18 November 2020
Market Announcements Office
ASX Limited
Level 4
20 Bridge Street
SYDNEY NSW 2000
ANZ Bank New Zealand Limited
Annual Report and Registered Bank Disclosure
Statement
Australia and New Zealand Banking Group Limited (ANZ) today released its ANZ Bank New Zealand Limited Annual Report and Registered Bank Disclosure Statement for the year ended 30 September 2020.
It has been approved for distribution by ANZ's Continuous Disclosure Committee.
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
ANZ BANK NEW ZEALAND LIMITED ANNUAL REPORT AND REGISTERED BANK DISCLOSURE STATEMENT
FOR THE YEAR ENDED 30 SEPTEMBER 2020
NUMBER 94 | ISSUED NOVEMBER 2020
CONTENTS
Annual Report and Glossary of terms | 2 |
DISCLOSURE STATEMENT | |
Financial Statements | 3 |
Consolidated financial statements | 4 |
Notes to the financial statements | 8 |
Registered Bank Disclosures | 72 |
Directors' Statement | 108 |
Independent Auditor's Report | 109 |
ANNUAL REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2020
Pursuant to section 211(3) of the Companies Act 1993, the shareholder of the Bank has agreed that the Annual Report of the Banking Group need not comply with any of the paragraphs (a), and (e) to (j) of subsection (1) and subsection (2) of section 211.
Accordingly, there is no information to be provided in this Annual Report other than the financial statements for the year ended 30 September 2020 and the audit report on those financial statements.
For and on behalf of the Board of Directors:
Rt Hon Sir John Key, GNZM AC | Antonia Watson |
Chair | Executive Director |
17 November 2020 | 17 November 2020 |
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, We or Our means the Bank and all its controlled entities. Immediate Parent Company means 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. OnePath means OnePath Life (NZ) Limited.
UDC means UDC Finance Limited.
Registered Office is Ground Floor, ANZ Centre, 23-29 Albert Street, Auckland, New Zealand, which is also the Banking Group'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 (New Zealand 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 |
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ANZ - Australia & New Zealand Banking Group Ltd. published this content on 18 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2020 03:16:02 UTC