Common use of Results of Operations Clause in Contracts

Results of Operations. Year ended September 2017 compared with year ended September 2016 (consolidated results) On November 16, 2017, we issued our audited financial statements for the year ended September 30, 2017, which are included in the ANZ New Zealand Financial Statements attached to this Offering Memorandum as Annex A. The table below sets forth our results for the years ended September 30, 2017, 2016 and 2015. Summary Income Statement Year ended September 30, NZ$ millions, unless otherwise stated 2017 20172 20162 20152 US$ millions1 Interest income 4,478 6,198 6,423 6,926 Interest expense 2,284 3,161 3,421 4,051 Net interest income 2,194 3,037 3,002 2,875 Other operating income 678 938 852 1,175 Net operating income 2,872 3,975 3,854 4,050 Operating expenses 1,061 1,468 1,599 1,512 Profit before credit impairment and income tax 1,811 2,507 2,255 2,538 Credit impairment charge 45 62 150 74 Profit before income tax 1,767 2,445 2,105 2,464 Income tax expense 491 680 570 681 Profit after income tax 1,275 1,765 1,535 1,783

Results of Operations. Year Six months ended September 2017 March 2015 compared with year six months ended September 2016 March 2014 (consolidated results) On November 16May 15, 20172015, we issued our audited unaudited financial statements for the year six months ended September 30March 31, 20172015, which are included in the ANZ New Zealand Financial Statements attached to this Offering Memorandum as Annex A. The table below sets forth our results for the years six months ended March 31, 2015 and 2014 and for the year ended September 30, 2017, 2016 and 20152014. Summary Income Statement Six months ended March 31, Year ended September 30, NZ$ millions, unless otherwise stated 2017 20172 20162 20152 2015 2015 20142 20143 US$ millions1 Interest income 4,478 6,198 6,423 6,926 2,579 3,445 2,998 6,272 Interest expense 2,284 3,161 3,421 4,051 1,514 2,022 1,644 3,529 Net interest income 2,194 3,037 3,002 2,875 1,065 1,423 1,354 2,743 Other operating income 678 938 852 1,175 442 591 522 1,085 Net operating income 2,872 3,975 3,854 4,050 1,507 2,014 1,876 3,828 Operating expenses 1,061 1,468 1,599 1,512 565 755 727 1,489 Profit before credit impairment and income tax 1,811 2,507 2,255 2,538 942 1,259 1,149 2,339 Credit impairment charge 45 62 150 74 / (release) 22 30 (42) (16) Profit before income tax 1,767 2,445 2,105 2,464 920 1,229 1,191 2,355 Income tax expense 491 680 570 681 000 000 000 639 Profit after income tax 1,275 1,765 1,535 1,783000 000 000 1,716

Results of Operations. Year ended September 2017 2014 compared with year ended September 2016 2013 (consolidated results) On November 1619, 20172014, we issued our audited financial statements for the year ended September 30, 20172014, which are included in the ANZ New Zealand Financial Statements attached to this Offering Memorandum as Annex A. The table below sets forth our results for the years ended September 30, 20172014, 2016 2013 and 20152012. Summary Income Statement Year ended September 30, NZ$ millions, unless otherwise stated 2017 20172 20162 20152 2014 20142 20132 20122 US$ millions1 Interest income 4,478 6,198 6,423 6,926 4,885 6,272 5,957 6,017 Interest expense 2,284 3,161 3,421 4,051 2,748 3,529 3,344 3,335 Net interest income 2,194 3,037 3,002 2,875 2,136 2,743 2,613 2,682 Other operating income 678 938 852 1,175 845 1,085 823 1,006 Net operating income 2,872 3,975 3,854 4,050 2,981 3,828 3,436 3,688 Operating expenses 1,061 1,468 1,599 1,160 1,489 1,512 1,742 Profit before provision for credit impairment and income tax 1,811 2,507 2,255 2,538 Credit 1,822 2,339 1,924 1,946 Provision for credit impairment charge 45 62 150 74 (13) (16) 63 193 Profit before income tax 1,767 2,445 2,105 2,464 1,834 2,355 1,861 1,753 Income tax expense 491 680 570 681 498 639 490 428 Profit after income tax 1,275 1,765 1,535 1,7831,336 1,716 1,371 1,325

Results of Operations. Year ended September 2017 2015 compared with year ended September 2016 2014 (consolidated results) On November 1619, 20172015, we issued our audited financial statements for the year ended September 30, 20172015, which are included in the ANZ New Zealand Financial Statements attached to this Offering Memorandum as Annex A. The table below sets forth our results for the years ended September 30, 20172015, 2016 2014 and 20152013. Summary Income Statement Year ended September 30, NZ$ millions, millions (unless otherwise stated 2017 20172 20162 stated) 2015 20152 20142 20132 US$ millions1 Interest income 4,478 6,198 6,423 4,426 6,926 6,272 5,957 Interest expense 2,284 3,161 3,421 2,589 4,051 3,529 3,344 Net interest income 2,194 3,037 3,002 1,837 2,875 2,743 2,613 Other operating income 678 938 852 751 1,175 1,085 823 Net operating income 2,872 3,975 3,854 2,588 4,050 3,828 3,436 Operating expenses 1,061 1,468 1,599 966 1,512 1,489 1,512 Profit before provision for credit income tax impairment and 1,622 2,538 2,339 1,924 Provision for credit impairment and income tax 1,811 2,507 2,255 2,538 Credit impairment charge 45 62 150 47 74 (16) 63 Profit before income tax 1,767 2,445 2,105 1,574 2,464 2,355 1,861 Income tax expense 491 680 570 435 681 639 490 Profit after income tax 1,275 1,765 1,535 1,7831,139 1,783 1,716 1,371

Results of Operations. Year ended September 2017 2016 compared with year ended September 2016 2015 (consolidated results) On November 1621, 20172016, we issued our audited financial statements for the year ended September 30, 20172016, which are included in the ANZ New Zealand Financial Statements attached to this Offering Memorandum as Annex A. The table below sets forth our results for the years ended September 30, 20172016, 2016 2015 and 20152014. Summary Income Statement Year ended September 30, NZ$ millions, unless otherwise stated 2017 20172 2016 20162 20152 20142 US$ millions1 Interest income 4,478 6,198 4,682 6,423 6,926 6,272 Interest expense 2,284 3,161 2,494 3,421 4,051 3,529 Net interest income 2,194 3,037 2,188 3,002 2,875 2,743 Other operating income 678 938 621 852 1,175 1,085 Net operating income 2,872 3,975 2,810 3,854 4,050 3,828 Operating expenses 1,061 1,468 1,166 1,599 1,512 1,489 Profit before credit impairment and income tax 1,811 2,507 1,644 2,255 2,538 2,339 Credit impairment charge 45 62 109 150 74 (16) Profit before income tax 1,767 2,445 1,535 2,105 2,464 2,355 Income tax expense 491 680 416 570 681 639 Profit after income tax 1,275 1,765 1,119 1,535 1,7831,783 1,716