Anz Group Holdings Limited · ASX:ANZ
Anz — Shareholder Meeting (2006)
18 slides from Anz's shareholder meeting presentation, 2006
Slide 1: Annual General Meeting 2006
Annual General Meeting 2006
Slide 2: John McFarlane, Chief Executive Officer
John McFarlane Chief Executive Officer
Slide 3: ANZ's journey to a 'very different bank'
ANZ’s journey to a ‘very different bank’ • 1997 - Financial performance, shareholder value • 2001 - Foundation for growth and sustainability • 2006 – ‘A very different bank’
Slide 4: ANZ's journey to 'a very different bank'
ANZ’s journey to ‘a very different bank’ • 1997 - Financial performance, shareholder value • 2001 - Foundation for growth and sustainability • 2006 – ‘A very different bank’
Slide 5: 1st priority: become the most efficient bank
1st priority: become the most efficient bank Cost to Income Ratio 70% 60% 63% 45% 50% 40% 30% 1997 1998 1999 2000 2001 2002 2003
Slide 6: Next priority: become a low-risk bank
Next priority: become a low-risk bank Non Accrual Loans International exposure 1.5% 24% 0.9% 16% 7% 0.3% 1998 2001 2006 1998 2001 2006 Gross Non Accrual Loans to Gross Loans & Acceptance % International Assets (i.e. excluding Aust & NZ)
Slide 7: ANZ's journey to 'a very different bank'
ANZ’s journey to ‘a very different bank’ • 1997 - Financial performance, shareholder value • 2001 - Foundation for growth and sustainability • 2006 – ‘A very different bank’
Slide 8: Investing in branches and customer service
Investing in branches and customer service New Branches ~ 10,000 additional staff* 32,256 22,501 2001 2006 *includes acquisition of National Bank of New Zealand
Slide 9: Creating the highest customer satisfaction
Creating the highest customer satisfaction % Customer satisfaction 80 70 60 50 Sep-01 Sep-02 Sep-03 Sep-04 Sep-05 Sep-06 ANZ Peer 1 Peer 2 Peer 3
Slide 10: Earning the trust of the community
Earning the trust of the community
Slide 11: Building a high-performance culture
Building a high-performance culture Staff satisfaction Staff engagement 100% 80% 88% 60% 60% 59% 40% 51% 20% 16% 4% 0% 2001 2002 2003 2004 ANZ Industry Positive Responses Negative Responses
Slide 12: ... all resulting in strong earnings momentum
… all resulting in strong earnings momentum A$m Net Profit after Tax* 4,000 3,000 2,000 1,000 0 97 98 99 00 01 02 03 04 05 06 *Before significant items, 1995–2004 AGAAP, 2005–2006 AIFRS
Slide 13: ... and creating substantial shareholder return
… and creating substantial shareholder return ANZ share price ANZ market capitalisation $30 $25 52.4 $20 $10.79 $15 $28.50 $10 17.0 $5 $0 1997 2000 2003 2006 1997 2006 $40 billion of shareholder value added *includes increase in Market Capitalisation and Dividends paid, adjusted for change in value
Slide 14: ANZ's journey to 'a very different bank'
ANZ’s journey to ‘a very different bank’ • 1997 - Financial performance, shareholder value • 2001 - Foundation for growth and sustainability • 2006 – ‘A very different bank’
Slide 15: Focus now is on higher revenue growth
Focus now is on higher revenue growth 10% 9.1%* 8% 7.2%# 8.4%^ 6.3% 6% Revenue 4.5% growth 4% target of 7% - 10% 2% per annum 0% FY03 FY04 FY05 FY06 *fx adjusted growth, ^reported growth, #normalised for NBNZ
Slide 16: ... but there is no return without investment
… but there is no return without investment ANZ investing for the future (FY06 Banking expense growth*) 7.7% • Investment weighted to high-growth, high- return businesses 3.1% • Mainly customer and service staff 1.5% • New branches - • 25 in 2006 ANZ Peer 1 Peer 2 Peer 3 • 40 in 2007 -2.9% *ANZ anal
Slide 17: 'A very different bank'
‘A very different bank’ Customers Why a customer should deal with us? Community Why the community should trust us? Why people should invest their Staff working lives in us? Shareholders Why shareholders should invest in us?
Slide 18: www.anz.com
The material in this presentation is general background information about the Bank’s activities current at the date of the presentation. It is information given in summary form and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors and