Anz Group Holdings Limited · ASX:ANZ
Anz — Australia and New Zealand Banking Group — Debt Investor Presentation (February 2012)
19 slides from Anz's debt investor presentation, Feb 14, 2012
Slide 1: ANZ Subordinated Notes Offer
For personal use only ANZ Subordinated Notes Offer AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED February 2012
Slide 2: Disclaimer
For personal use only Disclaimer Australia and New Zealand Banking Group Limited (ABN 11 005 357 522) ("ANZ") is the proposed issuer of the ANZ Subordinated Notes. A public offer of ANZ Subordinated Notes will be made by ANZ pursuant to an Offer Document. The Offer Document was lodged with the ASX o
Slide 3: ANZ Subordinated Notes – Key features
For personal use only ANZ Subordinated Notes – Key features • Opportunity for investors to access a simple investment with regular quarterly interest payments • Fixed maturity date of 14 June 2022 (~10.25 year term) • ANZ may redeem all of the ANZ Subordinated Notes on 14 June 2017 (~5.25 years), su
Slide 4: Differences from Term Deposits and CPS3
For personal use only Differences from Term Deposits and CPS3 Term Deposits ANZ Subordinated Notes CPS3 Protection under the Yes No No Australian Government Financial Claims Scheme1 Term One month to five years Approx. 10.25 years2 Perpetual, subject to mandatory conversion into Ordinary Shares Issu
Slide 5: Ranking of ANZ Subordinated Notes
For personal use only Ranking of ANZ Subordinated Notes Illustrative examples of existing ANZ obligations and securities1 Higher ranking Liabilities in Australia in relation to Protected Preferred and secured Accounts (generally, savings accounts and term debt deposits), other liabilities preferred
Slide 6: Offer summary
For personal use only ANZ Subordinated Notes – Offer summary Offer • Offer by Australia and New Zealand Banking Group Limited (“ANZ”) of ANZ Subordinated Notes Offer size • $500 million with the ability to raise more or less Purpose • ANZ will use the net proceeds for general corporate purposes • Th
Slide 7: Summary terms
For personal use only ANZ Subordinated Notes – Summary terms Issue Price • $100 per ANZ Subordinated Note Listing • ANZ has applied for quotation of ANZ Subordinated Notes on ASX, and the notes are expected to trade under code “ANZHA” Term & Maturity • ANZ Subordinated Notes have a term of ~10.25 ye
Slide 8: Summary terms (cont.)
For personal use only ANZ Subordinated Notes – Summary terms (cont.) Interest • Floating interest rate Payment • Gross pay basis • Interest will be paid quarterly in arrears on 14 March, 14 June, 14 September and 14 December, as well as on the Maturity Date or any earlier redemption date, so long as
Slide 9: Key dates for the Offer
For personal use only Key dates for the Offer Date1 ASX announcement and ANZ Subordinated Notes Offer Document released 14 February 2012 Bookbuild 20 February 2012 Opening Date and ASX announcement of the Margin and 21 February 2012 Replacement ANZ Subordinated Notes Offer Document released Closing
Slide 10: FY11 Results summary
For personal use only FY11 Results summary
Slide 11: Overview of financial performance
Overview of financial performance For personal use only 2011 $m % Underlying Profit 5,652 +12% Operating Income 16,812 +7% Expenses 7,718 +11% Provisions 1,211 -33% Statutory Net Profit After Tax 5,355 +19% EPS (cents) 218.4 +10% Dividend per Share (cents) 140 +11% Net Interest Margin 2.46% -1bps Cu
Slide 12: Credit quality is improving
Credit quality is improving For personal use only Total Provision Charge New Impaired Assets 1,621 3,600 1,435 3,126 3,035 1,098 2,437 2,319 1,842 722 660 551 12
Slide 13: Balance Sheet
For personal use only Balance Sheet
Slide 14: Group loans and deposits
Group loans and deposits For personal use only Group customer deposits Group net loans and advances (including acceptances) Growth Rates Growth Rates FY08 FY09 FY10 FY11 FY08 FY09 FY10 FY11 12% 16% 14% 15% 16% 0% 9% 7% 14
Slide 15: Well diversified funding profile with increasing customer funding
ANZ has a well diversified funding profile with an increasing weighting to customer funding For personal use only Strong Funding Composition Maintained low levels of short- term wholesale funding Short Term Wholesale Customer Funding Funding Term Debt < 1 year Shareholders equity & Residual Maturity
Slide 16: Stable term debt issuance, portfolio costs increasing
Stable term debt issuance, portfolio costs increasing For personal use only Stable term funding profile Portfolio term funding costs expected to increase further due to current market volatility A$B Forecast Portfolio Issuance Maturities funding costs based on current market levels Forecast Portfoli
Slide 17: ANZ well capitalised and positioned to transition to Basel III
ANZ well capitalised and positioned to transition to Basel III For personal use only Basel II Basel III – Common Equity Tier 1 Basel II 7% minimum Proposed Basel III including buffer APRA fully applicable from Basel harmonised Jan-16 III# 4.5% minimum * Excludes Basel 2.5 Market & Securitisation Ris
Slide 18: Total liquid assets exceed total offshore wholesale debt portfolio
Total liquid assets exceed TOTAL offshore wholesale debt portfolio For personal use only Strong liquidity position ($b) ANZ Total Offshore Wholesale Debt securities Prime Liquidity Other Eligible & Highly Liquid Long-term Short-term Portfolio Securities Composition of prime liquid asset portfolio ($
Slide 19: Key contacts
For personal use only KEY CONTACTS ANZ GROUP TREASURY Rick Moscati John Needham Steven Craig Group Treasurer Head of Structured Funding Head of Group Capital Phone: +61 (3) 8654 5404 Phone: +61 (3) 8654 5373 Phone: +61 (3) 8654 5213 Mobile: +61 (0) 412 809 814 Mobile: +61 (0) 411 149 158 Mobile: +61
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