Exchange Rates

Statement of Financial Performance

Statement of Financial Position

Sep 01

Mar 01

Sep 01

Sep 00

Sep 01

Mar 01

Sep 00

Great British Pounds

0.3591

0.3662

0.3626

0.3902

0.3354

0.3434

0.3710

Irish Pounds

0.4583

0.4680

0.4631

0.4970

0.4247

0.4381

0.4856

United States Dollars

0.5132

0.5323

0.5227

0.6102

0.4928

0.4897

0.5427

New Zealand Dollars

1.2312

1.2636

1.2474

1.2648

1.2135

1.2129

1.3351

Impact on Statement of Financial Performance of Exchange Rate Movements since September 2000 on the September 2001 Result Favourable/(Unfavourable)

Great
Britain

  Ireland

New
Zealand

United
States

Asia

Total

$m

$m

$m

$m

$m

$m

Net interest income

135

36

8

33

13

225

Other operating income

80

18

5

12

6

121

Other operating expenses

(101)

(32)

(7)

(13)

(9)

(162)

Doubtful debts charge

(27)

(1)

-

(4)

-

(32)

Income tax expense

(28)

(6)

(1)

1

(1)

(35)

Net operating profit from On-Going Core Operations

59

15

5

29

9

117

Impact on Statement of Financial Position of Exchange Rate

Movements since September 2000 on the September 2001 Result

Great
Britain

  Ireland

New
Zealand

United
States

Asia

Total

$m

$m

$m

$m

$m

$m

Total Assets

6,877

1,778

2,667

1,445

906

13,673

Gross Loans and Advances

5,091

1,299

2,065

392

200

9,047

Including:

  Housing

1,107

416

701

-

74

2,298

  Term Lending

1,695

581

850

345

156

3,627

  Overdrafts

1,109

371

297

1

-

1,778

  Leasing

733

44

-

-

5

782

  Credit cards

158

25

63

-

-

246

Deposits and other borrowings

(4,365)

(1,214)

(1,453)

(1,203)

(1,042)

(9,277)