2018 Half Year Results Announcement

117 Pages·2017·2.43 MB·English

Incorpotrharete iqnugi reomfAe pnptesn 4dDi x
Theh alyfe arre sualntnso unceimnecnotrt peosr a
thhea lyfe arre pogritvt eont hAeu stralian
SecurEixtciheas(n AgSeuX n)d eLri stRiunl4ge. 2A.
Theh alyfe acro noslidarteepdoi rstt ob er eaidn
conjunwcittithoh Anen nuFailn anRceipao2lr0 t1 7.
"Myp atiewnetrsel ni'ktti hnsegh oes
outth eTrhea.tw 'hseI nd ecitdoe d
desimgyno wnr ange."
NatiAounsatlBr aanLlkii mai ted
ABN1 20 040 4943 7
Half Year Results Results for announcement to the market
2018
Results for announcement to the market
Report for the half year ended 31 March 2018
31 March 2018
$m
Revenue from ordinary activities (1) page 55 up 11.4% * to 9,624
Net profit after tax from ordinary activities attributable to owners of NAB page 55 up 1.5% * to 2,583
Net profit attributable to owners of NAB page 55 up 1.5% * to 2,583
* On prior corresponding period (six months ended 31 March 2017).
Franked
Amount amount per
per share share
Dividends cents %
Interim dividend 99 100
Record date for determining entitlements to the interim dividend 16 May 2018
A Glossary of Terms is included in Section 7.
A reference in this Appendix 4D to the 'Group' is a reference to NAB and its controlled entities. All currency amounts are
expressed in Australian dollars unless otherwise stated. References in this document to the March 2018 half year are
references to the six months ended 31 March 2018. Other six month periods are referred to in a corresponding manner. The
Group's consolidated financial statements, prepared in accordance with the Corporations Act 2001 (Cth), are included in
Section 5. See page 97 for a complete index of ASX Appendix 4D requirements.
(1) Required to be disclosed by ASX Listing Rule 4D. Reported as the sum of the following from the Group's consolidated income statement: Net interest
income $6,766 million and total other income $2,858 million. On a cash earnings basis revenue increased by 2.5%. Refer to information on cash
earnings on page 2 of Section 1, of the 2018 half year results.
Half Year Results
2018
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Half Year Results
2018
Table of Contents
Section 1
Profit Reconciliation 1
Information about Cash Earnings and other Non-IFRS Measures 2
Section 2
Highlights 9
Group Performance Results 10
Shareholder Summary 10
Key Performance Indicators 11
Divisional Key Performance Indicators 12
Group Performance and Strategic Highlights 13
Section 3
Review of Group Operations and Results 17
Review of Group Operations and Results 18
Investment Spend 23
Taxation 24
Lending 25
Goodwill and Other Intangible Assets 26
Customer Deposits 27
Asset Quality 28
Capital Management and Funding 31
Section 4
Review of Divisional Operations and Results 35
Divisional Performance Summary 36
Business and Private Banking 39
Consumer Banking and Wealth 41
Corporate and Institutional Banking 44
New Zealand Banking 46
Corporate Functions and Other 49
Section 5
Financial Report 51
Report of the Directors 52
Consolidated Financial Statements 55
Notes to the Consolidated Financial Statements 60
Directors' Declaration 82
Independent Review Report 83
Section 6
Supplementary Information 85
Section 7
Glossary of Terms 99
Half Year Results
2018
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