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AMP Bank Limited 2017 financial statements PDF

49 Pages·2017·19.9 MB·English
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Preview AMP Bank Limited 2017 financial statements

amps\& AMP Bank Limited ‘ABN 15.081 596 009 Financial Report for the year ended 31 December 2017 AMP Bank Limitod ABN 15 081 596 009 FULL YEAR FINANCIAL REPORT ‘34 December 2017 Table of Contents OIRECTORS' REPORT, AUDITOR'S INDEPENDENCE DECLARATION 10 THE DIRECTORS OF AMM BANK LIMITED INCOME STATERNT [STATEMENT OF GOMPRCIIENSIVL INCOM [STATEMENT OF FINANCIAL FOS!TION ‘STATEMENT OF CHANSES IN EQUITY STATFMENT OF CASH FLOWS, NOTES 70 THF = NANGIAL STATEMENTS, |. BASIS OF PREPARATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLIGLS. 2. SIORIFICANT ACCOUNT NG JUDGEMENTS, =STIWATES AND ASSUMPTIONS 2, NET INTEREST INCOME, 4 OTHER (EXPENSES; NCO? 2 AND OPERATING EXSENSLS ©. OTHER ASSETS: 1. DEBT SECURITIES 2. LOANS AND ABVANGES, 8. ASSET CUALITY. 16, DFPONT IS AND OLHER ORR 4°, FMPLOYEE PROVISIONS 42. DEBT SECURITIES ON ISSUE 12, OTHER IARILITIES 14, SUBORDINATED OZET 18, DIVIDENDS AND DISTRIBUTIONS 16. CONTRIGUTED EQUITY. 17, COMMITMENTS. 42 AUDITOR'S REMUNERATION. 19, RELATED PARTY DISCLOSURES 20, NOILS 10 THE STATEMENT OF CASH FLO, 2°. UANK CONTROL FD ENTITY HOLDINGS 22. RISK MANAGEMENT AND FINANCIAL INSTRUMENTS INFORMATION 23, FAIR VALUES 24, CAPITAL ADEG.JACY. 25, EVENTS OCCURRING AFTER THE RE*ORTING DATE "TORS" DECLARATION. INDEPENDENT AUD TOR'S REPORT. 4 AMP Bank Limited Directors’ Report "deus of AAP Bank Lines tho Gompany} pron hee rar on the cnsidled ently the Hank} coring of ‘ne ak Lived rahe erties cooneoloe force neal er ena 31 Dace’ 201 Directors here of he Comps dm the yorsvel 8 Rex 047 an up oe dle porte show Sc, Dieters ore fcr ese We pe sel nes ui, tii Akon (haere Sevens Hoty Srna Gap on 12 ay 2017 ‘ae Tre fasten 19 Ie Bala ge on 22 ren 2012) ots Pao ers A eared on 1 May 2040 Principal activitios ‘1aP dans Listed = 5° Asean rt benk ornare vines sey, anewcon banking, and SUF products for aracnd 166200 eatomarg sno fae stra orien pike thaoe laste augporing ANS 350 Fetoore AM Bank eebuse houoh Brovat, a0MP aes, wl vel la vest aularers Ha phove ard Pct beng Review of operations and resus he routfor tre ysar ones 21 Perr 2017 ws aHalced ne atta ex af #1 CO- 0 8999 Dividends & dlstributions ue 7017, te ne ec ane pe Sm (20: tr ends ote mmadons waren vp. AME ancl Iowssrort ious his stat Gein tha yer eros" Daserer 2017, > vx ats tar 2015 Stn) of "tnd ur Sang o A" Lind. eta oF eenes ane Seba pes delved dmg Yea ae ‘isda sone tot antl ropa, Significant changos in the state of afftra “wena sen vo szoant ara i te eof fits be Corny ain he ye Environmental rogulations The Cenganys operate eo ro toc to ony Sate and nical ede ena egulaion uncer @ Low of ths Charanveath ort or Events acouring after the reporting date Con Fetus 20%8, te Company dre tio 2 {th tte exept oh aos dra avn ay ator eumatanos tat has ae sna Ba yor athe fey ha nay sigan eka ne cansolastg ers sean le ess, {Beafoof thse peti assy on esse wanetn ete Saar che etaoncy esti se Likely developments in th siren ef te dil’, adoeuo of fthr infor saute scwgarenks In he arte busine i ‘Chet snte od ld ay 8 setrantl se man aso the camry. AMIP Bank Limited Directors’ Report (continued) Indomtieaton and insurance of eirectors und olfcers Under Constr. Conary uses 2 he eens samt My ae 2! eee of re Womans etsy he (arose) forse jr Swng te cost ane parses! dooney sees i ar ts of alle fbi ane War oapasiy ac £5 ofeceottwe Cor sary this inserts notes deta aunerter tomar amps nfs AP ys seats it ours in mays anveniyes unten apyoned ty re Board of M2 Ire Sst Sa uf Stee he and of Bw Mew gos" sto interven ede. rat sl yt AM Lire apron inci lb ose a he Corser anastasia 8 pent Firms aspovstone ac Ive nowanco py pelos eau he neue sco, Uv nN fhe paths Hiv oat sa eter sors, AU Cuoue Hleege Lined 2291) om ele os dos8 of serv and aor > wah stor Sd socraty ‘ofthe Coriany sth doed tnsenline taser potas Dat + thos cs wl have aonaae tthe boc of in Cen i ter peed of oes end for nah ces, [vor pov tney Saas lo “ldo (subcostal ali"s} nd 4+ AYOH agree tn rdoris hue eee pe oly In sige! ny Uabry ured ey 9 fet {rrernessory se usin sete offs Comper ane afoot AMP ons surpanes, Rounding and parent entity information In sccowtance with the Asin Secuttes ara Invest: Cann sn {ASIC} CxportorsInsrunent 2015/11 cunts nthe dec! opal the aeanpanying inca opt Hes tur “cured repeat Ai a gs ulors ee nica. he Capans har sores we Fk ISA sre eras conse she ly parent End eared (cla steers and nee fo the fen sheen Auditor's independence “The dinar, ane clang an idecendores dodo vn the Canpary’s aus“ irs & Young, = copy oth ch thse Me epar an fete per oftha soc aot ort yanorded 1 ove 7917 Signin sence reausin oft dete ‘nos, Fob 70°0 EY @26rn. © Auditor's Independence Declaration to the Directors of AMP Bank Limited se for a of AD Rak inte oe te thai Gechyee ts lof rp lesewadge are tcf ee bet ed 3) Rowan 20 2602 n prot 2) na conrevertin amy 9 ave set rales ote a respec ANB Rak rast and gente coral Ate ele Young iL Yong AMP Bank Limited ycomo statoment se o so a ta vntectes a a ® f Spay aces ‘ 1 8 23 ANP Bank Limited ‘statement of comprehensive income west . a , “ Feary eens eet 2 & o « ANP Bank Limited Statement af financial position see pee nie ee Toone aaa tesa tne % : tay omoxseay . a ou a waa a a om AMP Bank Limited Statement of changes In oqulty AMP Bank Limited ‘Statement of cash flows ‘ete id iene er Es = rm ae 9,

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The directors of AMP Bank Limited (the Company) present their report on It also has a small portfolio of practice finance loans supporting AMP's adviser .. AASB 15 defines principles for recognising revenue and introduces new
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