Commonwealth Bank Of Australia · ASX:CBA
Commonwealth Bank Of Australia — FY2006 Earnings Presentation
16 slides from Commonwealth Bank Of Australia's earnings presentation, Aug 9, 2006
Slide 1: Media Presentation of Full Year Results
Commonwealth Bank Ralph Norris CHIEF EXECUTIVE OFFICER 9 August 2006 Commonwealth Bank of Australia Acn 123 123 124 MEDIA PRESENTATION OF FULL YEAR RESULTS For 30 June 2006
Slide 2: Disclaimer
Disclaimer The material that follows is a presentation of general background information about the Bank’s activities current at the date of the presentation, 9 August 2006. 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
Slide 3: Agenda
Agenda # Highlights e CEO Priorities & Measures « Outlook « Questions ConmonwealthBank «
Slide 4: Highlights
Highlights Very good result — Cash NPAT of $4,053 million Good volume growth across the business Focus on profitable growth Successful delivery of WnB and good progress on new strategic initiatives ConmonwealthBank «
Slide 5: Highlights
Highlights 6 months 12 months Cash NPAT (excl HK) 12% Cash EPS (excl HK) 304.6 4% i 15% Dividend 224 - 14% Return on Equity - Cash (excl HK)} 20.6% | 70bpts | 180 bpts Gross impaired assets / RWA 0.15% | 5 bpts | 5 bpts ConmonwealthEank
Slide 6: Good full year result
Good full year result $3,492m T T T T T T Cash Banking Funds insurance SIH WnB Cash Profit on NPAT Mgt investment profit pre sale of Jun 05 returns HK HK Jun 06 Cash EPS 264.8 Cash EPS 18% ———— 204.6 Cash NPAT Jun 06 Scorecard Jun 06 Volume Growth vv Interest Margin v sane , v vv a 7 CashEPS Vv Conm
Slide 7: nd io
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Slide 8: Highlights - market position
Highlights - market position Dec 05 Home Loans v 18.8% Personal Lending v 16.0% Credit Cards x 21.4% Retail Deposits x 22.9% NZ Lending x 23.2% NZ Deposits v 19.9% Business Lending x 13.5% Transaction Services (corporate) v 22.1% Transaction Services (commercial) * 25.1% Equities Trading (CommSec) v
Slide 9: Which New Bank - A Success
Which New Bank - A Success Technology transformation Delivered ahead of schedule Within budget Financial and Productivity Financial Benefit $900m $1,044m EPS Growth - CAGR 10%* 14% Banking 48% 47.1% Funds Management 0.74% 0.74% Insurance 42% 36.7% Customer Satisfaction Targets not yet achieved But C
Slide 10: CEO Priorities & Measures
CEO Priorities & Measures Customer Service Business Banking Technology & Operational Excellence Trust & Team Spirit *» Superior operating and financial results =» Australia’s finest financial services organisation ConmonwealthEank 410
Slide 11: Customer Service
Customer Service Roll out of Sales and Service programme (SUCCESS) well underway Increased resourcing in customer facing roles « Launch of new competitive products and Saturday trading 2 Some leading indicators showing positive trends # Internal measurements will track and measure customer advocacy
Slide 12: Business Banking
Business Banking » Management and structural changes better align business with customer needs » Business bankers back into the branches » CommSee for Business roll out now complete » Commbiz being rolled out to key customers over next 3 months Range of metrics being measured including customer sati
Slide 13: Technology & Operational Excellence
Technology & Operational Excellence # Appointment of new IT Head to lead Group wide Technology « Successful renegotiation of EPS component of EDS contract : Re direct spend from operational to value creation initiatives » New corporate services function to drive bank-wide cost management culture » O
Slide 14: Trust & Team Spirit
Trust & Team Spirit Recent management changes strengthen the leadership team while building greater collaboration across the Group » Focus on developing people through investment in talent and training Introduction of a number of initiatives for our people # Continuing measurement of progress using
Slide 15: 2007 outlook
2007 outlook « Good result with earnings momentum going into new fiscal year : Continuing real progress made with strategic initiatives : Mainly positive outlook for the domestic economy » Competitive environment for financial services Confident in our ability to deliver solid profitable growth Conm
Slide 16: Commonwealth Bank
Commonwealth Bank Ralph Norris CHIEF EXECUTIVE OFFICER 9 August 2006 Commonwealth Bank of Australia Acn 123 123 124 MEDIA PRESENTATION OF FULL YEAR RESULTS For 30 June 2006
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