Commonwealth Bank of Australia 2011 AR2
The report outlines the financial and operational performance of Commonwealth Bank of Australia for the fiscal year ended June 30, 2011. The Group achieved a cash net profit after tax of $6,835 million, representing a 12% increase on the prior year, despite a challenging economic environment. Key highlights include the successful migration of ten million retail accounts to a new core banking platform and the occupancy of the new state-of-the-art Commonwealth Bank Place in Sydney. The Group also demonstrated its commitment to the community by providing $65 million in financial assistance to victims of natural disasters.
Company: Commonwealth Bank of Australia
Sector: Financials
Country: Australia
Year: 2011
Type: AR2
Pages: 241
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Commonwealth Bank of Australia
Annual Report
The report outlines the financial and operational performance of Commonwealth Bank of Australia for the fiscal year ended June 30, 2011. The Group achieved a cash net profit after tax of $6,835 million, representing a 12% increase on the prior year, despite a challenging economic environment. Key highlights include the successful migration of ten million retail accounts to a new core banking platform and the occupancy of the new state-of-the-art Commonwealth Bank Place in Sydney. The Group also demonstrated its commitment to the community by providing $65 million in financial assistance to victims of natural disasters.
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Document Details
Report Year
2011
Reporting Period
Jul 1, 2010 - Jun 30, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
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