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Step 1: Download the 2023 annual reports of Australia and New Zealand Banking Group (ANZ) and Commonwealth bank of Australia (CBA). Compile a table

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Step 1: Download the 2023 annual reports of Australia and New Zealand Banking Group (ANZ) and Commonwealth bank of Australia (CBA). Compile a table with the following data from these two banks (5 Marks): Asset Cash Trading securities Investment securities Loans Other assets Total assets ANZ CBA Average Amount % of Amount % of Amount % of total total total assets assets assets When constructing this table please note that: The annual reports of banks are normally for the total group of companies with consolidated figures and separate figures for the bank only (parent entity). Please use group figures for this case study. Cash is with some banks shown as cash and liquid assets - Use the total amount of cash and liquid assets as cash if cash is not shown separate as cash only. Total assets the total assets in the balance sheets of the banks. Therefore you have to calculate other assets as Total assets - loans investment securities - trading securities - cash.

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