Westpac Banking Corporation · ASX:WBC
Westpac Banking — Shareholder Meeting (December 2007)
13 slides from Westpac Banking's shareholder meeting presentation, Dec 13, 2007
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 13 December 2007
Slide 2: Financial highlights
Financial highlights For personal use only Profit Earnings per share $3,451m 189¢ 3,071 167 2,698 149 2,539 129 2,183 116 2003 2004 2005 2006 2007 2003 2004 2005 2006 2007 $m Cents per share – cash basis 2 2007 Annual General Meeting
Slide 3: Efficiency
Efficiency For personal use only Expense to income ratio (%) 60 44.7% 55 51 49 50 48 47 45 40 35 30 2003 2004 2005 2006 2007 3 2007 Annual General Meeting
Slide 4: All businesses contributing
All businesses contributing For personal use only Cash earnings growth (%) Consumer Financial Services 21 Business Financial Services 11 BT Financial Group 23 Institutional Bank 1 18 NZ Banking (NZ$) 2 Pacific Banking 5 0 5 10 15 20 25 1 Excluding Structured Finance 4 2007 Annual General Meeting
Slide 5: Dividends
Dividends For personal use only Dividends 131¢ 140 120 116 100 100 86 78 80 70 62 60 54 43 47 40 20 0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Cents per share 5 2007 Annual General Meeting
Slide 6: 2007 Stakeholder Impact Report
2007 Stakeholder Impact Report For personal use only 6 2007 Annual General Meeting
Slide 7: 1: Financial reports
Item 1: Financial reports For personal use only To lay before the Annual General Meeting: • The Annual Financial Report; • Directors’ Report; and • Auditor’s Report of Westpac Banking Corporation for the year ended 30 September 2007, for shareholders to consider. 7 2007 Annual General Meeting
Slide 8: 2(a): Re-election of Director – Mr Ted Evans
Item 2(a): Re-election of Director – Mr Ted Evans For personal use only Resolution: “That Edward (Ted) Alfred Evans, who retires in accordance with Articles 9.2 and 9.3 of the Constitution, be re-elected as a Director of Westpac Banking Corporation.” 8 2007 Annual General Meeting
Slide 9: 2(b): Re-election of Director – Mr Gordon Cairns
Item 2(b): Re-election of Director – Mr Gordon Cairns For personal use only Resolution: “That Gordon McKellar Cairns, who retires in accordance with Articles 9.2 and 9.3 of the Constitution, be re-elected as a Director of Westpac Banking Corporation.” 9 2007 Annual General Meeting
Slide 10: 3: Securities granted under the new CEO Employment Agreement
Item 3: Securities granted under the new CEO For personal use only Employment Agreement “That the grant of restricted shares under the Chief Executive Officer Restricted Share Plan and the grant of performance share rights and performance options under the Chief Executive Officer Performance Plan to
Slide 11: 4: Changes to the Constitution
Item 4: Changes to the Constitution For personal use only “That the Westpac Constitution be amended as outlined in the Explanatory Notes in the Notice of Meeting.” 11 2007 Annual General Meeting
Slide 12: 5: Remuneration Report – Non-binding Vote
Item 5: Remuneration Report – Non-binding Vote For personal use only To adopt the annual Remuneration Report for Westpac for the year ended 30 September 2007. 12 2007 Annual General Meeting
Slide 13: Disclaimer
Disclaimer For personal use only The material contained in this presentation is intended to be general background information on Westpac Banking Corporation and its activities. The information is supplied in summary form and is therefore not necessarily complete. Also, it is not intended that it be
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