Common use of Results of Operations Clause in Contracts

Results of Operations. Six months ended March 2015 compared with six months ended March 2014 (consolidated results) On May 15, 2015, we issued our unaudited financial statements for the six months ended March 31, 2015, 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 six months ended March 31, 2015 and 2014 and for the year ended September 30, 2014. Summary Income Statement Six months ended March 31, Year ended September 30, NZ$ millions, unless otherwise stated 2015 2015 20142 20143 US$ millions1 Interest income 2,579 3,445 2,998 6,272 Interest expense 1,514 2,022 1,644 3,529 Net interest income 1,065 1,423 1,354 2,743 Other operating income 442 591 522 1,085 Net operating income 1,507 2,014 1,876 3,828 Operating expenses 565 755 727 1,489 Profit before credit impairment and income tax 942 1,259 1,149 2,339 Credit impairment charge / (release) 22 30 (42) (16) Profit before income tax 920 1,229 1,191 2,355 Income tax expense 000 000 000 639 Profit after income tax 000 000 000 1,716

Results of Operations. Six months Year ended March 2015 September 2017 compared with six months year ended March 2014 September 2016 (consolidated results) On May 15November 16, 20152017, we issued our unaudited audited financial statements for the six months year ended March 31September 30, 20152017, 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 six months ended March 31, 2015 and 2014 and for the year years ended September 30, 20142017, 2016 and 2015. Summary Income Statement Six months ended March 31, Year ended September 30, NZ$ millions, unless otherwise stated 2015 2015 20142 20143 2017 20172 20162 20152 US$ millions1 Interest income 2,579 3,445 2,998 6,272 4,478 6,198 6,423 6,926 Interest expense 1,514 2,022 1,644 3,529 2,284 3,161 3,421 4,051 Net interest income 1,065 1,423 1,354 2,743 2,194 3,037 3,002 2,875 Other operating income 442 591 522 1,085 678 938 852 1,175 Net operating income 1,507 2,014 1,876 3,828 2,872 3,975 3,854 4,050 Operating expenses 565 755 727 1,489 1,061 1,468 1,599 1,512 Profit before credit impairment and income tax 942 1,259 1,149 2,339 1,811 2,507 2,255 2,538 Credit impairment charge / (release) 22 30 (42) (16) 45 62 150 74 Profit before income tax 920 1,229 1,191 2,355 1,767 2,445 2,105 2,464 Income tax expense 000 000 000 639 491 680 570 681 Profit after income tax 000 000 000 1,7161,275 1,765 1,535 1,783

Results of Operations. Six months Year ended March 2015 September 2016 compared with six months year ended March 2014 September 2015 (consolidated results) On May 15November 21, 20152016, we issued our unaudited audited financial statements for the six months year ended March 31September 30, 20152016, 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 six months ended March 31, 2015 and 2014 and for the year years ended September 30, 2016, 2015 and 2014. Summary Income Statement Six months ended March 31, Year ended September 30, NZ$ millions, unless otherwise stated 2015 2015 2016 20162 20152 20142 20143 US$ millions1 Interest income 2,579 3,445 2,998 4,682 6,423 6,926 6,272 Interest expense 1,514 2,022 1,644 2,494 3,421 4,051 3,529 Net interest income 1,065 1,423 1,354 2,188 3,002 2,875 2,743 Other operating income 442 591 522 621 852 1,175 1,085 Net operating income 1,507 2,014 1,876 2,810 3,854 4,050 3,828 Operating expenses 565 755 727 1,166 1,599 1,512 1,489 Profit before credit impairment and income tax 942 1,259 1,149 1,644 2,255 2,538 2,339 Credit impairment charge / (release) 22 30 (42) 109 150 74 (16) Profit before income tax 920 1,229 1,191 1,535 2,105 2,464 2,355 Income tax expense 000 000 000 416 570 681 639 Profit after income tax 000 000 000 1,119 1,535 1,783 1,716

Results of Operations. Six months Year ended March September 2015 compared with six months year ended March September 2014 (consolidated results) On May 15November 19, 2015, we issued our unaudited audited financial statements for the six months year ended March 31September 30, 2015, 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 six months ended March 31, 2015 and 2014 and for the year years ended September 30, 20142015, 2014 and 2013. Summary Income Statement Six months ended March 31, Year ended September 30, NZ$ millions, millions (unless otherwise stated stated) 2015 2015 20152 20142 20143 20132 US$ millions1 Interest income 2,579 3,445 2,998 4,426 6,926 6,272 5,957 Interest expense 1,514 2,022 1,644 2,589 4,051 3,529 3,344 Net interest income 1,065 1,423 1,354 1,837 2,875 2,743 2,613 Other operating income 442 591 522 751 1,175 1,085 823 Net operating income 1,507 2,014 1,876 2,588 4,050 3,828 3,436 Operating expenses 565 755 727 966 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 942 1,259 1,149 2,339 Credit impairment charge / (release) 22 30 (42) 47 74 (16) 63 Profit before income tax 920 1,229 1,191 1,574 2,464 2,355 1,861 Income tax expense 000 000 000 435 681 639 490 Profit after income tax 000 000 000 1,7161,139 1,783 1,716 1,371

Results of Operations. Six months Year ended March 2015 September 2014 compared with six months year ended March 2014 September 2013 (consolidated results) On May 15November 19, 20152014, we issued our unaudited audited financial statements for the six months year ended March 31September 30, 20152014, 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 six months ended March 31, 2015 and 2014 and for the year years ended September 30, 2014, 2013 and 2012. Summary Income Statement Six months ended March 31, Year ended September 30, NZ$ millions, unless otherwise stated 2015 2015 2014 20142 20143 20132 20122 US$ millions1 Interest income 2,579 3,445 2,998 4,885 6,272 5,957 6,017 Interest expense 1,514 2,022 1,644 2,748 3,529 3,344 3,335 Net interest income 1,065 1,423 1,354 2,136 2,743 2,613 2,682 Other operating income 442 591 522 845 1,085 823 1,006 Net operating income 1,507 2,014 1,876 2,981 3,828 3,436 3,688 Operating expenses 565 755 727 1,160 1,489 1,512 1,742 Profit before provision for credit impairment and income tax 942 1,259 1,149 1,822 2,339 Credit 1,924 1,946 Provision for credit impairment charge / (release) 22 30 (4213) (16) 63 193 Profit before income tax 920 1,229 1,191 1,834 2,355 1,861 1,753 Income tax expense 000 000 000 498 639 490 428 Profit after income tax 000 000 000 1,7161,336 1,716 1,371 1,325