DOCSLIB.ORG

18 November 2020 Market Announcements Office ASX Limited

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
18 November 2020 Market Announcements Office ASX Limited 18 November 2020 Market Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000 Australia and New Zealand Banking Group Limited – ANZ New Zealand Branch Registered Bank Disclosure Statement Australia and New Zealand Banking Group Limited (ANZ) today released its ANZ New Zealand Branch Registered Bank Disclosure Statement for the year ended 30 September 2020. It has been approved for distribution by ANZ’s Board of Directors. Yours faithfully Simon Pordage Company Secretary Australia and New Zealand Banking Group Limited Australia and New Zealand Banking Group Limited ABN 11 005 357 522 ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008 AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ANZ NEW ZEALAND REGISTERED BANK DISCLOSURE STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2020 NUMBER 43 | ISSUED NOVEMBER 2020 CONTENTS Glossary of terms 2 DISCLOSURE STATEMENT Financial Statements 3 Consolidated financial statements 4 Notes to the financial statements 8 Registered Bank Disclosures 72 Directors’ and New Zealand Chief Executive 90 Officer’s Statement Independent Auditor’s Report 91 GLOSSARY OF TERMS In this Registered Bank Disclosure Statement (Disclosure Statement) unless the context otherwise requires: Bank means ANZ Bank New Zealand Limited. Banking Group means the Bank and all its controlled entities. Immediate Parent Company means ANZ Funds Pty Limited, which is the immediate parent company of ANZ Holdings (New Zealand) Limited. Ultimate Parent Bank means Australia and New Zealand Banking Group Limited. Overseas Banking Group means the worldwide operations of Australia and New Zealand Banking Group Limited including its controlled entities. New Zealand business means all business, operations, or undertakings conducted in or from New Zealand identified and treated as if it were conducted by a company formed and registered in New Zealand. NZ Branch means the New Zealand business of the Ultimate Parent Bank. ANZ New Zealand, We or Our means the New Zealand business of the Overseas Banking Group. OnePath means OnePath Life (NZ) Limited. UDC means UDC Finance Limited. Registered Office is Level 10, 171 Featherston Street, Wellington, New Zealand, which is also ANZ New Zealand’s address for service. RBNZ means the Reserve Bank of New Zealand. APRA means the Australian Prudential Regulation Authority. the Order means the Registered Bank Disclosure Statements (Overseas Incorporated Registered Banks) Order 2014. Any term or expression which is defined in, or in the manner prescribed by, the Order shall have the meaning given in or prescribed by the Order. 2 FINANCIAL STATEMENTS Consolidated financial statements Income statement 4 Statement of comprehensive income 4 Balance sheet 5 Cash flow statement 6 Statement of changes in equity 7 Notes to the consolidated financial statements Basis of preparation Non -financial assets 1. About our financial statements 8 19. Goodwill and other intangible assets 55 Financial performance Non -financial liabilities 2. Operating income 12 20. Other provisions 58 3. Operating expenses 14 4. Income tax 15 Equity 5. Dividends 16 21. Shareholders' equity 60 6. Segment reporting 16 22. Capital management 61 Financial assets Consolidation and presentation 7. Cash and cash equivalents 18 23. Controlled entities 62 8. Trading securities 19 24. Structured entities 63 9. Derivative financial instruments 20 25. Transfers of financial assets 65 10. Investment securities 25 26. Divestments 65 11. Net loans and advances 26 12. Allowance for expected credit losses 27 Other disclosures 27. Related party disclosures 66 Financial liabilities 28. Commitments and contingent liabilities 68 13. Deposits and other borrowings 34 29. Compensation of auditors 70 14. Debt issuances 35 Financial instrument disclosures 15. Financial risk management 37 16. Fair value of financial assets and financial liabilities 50 17. Assets charged as security for liabilities 53 and collateral accepted as security for assets 18. Offsetting 54 3 AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ANZ NEW ZEALAND 2020 DISCLOSURE STATEMENT FINANCIAL STATEMENTS INCOME STATEMENT 2020 2019 For the year ended 30 September Note NZ$m NZ$m Interest income 5,580 6,508 Interest expense (2,349) (3,276) Net interest income 2 3,231 3,232 Other operating income 2 789 935 Net income from insurance business 2 - 27 Share of associates' profit 2 - 4 Operating income 4,020 4,198 Operating expenses 3 (1,754) (1,609) Profit before credit impairment and income tax 2,266 2,589 Credit impairment charge 12 (401) (99) Profit before income tax 1,865 2,490 Income tax expense 4 (529) (665) Profit for the year 1,336 1,825 STATEMENT OF COMPREHENSIVE INCOME 2020 2019 For the year ended 30 September NZ$m NZ$m Profit for the year 1,336 1,825 Other comprehensive income Items that will not be reclassified subsequently to profit or loss (6) (33) Items that may be reclassified subsequently to profit or loss Reserve movements: Unrealised gains / (losses) recognised directly in equity 122 (31) Realised losses transferred to the income statement 12 14 Income tax attributable to the above items (36) 15 Other comprehensive income after tax 92 (35) Total comprehensive income for the year 1,428 1,790 The notes appearing on pages 8 to 70 form an integral part of these financial statements 4 FINANCIAL STATEMENTS BALANCE SHEET 2020 2019 As at 30 September Note NZ$m NZ$m Assets Cash and cash equivalents 7 8,248 2,709 Settlement balances receivable 378 193 Collateral paid 1,394 2,324 Trading securities 8 12,797 8,942 Derivative financial instruments 9 9,756 11,653 Investment securities 10 9,893 7,027 Net loans and advances 11 132,984 133,264 Deferred tax assets1 4 330 80 Goodwill and other intangible assets 19 3,092 3,276 Premises and equipment1 590 335 Other assets 625 689 Total assets 180,087 170,492 Liabilities Settlement balances payable 2,908 1,590 Collateral received 1,275 991 Deposits and other borrowings 13 127,997 117,071 Derivative financial instruments 9 8,166 10,912 Current tax liabilities 237 110 Payables and other liabilities1 1,135 1,174 Employee entitlements 143 138 Other provisions 20 389 314 Debt issuances 14 23,827 25,593 Total liabilities (excluding head office account) 166,077 157,893 Net assets (excluding head office account) 14,010 12,599 Equity Share capital and initial head office account 21 11,055 11,055 Reserves 118 21 Retained earnings1 2,837 1,523 Total equity & head office account 14,010 12,599 1 On adoption of NZ IFRS 16 Leases on 1 October 2019, ANZ New Zealand recognised right-of-use assets of NZ$309 million presented within Premises and equipment and lease liabilities of NZ$333 million presented within Payables and other liabilities. This resulted in a reduction to opening retained earnings of NZ$17 million and an increase in deferred tax assets of NZ$7 million. Comparative information has not been restated. Refer to Note 1 for further details. The notes appearing on pages 8 to 70 form an integral part of these financial statements 5 AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ANZ NEW ZEALAND 2020 DISCLOSURE STATEMENT FINANCIAL STATEMENTS CASH FLOW STATEMENT 2020 2019 For the year ended 30 September Note NZ$m NZ$m Profit after income tax 1,336 1,825 Adjustments to reconcile to net cash flows from operating activities: Depreciation and amortisation 158 81 Loss on sale and impairment of premises and equipment 5 10 Goodwill impairment 28 - Net derivatives/foreign exchange adjustment (1,053) 213 Proceeds from divestments net of intangibles disposed of, classified as investing activities (533) (646) Other non-cash movements 23 (128) Net (increase)/decrease in operating assets: Collateral paid 930 (405) Trading securities (3,855) (918) Net loans and advances 280 (4,587) Other assets (371) 1,132 Net increase/(decrease) in operating liabilities: Deposits and other borrowings (excluding borrowings from Immediate Parent and Ultimate Parent Bank) 11,655 5,416 Settlement balances payable 1,318 (476) Collateral received 284 146 Other liabilities (130) 54 Total adjustments 8,739 (108) Net cash flows from operating activities1 10,075 1,717 Cash flows from investing activities Investment securities: Purchases (5,569) (2,347) Proceeds from sale or maturity 2,790 1,963 Proceeds from divestments 26 659 747 Other assets (64) (88) Net cash flows from investing activities (2,184) 275 Cash flows from financing activities Debt issuances2 Issue proceeds 2,327 4,010 Redemptions (3,885) (3,909) Borrowings from Immediate Parent and Ultimate Parent Bank:3 Loans drawn down 140 1,487 Repayments (884) (2,903) Repayment of lease liabilities4 (50) - Dividends paid - (375) Net cash flows from financing activities (2,352) (1,690) Net change in cash and cash equivalents 5,539 302 Cash and cash equivalents at beginning of year 2,709 2,407 Cash and cash equivalents at end of year 8,248 2,709 1 Net cash provided by operating activities includes income taxes paid of NZ$702 million (2019: NZ$792 million). 2 Movement in debt issuances (Note 14 Debt Issuances) also includes a NZ$557 million decrease (2019: NZ$403 million increase) from the effect of foreign exchange rates, a NZ$286 million increase (2019: NZ$657 million increase) from changes in fair value hedging instruments and a NZ$63 million increase (2019: NZ$102 million decrease) of other changes. 3 Movement in borrowings from Immediate Parent and Ultimate Parent Bank (Note 13 Deposit and Other Borrowings) also includes a NZ$50 million decrease (2019: NZ$47 million increase) from the effect of foreign exchange rates, a NZ$64 million increase (2019: NZ$104 million increase) from changes in fair value hedging instruments and a NZ$1 million increase (2019: nil) of other changes. 4 Relates to repayments of lease liabilities which ANZ New Zealand commenced recognising on 1 October 2019 following the adoption of NZ IFRS 16.
Load more

Recommended publications
  • Offering Memorandum ANZ National Bank Limited
    Offering Memorandum ANZ National Bank Limited (incorporated with limited liability in New Zealand) as Issuer and Guarantor ANZ National (Int’l) Limited (incorporated with limited liability in New Zealand) acting through its London branch as Issuer US$10,000,000,000 Medium-Term Notes Series A Notes Due One Year or More from Date of Issue Series B Notes Due from 12 Months to 60 Months from Date of Issue ANZ National Bank Limited’s obligations as Issuer or Guarantor of the Series B Notes are Guaranteed by Her Majesty the Queen in right of New Zealand ANZ National Bank Limited (“ANZ National”) and ANZ National (Int’l) Limited (“ANZNIL”), acting through its London branch (each an “Issuer” and together, the “Issuers”), subject to compliance with all relevant laws, regulations and directives, may from time to time issue medium-term notes. Notes of ANZ National are referred to as “ANZ National Notes”, notes of ANZNIL are referred to as “ANZNIL Notes” and ANZ National Notes and ANZNIL Notes are collectively referred to as “Notes”. Notes may be issued as Series A Notes, which are due one year or more from date of issue, or as Series B Notes, which are due from 12 months to 60 months from date of issue. Series B Notes will have the benefit, directly in the case of ANZ National Notes and indirectly in the case of ANZNIL Notes, of the Crown Wholesale Funding Guarantee, dated December 23, 2008 and Supplemental Deed to the Crown Wholesale Funding Guarantee, dated February 19, 2009 (collectively, the “Crown Guarantee”) executed on behalf of Her Majesty the Queen in right of New Zealand acting by and through the Minister of Finance (the “Crown”) if a Guarantee Eligibility Certificate (as defined in the Crown Guarantee) has been issued in respect of such Notes (such Notes being referred to in this Offering Memorandum as “Crown Guaranteed Notes”).
    [Show full text]
  • Australia and New Zealand Banking Group Limited ANZ National Bank
    Level: 3 – From: 3 – Tuesday, July 21, 2009 – 08:22 – eprint6 – 4135 Intro Australia and New Zealand Banking Group Limited Australian Business Number 11 005 357 522 (Incorporated with limited liability in Australia and registered in the State of Victoria) as Issuer ANZ National Bank Limited (incorporated with limited liability in New Zealand) as Issuer and Guarantor of Notes issued by ANZ National (Int’l) Limited ANZ National (Int’l) Limited (incorporated with limited liability in New Zealand) as Issuer US$60,000,000,000 Euro Medium Term Note Programme Under the Euro Medium Term Note Programme described in this Base Prospectus (the “Programme”), Australia and New Zealand Banking Group Limited (“ANZBGL”), ANZ National Bank Limited (“ANZNBL”) and ANZ National (Int’l) Limited (“ANZNIL”) (each an “Issuer” and together the “Issuers”), subject to compliance with all relevant laws, regulations and directives, may from time to time issue euro medium term notes (the ‘’Notes”). The payment of all amounts due in respect of any Notes issued by ANZNIL will be unconditionally and irrevocably guaranteed by ANZNBL (the “Guarantor”). The Notes issued by ANZNBL or ANZNIL are not guaranteed by ANZBGL. Unsubordinated Notes (as defined below) issued by ANZBGL may have the benefit of a guarantee provided by the Commonwealth of Australia (the “Commonwealth”, and such Notes being “Commonwealth Guaranteed Notes”). Notes issued by ANZNBL or ANZNIL may have the benefit of a guarantee provided by Her Majesty the Queen in right of New Zealand acting by and through the Minister of Finance (the “Crown”, and such Notes being “Crown Guaranteed Notes“).
    [Show full text]
  • 2010 Annual Report
    ANZ 2010 ANZ AnnualReport 2010 YOUR ANZ YOUR WORLD ANNUAL REPORT 2010 We live in your world Cover: James Riley, Relationship Manager and Jenny Fan, Assistant Manager, Business Banking, Melbourne, Australia BUILDING A BANK OF GLOBAL QUALITY WITH A REGIONAL FOCUS Almost three years ago ANZ took a decision to change. We set an aspiration to become a super regional bank – a bank of global quality with clear strategy to focus on growth in Asia Pacifi c, one of the world’s fastest growing regions. We had strong franchise in retail, commercial and institutional banking Together, our franchise, our clear strategy and the actions we have in our home markets of Australia and New Zealand and an existing but taken to change have uniquely positioned us to ride the wave of under developed presence in Asia dating back more than 30 years. growth in the region and to create value for our customers and for Our aspiration and the foundation we had to build on played perfectly our shareholders. into the growing economic, trade, educational and cultural linkages Today, ANZ is the only Australian bank with a clearly articulated between Australia, New Zealand and Asia Pacifi c. strategy to take advantage of Australia and New Zealand’s With our roadmap for change, ANZ remained well capitalised and geographic, business and cultural linkages with Asia, the fastest profi table through a time of great turmoil in global markets. This has growing region in the world. enabled us to take advantage of opportunities to grow and to make tangible progress toward becoming a leading bank in the region.
    [Show full text]
  • Right Place Right Time 2012 Annual Report
    2012 ANNUAL REPORT RIGHT PLACE RIGHT TIME OUR SUPER REGIONAL STRATEGY PUTS ANZ IN THE RIGHT PLACE AT THE RIGHT TIME OUR PEOPLE AND UNIQUE STRATEGY ARE THE KEYS TO OUR SUCCESS ANZ IS EXECUTING A FOCUSED STRATEGY TO BUILD THE BEST CONNECTED, MOST RESPECTED BANK ACROSS THE ASIA PACIFIC REGION. WHO WE ARE AND HOW WE OPERATE ANZ’s history of expansion and growth stretches over 175 years. We have a strong franchise in Retail, Commercial and Institutional banking in our home markets of Australia and New Zealand and we have been operating in Asia Paci c for more than 30 years. Today, ANZ operates in 32 markets globally. We are the third largest bank in Australia, the largest banking group in New Zealand and the Paci c, and among the top 20 banks in the world. Res pon P nd for si u OUR SUPER a ou bl r n ed k r c e p o t an pe u gr i ec b op st o o REGIONAL STRATEGY s n d n le om w i n te io a th s o c eg n e V c e r d rs a e t p r c , n s s u o sh d » Strengthening our business in e e o m b r s a p t s m r r e s o e o Australia, New Zealand and the r u h s h o n T c o p m a i t ld e Paci c, while establishing a signi cant ie r e i s r t s y presence in key markets in Asia.
    [Show full text]
  • 2019 Annual Report Australia and New Zealand Bank (China) Company Limited
    2019 Annual Report Australia and New Zealand Bank (China) Company Limited Table of Contents I. Company Profile and Milestones in 2019 -------------------------------------- 1 II. Basic Information of the Company -------------------------------------------- 2 III. Summary of Financial Statements ----------------------------------------------- 3 IV. Risk Management ---------------------------------------------------------------- 4 V. Services for Small & Micro Enterprises --------------------------------------- 16 VI. Corporate Governance ---------------------------------------------------------- 17 VII. Equity Information Disclosure ----------------------------------------- 19 VIII. Remuneration -------------------------------------------------------------------- 24 IX. Corporate Social Responsibility --------------------------------------------------28 X. Significant Matters -------------------------------------------------------------- 29 XI. Financial Statements ------------------------------------------------------------ 30 XII. Network and Contact ------------------------------------------------------------ 31 I． Company Profile & Milestones in 2019 Opened in October 2010, Australia and New Zealand Bank (China) Company Limited (“ANZ China” or the “Bank”) is a wholly owned subsidiary by Australia and New Zealand Banking Group Company Limited (“ANZ Group”). ANZ Group has more than 30 years’ presence in China and now is the only Australian bank locally incorporated in China. As one of the largest Australian investors, ANZ China is well-positioned
    [Show full text]
  • ANZ 2020 Annual Report
    9 November 2020 Market Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000 ANZ 2020 Annual Report Australia and New Zealand Banking Group Limited (ANZ) today released its 2020 Annual Report. It has been approved for distribution by ANZ’s Board of Directors. Yours faithfully Simon Pordage Company Secretary Australia and New Zealand Banking Group Limited For personal use only Australia and New Zealand Banking Group Limited ABN 11 005 357 522 ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008 For personal use only 2020 ANNUAL REPORT Overview How we Performance Remuneration Directors’ Financial Shareholder create value overview report report report information CUSTOMER STORY ADAPTING Growing business An ANZ customer for more than 50 years, fellahamilton has been during a crisis in the business of Australian women’s fashion since the early 1970s. Today, the company is managed by David Hamilton (son of the eponymous founder) and his wife, Sharon Hamilton, CEO. When the COVID-19 pandemic first hit Australia in March, times were challenging. Within the first few weeks of lockdowns, dentists and hospitals. We’ve hired back they had to let go of employees at their all of our staff and have never been busier,” Moorabbin factory and retail stores says Sharon. nationally were shut. David credits the move into making PPE However, shortly after, a doctor friend of to his wife’s optimistic nature and tendency Sharon’s asked her to make a scrub set, as to ‘think outside the box’. there was a limited supply of Personal “Changing direction wasn’t easy,” says David.
    [Show full text]
  • Billabong International Limited ANZ Gives This Notice of Change in Interest
    11 August 2006 Company Announcements Australian Stock Exchange Level 10 20 Bond Street SYDNEY NSW 2000 Notice of change in interest of substantial holder- Billabong International Limited ANZ gives this notice of change in interest of substantial holding in respect of Billabong International Limited. Yours faithfully John Priestley Company Secretary Form 604 Corporations Act 2001 Section 671B Notice of change in interests of substantial holder Billabong International Limited (the "Entity") To Company Name ACN/ABN 084 923 946 1. Details of substantial holder Name Australia and New Zealand Banking Group Limited (ANZ) ACN/ABN (if applicable) 11 005 357 522 There was a change in the interests of the substantial holder on 04 August 2006. The previous notice was given to the company on 7 September 2005. The previous notice was dated 7 September 2005. This notice is given by ANZ on behalf of itself and each of the related bodies corporate of ANZ (“ANZ Subsidiaries”) specified in the list of 7 pages annexed to this notice and marked Annexure ‘A’. 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities Previous notice Present notice Person's votes Voting power % Person's votes Voting power % Ordinary Fully Paid Shares 10,345,525 5.01 12,630,204 6.10 3.
    [Show full text]
  • 9 November 2020 Market Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000 ANZ 2020 Annual Report Australi
    9 November 2020 Market Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000 ANZ 2020 Annual Report Australia and New Zealand Banking Group Limited (ANZ) today released its 2020 Annual Report. It has been approved for distribution by ANZ’s Board of Directors. Yours faithfully Simon Pordage Company Secretary Australia and New Zealand Banking Group Limited Australia and New Zealand Banking Group Limited ABN 11 005 357 522 ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008 2020 ANNUAL REPORT Overview How we Performance Remuneration Directors’ Financial Shareholder create value overview report report report information CUSTOMER STORY ADAPTING Growing business An ANZ customer for more than 50 years, fellahamilton has been during a crisis in the business of Australian women’s fashion since the early 1970s. Today, the company is managed by David Hamilton (son of the eponymous founder) and his wife, Sharon Hamilton, CEO. When the COVID-19 pandemic first hit Australia in March, times were challenging. Within the first few weeks of lockdowns, dentists and hospitals. We’ve hired back they had to let go of employees at their all of our staff and have never been busier,” Moorabbin factory and retail stores says Sharon. nationally were shut. David credits the move into making PPE However, shortly after, a doctor friend of to his wife’s optimistic nature and tendency Sharon’s asked her to make a scrub set, as to ‘think outside the box’. there was a limited supply of Personal “Changing direction wasn’t easy,” says David. Protective Equipment (PPE). “It needed us to have intestinal fortitude and Sharon recalls the moment demand for complete dedication to what we thought their washable, hospital-grade PPE started was the right move for our business.” snowballing and a new direction for the “The road ahead is going to be tough.
    [Show full text]
  • 13 December 2019 Market Announcements Office
    13 December 2019 Market Announcements Office ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000 Australia and New Zealand Banking Group Limited – ANZ New Zealand Registered Bank Disclosure Statement Attached is the ANZ New Zealand Branch Registered Bank Disclosure Statement for the year ended 30 September 2019. Yours faithfully Simon Pordage Company Secretary Australia and New Zealand Banking Group Limited Australia and New Zealand Banking Group Limited ABN 11 005 357 522 ANZ Centre Melbourne, Level 9A, 833 Collins Street, Docklands VIC 3008 AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ANZ NEW ZEALAND REGISTERED BANK DISCLOSURE STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2019 NUMBER 41 | ISSUED DECEMBER 2019 CONTENTS Glossary of terms 2 DISCLOSURE STATEMENT Financial Statements 3 Consolidated financial statements 4 Notes to the financial statements 8 Registered Bank Disclosures 66 Directors’ and New Zealand Chief Executive 83 Officer’s Statement Independent Auditor’s Report 84 GLOSSARY OF TERMS In this Registered Bank Disclosure Statement (Disclosure Statement) unless the context otherwise requires: Bank means ANZ Bank New Zealand Limited. Banking Group means the Bank and all its controlled entities. Immediate Parent Company means ANZ Funds Pty Limited, which is the immediate parent company of ANZ Holdings (New Zealand) Limited. Ultimate Parent Bank means Australia and New Zealand Banking Group Limited. Overseas Banking Group means the worldwide operations of Australia and New Zealand Banking Group Limited including its controlled entities. New Zealand business means all business, operations, or undertakings conducted in or from New Zealand identified and treated as if it were conducted by a company formed and registered in New Zealand.
    [Show full text]
  • Anz National Bank Limited
    AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - ANZ NEW ZEALAND REGISTERED BANK DISCLOSURE STATEMENT FOR THE NINE MONTHS ENDED 30 JUNE 2017 NUMBER 35 | ISSUED AUGUST 2017 For personal use only Australia and New Zealand Banking Group Limited - ANZ New Zealand REGISTERED BANK DISCLOSURE STATEMENT FOR THE NINE MONTHS ENDED 30 JUNE 2017 CONTENTS General Disclosures 2 Income Statement 3 Statement of Comprehensive Income 3 Balance Sheet 4 Condensed Cash Flow Statement 5 Statement of Changes in Equity 6 Notes to the Financial Statements 7 Directors' and New Zealand Chief Executive Officer's Statement 16 GLOSSARY OF TERMS In this Registered Bank Disclosure Statement (Disclosure Statement) unless the context otherwise requires: Bank means ANZ Bank New Zealand Limited. Banking Group means the Bank and all its controlled entities. Immediate Parent Company means ANZ Funds Pty Limited, which is the immediate parent company of ANZ Holdings (New Zealand) Limited. Ultimate Parent Bank means Australia and New Zealand Banking Group Limited. Overseas Banking Group means the worldwide operations of Australia and New Zealand Banking Group Limited including its controlled entities. New Zealand business means all business, operations, or undertakings conducted in or from New Zealand identified and treated as if it were conducted by a company formed and registered in New Zealand. NZ Branch means the New Zealand business of the Ultimate Parent Bank. ANZ New Zealand means the New Zealand business of the Overseas Banking Group. UDC means UDC Finance Limited. Registered Office is Level 10, 171 Featherston Street, Wellington, New Zealand, which is also ANZ New Zealand’s address for service.
    [Show full text]
  • ANNUAL REPORT Worldreginfo - F21a1b95-2946-4F74-8996-Bed5fa835cec ANZ 2017 ANNUAL REPORT
    2017 ANNUAL REPORT WorldReginfo - f21a1b95-2946-4f74-8996-bed5fa835cec ANZ 2017 ANNUAL REPORT WE WANT OUR CUSTOMERS TO VALUE US AND THE COMMUNITY TO TRUST US. FOR THIS TO HAPPEN WE KNOW THAT THINGS NEED TO CHANGE AT ANZ. Cover story — Latrobe Valley Bus Lines Rhonda Renwick and her dedicated team at Latrobe Valley Bus Lines are rolling out new buses that are at the leading edge of transport technology in Australia. Since 2015 Latrobe Valley Bus Lines has been investing in low emission technologies which improve the efficiency and environmental impact of its buses. The newest vehicles in the fleet have been designed to dramatically reduce particulate emissions in the atmosphere. Latrobe Valley Bus Lines has been trialling new hybrid technology and will introduce eight new hybrid vehicles into the fleet over Rhonda Renwick, Managing Director the next three years. As the company focuses on its mission of helping the community, and providing the highest quality and safest service for its We are proud to be supporting a business like Latrobe Valley customers and employees, it has benefitted from its long-term Bus Lines — a Certified B Corporation — which shares our relationship with ANZ. commitment to helping communities thrive. It supports local manufacturing, is dedicated to fostering an inclusive “ANZ’s proactive team has a genuine understanding of our and safe workplace and promotes a number of grassroots business goals, providing flexibility along with competitive community organisations. banking options,” Rhonda explains. CONTENTS Our
    [Show full text]
  • ANZ Banking Group NZ and National Bank of NZ
    Public version Application by ANZ Banking Group New Zealand Limited for clearance of a proposed business acquisition 13 August 2003 Public version COMMERCE ACT 1986: BUSINESS ACQUISITION SECTION 66: NOTICE SEEKING CLEARANCE Date: 13 August 2003 The Registrar Business Acquisitions and Authorisations Commerce Commission PO Box 2351 WELLINGTON Pursuant to s66(1) of the Commerce Act 1986 notice is hereby given seeking clearance of a proposed business acquisition. Public version Contents 1. Executive Summary..................................................................................................... 8 • Introduction • A dynamic industry • No substantial lessening of competition • Conclusion PART I: THE TRANSACTION DETAILS 2. The business acquisition The business acquisition for which the clearance is sought ....................................... 11 3. The person giving notice Who is the person giving this notice ........................................................................... 11 4. Confidentiality Confidentiality of fact................................................................................................... 11 Confidentiality of specific information contained in the application ............................. 11 5. Details of the participant Who are the participants? ........................................................................................... 12 Who is interconnected or associated with each participant ........................................ 13 • ANZ • The National Group Does a participant or any
    [Show full text]