Investor Presentaiton
Scotiabank
Impact of Forex
Impact ($ millions)
Q4/08 vs.
Q4/08 vs.
2008 vs.
Q3/08
Q4/07
2007
Net Interest Income (TEB)
40
70
(221)
Other Income
(23)
(24)
(80)
Non-interest expenses
(31)
(47)
146
Net income
(13)
(5)
(104)
EPS (diluted)
(1) cent
(10) cents
Spot Rate
Average exchange rate
Oct. 31/08
2008
2007
Q4/08
Q3/08
Q4/07
0.83
$US/$CAD
0.97
0.91
0.91
0.99
0.98
10.47
Mexican peso/$CAD
10.47
9.97
10.18
10.16
10.79
Peruvian new sol/$CAD
2.86
2.89
2.73
2.85
3.07
Chilean peso/$CAD
490.44
480.77
518.40
494.32 507.61
37
Continued Strong Asset Growth
Scotiabank
average assets, $ billions
13%
456
Residential
mortgages
5%
481
457
115
403
111-
109:
95:
Personal loans
49
& credit cards
45
45
40
Business &
123
112
116
government
88
(includes BA's)
Securities
94
96
96
98
Other
82
94
2007
Yr/Yr
2008
Business & government: +27%
Residential mortgages: +14%
Personal loans +13%
38
89
100
Q3/08
Qtr/Qtr
Q4/08
Personal Loans: +8%
Business and government loans: +6%
Residential mortgages: +3%View entire presentation