$WBKCY

WESTPAC BANKING CORP

CIK:0000719245|SEC Filings

INCOME STATEMENTS - AUD ($) $ in Millions	12 Months Ended
INCOME STATEMENTS - AUD ($) $ in Millions	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2023
Interest income:
Calculated using the effective interest method	$ 53,054	$ 52,739	$ 42,515
Other	1,988	1,608	1,237
Total interest income	55,042	54,347	43,752
Interest expense	(35,662)	(35,594)	(25,435)
Net interest income	19,380	18,753	18,317
Non-interest income
Net fees	1,732	1,672	1,645
Net wealth management	476	441	562
Trading	717	704	717
Other	79	18	404
Total non-interest income	3,004	2,835	3,328
Net operating income	22,384	21,588	21,645
Operating expenses	(11,916)	(10,944)	(10,692)
Impairment (charges)/benefits	(424)	(537)	(648)
Profit before income tax expense	10,044	10,107	10,305
Income tax expense	(3,111)	(3,117)	(3,104)
Profit after income tax expense	6,933	6,990	7,201
Net profit attributable to non-controlling interests (NCI)	(17)		(6)
Net profit attributable to owners of Westpac Banking Corporation (WBC)	$ 6,916	$ 6,990	$ 7,195
Earnings per share (cents)
Basic	$ 2.019	$ 2.009	$ 2.053
Diluted	$ 1.994	$ 1.917	$ 1.952
Parent Entity
Interest income:
Calculated using the effective interest method	$ 48,851	$ 48,358
Other	2,196	1,571
Total interest income	51,047	49,929
Interest expense	(34,949)	(34,492)
Net interest income	16,098	15,437
Non-interest income
Net fees	1,543	1,494
Trading	693	637
Other	1,546	1,851
Total non-interest income	3,782	3,982
Net operating income	19,880	19,419
Operating expenses	(10,455)	(9,728)
Impairment (charges)/benefits	(440)	(475)
Profit before income tax expense	8,985	9,216
Income tax expense	(2,489)	(2,525)
Profit after income tax expense	6,496	6,691
Net profit attributable to owners of Westpac Banking Corporation (WBC)	$ 6,496	$ 6,691

CASH FLOW STATEMENTS - AUD ($)
$ in Millions

12 Months Ended

Sep. 30, 2025

Sep. 30, 2024

Sep. 30, 2023

Cash flows from operating activities

Interest received

$ 53,888

$ 52,515

$ 41,970

Interest paid

(35,638)

(34,000)

(22,654)

Dividends received

Other non-interest income received

2,241

4,314

3,567

Operating expenses paid

(10,096)

(9,679)

(9,856)

Income tax paid

(3,532)

(3,369)

(2,439)

Cash flows from operating activities before changes in operating assets and liabilities

6,865

9,784

10,589

Net (increase)/decrease in:

Collateral paid

1,945

(2,097)

1,545

Trading securities and financial assets measured at FVIS

(6,107)

(18,994)

(4,524)

Derivative financial instruments

5,650

(836)

4,082

Loans

(50,182)

(35,083)

(27,270)

Other financial assets

(48)

(348)

128

Other assets

(29)

(34)

Net increase/(decrease) in:

Collateral received

(5)

(318)

(2,888)

Deposits and other borrowings

51,853

35,243

24,692

Other financial liabilities

(457)

(7,084)

(17,146)

Other liabilities

(12)

Net cash provided by/(used in) operating activities

9,489

(19,767)

(10,796)

Cash flows from investing activities

Proceeds from investment securities

63,356

47,624

36,480

Purchase of investment securities

(75,810)

(72,786)

(33,753)

Proceeds from disposal of controlled entities and other businesses, net of cash disposed

293

Purchase of controlled entities and other businesses

(30)

Purchase of associates

(10)

(4)

(1)

Proceeds from sale of loans portfolio

^[1]

1,418

Proceeds from disposal of property and equipment

Purchase of property and equipment

(371)

(235)

(238)

Purchase of intangible assets

(776)

(782)

(1,141)

Net cash provided by/(used in) investing activities

(12,160)

(26,167)

1,712

Cash flows from financing activities

Proceeds from debt issues (net of issue costs)

68,850

80,245

70,974

Redemption of debt issues

(76,010)

(67,100)

(62,596)

Payments for the principal portion of lease liabilities

(390)

(416)

(401)

Issue of loan capital (net of issue costs)

5,042

6,326

3,453

Redemption of loan capital

(4,122)

(1,957)

(1,171)

Payment for share buyback

(672)

(1,812)

Issue of perpetual preference shares (net of issue cost)

339

Purchase of shares relating to share-based payment arrangements

(23)

(56)

(32)

Net purchase of treasury shares (including RSP and EIP restricted shares)

(87)

(56)

(47)

Payment of dividends

(5,215)

(5,652)

(4,504)

Dividends paid to NCI

(17)

(4)

(21)

Purchase of shares from NCI

(4)

(25)

Net cash provided by/(used in) financing activities

(12,648)

9,832

5,655

Net increase/(decrease) in cash and balances with central banks

(15,319)

(36,102)

(3,429)

Effect of exchange rate changes on cash and balances with central banks

(753)

694

Cash and balances with central banks as at beginning of year

65,667

102,522

105,257

Cash and balances with central banks as at end of year

50,430

65,667

102,522

Parent Entity

Cash flows from operating activities

Interest received

50,015

48,242

Interest paid

(34,723)

(33,039)

Dividends received

987

1,285

Other non-interest income received

2,173

4,274

Operating expenses paid

(9,004)

(8,464)

Income tax paid

(3,047)

(2,871)

Cash flows from operating activities before changes in operating assets and liabilities

6,401

9,427

Net (increase)/decrease in:

Collateral paid

1,905

(2,057)

Trading securities and financial assets measured at FVIS

(6,054)

(19,452)

Derivative financial instruments

1,013

1,358

Loans

(45,997)

(32,528)

Other financial assets

(26)

(231)

Other assets

Net increase/(decrease) in:

Collateral received

(709)

(181)

Deposits and other borrowings

50,803

35,870

Other financial liabilities

873

(5,281)

Other liabilities

(9)

Net cash provided by/(used in) operating activities

8,211

(13,082)

Cash flows from investing activities

Proceeds from investment securities

61,168

40,089

Purchase of investment securities

(73,463)

(65,072)

Net movement in amounts due to/from controlled entities

3,797

(1,283)

Net (increase)/decrease in investments in controlled entities

478

(254)

Purchase of associates

(10)

(3)

Proceeds from sale of loans portfolio

^[1]

1,414

Proceeds from disposal of property and equipment

Purchase of property and equipment

(259)

(168)

Purchase of intangible assets

(674)

(673)

Net cash provided by/(used in) investing activities

(7,534)

(27,327)

Cash flows from financing activities

Proceeds from debt issues (net of issue costs)

59,404

68,438

Redemption of debt issues

(68,590)

(58,931)

Payments for the principal portion of lease liabilities

(338)

(365)

Issue of loan capital (net of issue costs)

5,042

6,326

Redemption of loan capital

(4,127)

(1,951)

Payment for share buyback

(672)

(1,812)

Purchase of shares relating to share-based payment arrangements

(23)

(56)

Net purchase of treasury shares (including RSP and EIP restricted shares)

(86)

(56)

Payment of dividends

(5,215)

(5,652)

Net cash provided by/(used in) financing activities

(14,605)

5,941

Net increase/(decrease) in cash and balances with central banks

(13,928)

(34,468)

Effect of exchange rate changes on cash and balances with central banks

310

(598)

Cash and balances with central banks as at beginning of year

58,400

93,466

Cash and balances with central banks as at end of year

$ 44,782

$ 58,400

$ 93,466

[1]	The sale of the auto finance loan portfolio to Resimac Asset Finance Pty Limited was completed on 1 March 2025. A loss on sale of $8 million is included in Net gain/(loss) on disposal of assets in Note 4.

BALANCE SHEETS - AUD ($) $ in Millions	Sep. 30, 2025	Sep. 30, 2024
Assets
Cash and balances with central banks	$ 50,430	$ 65,667
Collateral paid	4,590	6,269
Trading securities and financial assets measured at fair value through income statement (FVIS)	55,841	49,228
Derivative financial instruments	18,464	24,109
Investment securities	117,541	103,885
Loans	851,853	806,767
Other financial assets	10,766	5,456
Property and equipment	2,266	2,251
Tax assets	2,078	2,160
Intangible assets	10,465	10,746
Other assets	1,062	1,006
Total assets	1,125,356	1,077,544
Liabilities
Collateral received	3,187	3,078
Deposits and other borrowings	770,457	720,489
Other financial liabilities	41,488	38,077
Derivative financial instruments	20,630	30,974
Debt issues	171,404	169,284
Tax liabilities	137	569
Provisions	2,612	2,505
Other liabilities	2,378	2,633
Total liabilities excluding loan capital	1,012,293	967,609
Loan capital	39,970	37,883
Total liabilities	1,052,263	1,005,492
Net assets	73,093	72,052
Share capital:
Ordinary share capital	37,263	37,958
Treasury shares	(845)	(758)
Reserves	1,880	1,732
Retained profits	34,468	32,773
Total equity attributable to owners of WBC	72,766	71,705
NCI	327	347
Total shareholders' equity and NCI	73,093	72,052
Parent Entity
Assets
Cash and balances with central banks	44,782	58,400
Collateral paid	4,562	6,199
Trading securities and financial assets measured at fair value through income statement (FVIS)	53,626	47,014
Derivative financial instruments	17,534	23,902
Investment securities	109,100	95,623
Loans	755,112	710,043
Other financial assets	10,126	4,951
Due from subsidiaries	48,830	52,339
Investment in subsidiaries	8,567	9,095
Property and equipment	1,805	1,804
Tax assets	1,843	1,896
Intangible assets	8,918	9,131
Other assets	916	837
Total assets	1,065,721	1,021,234
Liabilities
Collateral received	2,364	2,935
Deposits and other borrowings	696,660	644,481
Other financial liabilities	38,935	33,917
Derivative financial instruments	20,492	30,795
Debt issues	142,622	143,882
Tax liabilities	61	408
Due to subsidiaries	52,566	55,722
Provisions	2,376	2,271
Other liabilities	1,854	2,065
Total liabilities excluding loan capital	957,930	916,476
Loan capital	38,891	36,770
Total liabilities	996,821	953,246
Net assets	68,900	67,988
Share capital:
Ordinary share capital	37,263	37,958
Treasury shares	(902)	(816)
Reserves	2,176	1,757
Retained profits	30,363	29,089
Total equity attributable to owners of WBC	68,900	67,988
Total shareholders' equity and NCI	$ 68,900	$ 67,988