WESTPAC BANKING CORPORATION Westpac Full Year 2016 result index
Full Year 2016 Result Presentation 3 Investor Discussion Pack of Full Year 2016 Result 29 Strategy 30 Overview 35Performance discipline 37
Service leadership 41
Digital transformation 43
Workforce revolution 50
Sustainable futures 51
Earnings drivers 54Net interest income 55
Non-interest income 59
Markets and Treasury income 60
Expenses 61
Impairment charges 64
Asset quality 65 Capital, Funding and Liquidity 83 Divisional results Consumer Bank Business BankBT Financial Group Westpac Institutional Bank Westpac New Zealand
93
94
96
98
101
105
Economics 109 Appendix and Disclaimer 126 Contact us 132 2 | Westpac Group Full Year 2016 Presentation & Investor Discussion PackBrian Hartzer Chief Executive Officer
Financial results based on cash earnings unless otherwise stated. Refer page 36 for definition. Results principally cover the FY16, FY15 and 2H16 and 1H16 periods. Comparison of 2H16 versus 1H16 (unless otherwise stated)
Consistent operating performance; strengthening the franchise
Core earnings up 3%, cash earnings flat, ROE lower
Disciplined management in an environment of increased competition, low interest rates, and higher capital
Consumer and Business Banks strong; more difficult conditions in Wealth and WIB
Good progress on productivity and digital transformation
Franchise value has grown - world's most sustainable bank1
Dividend unchanged
1 Global banking leader in the Dow Jones Sustainability Index 2016.
4 | Westpac Group Full Year 2016 Presentation & Investor Discussion PackWestpac Banking Corporation published this content on 07 November 2016 and is solely responsible for the information contained herein.
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