1、Annual Financial Report2011National Australia Bank Limited ABN 12 004 044 937This Annual Financial Report(Report)is lodged with the Australian Securities and Investments Commission and ASX Limited.National Australia Bank Limited(NAB)is publicly listed in Australia and overseas.The Report contains in
2、formation prepared on the basis of the Banking Act 1959(Cth),Corporations Act 2001(Cth)and Australian equivalents to International Financial Reporting Standards.The Group deregistered from the United States Securities and Exchange Commission(SEC)effective 20 September 2007.Accordingly,NAB is not req
3、uired to include SEC-related disclosures in the Report for either the current or comparative financial years.NAB no longer produces a concise report under section 314(2)of the Corporations Act 2001(Cth),and instead compiles a non-statutory Annual Review which can be viewed online at .To view the Rep
4、ort online,visit .Alternatively,to arrange for a copy to be sent to you free of charge,call Shareholder Services on 1300 367 647 from within Australia,or+61 3 9415 4299 from outside Australia.Nothing in the Report is,or should be taken as,an offer of securities in NAB for issue or sale,or an invitat
5、ion to apply for the purchase of such securities.All figures in the Report are in Australian dollars unless otherwise stated.2011 Annual Financial Report 1Table of ContentsReport of the directors 2Remuneration report15Corporate governance44Financial report55Income statement56Statement of comprehensi
6、ve income57Balance sheet58Cash flow statement59Statement of changes in equity60Notes to the financial statements621 Principal accounting policies622 Segment information753 Net interest income794 Other income795 Operating expenses806 Income tax expense817 Dividends and distributions828 Earnings per s