|
Half Year to |
|
Year to |
|
 |
|
| Group |
|
|
|
|
| Operating profit before income tax |
| Australia |
|
|
| Overseas |
|
|
|
|
 |
Operating (profit) /loss before tax attributable to the
statutory funds of the life insurance business |
|
|
|
|
Total operating profit excluding that attributable to the
statutory funds of the life insurance business before
income tax |
|
|
|
|
| Prima facie income tax at 30% |
|
|
Add/(deduct) tax effect of permanent differences:
Attributable foreign income |
|
|
| Non-allowable depreciation on buildings |
|
|
| Rebate of tax on dividends, interest etc |
|
|
| Foreign tax rate differences |
|
|
| Amortisation of goodwill |
|
|
| Future income tax benefits no longer required |
|
|
Non-taxable amounts attributable to
HomeSide US operation |
|
|
Restatement of tax timing differences due to
changes in the Australian company income
tax rate |
|
|
Recognition of HomeSide US operation future
income tax benefit not previously recognised |
|
|
| Under/(over) provision in prior year |
|
|
| Other |
|
|
|
|
Total income tax expense on operating profit excluding that
attributable to the statutory funds of the life insurance business |
|
|
Income tax attributable to the statutory funds of
the life insurance business |
|
|
|
|
| Total income tax expense |
|
|
|
|
Effective tax rate excluding statutory funds
attributable to the life insurance business |
|
|
|
|
|
| By Division |
|
Ongoing operations
Financial Services Australia |
|
|
|
| Financial Services Europe |
|
|
| Financial Services New Zealand |
|
|
|
|
| Retail Banking |
|
|
| Corporate & Institutional Banking |
|
|
| Other (incl. Excess Capital, Group Funding & Corporate Centre) |
|
|
|
|
| Total Banking |
|
|
Wealth Management
Operating profit |
|
|
| Revaluation profit/(loss) |
|
|
|
|
| Total ongoing operations |
|
|
|
|
| Total disposed operations |
|
|
| Significant items |
|
|
|
|
| Total income tax expense |
|
|
|
|
|
|
Half Year to |
Year to |
|
|
|
Supplementary Income Tax Reconciliation
Wealth Management |
|
|
|
|
| Operating profit before income tax |
| Australia |
|
|
| Overseas |
|
|
|
|
|
Operating (profit) /loss before tax attributable to
the statutory funds of the life
insurance business |
|
|
|
|
Total operating profit excluding that attributable
to the statutory funds of the life insurance
business before income tax |
|
|
|
|
| Prima facie income tax at 30% |
|
|
Add/(deduct) tax effect of permanent differences:
Foreign tax rate differences |
|
|
| Amortisation of goodwill |
|
|
Restatement of tax timing differences due to
changes in the Australian company income
tax rate |
|
|
| Under/(over) provision in prior year |
|
|
| Other |
|
|
|
|
Total income tax expense/(benefit) on operating profit excl. that
attributable to the statutory funds of the life insurance business |
|
|
Income tax attributable to the statutory funds of
the life insurance business |
|
|
|
|
Total income tax expense/(benefit) attributable
to operating profit (1) |
|
|
|
|
Effective tax rate excluding statutory funds
attributable to the life insurance business |
|
|
|
|
| (1) Wealth Management total income tax expense/(benefit) excludes the tax benefit on significant items. |
|
| Banking operations before goodwill |
|
Cash earnings before income tax
Australia |
|
|
|
| Overseas |
|
|
|
|
| Total cash earnings |
|
|
|
|
|
| Prima facie income tax at 30% |
|
|
Add/(deduct) tax effect of permanent differences:
Attributable foreign income |
|
|
| Non-allowable depreciation on buildings |
|
|
| Rebate of tax on dividends, interest etc |
|
|
| Foreign tax rate differences |
|
|
| Distributions outside the Group |
|
|
| Non-assessable inter-branch income |
|
|
| Future income tax benefits no longer required |
|
|
| Under/(over) provision in prior year |
|
|
| Other |
|
|
|
|
| Total income tax expense on cash earnings |
|
|
|
|
| Effective tax rate |
|
|
|
|
