Financial Performance
Financial performance trends of the major bank.
Interest rate in June, 2006 is improved all along compare to 2005 report of the quarterly month of June.
It also has an impact as Australia economic is also growing faster.
When compare tables and particular number of entities.
Fee and commission income for the quarterly months to 30th June, 2006 was $ million for credit unions and $ million for building societies.
Fee and commission income for the quarterly months to 30th June, 2005 was million for credit unions and $ million for building societies.
Total operating income for the quarterly month to 30th June, 2006 was $ million for credit unions and $ million for building societies.
Total operating income for quarterly month to 30th June, 2005 was $ million for credit unions and $ million for building societies.
Operating expenses for the quarterly ended 30th June, 2006 was $ million for unions and 4 million for building societies. Operating expenses for quarterly ended month to 30th June, 2005 was $ million for credit unions and $ million for building societies.
Personnel expenses remain the largest expenses item, for quarterly ended 30th June, 2006 credit unions personnel expenses amounted to $ million or percent of total expenses.
Personnel expenses remain the smaller item for quarterly ended 30th June, 2005 credit unions personnel expenses amounted to $ million or percent of total expenses.
Personnel expenses for building societies totalled $ million or percent of operating expenses for the same period.
Profit margin for credit unions was –percent for the quarterly months ended 30 June, 2006, and building societies operated at a margin of – percent, thus profit margin for credit unions was –percent for quarterly months ended 30th June, 2005 and building societies operated at a margin of – percent.
Net profit after tax the year ended 30th June, 2006 was $ - million for credit unions and $- million for building societies, the same the net profit...
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