profit announcement for the half year ended 31 december 2001 results have been subject to an independent review by external auditors released 13 february 2002 this is available on internet at www commbank com au table of contents 2 financial highlights 3 group performance summary 5 overview 8 strategic initiatives outlook statement main indicators 9 banking 12 business analysis 14 16 net interest income margins and spreads 17 other from ordinary activities 18 charge bad doubtful debts 19 provisions impairment funds management 20 life insurance 22 valuations 24 operating expenses 25 items 26 statutory report 28 directors 29 consolidated 30 position cash flows 32 notes statements 33 declaration 42 43 appendices 44 1 average earning assets liabilities 45 rate volume 49 integrated risk 50 4 capital adequacy 52 credit rating 53 6
