High Quality
Open the downloaded document, and select print from the file menu (PDF reader required).
Westpac Banking Corporation ABN 33 007 457 141
The Westpac GroupFull Year 2009Results
Incorporating the requirements ofAppendix 4E
Results for Announcement to the Market ASX Appendix 4E
Results for Announcement to the Market
1,4
2
Report for the Full Year ended 30 September 2009
Revenue from ordinary activities
2,3
up42.2%to$16,505mProfit from ordinary activities after tax attributable toequity holders
2,3
down10.7%to$3,446mNet profit for the period attributable to equity holders
2,3
down10.7%to$3,446m
Dividend Distributions (cents per ordinary share)
Final DividendInterim DividendRecord date for determining entitlements to the dividendAmount per securityFranked amount persecurity6060565613 November 2009 (Sydney)12 November 2009 (New York)
On 1 December 2008, Westpac Banking Corporation (“Westpac”) completed its merger with St.George Bank Limited(“St.George”) by way of a scheme of arrangement (“the merger”). This merger was approved by holders of St.Georgeordinary shares on 13 November 2008 and subsequently approved by the Federal Court of Australia on 17 November2008. For consolidation purposes, the transaction was effective from close of business on 17 November 2008. Thereported information in this announcement includes the results of St.George from and including 18 November 2008.
1
This document comprises Westpac’s final results and is provided to the Australian Securities Exchange under Listing Rule 4.3A.
2
Comprises reported interest income, interest expense and non-interest income.
3
All comparisons are with the reported results for the twelve months ended 30 September 2008.
4
This report should be read in conjunction with the 30 September 2009 Annual Financial Report of the Group and any public announcements made in the period by the Group in accordance with the continuous disclosure requirements of the Corporations Act 2001 and ASX Listing Rules.
Table of Contents
i
Full Year 2009 Result
01 Press Release and Outlook
iii
02 Basis of Preparation and Structure of Document
2.1 Reported Results and Pro Forma Results11
03 Reported Results
3.1 Reported Results3.2 Reported Balance Sheet3.3 Key Financial Data
4
456
04 Cash Earnings Results
4.1 Cash Earnings4.2 Balance Sheet4.3 Key Financial Data4.4 Market Share and System Multiple Metrics4.5 Product Spread Metrics
8
89101214
05 Review of Group Operations
5.1 Cash Earnings Summary5.2 Review of Earnings5.3 Credit Quality5.4 Balance Sheet and Funding5.5 Capital and Dividends5.6 Other Regulatory Developments5.7 Sustainability Performance5.8 St.George Merger and Integration
15
1522404347525456
06 Divisional Results
6.1 Westpac Retail & Business Banking6.2 St.George Bank6.3 Westpac Institutional Bank6.4 BT Financial Group (Australia)6.5 New Zealand6.6 Pacific Banking6.7 Group Businesses
59
60646874828688
07 Full Year 2009 Pro Forma Financial Information
7.1 Full Year 2009 Pro Forma Financial Information
90
90
08 Full Year 2009 Reported Financial Information
8.1 Consolidated Income Statement8.2 Consolidated Balance Sheet8.3 Consolidated Cash Flow Statement8.4 Consolidated Statement of Recognised Income and Expense8.5 Notes to Full Year 2009 Reported Financial Information8.6 Statement in Relation to the Review of the Financial Statements
104
105106107108109139
09 Other Information
9.1 Credit Ratings and Exchange Rates9.2 Disclosure Regarding Forward-Looking Statements9.3 Financial Calendar
140
140141142
10 Segment Result
10.1 Full Year Segment Result – Reported Result10.2 Half Year Segment Result – Reported Result10.3 New Zealand Divisional Performance (A$ Equivalent to Section 6.5)
143
143145147
Add a Comment