I need help understanding how to calculate the long-term debt with a Bank's financial statements. The example I have is with National Australia Bank (NAB). Wall Street Journal shows the long-term debt for 2019 as $176,568m and for 2018 as $171,550m. Another source shows the long-term debt for 2018 as $7,431m. Could someone please show me how they got to these answers?
FINANCIAL STATEMENTS BALANCE SHEETS As at 30 September Note Group 2019 $m Company 2019 $m 2018 $m 2018 $m 55,457 32,130 96,828 40,205 7,110 4,689 587.749 2,490 50,188 30,568 78,228 42,056 10,041 3,840 567.981 3,816 54,811 29,049 89.552 40,166 6,229 4,059 506,527 2,490 49.717 28,293 72,961 41.957 8,581 2,703 492.508 3,816 82 423 1,117 1,199 Assets Cash and liquid assets Due from other banks Trading instruments Debt instruments Other financial assets Hedging derivatives Loans and advances Due from customers on acceptances Current tax assets Property, plant and equipment Due from controlled entities Investments in controlled entities Goodwill and other intangible assets Deferred tax assets Other assets Total assets Liabilities Due to other banks Trading instruments Other financial liabilities Hedging derivatives Deposits and other borrowings Current tax liabilities Provisions Due to controlled entities Bonds, notes and subordinated debt Other debt issues Other liabilities Total liabilities Net assets 5.576 2,670 11,103 847,124 5.787 2,083 10,723 806,510 374 114.786 7.979 2,306 2,021 8,817 869,166 100,483 10,331 2,445 1,447 8,187 823.934 34,273 34.318 33,283 4,037 522,085 468 3,507 38,192 22,422 30,437 2,547 503,145 103 2,196 32,552 37.945 8,550 2,939 463,026 36,371 25,863 7.381 1,818 448,616 362 143,258 6,482 3,207 116,033 137.599 6,482 8,582 817,277 51,889 140,222 6,158 8,376 753.798 52,712 1,879 102,888 136,110 6,158 7,108 774,192 49.742 9,809 791,520 55,604 38,707 306 Equity Contributed equity Reserves Retained profits Total equity (parent entity interest) Non controlling interest in controlled entities Total equity 35.982 46 16,673 52,701 37.921 113 13,855 51,889 34,221 108 15.413 49.742 16,583 55,596 11 55,604 52,712 51,889 49.742 FINANCIAL STATEMENTS BALANCE SHEETS As at 30 September Note Group 2019 $m Company 2019 $m 2018 $m 2018 $m 55,457 32,130 96,828 40,205 7,110 4,689 587.749 2,490 50,188 30,568 78,228 42,056 10,041 3,840 567.981 3,816 54,811 29,049 89.552 40,166 6,229 4,059 506,527 2,490 49.717 28,293 72,961 41.957 8,581 2,703 492.508 3,816 82 423 1,117 1,199 Assets Cash and liquid assets Due from other banks Trading instruments Debt instruments Other financial assets Hedging derivatives Loans and advances Due from customers on acceptances Current tax assets Property, plant and equipment Due from controlled entities Investments in controlled entities Goodwill and other intangible assets Deferred tax assets Other assets Total assets Liabilities Due to other banks Trading instruments Other financial liabilities Hedging derivatives Deposits and other borrowings Current tax liabilities Provisions Due to controlled entities Bonds, notes and subordinated debt Other debt issues Other liabilities Total liabilities Net assets 5.576 2,670 11,103 847,124 5.787 2,083 10,723 806,510 374 114.786 7.979 2,306 2,021 8,817 869,166 100,483 10,331 2,445 1,447 8,187 823.934 34,273 34.318 33,283 4,037 522,085 468 3,507 38,192 22,422 30,437 2,547 503,145 103 2,196 32,552 37.945 8,550 2,939 463,026 36,371 25,863 7.381 1,818 448,616 362 143,258 6,482 3,207 116,033 137.599 6,482 8,582 817,277 51,889 140,222 6,158 8,376 753.798 52,712 1,879 102,888 136,110 6,158 7,108 774,192 49.742 9,809 791,520 55,604 38,707 306 Equity Contributed equity Reserves Retained profits Total equity (parent entity interest) Non controlling interest in controlled entities Total equity 35.982 46 16,673 52,701 37.921 113 13,855 51,889 34,221 108 15.413 49.742 16,583 55,596 11 55,604 52,712 51,889 49.742
