Update on large/notable items in 1H21 results : vimarsana.co

Update on large/notable items in 1H21 results


Date Time
Update on large/notable items in 1H21 results
ANZ today announced its first half 2021 Cash Profit will be impacted by a number of large/notable items:
ANZ today announced its first half 2021 Cash Profit will be impacted by a number of large/notable items:
$135m (after tax) of equity accounted losses from AMMB Holding Berhad (‘AmBank’) relating to goodwill impairment recognised by AmBank at 31 March 2021 (no impact on ANZ’s Common Equity Tier 1 ‘CET1’ capital).
$251m (after tax) relating to the write-down of goodwill attributable to the ANZ Share Investing business
[1] as a result of that business being reclassified as held-for-sale, reflecting a continuation of the bank’s simplification strategy (no impact on ANZ’s CET1 capital).

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