Preliminary Final Report & On-Market Buy-Back

Document date:  Wed 03 Nov 1999
Published:  Wed 03 Nov 1999 00:00:00
Document No:  154638
Document part:  F
Market Flag:  Y
Classification:  

HOMEX - Melbourne                                                     

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ASSETS AND CAPITAL

                                    1999            1998        Movt

Total assets ($M)                149,007         149,720          0%

Risk weighted assets ($M)        118,037         116,096          2%

Shareholders' equity (1,2) ($M)    9,403           8,335         13%

Total advances ($M)              122,453         113,707          8%

Net tangible assets per 
 ordinary share ($)                 5.21            4.98          4%

Capital adequacy ratio
- Tier 1                            7.9%            7.2%         n/a 
- Total                            10.7%           10.7%         n/a

General provision ($M)             1,395           1,401          0%
General provision as a % 
 of risk weighted assets            1.2%            1.2%         n/a 

Non-accrual loans ($M)
Non-accrual loans                  1,543           1,662         -7%
Specific provisions                 (886)           (762)        16% 

Net non-accrual loans                657             900        -27% 

Specific provision as a % 
 of total non-accrual loans        57.4%           45.8%         n/a
Net non-accrual loans as a % 
 of net advances                    0.5%            0.8%         n/a
Net non-accrual loans as a % 
 of shareholders' equity(3)         7.0%           10.7%         n/a 

Other information
Full time equivalent staff        30,171           32,072        -6%
Market capitalisation of 
 ordinary shares ($M)             16,045           13,885        16%

1. Excludes outside equity interests
2. Includes preference share capital of $1.145 million (Sep 98: $645 
   million) 
3. Includes outside equity interests

MORE TO FOLLOW

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