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Australia and New Zealand Banking Group Ltd (OTCPK:ANZBY)
Research and Development
$0 Mil (TTM As of Mar. 2014)

This is the expense the company spent on research and development. Australia and New Zealand Banking Group Ltd's research and development for the six months ended in Mar. 2014 was $0 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $0 Mil.


Definition

This is the expense the company spent on research and development.

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Australia and New Zealand Banking Group Ltd Research & Development for the trailing twelve months (TTM) ended in Mar. 2014 was $0 Mil.

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


Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Related Terms

Gross Profit


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

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
Research & Development 0000000000

Australia and New Zealand Banking Group Ltd Semi-Annual Data

Sep09Mar10Sep10Mar11Sep11Mar12Sep12Mar13Sep13Mar14
Research & Development 0000000000
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