Commonwealth Bank Of Australia · ASX:CBA
Commonwealth Bank Of Australia — Debt Investor Presentation (October 2019)
28 slides from Commonwealth Bank Of Australia's debt investor presentation, Oct 9, 2019
Slide 1: CommBank PERLS XII Capital Notes Investor Presentation
CommBank PERLS XII Capital Notes Investor Presentation 9 October 2019 : investment in CBA and ma performance, financ i ' 1 fedepesit liabilities or pro f the Banking Act 1 : : > =
Slide 2: Disclaimer
Ne Disclaimer This presentation has been prepared by the Commonwealth Bank of Australia (“CBA”) in relation to the offer of CommBank PERLS XI! Capital Notes (“PERLS XII”) (the “Offer”). The Offer will be made in or accompanied by a copy of the Prospectus (“Prospectus”). CBA intends to lodge a replac
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Slide 5: Summary of Call and Exchange Dates
Summary of Call and Exchange Dates PERLS XII do not have a fixed maturity date but may be Exchanged into Ordinary Shares, Redeemed or Resold. The diagram below summarises when these events could occur. !f.none of these events occur, PERLS XII could remain on issue indefinitely and the Face Value wil
Slide 6: Summary of events that may occur at any time
nn eee Summary of events that may occur at any time The diagram below summarises events that could happen at any time. Events that could occur at any time Redemption at CBA’s option for Automatic Exchange into Automatic Exchange into Automatic Exchange into tax or regulatory reasons or if Ordinary S
Slide 7: CBA's unquestionably strong capital position
CBA’s unquestionably strong capital position CBA is well placed to meet APRA’s unquestionably strong capital target 18.0% + : a As at 30 Jun 2019, CBA’s Level 2 CET1 ' ratio was 10.7%, well above APRA’s 15.5% ‘unquestionably strong’ benchmark CET1 Et) a a —_— ratio of 10.5% or more by 1 Jan 2020. 1
Slide 8: Loss absorbing capacity and AT1 distribution protection
Loss absorbing capacity and AT1 distribution protection CBA CET1 & Loss APRA CET1 requirements Absorbing Capacity Earnings available for 7 AT] distribution protection Future earnings . avs = §8.5bn* . _ CETI Ratio CETI Ranges —_ dividends, ATI n g CBA would expect to give priority distributions, w B
Slide 9: Key Dates
nn eee Key Dates Securityholder Offer Record Date 2 October 2019 Lodgement of Prospectus with ASIC 9 October 2019 Bookbuild 16 October 2019 Announcement of Margin 17 October 2019 Opening Date for the Offer and lodgement of the replacement prospectus with ASIC 17 October 2019 Closing Date for the Off
Slide 10: Key Features of CommBank PERLS XII Capital Notes
Key Features of CommBank PERLS XII Capital Notes
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Slide 16: Comparison between PERLS XII and other types of investments in CBA
nn eee Comparison between PERLS XII and other types of investments in CBA There are differences between savings accounts, term deposits, PERLS XI, PERLS XII and Ordinary Shares. You should consider these differences in light of your investment objectives, financial situation and particular needs (in
Slide 17: Information about CBA
Information about CBA
Slide 18: FY19 Financial Results — Overview
Ne FY19 Financial Results — Overview Ss DR srs PN seus “(fash NPAT! ($m) 8,492 (4.7%) Total assets ($bn) oT +0.1% (ROE (Cash) (%) DE nips Total liabilities (Sbn) 907 Flat «Cash EPS! (cents) a8 (29¢) RWA ($bn) > re (prs ($) 431 Flat Group Deposits (Sbn) 635 +2.0% ~_Cost-to-Income!? (%) 46.2% 210bpts
Slide 19: Home, Business and Institutional Lending
For personal use only Home Business Insto. Lending Lending Lending 169,648 162,767 155,147
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Slide 21: Capital
Capital Expect a significant capital surplus CET1 11.8% Capital Management (18)bpts - + Strong capital position due to bpts timing divestments SA-CCR2 (7) Jul-19 AASB162 (11) Jul-19 + FY19 dividend maintained and HLRWA? ~~ Jan-22 DRP neutralised RBNZ4 - TBD LAG ~ — Jan-24 * Creates flexibility for t
Slide 22: Bank Hybrid Securities Basics
Bank Hybrid Securities Basics
Slide 23: Bank hybrid securities basics
Bank hybrid securities basics ASIC has published guidance on hybrid securities on its MoneySmart website which may be relevant to your consideration of CommBank PERLS XII Capital Notes. You can find this guidance by searching “hybrid securities” at CBA has developed an interactive module on bank hyb
Slide 24: Key Contacts
— Key Contacts Ajuo esn feuosied 10)
Slide 25: Contacts
Contacts PERLS XII Information Line - 1800 992 547 (Monday to Friday 8.00am — 7.30pm, Sydney time) during the Offer Period mmonwealth Bank of Australia Terry Winder Sally Choi = Group Treasurer Head of Capital Strategy and G&G Execution Oo +6129303 1711 +612 9117 1214 (Commonwealth Bank of Australia
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Commonwealth Bank of Australia — Debt Investor Presentation (October 2019) on 6ix