 16.7 | 116,645 | 16.2 | |
Securitisation | 10,137 104,040 | 1.4 14.1 | 12,034 111,195 | 1.7 15.4 | |
Greater than 12 months | |||||
Wholesale funding - residual maturity greater than 12 months | 114,177 | 15.5 | 123,229 | 17.1 | |
Customer deposits | 441,968 | 60.0 | 427,144 | 59.3 | |
Equity | 57,748 | 7.8 | 53,284 | 7.4 | |
Total funding | 736,839 | 100.0 | 720,302 | 100.0 | |
Funding by residual maturity
Pre vious disclosure
As at 30 Sept 2016 $m Ratio % | As at 31 March 2016 $m Ratio % | As at 30 Sept 2015 $m Ratio % | |||
Customer deposits | 441,968 | 60.0 | 427,144 | 59.3 | |
Wholesale funding - residual maturity | |||||
Securitisation | 10,137 | 1.4 | 12,034 | 1.7 | |
Greater than 12 months | 104,040 | 14.1 | 111,195 | 15.4 | |
Equity | 57,748 | 7.8 | 53,284 | 7.4 | |
Stable Funding Ratio (SFR) | 613,893 | 83.3 | 603,657 | 83.8 | |
Less than 6 months | 72,417 | 9.8 | 71,962 | 10.0 | |
6 to 12 months | 16,649 | 2.3 | 17,473 | 2.4 | |
Long term to short term scroll | 33,880 | 4.6 | 27,210 | 3.8 | |
Short term w holesale funding | 122,946 | 16.7 | 116,645 | 16.2 | |
Total funding | 736,839 | 100.0 | 720,302 | 100.0 | |
WESTPAC BANKING CORPORATION ABN 33 007 457 141
Westpac Banking Corporation published this content on 02 November 2016 and is solely responsible for the information contained herein.
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