Company: WEBNF
Filing Date: 2025-11-04
Form Type: 20-F
Source: 0001104659-25-105894
Chunk: 125

Company: WESTPAC BANKING CORP
Filing Date: 2025-11-04
Form: 20-F
Item: Item 14
Chunk 125
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b.   Unallocated shares in the Westpac Employee Equity Plans Trust that are classified as treasury shares.
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For details of the share-based payment arrangements refer to Note 31.

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WESTPAC GROUP 2025 ANNUAL REPORT
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NOTES TO THE FINANCIAL STATEMENTS

Note 26.Shareholders’ equity (Continued)
Reconciliation of movement in reserves​

                            ​                               ​      ​      ​       ​     ​      ​      ​       ​  
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​                                                           ​            Consolidated   ​           Parent Entity
$m                                                          2025         2024           2025         2024        
Debt securities at FVOCI reserve                            ​        ​   ​          ​   ​        ​   ​          ​
Balance as at beginning of year                             ​    (568)   ​      (165)   ​    (462)   ​        103
Net gains/(losses) from changes in fair value               ​      500   ​      (591)   ​      423   ​      (813)
Income tax effect                                           ​    (147)   ​        180   ​    (124)   ​        243
Transferred to income statements                            ​     (19)   ​          5   ​     (19)   ​          5
Income tax effect                                           ​        6   ​        (1)   ​        6   ​        (1)
Loss allowance on debt securities measured at FVOCI         ​        -   ​          1   ​      (1)   ​          1
Other                                                       ​        3   ​          3   ​        -   ​          -
Balance as at end of year                                   ​    (225)   ​      (568)   ​    (177)   ​      (462)
Equity securities at FVOCI reserve                          ​        ​   ​          ​   ​        ​   ​          ​
Balance as at beginning of year                             ​      127   ​        126   ​     (18)   ​       (15)
Net gains/(losses) from changes in fair value               ​       25   ​        (2)   ​       10   ​        (5)
Exchange differences on translation                         ​        2   ​          1   ​        2   ​          -
Income tax effect                                           ​      (3)   ​          2   ​