Commonwealth Bank Of Australia · ASX:CBA
Commonwealth Bank Of Australia — Debt Investor Presentation (November 2018)
29 slides from Commonwealth Bank Of Australia's debt investor presentation, Nov 1, 2018
Slide 1: CommBank PERLS XI Capital Notes Investor Presentation
CommBank PERLS XI Capital Notes Investor Presentation 1 November 2018 Investments in CommBank PERLS XI Capital Notes are an investment in CBA and may be affected by the ongoing performance, financial position and solvency of CBA. They are not deposit liabilities or protected accounts of CBA under th
Slide 2: Disclaimer
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 XI”) (the “Offer”). The Offer will be made in or accompanied by a copy of the Prospectus (“Prospectus”). CBA intends to lodge a replacement
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Slide 6: Summary of Call and Exchange Dates
Summary of Call and Exchange Dates PERLS XI 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. If none of these events occur, PERLS XI could remain on issue indefinitely and the Face Value will
Slide 7: 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 ti Redemption at CBA’s option for tax Automatic Exchange into Ordinary Automatic Exchange into Ordinary Automatic Exchange into Ordinary or regulatory
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■ ■ For personal use only ■ – – ■ ■ 50 12.0 45 CET1 10.0 (LHS, $bn) 40 35 8.0 CET1 ($bn) 30 CET1 (%) CET1 25 6.0 (RHS, %) 20 4.0 15 10 APRA 2.0 CET1 Min 5 inc CCB buffer applicable - 0.0 to D-SIBs (RHS, %)
Slide 9: Loss absorption capacity and AT1 distribution protection
Loss absorption capacity and AT1 distribution protection CBA CET1 & Loss APRA CET1 requirements Absorption Capacity Earnings available for Future earnings AT] distribution protection CETIRatio —CETIRanges _—_ dividends, ATT = $9.2bn* 2 ¢ CBA would expect to give priority vices 8 Cistrutions, 10.1% C
Slide 10: Key Dates
nn eee Key Dates Securityholder Offer Record Date 25 October 2018 Reinvestment Offer Record Date 25 October 2018 Lodgement of Prospectus with ASIC 1 November 2018 Opening Date for the Reinvestment Offer 9 November 2018 Bookbuild 8 November 2018 Closing Date for the Reinvestment Offer Boo pmn Sy dney
Slide 11: Key Features of CommBank PERLS XI Capital Notes
Key Features of CommBank PERLS XI Capital Notes
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Slide 17: Comparison between PERLS XI and other types of investments in CBA
Comparison between PERLS XI and other types of investments in CBA There are differences between savings accounts, term deposits, PERLS X, PERLS XI and Ordinary Shares. You should consider these differences in light of your investment objectives, financial situation and particular needs (including fi
Slide 18: Information about CBA
Information about CBA
Slide 19: FY18 Financial Results
Ne FY18 Financial Results FYB vs. FY17 8 vs. FY17 Cash NPAT ($m)! 9233 (4.8%) Group ($m) (4.8%) ROE (Cash) (%)! 141% (160) bpts Retail Banking Services ($m) 45.3% Cash EPS (cents)! 5286 (6.2%) Business and Private Banking (Sm) 1888 +4.4% DPS ($) 431 +2 cents Institutional Banking & Markets ($m) ou (
Slide 20: Sound credit quality
Sound credit quality Impairment expense at 15 bpts ic Group Basis Points of GLAA' Consumer 18 Corporate 10 FYo9 FY10 FY11 FY12 FY13 FY14 FY1S FY16 FY17 FY18 1. Cash LIE as a percentage of average GLAA (bpts). FY09 includes Bankwest on a proforma basis and is based ‘on LIE for the year. Statutory LIE
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For personal use only 1 1 106 (6) (8) 8 (1) (7) 2 (33) 10.4% (67) (7) (5) (10) 10.1% Organic Capital Generation +32 bpts One-off items (52) bpts Dec 17 Dividends Cash Credit Market IRRBB Underlying AUSTRAC Operational Colonial BoComm Other Jun 18 APRA (Net of DRP) NPAT RWA RWA RWA Operational Penalt
Slide 22: Funding and liquidity
nn eee Funding and liquidity Wholesale funding maturity profile (ASbn) Funding composition - Jun 18 Zz veut Weighted average maturity 5.1 years’ Customer Deposits I r ’ ST Wholesale Funding’ LT Wholesale Funding > 12 months 33 30 31 35 20 47 LT Wholesale Funding < 12 months Covered Bonds Hybrids Sho
Slide 23: Bank Hybrid Securities Basics
Bank Hybrid Securities Basics
Slide 24: 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 XI Capital Notes. You can find this guidance by searching “hybrid securities” at CBA has developed an interactive module on bank hybr
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Slide 26: Contacts
For personal use only Contacts PERLS XI Information Line - 1800 132 009 (Monday to Friday 8.00am - 7.30pm, Sydney time) during the Offer Period Commonwealth Bank of Australia Terry Winder, Group Treasurer +612 93031711 Michael Parker, Head of Capital & Regulatory Strategy +61 29118 1874 Amanda Taylo
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Commonwealth Bank of Australia — Debt Investor Presentation (November 2018) on 6ix