| Quarter to | Nine Months to | | | June | March | June | June | June | | | 1997 | 1997 | 1996 | 1997 | 1996 | % | | $M | $M | $M | $M | $M | Change | | | | | | | | | Operating revenue | 4,003 | 3,891 | 3,740 | 11,870 | 11,104 | 6.9 | |
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| | Interest income | 3,188 | 3,091 | 2,992 | 9,442 | 8,949 | 5.5 | | Interest expense | 1,874 | 1,815 | 1,720 | 5,536 | 5,174 | 7.0 | |
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| | Net interest income | 1,314 | 1,276 | 1,272 | 3,906 | 3,775 | 3.5 | | Charge to provide for doubtful debts | 122 | 66 | 102 | 227 | 264 | (14.0) | |
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| | Net interest income after provision for doubtful debts | 1,192 | 1,210 | 1,170 | 3,679 | 3,511 | 4.8 | | Other operating income | 815 | 800 | 748 | 2,428 | 2,155 | 12.7 | |
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| | Total operating income | 2,007 | 2,010 | 1,918 | 6,107 | 5,666 | 7.8 | | Other operating expenses | 1,229 | 1,181 | 1,140 | 3,579 | 3,377 | 6.0 | |
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| | Operating profit before abnormal items and tax | 778 | 829 | 778 | 2,528 | 2,289 | 10.4 | | Abnormal gain (nil tax applicable) | - | - | - | - | - | - | |
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| | Operating profit before tax | 778 | 829 | 778 | 2,528 | 2,289 | 10.4 | | Income tax expense attributable to operating profit | 274 | 273 | 273 | 886 | 785 | 12.9 | |
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| | Operating profit after income tax | 504 | 556 | 505 | 1,642 | 1,504 | 9.2 | | Outside equity interests in operating profit after income tax | - | (1) | - | (1) | 1 | large | |
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| | Operating profit after income tax attributable to members of the Company | 504 | 557 | 505 | 1,643 | 1,503 | 9.3 | |
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| | | | | | | | | | | | | | | | Profit Restated to Exclude Amortisation of Goodwill | | | | | | | | | Operating profit after tax, before outside equity interests and amortisation of goodwill | 539 | 592 | 540 | 1,748 | 1,605 | 8.9 | | | | | | | | | Outside Equity interests | - | (1) | - | (1) | 1 | large | | | | | | | | |
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| | Operating profit after income tax attributable to members of the Company | 539 | 593 | 540 | 1,749 | 1,604 | 9.0 | |
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| | | | | | | | | Earnings per Share | | | | | | | | | | | | | | | Basic earnings per share | 34.3 | 37.4 | 34.7 | 111.2 | 104.1 | 6.8 | | | | | | | | | Diluted earnings per share (1) | 32.9 | | | 109.4 | | | |
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| (1) Diluted earnings per share includes the impact of options and the potential conversion of exchangeable capital units. There was no material difference between diluted and basic earnings per share in periods prior to the June 1997 quarter. | | Results Highlights
Review of Operations
Consolidated Profit and Loss
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