Global Wealth Management: 2012 Outlook
Other Segment¹
Net Income
($ millions)
Q1/11
Q4/11
Q1/12
(29)
.
(94)
(123)³
(135)
(138)
After-tax real estate gain
Q1/12
Other operating income
+ $111MM gain on sale of real estate asset
- $19MM impairment loss on investment securities
Q1/11
Other operating income
- $27MM unfavorable impact in fair value of
financial instruments used for asset liability
management
Q4/11
Other operating income
- $11MM unfavorable impact in fair value of
financial instruments used for asset liability
management
- $45MM net foreign exchange translation loss
on AFS securities
PCL
+ $30MM reversal of collective allowance for
performing loans
Includes Group Treasury, smaller operating segments, and other corporate items which
are not allocated to a business line
Restated to reflect adoption of matched maturity pricing in Q1/12
(3) Excluding after-tax real estate gain
(1)
Scotiabank
(2)
15
Strategy in action
Risk Review
Rob Pitfield
Group Head and Chief Risk Officer
ScotiabankView entire presentation