{
  "docId": "019dd923-5e88-73ef-bd5a-0306efc626ef",
  "docSlug": "6455e0a7257038ac",
  "documentTitle": "Goldman Sachs Sixteenth Annual ANZ Investment Forum Presentation",
  "authorId": "GoldmanSachs",
  "authorName": "Macquarie",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.777,
  "pageNumber": 20,
  "pageCount": 70,
  "prevPage": 19,
  "nextPage": 21,
  "slideType": "other",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 4,
  "notes": "The slide provides specific financial details regarding capital instruments (MIS and BCN) and their impact on Tier 1 capital.",
  "elementsJson": [
    "headline_text",
    "bullet_list"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5a-0306efc626ef/20",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5a-0306efc626ef",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5a-0306efc626ef.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5a-0306efc626ef#slide-20",
  "components": [
    {
      "bbox": {
        "h": 0.02,
        "w": 0.65,
        "x": 0.28,
        "y": 0.46
      },
      "kind": "list",
      "text": "MBL also intends to redeem the $A429m Macquarie Bank Capital Notes (BCN) on 24 Mar 2020",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3e8f277a-c1d4-4f0f-ab63-26780c5ace8a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.63,
        "x": 0.295,
        "y": 0.39
      },
      "kind": "list",
      "text": "MIS were issued in 1999 and receive transitional treatment under APRA's prudential standards that results in reducing capital recognition. The repayment will reduce Tier 1 capital by $A94m",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "616cb7a1-67b2-4379-8295-67121f80cbf4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.65,
        "x": 0.28,
        "y": 0.32
      },
      "kind": "list",
      "text": "On 30 Jan 2020, MBL announced that it intends to repay the $A400m Macquarie Income Securities (MIS) on 15 Apr 2020",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bfd926eb-9611-4b6f-8baf-94e74d490f93",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Tier 1 capital reduction: $A94m",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-1641-767d-850a-c4e4b331984c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.18,
        "x": 0.28,
        "y": 0.285
      },
      "kind": "paragraph",
      "text": "Additional Tier 1 Capital",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0d42f7fb-3aa5-43fb-8b5e-df00f1e34c33",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.215,
        "x": 0.35,
        "y": 0.18
      },
      "kind": "title",
      "text": "Capital management update",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "20e83988-ba4e-447c-8101-80ae71a72227",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 20,
      "from": 9,
      "beatId": "5d02ef02-4609-404b-bce2-911049a5adb4",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Slides 9-20 provide various data tables and financial analysis to support Macquarie's performance",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}