ANZ has announced an after tax statutory profit for the year ended 31 March 2018 of A$3.32 billion, up 14 per cent, and a cash profit on a continuing basis of $3.4 billion, up 4 per cent on the prior comparable period. The bank also presented its results on a pro forma basis, which, it said, incorporates the expected capital benefit from the Wealth Australia divestments (P&I, ADG and Life Insurance) and the second tranche of MCC, which remain subject to regulatory approval, less the capital impact from the completion of the $1.5 billion share buyback. "A highlight of the half was finalising the sale of our six Asian retail and wealth businesses. This was a significant execution task involving hundreds of ANZ staff transferring around two million customers, 40 branches, 69 systems and 2,700 employees on schedule and under budget," CEO Shayne Elliott said."The sale allows us to further strengthen our focus on Institutional, which continues to have a strong regional footprint across 15 markets in Asia and was again named a top four corporate bank in Asia and number one for overall quality."Margin: The net interest margin fell from 2.00 per cent in the March half last year to 1.93 per cent in the latest half. The bank attributed 2.4 basis points of the seven bps fall to the impact of the new major bank levy.Return on equity and assets: On a cash basis ROE lifted 32 bps from 11.6 to 11.9 per cent over the comparable half-years.Earnings per share: EPS rose 4 per cent from $114.8 a share in the March half last year to 119.4 cents a share in the latest half on a cash basis.Dividend:  The bank declared an interim dividend of 80 cents per share would be paid, fully franked, reflecting a payout ratio of 66 per cent of cash profit, which it asserted was "broadly in line with ANZ's target fully franked full year payout ratio of 60 to 65 per cent". New Zealand imputation credits of NZ nine cents per share will also be attachedThe divisions: The Australian consumer and business division contributed $1.9 billion of cash profit to group earnings - an increase of 8.9 per cent over the previous corresponding period. The institutional division contributed $793 million - down 26 per cent. New Zealand contributed $793 million - an increase of 10.6 per cent. Capital: The bank's common equity tier one capital ratio rose from 10.1 per cent in the March half last year to 11.0 per cent in the March 2018 half.