Cash flow Macquarie Group Limited

Equities

MQG

AU000000MQG1

Diversified Investment Services

Market Closed - Australian S.E. Other stock markets 07:10:35 06/09/2024 BST			5-day change	1st Jan Change
225.17 ^AUD	+2.37%		+4.41%	+22.62%

09-06	Blackstone Lines Up AU$5.5 Billion Loan for Airtrunk Purchase from Macquarie	MT
09-05	Macquarie Group Sells Aitrunk at AU$24 Billion Enterprise Value	MT

34a443f384d36.TBcR-xAr0A9QpgvW7TrOGDVYKtwsgUChGZItN3DhuoY.Jk1czmN8qDkc10Ciq0yDbnQBHe4U1ijoV6FuVDKJiME2TyKYYUK0dzTxQg

Published financial data: MACQUARIE GROUP LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Interest Income On Loans	4.41B	3.63B	3.99B	9.34B	15.75B
Interest Income On Investments	745M	333M	334M	804M	741M
Interest Income, Total	5.16B	3.96B	4.32B	10.14B	16.49B
Interest On Deposits	3.3B	1.77B	1.46B	7.11B	13.03B
Interest Expense, Total	3.3B	1.77B	1.46B	7.11B	13.03B
Net Interest Income	1.86B	2.2B	2.86B	3.03B	3.46B
Income From Trading Activities	2.86B	3.48B	4B	7.5B	5.45B
Gain (Loss) on Sale of Assets	291M	239M	2.79B	407M	303M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	1.15B	1.35B	258M	1.68B	1.05B
Income (Loss) on Equity Invest. (Income Block)	95M	-3M	240M	-113M	-49M
Total Other Non Interest Income	6.87B	6.09B	7.51B	7.04B	6.57B
Non Interest Income, Total	11.27B	11.16B	14.79B	16.5B	13.32B
Revenues Before Provison For Loan Losses	13.13B	13.35B	17.65B	19.53B	16.78B
Provision For Loan Losses	805M	434M	250M	388M	-134M
Total Revenues	12.33B	12.92B	17.4B	19.14B	16.92B
Salaries And Other Employee Benefits	4.74B	4.94B	6.07B	6.94B	6.89B
Occupancy Expense	239M	226M	-	-	-
Selling General & Admin Expenses, Total	1.61B	1.62B	1.91B	2.36B	2.51B
Total Other Non Interest Expense	2.29B	2.09B	2.81B	2.82B	2.66B
Non Interest Expense, Total	8.87B	8.87B	10.78B	12.13B	12.06B
EBT, Excl. Unusual Items	3.46B	4.05B	6.62B	7.01B	4.85B
Impairment of Goodwill	-1M	-106M	-12M	-12M	-8M
Asset Writedown	-115M	-49M	-67M	-7M	-20M
Other Unusual Items	113M	9M	-	-	-
EBT, Incl. Unusual Items	3.45B	3.91B	6.54B	6.99B	4.83B
Income Tax Expense	728M	899M	1.59B	1.82B	1.29B
Earnings From Continuing Operations	2.73B	3.01B	4.95B	5.17B	3.54B
Net Income to Company	2.73B	3.01B	4.95B	5.17B	3.54B
Minority Interest	5M	7M	-247M	14M	-13M
Net Income - (IS)	2.73B	3.02B	4.71B	5.18B	3.52B
Preferred Dividend and Other Adjustments	95M	99M	147M	167M	137M
Net Income to Common Incl Extra Items	2.64B	2.92B	4.56B	5.02B	3.38B
Net Income to Common Excl. Extra Items	2.64B	2.92B	4.56B	5.02B	3.38B
Per Share Items
Net EPS - Basic	7.91	8.43	12.72	13.54	9.17
Basic EPS - Continuing Operations	7.91	8.43	12.72	13.54	9.17
Basic Weighted Average Shares Outstanding	333M	346M	358M	370M	369M
Net EPS - Diluted	7.65	8.25	12.31	13.16	9.11
Diluted EPS - Continuing Operations	7.65	8.25	12.31	13.16	9.11
Diluted Weighted Average Shares Outstanding	371M	375M	389M	407M	381M
Normalized Basic EPS	6.5	7.34	10.85	11.87	8.18
Normalized Diluted EPS	5.84	6.77	10	10.81	7.94
Dividend Per Share	4.3	4.7	6.22	7.5	6.4
Payout Ratio	77.7	28.56	36.36	38.79	75.58
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Effective Tax Rate - (Ratio)	21.08	23.01	24.25	26.09	26.75
Total Current Taxes	1.03B	1.02B	1.74B	2.11B	1.32B
Total Deferred Taxes	-299M	-122M	-156M	-286M	-27M
Normalized Net Income	2.17B	2.54B	3.89B	4.4B	3.02B
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	586M	582M	659M	762M	833M
Total Stock-Based Compensation	586M	582M	659M	762M	833M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	7.45B	15.88B	50.17B	46.03B	33.32B
Investment Securities, Total	16.63B	13.33B	14.72B	20.8B	21.26B
Trading Asset Securities, Total	62.46B	42.39B	98.47B	53B	51.99B
Total investments	79.1B	55.72B	113B	73.79B	73.25B
Gross Loans	95.58B	106B	136B	160B	178B
Allowance For Loan Losses	-924M	-1.13B	-1.03B	-1.32B	-1.22B
Other Adjustments to Gross Loans	-541M	-306M	-180M	-218M	-249M
Net Loans	94.12B	105B	135B	159B	176B
Gross Property Plant And Equipment	8.03B	7.59B	8.24B	10.31B	12.16B
Accumulated Depreciation	-2.99B	-2.92B	-3.1B	-3.67B	-4.03B
Net Property Plant And Equipment	5.04B	4.68B	5.14B	6.64B	8.13B
Goodwill	1.72B	1.32B	1.86B	2B	2.38B
Other Intangibles, Total	1.55B	1.22B	1.92B	1.82B	1.88B
Investment in Real Estate	-	-	-	-	-
Other Receivables	8.62B	8.26B	11.58B	13.9B	19.02B
Restricted Cash	37.71B	36.68B	51.2B	54.32B	58.42B
Other Current Assets, Total	18.03B	14.68B	26.85B	26.6B	27.39B
Deferred Tax Assets Long-Term (Collected)	1.34B	1.47B	1.55B	1.8B	2.08B
Other Long-Term Assets, Total	1.13B	722M	966M	2.4B	1.18B
Total Assets	256B	246B	399B	388B	403B
Liabilities
Accrued Expenses, Total	3.81B	4B	5.23B	4.91B	4.35B
Interest Bearing Deposits	60.63B	73.24B	84.74B	113B	125B
Non-Interest Bearing Deposits	6.71B	10.96B	16.93B	21.43B	23.76B
Total Deposits	67.34B	84.2B	102B	135B	148B
Short-Term Borrowings	40.73B	22.12B	101B	51.53B	64.21B
Long-Term Debt	89.06B	80.22B	123B	122B	108B
Long-Term Leases	1.04B	784M	586M	702M	918M
Current Income Taxes Payable	984M	1.08B	981M	1.09B	785M
Other Current Liabilities - (Bank / Utility Template)	28.62B	28.35B	32.97B	32.46B	33.87B
Unearned Revenue Non Current	-	-	259M	369M	504M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non-Current	234M	204M	216M	196M	383M
Other Non Current Liabilities	2.19B	2.35B	4.11B	5.45B	7.91B
Total Liabilities	234B	223B	370B	354B	369B
Common Stock, Total	9.3B	10.17B	14.16B	14.74B	14.16B
Retained Earnings	10.44B	12.23B	14.74B	17.45B	18.22B
Treasury Stock	-1.45B	-1.63B	-1.86B	-2.33B	-2.78B
Comprehensive Income and Other	2.77B	1.28B	1.52B	3.3B	3.89B
Total Common Equity	21.06B	22.05B	28.56B	33.16B	33.48B
Minority Interest	721M	303M	245M	951M	515M
Total Equity	21.78B	22.35B	28.81B	34.11B	34B
Total Liabilities And Equity	256B	246B	399B	388B	403B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	340M	347M	369M	370M	365M
ECS Total Common Shares Outstanding	340M	347M	369M	370M	365M
Book Value / Share	61.93	63.58	77.51	89.67	91.72
Tangible Book Value	17.8B	19.5B	24.78B	29.33B	29.23B
Tangible Book Value Per Share	52.33	56.25	67.25	79.32	80.06
Tangible Book Value Per Share (As Reported)	50.21	53.91	64.59	75.89	76.32
Total Debt	131B	103B	225B	175B	173B
Deposits at Interest - Cash	653M	435M	1.9B	6.69B	10.24B
Net Debt	60.92B	44.86B	76.3B	75.56B	87.87B
Equity Method Investments, Total	8.32B	4.19B	4.37B	5.57B	6.97B
Full Time Employees	15.85K	16.46K	18.13K	20.51K	20.67K
Number Of Offices	-	-	-	-	-
Assets on Operating Lease - Gross	5.1B	4.41B	5.4B	6.6B	7.22B
Assets on Operating Lease - Accumulated Depreciation	-1.8B	-1.62B	-1.82B	-2.2B	-2.48B

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	2.73B	3.02B	4.71B	5.18B	3.52B
Depreciation, Depletion & Amortization	1.35B	811M	659M	671M	792M
Amortization of Goodwill and Intangible Assets - (CF)	100M	114M	160M	197M	180M
Total Depreciation, Depletion & Amortization	1.45B	925M	819M	868M	972M
Amortization of Deferred Charges, Total	-	-	-	31M	25M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	115M	162M	87M	20M	28M
Provision for Credit Losses	925M	362M	422M	439M	-397M
(Income) Loss On Equity Investments - (CF)	-95M	3M	-240M	113M	49M
Stock-Based Compensation (CF)	586M	529M	618M	751M	799M
Change in Trading Asset Securities	-269M	-5.07B	7.76B	-15.48B	-10.9B
Changes in Accrued Interest Receivable	513M	-253M	-376M	265M	18M
Changes in Accrued Interest Payable	-	-	-	-	-
Change In Income Taxes	-317M	112M	-156M	-210M	-341M
Change in Other Net Operating Assets (Collected)	-3.34B	-12.16B	22.36B	-34.27B	-10.33B
Other Operating Activities	-1.1B	-1.98B	-3.01B	-2.12B	-1.01B
Cash from Operations	1.2B	-14.35B	32.99B	-44.41B	-17.57B
Capital Expenditure	-1.16B	-761M	-977M	-824M	-1.96B
Sale of Property, Plant, and Equipment	81M	359M	85M	70M	-
Cash Acquisitions	-4.66B	-230M	-2.02B	-	-
Divestitures	4.16B	876M	3.39B	-	-
Investment in Marketable and Equity Securities, Total	-1.16B	2.66B	-465M	-476M	-1.92B
Cash from Investing	-2.74B	2.9B	12M	-1.23B	-3.88B
Long-Term Debt Issued, Total	-	4.42B	1.4B	3.08B	1.25B
Total Debt Issued	-	4.42B	1.4B	3.08B	1.25B
Long-Term Debt Repaid, Total	-429M	-1.27B	-1.1B	-	-
Total Debt Repaid	-429M	-1.27B	-1.1B	-	-
Issuance of Common Stock	1.67B	-	2.78B	-	-
Repurchase of Common Stock	-607M	-	-	-923M	-1.73B
Common Dividends Paid	-2.12B	-861M	-1.71B	-2.01B	-2.66B
Common & Preferred Stock Dividends Paid	-2.12B	-861M	-1.71B	-2.01B	-2.66B
Net Increase (Decrease) in Deposit Accounts - (CF)	10.92B	17.18B	17.46B	33.03B	13.48B
Other Financing Activities, Total	413M	-375M	-222M	305M	153M
Cash from Financing	9.84B	19.09B	18.61B	33.48B	10.49B
Foreign Exchange Rate Adjustments	1.79B	-3.11B	-781M	5.05B	513M
Net Change in Cash	10.09B	4.53B	50.83B	-7.11B	-10.45B
Supplemental Items
Cash Interest Paid	3.38B	1.92B	1.43B	6.28B	12.6B
Cash Income Tax Paid (Refund)	1.04B	790M	1.74B	2.04B	1.63B
Net Debt Issued / Repaid	-429M	3.15B	304M	3.08B	1.25B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.2	1.2	1.54	1.31	0.89
Return On Equity %	13.58	13.63	19.36	16.43	10.38
Return on Common Equity	13.58	13.53	18.02	16.25	10.16
Shareholders Value Added	502M	542M	1.83B	1.68B	-296M
Margin Analysis
SG&A Margin	53.39	52.48	45.84	48.62	55.55
Net Interest Income / Total Revenues %	15.08	16.99	16.43	15.82	20.45
EBT Excl. Non-Recurring Items Margin %	28.04	31.37	38.03	36.63	28.7
Income From Continuing Operations Margin %	22.11	23.28	28.46	27	20.9
Net Income Margin %	22.15	23.34	27.04	27.07	20.82
Net Avail. For Common Margin %	21.38	22.57	26.2	26.2	20.01
Normalized Net Income Margin	17.57	19.66	22.35	22.97	17.86
Asset quality
Nonperforming Loans / Total Loans %	2.08	1.9	1.21	1.26	1.55
Nonperforming Loans / Total Assets %	0.78	0.82	0.41	0.52	0.68
Nonperforming Assets / Total Assets %	0.78	0.82	0.41	0.52	0.68
NPAs / Loans and OREO	2.08	1.9	1.21	1.26	1.55
NPAs / Equity	9.14	9.06	5.71	5.94	8.12
Allowance for Credit Losses / Net Charge-offs %	650.7	720.38	640.37	1.91K	4.05K
Allowance for Credit Losses / Nonperforming Loans %	46.41	55.88	62.71	64.99	43.99
Allowance for Credit Losses / Total Loans %	0.97	1.06	0.76	0.82	0.68
Provision for Loan Losses / Net Charge-offs %	566.9	276.43	155.28	562.32	-446.67
Capital And Funding
Total Average Common Equity / Total Average Assets %	8.56	8.6	7.85	7.84	8.42
Total Average Equity / Total Average Assets %	8.85	8.8	7.93	7.99	8.61
Total Equity + Allowance for Loan Losses / Total Loans %	23	21.77	21.77	21.53	19.51
Gross Loans / Total Deposits %	141.94	126.44	133.73	118.85	119.82
Net Loans / Total Deposits %	139.76	124.74	132.53	117.71	118.84
Tier 1 Capital Ratio %	16.4	18.1	16.5	20.6	20.9
Core Tier 1 Capital Ratio	14.9	16.2	14.6	18.4	18.7
Coverage Ratio	46.41	55.88	62.71	64.99	43.99
Interbank Ratio	-	-	-	-	-
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	2.05	3.21	5.46	1.98	1.37
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	5.62	18.07	30.3	5.87	14.23
Non Interest Income, 1 Yr. Growth %	1.24	-1.02	32.57	11.55	-19.27
Provision For Loan Losses, 1 Yr. Growth %	151.56	-46.09	-42.4	55.2	-134.54