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Australia and New Zealand Banking Group Ltd (OTCPK:ANZBY)
Credit Losses Provision
$892 Mil (TTM As of Sep. 2014)

Australia and New Zealand Banking Group Ltd's credit losses provision for the six months ended in Sep. 2014 was $415 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2014 was $892 Mil.

Australia and New Zealand Banking Group Ltd's quarterly credit losses provision declined from Sep. 2013 ($558 Mil) to Mar. 2014 ($479 Mil) and declined from Mar. 2014 ($479 Mil) to Sep. 2014 ($415 Mil).

Australia and New Zealand Banking Group Ltd's annual credit losses provision declined from Sep. 2012 ($1,247 Mil) to Sep. 2013 ($1,105 Mil) and declined from Sep. 2013 ($1,105 Mil) to Sep. 2014 ($892 Mil).


Definition

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Australia and New Zealand Banking Group Ltd Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2014 was $892 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Australia and New Zealand Banking Group Ltd Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
IS_CreditLossesProvision 4443074801,5922,5911,6801,2651,2471,105892

Australia and New Zealand Banking Group Ltd Semi-Annual Data

Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13Mar14Sep14
IS_CreditLossesProvision 987663683575566687609558479415
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