Westpac Group (WBK, WBC.AX) posted full year cash earnings of A$6.598 billion, up 5% from A$ 6.301 billion in the prior-year period. Cash earnings per share were 215.9 cents, up 3% from 209.3 cents a year ago.
Statutory net profit was A$5.97 billion, down 15% from A$6.99 billion in the same period last year, as previous year benefited from one-off St.George tax consolidation.
Net interest income increased to A$12.502 billion from A$11.996 billion last year while Non-interest income was up 11% to A$5.481 billion from A$4.917 billion a year earlier.
Westpac declared a record fully franked final dividend of 84 cents per share, up 2 cents, or 2% over first half 2012. Total dividends for the year were 166 cents, up 6% over the prior year, and reflected a pay-out ratio of 77%.
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