Westpac Group Pillar 3 Report March 2013 - Iguana IR Sites

PILLAR 3 REPORT
CREDIT RISK EXPOSURES
Impaired and past due loans
The following tables disclose the crystallisation of credit risk as impairment and loss. Analysis of exposures 90
days past due but well secured, impaired loans, related provisions and actual losses is broken down by
concentrations reflecting Westpac’s asset categories, industry and geography.
Impaired and past due loans by portfolio
Specific Specific Actual Losses
31 March 2013 Items past 90 days Impaired Provisions for Provisions to for the
$m but w ell secured Loans Impaired Loans Impaired Loans 1 6 months ended
Corporate 52 890 419 47% 70
Business lending 377 979 394 40% 98
Sovereign - - - - -
Bank - 4 3 86% -
Residential mortgages 1,744 349 110 32% 68
Australian credit cards - 104 71 68% 131
Other retail - 136 88 65% 75
Small business 97 77 46 59% 20
Specialised lending 373 1,621 522 32% 83
Securitisation - - - - -
Standardised 25 110 59 53% 1
Total 2,668 4,270 1,712 40% 546
Specific Specific Actual Losses
30 September 2012 Items past 90 days Impaired Provisions for Provisions to for the
$m but w ell secured Loans Impaired Loans Impaired Loans 1 6 months ended
Corporate 64 951 406 43% 144
Business lending 456 914 354 39% 317
Sovereign - - - - -
Bank - 4 4 92% -
Residential mortgages 1,479 392 113 29% 140
Australian credit cards - 83 59 71% 318
Other retail - 115 73 64% 167
Small business 61 43 24 56% 61
Specialised lending 589 1,785 553 31% 420
Securitisation - - - - 1
Standardised 37 99 55 56% 36
Total 2,686 4,386 1,641 37% 1,604
Specific Specific Actual Losses
31 March 2012 Items past 90 days Impaired Provisions for Provisions to for the
$m but w ell secured Loans Impaired Loans Impaired Loans 1 6 months ended
Corporate 222 887 312 35% 36
Business lending 560 904 374 41% 157
Sovereign - - - - -
Bank - 4 4 91% -
Residential mortgages 1,370 395 124 31% 70
Australian credit cards - 110 75 69% 153
Other retail - 124 83 67% 86
Small business 57 52 26 49% 28
Specialised lending 725 1,893 637 34% 202
Securitisation - 1 1 100% -
Standardised 48 117 61 52% 11
Total 2,982 4,487 1,697 38% 743
1 Care should be taken when comparing these ratios to Basel model LGD estimates because impaired loans represent a subset of total defaulted loans.
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