KEY INFORMATION SUMMARY for the ninemonths ended 30 june 2009
Cre d it R atin g· The Bank has three current credit ratings, issued by Standard& Poor’s, Moody’s Investors Service, and Fitch Ratings which
are applicable to its long term senior unsecured obligations
which are payable in New Zealand in New Zealand dollars.
· During the two-year period ended 30 June 2009, theStandard & Poor’s credit rating and qualification remainedat AA and Outlook Stable.

ANZ NATIONAL BANK LIMITEDAND SUBSIDIARY COMPANIES

I n d e p en d ent e x amination R e p ort to t h e Dire c torsof A N Z N ationa l B ank Limite d

We have examined the attached Key Information Summary. The
information in the Key Information Summary has been extracted from theGeneral Short Form Disclosure Statement of ANZ National Bank Limited
and its subsidiaries (the “Banking Group”) for the nine months ended
30 June 2009 prepared in accordance with the Registered Bank
Disclosure Statement (Off-Quarter – New Zealand Incorporated
Registered Banks) Order 2008 (the “Order”).
We have reviewed the financial statements and certain supplementary
information contained within the General Short Form DisclosureStatement for the nine months ended 30 June 2009, on which we
issued an unqualified opinion dated 27 August 2009.

· During the two-year period ended 30 June 2009, theMoody’s Investors Service credit rating and qualification
remained at Aa2 and Outlook Stable.

Dire c tors ’ R es p onsibi l ities· During the two-year period ended 30 June 2009, the Fitch
Ratings credit rating and qualification remained at AAand Outlook Stable. Fitch Ratings were formally engaged
by the Bank on 18 March 2008 to provide credit rating
services. Previously Fitch Ratings had rated the Bank on an
unsolicited basis as AA-.

A u d itors ’ R es p onsibi l ities

The Directors are responsible for the preparation and presentation of
the Key Information Summary in accordance with the Order.
In accordance with the Order, we are responsible for examining the Key
Information Summary presented by the Directors for compliance with
the Order, and reporting our findings to you.
B asis of R e p ort

We have examined the information contained in the Key Information
Summary and compared it to the corresponding information containedin the General Short Form Disclosure Statement for the nine months
ended 30 June 2009.		
un q ua l ifie d S tatement of F in d in g s

Based on our examination of the Key Information Summary, we report that:· the Key Information Summary has been prepared in accordancewith the Order; and· the information contained in the Key Information Summary has
been properly extracted, where applicable, from the information
contained in the General Short Form Disclosure Statement for thenine months ended 30 June 2009.
For a better understanding of the scope of our examination of ANZ
National Bank Limited’s General Short Form Disclosure Statement, andof the balance sheet of the Banking Group as at 30 June 2009 and theresults of their operations and cash flows for the nine months ended onthat date, this report should be read in conjunction with the General
Short Form Disclosure Statement for the nine months ended 30 June2009 from which the information in the Key Information Summary
was extracted and our independent review report thereon.

KEY INFORMATION SUMMARY for the ninemonths ended 30 june 2009

For personal use only

ANZ NATIONAL BANK LIMITEDAND SUBSIDIARY COMPANIESANZ NATIONAL BANK LIMITED GROUPK E Y I N F OR M AT ION
SUMM ARY

I ntro d u c tory information· The purpose of this Key Information Summary is to provide
customers and potential customers with information about
the financial condition of their bank.
· The Bank has a guarantee under the:a) New Zealand Deposit Guarantee Scheme, which isprovided under a Crown Deed of Guarantee enteredinto by the Bank and the Crown on 14 November 2008
and supplemented on 9 December 2008 (“Crown Retail
Guarantee”); andb) New Zealand Wholesale Funding Facility, which isprovided under a Crown Wholesale Funding Guarantee
in respect of the Bank entered into by the Crown on 23
December 2008 and supplemented on 19 February 2009(“Crown Wholesale Guarantee”).
· Further information about the Crown Retail Guarantee andCrown Wholesale Guarantee is available in the General
Short Form Disclosure Statement for the nine months
ended 30 June 2009, the most recent Supplemental
Disclosure Statement, and on The Treasury website at
www.treasury.govt.nz.

For the nine months ended 30 June 2009
No.54 Issued August 2009

· The information contained in the Key Information Summaryis explained in the Reserve Bank publication “Your Bank’s
Disclosure Statement - What’s In It For You?”, which can beobtained from the Reserve Bank.
Cor p orate I nformation· The full name of the registered bank is ANZ National Bank
Limited (the “Bank”).
· The full name of the ultimate parent bank of the Bank isAustralia and New Zealand Banking Group Limited, which
is domiciled in Australia.

Our review was completed on 27 August 2009 and our unqualifiedstatement of findings is expressed as at that date.		
Wellington

K E Y

I N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y				

KEY INFORMATION SUMMARY for the ninemonths ended 30 june 2009
Cre d it R atin g· The Bank has three current credit ratings, issued by Standard& Poor’s, Moody’s Investors Service, and Fitch Ratings which
are applicable to its long term senior unsecured obligations
which are payable in New Zealand in New Zealand dollars.
· During the two-year period ended 30 June 2009, theStandard & Poor’s credit rating and qualification remainedat AA and Outlook Stable.

ANZ NATIONAL BANK LIMITEDAND SUBSIDIARY COMPANIES

I n d e p en d ent e x amination R e p ort to t h e Dire c torsof A N Z N ationa l B ank Limite d

We have examined the attached Key Information Summary. The
information in the Key Information Summary has been extracted from theGeneral Short Form Disclosure Statement of ANZ National Bank Limited
and its subsidiaries (the “Banking Group”) for the nine months ended
30 June 2009 prepared in accordance with the Registered Bank
Disclosure Statement (Off-Quarter – New Zealand Incorporated
Registered Banks) Order 2008 (the “Order”).
We have reviewed the financial statements and certain supplementary
information contained within the General Short Form DisclosureStatement for the nine months ended 30 June 2009, on which we
issued an unqualified opinion dated 27 August 2009.

· During the two-year period ended 30 June 2009, theMoody’s Investors Service credit rating and qualification
remained at Aa2 and Outlook Stable.

Dire c tors ’ R es p onsibi l ities· During the two-year period ended 30 June 2009, the Fitch
Ratings credit rating and qualification remained at AAand Outlook Stable. Fitch Ratings were formally engaged
by the Bank on 18 March 2008 to provide credit rating
services. Previously Fitch Ratings had rated the Bank on an
unsolicited basis as AA-.

A u d itors ’ R es p onsibi l ities

KEY INFORMATION SUMMARY for the ninemonths ended 30 june 2009
ANZ NATIONAL BANK LIMITED GROUPK E Y I N F OR M AT ION
SUMM ARYThe Directors are responsible for the preparation and presentation of
the Key Information Summary in accordance with the Order.
In accordance with the Order, we are responsible for examining the Key
Information Summary presented by the Directors for compliance with
the Order, and reporting our findings to you.
B asis of R e p ort

un q ua l ifie d S tatement of F in d in g s

Based on our examination of the Key Information Summary, we report that:· the Key Information Summary has been prepared in accordancewith the Order; andFor a better understanding of the scope of our examination of ANZ
National Bank Limited’s General Short Form Disclosure Statement, andof the balance sheet of the Banking Group as at 30 June 2009 and theresults of their operations and cash flows for the nine months ended onthat date, this report should be read in conjunction with the General
Short Form Disclosure Statement for the nine months ended 30 June2009 from which the information in the Key Information Summary
was extracted and our independent review report thereon.

· The purpose of this Key Information Summary is to provide
customers and potential customers with information about
the financial condition of their bank.
· The Bank has a guarantee under the:a) New Zealand Deposit Guarantee Scheme, which isprovided under a Crown Deed of Guarantee enteredinto by the Bank and the Crown on 14 November 2008
and supplemented on 9 December 2008 (“Crown Retail
Guarantee”); andb) New Zealand Wholesale Funding Facility, which isprovided under a Crown Wholesale Funding Guarantee
in respect of the Bank entered into by the Crown on 23
December 2008 and supplemented on 19 February 2009(“Crown Wholesale Guarantee”).

· Further information about the Crown Retail Guarantee andCrown Wholesale Guarantee is available in the General
Short Form Disclosure Statement for the nine months
ended 30 June 2009, the most recent Supplemental
Disclosure Statement, and on The Treasury website at
www.treasury.govt.nz.

We have examined the information contained in the Key Information
Summary and compared it to the corresponding information containedin the General Short Form Disclosure Statement for the nine months
ended 30 June 2009.		

· the information contained in the Key Information Summary has
been properly extracted, where applicable, from the information
contained in the General Short Form Disclosure Statement for thenine months ended 30 June 2009.

I ntro d u c tory information

For personal use only

ANZ NATIONAL BANK LIMITEDAND SUBSIDIARY COMPANIESFor the nine months ended 30 June 2009
No.54 Issued August 2009

· The information contained in the Key Information Summaryis explained in the Reserve Bank publication “Your Bank’s
Disclosure Statement - What’s In It For You?”, which can beobtained from the Reserve Bank.
Cor p orate I nformation· The full name of the registered bank is ANZ National Bank
Limited (the “Bank”).
· The full name of the ultimate parent bank of the Bank isAustralia and New Zealand Banking Group Limited, which
is domiciled in Australia.

Our review was completed on 27 August 2009 and our unqualifiedstatement of findings is expressed as at that date.		
Wellington

K E Y

I N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y

ANZ NATIONAL BANK LIMITED AND SUBSIDIARY COMPANIESANZ NATIONAL BANK LIMITED AND SUBSIDIARY COMPANIESK ey I nformation S ummary for t h e nine months ended 30 june 2009

K ey I nformation S ummary for t h e nine months ended 30 june 2009
CONSOLIDATEDCONSOLIDATEDunAUDITED
30/06/2009

unAUDITED
30/06/2008· Net profit after tax for the nine months ended 30 June ($m)

561

960

· Net profit after tax for the year ended 30 June as a percentage of average total assets

0.6%

1.1%

unAUDITED
30 /06/2009

For personal use only

Profitabi l ity

S ize – as at 3 0 June

· Total assets ($m)

unAUDITED
30/06/2008

amount$m% of Tier
one Capitalamount$m% of Tier
one C apital· On a gross basis1

5,514

82.9%

3,455

58.1%

· On a netted basis

3,154

47.4%

n/a

n/a

2,360

35.5%

n/a

n/a

Peak Conne c te d Persons Cre d it E x p osures– for t h e t h ree mont h s en d e d 3 0 j une

121,896

114,896

6.1%

10.7%

· On a partial bilateral net basis· Tier One Capital as a percentage of risk weighted exposures

9.1%

7.7%

· Reserve Bank of New Zealand minimum Tier One Capital ratio

4.0%

4.0%

There were no individual provisions on exposures to connected persons and the information stated above excludes exposures of a capital nature. The Bankand its subsidiaries have complied with the limits on aggregate credit exposures to connected persons and non-bank connected persons, as set out in the
Bank’s Conditions of Registration, at all times during the quarter and comparative quarter.						· Minimum Tier One Capital ratio under Crown Wholesale Guarantee

6.0%

n/a

Note 1 – The connected exposure balances for 30 June 2008 have been amended for the credit equivalent adjustment for derivatives, in addition to the fair value which was already included. The revisedbalances remain within limits.					· Total Capital as a percentage of risk weighted exposures

12.9%

11.4%

· Reserve Bank of New Zealand minimum Total Capital ratio

8.0%

8.0%

Note 2 – With effect from 11 August 2008, netting has occurred in respect of certain transactions which are the subject of a bilateral netting agreement disclosed in the Bank’s most recent Supplemental
Disclosure Statement for the nine months ended 30 June 2009.

· The percentage increase in total assets from 1 July to 30 June
Ca p ita l A d e q ua c y - as at 3 0 j une

Avai l abi l ity of Dis c l osure S tatements

A sset Qua l ity - as at 3 0 j une· Total impaired assets ($m)

871

213

· Total impaired assets as a percentage of total assets

0.7%

0.2%

· Total individual provisions ($m)

403

77

46.3%

36.2%

· Total collective provisions ($m)

631

486

· Off-balance sheet impaired assets ($m)

32

8

· Total individual provisions as a percentage of total impaired assets

2

Copies of ANZ National Bank Limited’s most recent General Short Form Disclosure Statement and Supplemental Disclosure Statement will be provided at
no charge immediately to any person requesting a copy where the request is made at ANZ National Bank Limited’s head office, Level 14, 215-229 Lambton
Quay, Wellington, and within five working days where the request is made at any branch or agency of ANZ National Bank Limited.
This Key Information Summary, the most recent General Short Form Disclosure Statement and Supplemental Disclosure Statement can be accessed at thewebsite addresses www.anznational.co.nz, www.anz.co.nz and www.nationalbank.co.nz. 		
				Peak Cre d it E x p osure Con c entrations - for t h e t h ree mont h s en d e d 3 0 j une· The number of individual counterparties (excluding banks or groups of closely related counterparties of which a bank is the parent, connected
persons, and the central government of any country with a long-term credit rating of A-/A3 or above, or its equivalent) where the peak end-of-day
credit exposures equals or exceeds 10% of equity (as at the end of the quarter) in ranges of 10% of equity, on the basis of counterparty limits, is:
10% to 20% of equity

1

1· The number of bank counterparties or groups of closely related counterparties of which a bank is the parent (excluding connected persons)
where the peak end-of-day credit exposures equals or exceeds 10% of equity (as at the end of the quarter) in ranges of 10% of equity, on thebasis of actual counterparty exposures, is:			
10% to 20% of equity

1

3

20% to 30% of equity

2-

30% to 40% of equity--

There were no individual provisions on the exposures included in the disclosures above. No account is taken of security and/or guarantees which
the Bank may hold in respect of the various counterparty limits and exposures. 						K E YI N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y

ANZ NATIONAL BANK LIMITED AND SUBSIDIARY COMPANIESANZ NATIONAL BANK LIMITED AND SUBSIDIARY COMPANIESK ey I nformation S ummary for t h e nine months ended 30 june 2009

K ey I nformation S ummary for t h e nine months ended 30 june 2009
CONSOLIDATEDCONSOLIDATEDunAUDITED
30/06/2008· Net profit after tax for the nine months ended 30 June ($m)

561

960

· Net profit after tax for the year ended 30 June as a percentage of average total assets

0.6%

1.1%

Profitabi l ity

S ize – as at 3 0 June

· Total assets ($m)

121,896

114,896

6.1%

10.7%

· Tier One Capital as a percentage of risk weighted exposures

9.1%

7.7%

· Reserve Bank of New Zealand minimum Tier One Capital ratio

4.0%

4.0%

· Minimum Tier One Capital ratio under Crown Wholesale Guarantee

6.0%

n/a

· Total Capital as a percentage of risk weighted exposures

12.9%

11.4%

· Reserve Bank of New Zealand minimum Total Capital ratio

8.0%

8.0%

· The percentage increase in total assets from 1 July to 30 June
Ca p ita l A d e q ua c y - as at 3 0 j une· Total impaired assets ($m)

871

213

· Total impaired assets as a percentage of total assets

0.7%

0.2%

· Total individual provisions ($m)

403

77

46.3%

36.2%

· Total collective provisions ($m)

631

486

· Off-balance sheet impaired assets ($m)

32

8Peak Cre d it E x p osure Con c entrations - for t h e t h ree mont h s en d e d 3 0 j une· The number of individual counterparties (excluding banks or groups of closely related counterparties of which a bank is the parent, connected
persons, and the central government of any country with a long-term credit rating of A-/A3 or above, or its equivalent) where the peak end-of-day
credit exposures equals or exceeds 10% of equity (as at the end of the quarter) in ranges of 10% of equity, on the basis of counterparty limits, is:
10% to 20% of equity

unAUDITED
30/06/2008

amount$m% of Tier
one Capitalamount$m% of Tier
one C apital· On a gross basis1

5,514

82.9%

3,455

58.1%

· On a netted basis

3,154

47.4%

n/a

n/a

2,360

35.5%

n/a

n/a

Peak Conne c te d Persons Cre d it E x p osures– for t h e t h ree mont h s en d e d 3 0 j une· On a partial bilateral net basis

2

There were no individual provisions on exposures to connected persons and the information stated above excludes exposures of a capital nature. The Bankand its subsidiaries have complied with the limits on aggregate credit exposures to connected persons and non-bank connected persons, as set out in the
Bank’s Conditions of Registration, at all times during the quarter and comparative quarter.						Note 1 – The connected exposure balances for 30 June 2008 have been amended for the credit equivalent adjustment for derivatives, in addition to the fair value which was already included. The revisedbalances remain within limits.					Note 2 – With effect from 11 August 2008, netting has occurred in respect of certain transactions which are the subject of a bilateral netting agreement disclosed in the Bank’s most recent Supplemental
Disclosure Statement for the nine months ended 30 June 2009.

Avai l abi l ity of Dis c l osure S tatements

A sset Qua l ity - as at 3 0 j une· Total individual provisions as a percentage of total impaired assets

unAUDITED
30 /06/2009

For personal use only

unAUDITED
30/06/2009

1

1· The number of bank counterparties or groups of closely related counterparties of which a bank is the parent (excluding connected persons)
where the peak end-of-day credit exposures equals or exceeds 10% of equity (as at the end of the quarter) in ranges of 10% of equity, on thebasis of actual counterparty exposures, is:			
10% to 20% of equity

1

3

20% to 30% of equity

2-

30% to 40% of equity--

Copies of ANZ National Bank Limited’s most recent General Short Form Disclosure Statement and Supplemental Disclosure Statement will be provided at
no charge immediately to any person requesting a copy where the request is made at ANZ National Bank Limited’s head office, Level 14, 215-229 Lambton
Quay, Wellington, and within five working days where the request is made at any branch or agency of ANZ National Bank Limited.
This Key Information Summary, the most recent General Short Form Disclosure Statement and Supplemental Disclosure Statement can be accessed at thewebsite addresses www.anznational.co.nz, www.anz.co.nz and www.nationalbank.co.nz. 		
				

There were no individual provisions on the exposures included in the disclosures above. No account is taken of security and/or guarantees which
the Bank may hold in respect of the various counterparty limits and exposures. 						K E YI N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y				

ANZ NATIONAL BANK LIMITEDAND SUBSIDIARY COMPANIESKEY INFORMATION SUMMARY for the ninemonths ended 30 june 2009

For personal use only

Cre d it R atin g· The Bank has three current credit ratings, issued by Standard& Poor’s, Moody’s Investors Service, and Fitch Ratings which
are applicable to its long term senior unsecured obligations
which are payable in New Zealand in New Zealand dollars.
· During the two-year period ended 30 June 2009, theStandard & Poor’s credit rating and qualification remainedat AA and Outlook Stable.

ANZ NATIONAL BANK LIMITEDAND SUBSIDIARY COMPANIES

I n d e p en d ent e x amination R e p ort to t h e Dire c torsof A N Z N ationa l B ank Limite d

We have examined the attached Key Information Summary. The
information in the Key Information Summary has been extracted from theGeneral Short Form Disclosure Statement of ANZ National Bank Limited
and its subsidiaries (the “Banking Group”) for the nine months ended
30 June 2009 prepared in accordance with the Registered Bank
Disclosure Statement (Off-Quarter – New Zealand Incorporated
Registered Banks) Order 2008 (the “Order”).
We have reviewed the financial statements and certain supplementary
information contained within the General Short Form DisclosureStatement for the nine months ended 30 June 2009, on which we
issued an unqualified opinion dated 27 August 2009.

· During the two-year period ended 30 June 2009, theMoody’s Investors Service credit rating and qualification
remained at Aa2 and Outlook Stable.

Dire c tors ’ R es p onsibi l ities· During the two-year period ended 30 June 2009, the Fitch
Ratings credit rating and qualification remained at AAand Outlook Stable. Fitch Ratings were formally engaged
by the Bank on 18 March 2008 to provide credit rating
services. Previously Fitch Ratings had rated the Bank on an
unsolicited basis as AA-.

A u d itors ’ R es p onsibi l ities

KEY INFORMATION SUMMARY for the ninemonths ended 30 june 2009
ANZ NATIONAL BANK LIMITED GROUPK E Y I N F OR M AT ION
SUMM ARY· The Bank has a guarantee under the:b) New Zealand Wholesale Funding Facility, which isprovided under a Crown Wholesale Funding Guarantee
in respect of the Bank entered into by the Crown on 23
December 2008 and supplemented on 19 February 2009(“Crown Wholesale Guarantee”).

In accordance with the Order, we are responsible for examining the Key
Information Summary presented by the Directors for compliance with
the Order, and reporting our findings to you.
B asis of R e p ort· Further information about the Crown Retail Guarantee andCrown Wholesale Guarantee is available in the General
Short Form Disclosure Statement for the nine months
ended 30 June 2009, the most recent Supplemental
Disclosure Statement, and on The Treasury website at
www.treasury.govt.nz.

We have examined the information contained in the Key Information
Summary and compared it to the corresponding information containedin the General Short Form Disclosure Statement for the nine months
ended 30 June 2009.		
un q ua l ifie d S tatement of F in d in g s

Based on our examination of the Key Information Summary, we report that:· the Key Information Summary has been prepared in accordancewith the Order; andFor a better understanding of the scope of our examination of ANZ
National Bank Limited’s General Short Form Disclosure Statement, andof the balance sheet of the Banking Group as at 30 June 2009 and theresults of their operations and cash flows for the nine months ended onthat date, this report should be read in conjunction with the General
Short Form Disclosure Statement for the nine months ended 30 June2009 from which the information in the Key Information Summary
was extracted and our independent review report thereon.

· The purpose of this Key Information Summary is to provide
customers and potential customers with information about
the financial condition of their bank.
a) New Zealand Deposit Guarantee Scheme, which isprovided under a Crown Deed of Guarantee enteredinto by the Bank and the Crown on 14 November 2008
and supplemented on 9 December 2008 (“Crown Retail
Guarantee”); andThe Directors are responsible for the preparation and presentation of
the Key Information Summary in accordance with the Order.

· the information contained in the Key Information Summary has
been properly extracted, where applicable, from the information
contained in the General Short Form Disclosure Statement for thenine months ended 30 June 2009.

I ntro d u c tory information

For the nine months ended 30 June 2009
No.54 Issued August 2009

· The information contained in the Key Information Summaryis explained in the Reserve Bank publication “Your Bank’s
Disclosure Statement - What’s In It For You?”, which can beobtained from the Reserve Bank.
Cor p orate I nformation· The full name of the registered bank is ANZ National Bank
Limited (the “Bank”).
· The full name of the ultimate parent bank of the Bank isAustralia and New Zealand Banking Group Limited, which
is domiciled in Australia.

Our review was completed on 27 August 2009 and our unqualifiedstatement of findings is expressed as at that date.		
Wellington

K E Y

I N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y				

KEY INFORMATION SUMMARY for the ninemonths ended 30 june 2009
Cre d it R atin g· The Bank has three current credit ratings, issued by Standard& Poor’s, Moody’s Investors Service, and Fitch Ratings which
are applicable to its long term senior unsecured obligations
which are payable in New Zealand in New Zealand dollars.
· During the two-year period ended 30 June 2009, theStandard & Poor’s credit rating and qualification remainedat AA and Outlook Stable.
· During the two-year period ended 30 June 2009, theMoody’s Investors Service credit rating and qualification
remained at Aa2 and Outlook Stable.
· During the two-year period ended 30 June 2009, the Fitch
Ratings credit rating and qualification remained at AAand Outlook Stable. Fitch Ratings were formally engaged
by the Bank on 18 March 2008 to provide credit rating
services. Previously Fitch Ratings had rated the Bank on an
unsolicited basis as AA-.

ANZ NATIONAL BANK LIMITEDAND SUBSIDIARY COMPANIES

I n d e p en d ent e x amination R e p ort to t h e Dire c torsof A N Z N ationa l B ank Limite d

We have examined the attached Key Information Summary. The
information in the Key Information Summary has been extracted from theGeneral Short Form Disclosure Statement of ANZ National Bank Limited
and its subsidiaries (the “Banking Group”) for the nine months ended
30 June 2009 prepared in accordance with the Registered Bank
Disclosure Statement (Off-Quarter – New Zealand Incorporated
Registered Banks) Order 2008 (the “Order”).

For personal use only

ANZ NATIONAL BANK LIMITEDAND SUBSIDIARY COMPANIES

We have reviewed the financial statements and certain supplementary
information contained within the General Short Form DisclosureStatement for the nine months ended 30 June 2009, on which we
issued an unqualified opinion dated 27 August 2009.

KEY INFORMATION SUMMARY for the ninemonths ended 30 june 2009
ANZ NATIONAL BANK LIMITED GROUPK E Y I N F OR M AT ION
SUMM ARYThe Directors are responsible for the preparation and presentation of
the Key Information Summary in accordance with the Order.

· The Bank has a guarantee under the:b) New Zealand Wholesale Funding Facility, which isprovided under a Crown Wholesale Funding Guarantee
in respect of the Bank entered into by the Crown on 23
December 2008 and supplemented on 19 February 2009(“Crown Wholesale Guarantee”).

A u d itors ’ R es p onsibi l ities

In accordance with the Order, we are responsible for examining the Key
Information Summary presented by the Directors for compliance with
the Order, and reporting our findings to you.
B asis of R e p ort· Further information about the Crown Retail Guarantee andCrown Wholesale Guarantee is available in the General
Short Form Disclosure Statement for the nine months
ended 30 June 2009, the most recent Supplemental
Disclosure Statement, and on The Treasury website at
www.treasury.govt.nz.

We have examined the information contained in the Key Information
Summary and compared it to the corresponding information containedin the General Short Form Disclosure Statement for the nine months
ended 30 June 2009.		
un q ua l ifie d S tatement of F in d in g s

Based on our examination of the Key Information Summary, we report that:· the Key Information Summary has been prepared in accordancewith the Order; andFor a better understanding of the scope of our examination of ANZ
National Bank Limited’s General Short Form Disclosure Statement, andof the balance sheet of the Banking Group as at 30 June 2009 and theresults of their operations and cash flows for the nine months ended onthat date, this report should be read in conjunction with the General
Short Form Disclosure Statement for the nine months ended 30 June2009 from which the information in the Key Information Summary
was extracted and our independent review report thereon.

· The purpose of this Key Information Summary is to provide
customers and potential customers with information about
the financial condition of their bank.
a) New Zealand Deposit Guarantee Scheme, which isprovided under a Crown Deed of Guarantee enteredinto by the Bank and the Crown on 14 November 2008
and supplemented on 9 December 2008 (“Crown Retail
Guarantee”); andDire c tors ’ R es p onsibi l ities· the information contained in the Key Information Summary has
been properly extracted, where applicable, from the information
contained in the General Short Form Disclosure Statement for thenine months ended 30 June 2009.

I ntro d u c tory information

For the nine months ended 30 June 2009
No.54 Issued August 2009

· The information contained in the Key Information Summaryis explained in the Reserve Bank publication “Your Bank’s
Disclosure Statement - What’s In It For You?”, which can beobtained from the Reserve Bank.
Cor p orate I nformation· The full name of the registered bank is ANZ National Bank
Limited (the “Bank”).
· The full name of the ultimate parent bank of the Bank isAustralia and New Zealand Banking Group Limited, which
is domiciled in Australia.

Our review was completed on 27 August 2009 and our unqualifiedstatement of findings is expressed as at that date.		
Wellington

K E Y

I N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y

K E Y

I N F O R M A T I O N

S U M M A R Y