Westpac Banking Corporation · ASX:WBC
Westpac Banking — Shareholder Meeting (December 2009)
7 slides from Westpac Banking's shareholder meeting presentation, Dec 16, 2009
Slide 1: 2009 Annual General Meeting
2009 Annual General For personal use only Meeting Ted Evans Chairman Westpac Banking Corporation ABN 33 007 457 141 Revenue and Cash Earnings $ million 18,000 16,000 Revenue1 Cash Earnings 1 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 2005 2006 2007 2008 2009 1 Both Revenue and Cash Earnings have
Slide 2: Dividends
Dividends Cents per share 160 140 For personal use only 120 100 80 60 40 20 0 2005 2006 2007 2008 2009 The Westpac Group 2009 Annual General Meeting 3 2009 Annual General Meeting Gail Kelly Chief Executive Officer Westpac Banking Corporation ABN 33 007 457 141
Slide 3: Key areas of focus in 2009
Key areas of focus in 2009 Position the Group strongly through the GFC and economic downturn Deliver on our strategic agenda For personal use only Effectively manage the St.George merger and restore St.George growth The Westpac Group 2009 Annual General Meeting 5 Positioned strongly through th
Slide 4: Deliver on our strategic agenda
Deliver on our strategic agenda Customers at the centre of the business Investment in distribution For personal use only Make it easier for our customers to do business with us Pull together as One Team Brands: more choice for customers The Westpac Group 2009 Annual General Meeting 7 Trans
Slide 5: A Transformational year
A Transformational year Sept 08 Sept 09 Movements Customers 7m 10m 40% distribution uplift Branches (Aust) 1,045 1,645 Customers NPS1 Westpac RBB -24 -15 For personal use only Improving NPS NPS1 St.George -13 -9 Housing 14% 23% Australian Business 13% 18% Around 1% of mortgage and deposi
Slide 6: Changes to the environment from the Global Financial Crisis
Changes to the environment from the Global Financial Crisis Customers Industry Regulatory Customers choosing lower Deleveraging and easing of Many institutions have adjusted their business For personal use only debt and more equity stimulus packages to impact sector growth models. Regulatory c
Slide 7: Well positioned for improving outlook
Well positioned for improving outlook Continued uncertainty in global environment Strong household sector supporting Australian economic recovery For personal use only Impairment charges likely peaked and although more impairments to come we are strongly provisioned Clear focus on our key st
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