Update on First Half 2024 Profit Measure Disclosures
ANZ Group Holdings Limited
9/833 Collins Street Docklands Victoria 3008 Australia
ABN 16 659 510 791
News Release
For Release: 29 April 2024
Update on First Half 2024 Profit Measure Disclosures
ANZ’s First Half 2024 Results will be released on Tuesday 7 May 2024.
As usual, the First Half 2024 Results will include Statutory profit
1
and Cash profit
2
(including
FX adjusted Cash profit
3
) disclosures.
Some updates to our disclosure formats are outlined below:
ANZ will no longer report the additional profit measure – “Cash profit excluding large
notable items”; consequently, the tables related to this measure will not appear. For
example, in the FY23 Consolidated Financial Report & Dividend Announcement the
tables related to this measure appeared on pages 15,16 and 17.
The tables for Cash profit will appear as usual (e.g., Cash Operating expenses as per
page 26 of the FY23 Consolidated Financial Report & Dividend Announcement).
Where necessary we will call out items in commentary and charts. In the 1H24
Result, the Restructuring charge of approximately $140m will, for example, be called
out as part of discussion of First Half Cash profit expenses
4
.
The discontinued/continuing operations measure will be removed as it is no longer
required given all activities relating to the former Wealth business concluded in FY22.
For media enquiries contact:
Lachlan McNaughton
Head of Media Relations
Tel: +61 457 494 414
For analyst enquiries contact:
Jill Campbell
GGM Investor Relations
Tel: +61 3 8654 7749
Cameron Davis
Executive Manager Investor Relations
Tel: +61 3 8654 7716
Approved for distribution by ANZ’s Continuous Disclosure Committee
1
Profit measured in accordance with Australian Accounting Standards
2
Cash profit excludes non-core items included in Statutory profit and is provided to assist readers in understanding the results of the core
business activities of the Group.
3
Cash profit neutralised for the impact of foreign currency translation movement.
4
Estimate ahead of finalisation of the 1H24 accounts.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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