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Preliminary Final Report

Document date:  Thu 26 Oct 2000
Published:  Thu 26 Oct 2000 10:11:56
Document No:  168995
Document part:  E
Market Flag:  Y
Classification:  Preliminary Final Report , Dividend Record Date , Dividend Pay Date , Dividend Rate

AUSTRALIA & NEW ZEALAND BANKING GROUP LI      2000-10-26  ASX-SIGNAL-G

HOMEX - Melbourne                                                     

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FINANCIAL HIGHLIGHTS

PROFIT & LOSS
                                        2000        1999       MOVT
                                         $M          $M         %


Net interest income                    3,801       3,655        4%
Other operating income                 2,583       2,377        9%
Operating income                       6,384       6,032        6%
Operating expenses                    (3,314)     (3,300)       -
Operating profit before debt 
provision                              3,070       2,732       12%
Provision for doubtful debts            (502)       (510)      -2%
Operating profit before income tax 
and abnormal items                     2,568       2,222       16%
Income tax expense                      (863)       (736)      17%
Outside equity interests                  (2)         (6)     -67%
Operating profit after income tax 
before abnormal items                  1,703       1,480       15%
Abnormal items                         
Abnormal profit                          221         -         N/A
Abnormal tax                            (177)        -         N/A
Net abnormal profit                       44         -         N/A
Operating profit after income tax      1,747     1,480         18%

CONTINUING/DISCONTINUED OPERATIONS
              
Operating profit after income tax
Continuing operations excluding 
abnormals                             1,594      1,365         17%
Abnormals                                44          -         N/A
Operations of sold businesses           109        115         -5%
                                      1,747      1,480         18%

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