Preliminary Final Report

Document date:  Thu 26 Oct 2000
Published:  Thu 26 Oct 2000 10:38:05
Document No:  168995
Document part:  G
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)

ASSETS AND CAPITAL
                                    2000        1999        MOVT

TOTAL ASSETS ($M)                   172,467     152,801     13%

RISK WEIGHTED ASSETS ($M)           129,688     118,037     10%

SHAREHOLDERS' EQUITY(1,2) ($M)      9,795       9,403       4%

Total advances ($M)                 134,887     122,453     10%
Specific provisions ($M)            (709)       (907)       -22%
NET ADVANCES ($M)                   134,178     121,546     10%

NET TANGIBLE ASSETS PER 
 ORDINARY SHARE ($)                 5.49        5.21        5% 
Net tangible assets attributable
 to ordinary shareholders ($M)      8,276       8,149       2%
Total number of ordinary shares (M) 1,506.2     1,565.4     -4%

CAPITAL ADEQUACY RATIO (%)
- Inner Tier 1                      6.4%        6.9%        N/A
- Tier 1                            7.4%        7.9%        N/A
- Tier 2                            3.4%        3.3%        N/A
- Total                             10.2%       10.7%       N/A

GENERAL PROVISION ($M)              1,373       1,395       -2%
General provision as a % of
 risk weighted assets               1.1%        1.2%        N/A

NON-ACCRUAL LOANS ($M)
Non-accrual loans                   1,391       1,543       -10%
Specific provisions                 (692)       (886)       -22%

Net non-accrual loans               699         657         6%

Specific provision as a % of
 total non-accrual loans            49.7%       57.4%       N/A
Net non-accrual loans as a % of
 net advances                       0.5%        0.5%        N/A
Net non-accrual loans as a % of
 shareholders' equity(3)            7.1%        7.0%        N/A

OTHER INFORMATION
Full time equivalent staff (FTE's)  23,134      30,171      -23%
Profit per average FTE ($)          62,783      47,586      32%
Assets per FTE ($M)                 7.5         5.1         47%
Market capitalisation of
 ordinary shares ($M)               20,002      16,045      25%

(1) Excludes outside equity interests
(2) Includes preference share capital of $1,374 million 
    (Sep 99: $1,145 million)
(3) Includes outside equity interests


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