Results by Line of Business

Net Profit (1)	Half Year to			Favourable / (Unfavourable) Change from
	Mar 01 $m	Sept 00 $m	Mar 00 $m	Sept 00 %	Mar 00 %	Mar 00 excluding fx impact %
Continuing Operations
Banking & Other Financial Services
Business & Personal Financial Services	1,119	1,031	987	8.5	13.4	10.8
Wholesale Financial Services	347	327	269	6.1	29.0	23.2
Specialist & Emerging Businesses	134	145	164	(7.6)	(18.3)	(20.2)
National Shared Services	(28)	(61)	(71)	54.1	60.6	58.4
Other Lines Of Business	(52)	-	(31)	large	67.7	48.4
Banking & Other Financial Services	1,520	1,442	1,318	5.4	15.3	10.6
Wealth Management (2)	364	226	65	61.1	large	large
HomeSide	71	48	84	47.9	(15.5)	(26.9)
Earnings on Excess Capital (3)	16	43	57	(62.8)	(71.9)	(71.9)
Operating profit after tax before goodwill from Continuing Operations (1)	1,971	1,759	1,524	12.1	29.3	25.2
Discontinuing Operations
Michigan National Corporation (4)	156	144	147	8.3	6.1	(11.8)
Operating profit after tax before goodwill	2,127	1,903	1,671	11.8	27.3	22.0
Goodwill amortisation	98	99	98	1.0	-	-
Net profit attributable to outside equity interests	4	2	-	large	large	large
Net profit attributable to members of the parent entity (1)	2,025	1,802	1,573	12.4	28.7	22.0

(1) The results have been presented before abnormal items. There were no abnormal items in the current period. In the September 2000 half year, abnormal items of $136 million after tax loss were recorded.

(2) MLC was acquired on 30 June 2000.

(3) The earnings rate on excess capital for March 2001, September 2000 and March 2000 was respectively 5.73%, 6.67% and 6.83%.

(4) On 1 April 2001 the Group sold Michigan National Corporation in the United States to ABN Amro. Proceeds from the sale of US$2.75 billion (A$5.262 billion) gave rise to an expected profit on sale after all disposal costs, including taxation, of A$1.6 billion, and including realisation of foreign exchange movements, a total gain of A$2.3 billion.