ANZ.NZX - Anyone holding?

[Snoopy]

From the ANZ New Zealand statement to the reserve bank on 30th September 2013, page 46, the loan book break down is like this:


Agriculture $18,842m
Forestry, fishing and mining $1,850m
Business and property services $11,334m
Construction $1,748m
Entertainment, leisure and tourism $1,389
Finance and insurance $18,412m
Government and local authority $9,910m
Manufacturing $5,051m
Personal lending $63,492m
Retail trade $2,859m
Transport and storage $2,147m
Wholesale trade $2,704m
Other $4,577m

Total $144,315m

UDC is a wholly owned subsidiary of ANZ New Zealand. So what we need to do is subtract out the UDC figures from those listed above. Then we can compare the loan book make up of 'Underlying ANZ New Zealand' with UDC.

UDC and ANZ New Zealand have the same balance date. So it is legitimate to work out the distribution of loans on their respective books using 30th September end of year data. First I need to slightly rearrange the above categories so that they correspond to those listed in the December 2013 UDC prospectus. Then I need to subtract the UDC equivalent figures (page 53, December 2013 prospectus) to get the underlying ANZ bank figure.

	All ANZ.NZ	UDC	Underlying ANZ.NZ
Agriculture forestry, fishing and mining:	$20,674m	- $379m	= $20,295m
Business and property services:	$11,334m	-$114m	= $11,220m
Construction:	$1,748m	- $282m	= $1,466m
Entertainment, leisure and tourism:	$1,389m	-$19m	= $1,370m
Finance and insurance:	$18,412m	- $101m	= $18,311m
Government and local authority:	$9,910m	-$4m	= $9,906m
Manufacturing:	$5,051m	- $108m	= $4,943m
Personal & Other lending:	$68,069m	-($5.7m +$8.1m+$14m+$33m+$13m+$443m)	= $67,552m
Retail and Wholesale:	$5,563m	-$248m	= $5,315m
Transport and storage:	$2,147m	-$387m	=$1,760m
Total:	$144,315m	- $2,161m	= $142,514m