Group capital surplus of $A3.2b
Group capital of $A12.0b at 31 Dec 10, a $A3.2b buffer of capital in excess of the Group’s minimum regulatory capital requirements
Strong Banking Group capital ratios – Tier 1: 10.6% (Core Tier 11: 9.8%); Total Capital: 12.2%
Final form of Basel III in Australia is subject to implementation by APRA. Macquarie continues to monitor regulator and other market developments and remains well capitalised and well funded
PMI issue, DRP
Reduction in DTAs and intangibles
Business growth, regulatory adjustments, Dec 10 qtr earnings and other movements to reserves
1. Core Tier 1 represents Tier 1 excluding hybrid Tier 1 instruments.