2007 |
2006 |
% change |
|
 |
|||
Cash Basis |
|||
|
|||
Cash earnings1 ($m) |
3,507 |
3,079 |
14 |
|
|||
Cash earnings per share (cents) |
189.4 |
167.2 |
13 |
|
|||
Cash return on equity2 (%) |
23.8 |
23 |
3 |
|
|||
Reported Earnings |
|||
|
|||
Net profit3 ($m) |
3,451 |
3,071 |
12 |
|
|||
Earnings per share (cents) |
186.9 |
167.2 |
12 |
|
|||
Dividends per share (cents) |
131 |
116 |
13 |
|
|||
Economic profit4 ($m) |
2,693 |
2,314 |
16 |
|
|||
Return on equity2 (%) |
23.5 |
23 |
2 |
|
|||
Expense to income ratio (%) |
44.7 |
46.6 |
(4) |
|
|||
Tier 1 capital ratio (%) |
6.5 |
6.9 |
(6) |
|
|||
Asset quality ratio5 (%) |
1.4 |
1.5 |
(7) |
|
|||
1 Net profit attributable to equity holders adjusted for the impact of Treasury shares, fair value changes on economic hedges of hybrid instruments,
and one-off significant items not part of ongoing business operations.
2 Return on average ordinary equity.
3 Net profit attributable to equity holders.
4 Economic profit represents the excess of adjusted profit over a minimum required rate of return on equity invested. For this purpose, adjusted profit
is defined as cash earnings, plus a proportion (70%) of the face value of franking credits paid to equity holders.
5 Net impaired assets to equity and collectively assessed provisions.