Preliminary Final Report

Document date:  Thu 26 Oct 2000
Published:  Thu 26 Oct 2000 10:28:02
Document No:  168995
Document part:  F
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 (continued)

PERFORMANCE MEASUREMENTS

                                    2000        2000        1999
                                    EXCLUDING   INCLUDING   NIL
                                    ABNORMALS   ABNORMALS   ABNORMALS 

PROFITABILITY RATIOS
 Return on:
  Average ordinary shareholders' 
  equity(1)                           18.3%       18.8%         17.2%
  Average assets                      1.03%       1.05%         0.97%
  Average risk weighted assets        1.36%       1.39%         1.26%
  Total income                        12.5%       11.7%         12.7%
Net interest average margin           2.87%       2.87%         3.05%

EFFICIENCY RATIOS(2)
Operating expenses to operating 
 income                               51.7%       56.5%         54.5%
Operating expenses to average assets   2.0%        2.6%          2.2%

DEBT PROVISIONING
Economic loss provisioning ($M)        502         502           510
Net specific provisions ($M)           383         383           482

EARNINGS PER ORDINARY SHARE (CENTS)
 Earnings per ordinary share (basic) 103.9       106.8          90.6
 Earnings per ordinary share 
 (diluted)                           103.5       106.3          90.3 

ORDINARY SHARE DIVIDENDS (CENTS)
 Interim - 100% franked at 34% 
 (1999: 75% franked)                    29          29            26
 Final - 100% franked at 34% 
 (1999: 80% franked)                    35          35            30
Dividend payout ratio                 60.8%       59.1%         62.1%

PREFERENCE SHARE DIVIDEND
 Dividend paid ($M)                    102         102            72 

1 Ordinary shareholders' equity excluding outside equity interests
2 Exclude goodwill amortisation


BALANCE SHEET

                                         2000      1999      MOVT
                                           $M        $M         %

ASSETS

Liquid assets                             5,648     5,283        7%
Due from other financial institutions     5,822     3,472       68%
Trading and investment securities         7,132     8,954      -20%
Net loans and advances including 
 acceptances                            131,797   118,921       11%
Other                                    22,068    16,171       36%
Total assets                            172,467   152,801       13%

LIABILITIES

Due to other financial institutions      12,247     9,001       36%
Deposits and other borrowings           100,602    96,559        4%
Liability for acceptances                15,482    14,858        4%
Other                                    34,329    22,954       50%
Total liabilities                       162,660   143,372       13%
Total shareholders' equity and 
 outside equity interests                 9,807     9,429        4% 

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