Supporting information:

G3 Registered banks: summary of selected aggregate financial data

($million)
	2004	2005	2006	2007	2008
Income statement
Interest income	15,060	18,156	21,629	25,250	29,153
Less interest expense	9,653	12,731	15,716	19,090	22,249
Net interest income	5,407	5,425	5,914	6,160	6,905
Plus non interest income	2,460	2,597	2,554	2,827	2,804
Total income	7,867	8,031	8,467	8,987	9,708
Less non interest expenses	3,786	3,846	3,702	3,870	4,171
Profit before tax and bad and doubtful debt expense	4,081	4,185	4,765	5,117	5,537
Less bad and doubtful debt expense	256	195	162	258	881
Profit before tax	3,825	3,990	4,603	4,860	4,655
Less tax	1,186	1,199	1,404	1,623	1,401
Net Profit after tax	2,639	2,791	3,199	3,237	3,255
Less distributed profit	849	1,181	2,993	2,197	2,887
Retained profit	1,790	1,602	206	1,040	367

Balance sheet
Assets
Cash and balances with Central Bank	3,088	2,816	9,504	11,489	10,831
Balances with other financial institutions	6,282	8,643	10,007	7,253	10,063
Securities	20,464	19,734	19,004	17,886	26,145
Loans and advances	186,233	203,989	231,173	263,410	294,207
Other assets	26,099	18,813	24,411	28,977	58,490
Total assets	242,166	253,996	294,099	329,014	399,735
Liabilities and equity
Equity	18,328	19,216	20,101	21,364	22,751
Deposits and other borrowings	212,369	226,434	260,815	290,294	331,659
Other liabilities	11,469	8,346	13,183	17,356	45,325
Total liabilities and equity	242,166	253,996	294,099	329,014	399,735

Average assets	230,359	248,304	275,142	311,921	355,213

Capital adequacy
Tier 1 Capital	9,103	10,828	13,257	14,167	16,985
Tier 2 Capital	2,605	2,705	4,293	5,329	5,978
Supervisory deductions	1	0	0	0	100
Total adjusted capital	11,707	13,533	17,550	19,497	22,863
Risk-weighted assets	108,038	124,056	164,521	186,016	202,191

Number of registered banks	16	16	16	17	19

Last updated 24 April 2008
Source: Reserve Bank of New Zealand