Commonwealth Bank of Australia · ASX:CBA

Commonwealth Bank of Australia — H1 2006 Earnings Presentation

12 slides from Commonwealth Bank of Australia's earnings presentation, Feb 15, 2006

  1. Slide 1: Media Presentation of Half Year Results for 31 December 2005

    Media Presentation of Half Year Results for 31 December 2005 Ralph Norris Chief Executive Officer 15 February 2006

  2. 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, 15 February 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

  3. Slide 3: Agenda

    Agenda  Highlights  Priorities  Outlook  Questions 3

  4. Slide 4: Highlights

    Highlights Dec 05 vs Dec 05 vs Dec 05 Jun 05 Dec 04 Cash NPAT $2,061m 17% 19% Cash EPS (excl HK) 149.5cps 13% 13% Dividend 94c - 11% Which new Bank benefits $506m 20% 68% 4

  5. Slide 5: Good half year result

    Good half year result 2500 2000 Scorecard Dec 05 145 $2,061m (25) 86 $1,916 Volume Growth  2 14 80 1500 $1,759m Interest Margin  Non Int.Income  1000 Expenses  Provisions  500 Tax  0 Cash EPS  Cash Banking Funds Insurance S/H WnB Cash Profit on Cash Jun 05 NPAT Banking Funds Mgt Mgt Insuranc

  6. Slide 6: Highlights - dividend

    Highlights - dividend Dividend (cents per share) 200 112 104 160 82 85 120 Cents 80 94 85 79 68 69 40 0 2002 2003 2004 2005 2006 First Half Second Half 6

  7. Slide 7: Highlights - market position

    Highlights - market position Dec 05 Jun 05 Home Loans  18.9% 19.0% NZ Lending  23.2% 23.0% Credit Cards  21.8% 22.8% Funds Mgt. – Aust. Retail  14.7%(1) 14.6% Transaction Services (corporate)  22.1% 22.1% Transaction Services (commercial)  25.1% 24.8% Personal Lending  16.0% 16.7% NZ Deposits

  8. Slide 8: Which new Bank

    Which new Bank  Financial targets are being exceeded  CommSee deployment and technical training complete  CommWay delivering faster processes  Customer satisfaction not yet acceptable 8

  9. Slide 9: Which new Bank

    Which new Bank Strength of Relationship 6.1 6.1 5.8 5.8 5.8 5.9 5.9 5.8 5.7 5.7 5.4 Jun 03 Sep 03 Dec 03 Mar 04 Jun 04 Sep 04 Dec 04 Mar 05 Jun 05 Sep 05 Dec 05 Source: Research International 9

  10. Slide 10: CEO Priorities

    CEO Priorities  Customer Service  Business Banking  Technology  Trust & Team Spirit  Superior operating and financial results 10

  11. Slide 11: 2006 outlook

    2006 outlook  Global Economy – Economic growth expected to remain solid – Oil prices and rate of growth in China will influence domestic economy  Domestic Economy – Business credit growth strong – Consumer credit growth moderated, particularly housing – Credit quality, employment and business conf

  12. Slide 12: Media Presentation of Half Year Results for 31 December 2005

    Media Presentation of Half Year Results for 31 December 2005 Ralph Norris Chief Executive Officer 15 February 2006

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