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Supporting information:

G3 Registered banks: summary of selected aggregate financial data


                     
     
    Jun 2008 Sep 2008 Dec 2008 Mar 2009 Jun 2009 Sep 2009 Dec 2009 Mar 2010
Income statement ($m)                  
(Data is for a 12 month period)                  
Interest income   27,959 28,819 29,153 28,056 25,929 23,501 21,203 20,169
Less: interest expense   21,462 22,265 22,249 21,097 18,892 16,364 14,304 13,228
Net interest income   6,497 6,553 6,905 6,959 7,037 7,137 6,899 6,941
Plus:other operating income   2,678 2,628 2,738 3,031 2,913 2,582 2,632 2,129
Total income   9,175 9,181 9,643 9,991 9,950 9,720 9,530 9,070
                     
Less: operating expenses   3,971 4,116 4,171 4,202 4,239 4,229 4,222 4,252
Profit before provision for credit impairment   5,204 5,065 5,471 5,789 5,711 5,490 5,309 4,818
Less: provision for credit impairment   429 627 881 1,381 1,901 2,317 2,397 2,145
Plus / minus: non-operating income or expenses 1 161 228 66 -144 -775 -2,216 -1,727 -1,704
Profit before income tax   4,936 4,666 4,655 4,263 3,035 958 1,185 969
Less: income tax expense   1,508 1,419 1,401 1,433 1,215 912 860 705
Profit after income tax   3,428 3,247 3,255 2,830 1,820 46 325 264
                     
Profit attributable to minority interest   37 46 55 39 38 35 30 25
Profit attributable to shareholders   3,391 3,201 3,199 2,791 1,782 12 295 239
                     
Balance sheet assets ($m)                  
(Data is as at the end-of- quarter)                  
Cash and balances with central bank   10,034 11,410 10,831 8,367 8,301 7,777 11,566 8,087
Balances with other financial institutions   6,879 7,419 10,063 8,343 7,852 8,146 5,693 4,824
Securities   19,443 20,147 26,145 30,051 26,535 26,490 28,181 29,449
Mortgage lending   150,651 151,802 153,766 160,308 161,862 163,042 165,484 165,549
Other lending   129,488 134,488 140,441 133,421 132,902 132,457 127,593 128,912
Other assets   27,318 38,760 58,490 57,204 44,935 42,278 38,223 37,294
Total assets   343,814 364,026 399,735 397,694 382,387 380,190 376,740 374,115
                     
Equity and liabilities ($m)                  
(Data is as at the end-of- quarter)                  
Equity   22,606 22,717 22,751 20,372 20,481 20,062 21,251 21,230
Subordinated debt   10,414 10,622 11,468 10,610 10,154 9,616 11,750 12,046
Deposits and other borrowings   295,381 307,092 320,191 321,439 313,311 314,674 316,774 313,838
Other liabilities   15,412 23,596 45,325 45,273 38,442 35,837 26,965 27,001
Total equity and liabilities   343,814 364,026 399,735 397,694 382,387 380,190 376,740 374,115
                     
Average assets 2 329,284 339,203 354,711 368,447 377,531 384,806 387,349 382,225
                     
Total assets of banks incorporated overseas   158,162 165,304 175,876 308,261 295,352 292,833 289,987 287,698
Total assets of banks incorporated in New Zealand   301,257 319,474 351,169 343,575 335,327 331,387 328,799 327,936
Total assets of overseas owned banks   333,301 352,428 384,089 381,562 365,527 362,735 357,759 355,006
Total assets of New Zealand owned banks   10,512 11,599 15,646 16,132 16,860 17,454 18,981 19,109
                     
Income related ratios (%)                  
(Data is as at the end-of- quarter)                  
Return on assets   1.03 0.94 0.90 0.76 0.47 0.00 0.08 0.06
Return on equity 3 16.15 14.88 14.27 12.22 7.27 3.20 2.89 2.37
Net interest rate margin   2.12 2.09 2.14 2.10 2.09 2.10 2.01 2.03
Other income / total income   29.18 28.62 28.40 30.34 29.28 26.57 27.62 23.47
Other expenses / total income   43.28 44.84 43.26 42.06 42.60 43.51 44.30 46.88
Other expenses / average total assets   1.21 1.21 1.18 1.14 1.12 1.10 1.09 1.11
                     
Balance sheet ratios (%)                  
(Data is is as at the end-of- quarter)                  
Tier 1 capital ratio 3 8.00 8.58 8.46 8.88 9.04 9.14 9.52 9.64
Total capital ratio 3 11.11 11.62 11.39 11.84 12.06 12.12 12.61 12.68
Non-performing loans / gross lending   0.51 0.61 0.94 1.34 1.53 1.63 1.72 1.89
Year on year change in total assets   9.34 12.99 21.50 18.02 11.22 4.44 -5.75 -5.93
                     
Number of registered banks   17 17 18 19 18 19 19 19
                     
1 The large negative amount from June 2009 arises from provisions by major banks for long-running "structured finance" tax cases settled in December 2009. The combined liability accepted exceeded $2.2bn.
                     
2 Calculated using the end of quarter assets over the previous twelve month period.
                     
3 New Zealand incorporated banks only
                     
For more information download the historical data above.
Last updated 29 July 2010
Source: General Disclosure Statements