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2013 ANNUAL REVIEW AND SUSTAINABILITY REPORT

THE STRENGTH WE’VE BUILT TODAY…
STRENGTH RETURN GROWTH PRODUCTIVITY

HELPING US LEAD TOMORROW.
Since our inception in 1817 we’ve built a legacy of leadership. In a young colony, through a great depression, through boom years, through a global financial crisis and in the development of a portfolio of businesses, Westpac has a history of looking ahead with a long-term view.
This year we have made significant progress in implementing a strategy that is delivering better returns today, and building a sustainable business for the future. It is the strength we’ve built into our business today, with sector leading capital, a robust funding and liquidity position, and superior asset quality, that is helping us lead tomorrow. As a result we can respond to opportunities as they emerge and invest to transform the organisation. We’ve been proudly supporting Australia, New Zealand and our region for almost two centuries and we’re singularly focused on continuing our support as we approach our third century. We believe in these countries, in their people and in their businesses and their potential to prosper and grow. Our strong position today means we are more capable than ever of helping to realise this potential. And we are more dedicated than ever to play a role in leading tomorrow.

…IS

Westpac Banking Corporation ABN 33 007 457 141

2013 PERFORMANCE HIGHLIGHTS
CASH EARNINGS ($m)1,2 REPORTED RESULTS ($m)3 COMMON EQUITY TIER 1 CAPITAL RATIO

$7,097m, up 8%
2013 2012 2011 2010 2009 4,675 7,097 6,598 6,301 5,879

$6,816m, up 14%
2013 2012 2011 2010 2009 3,446 5,970 6,991 6,346 6,816

9.1%
RETURN ON EQUITY4,5

Capital ratio remains above the Group’s preferred range of 8.0% to 8.5%

DIVIDENDS PER ORDINARY SHARE (¢)

EXPENSE TO INCOME RATIO (%)2,4

174¢, up 5%
2013 2012 2011 2010 2009 116

plus 20¢

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