Investor Presentation Q4 2001
Scotiabank
Higher margins
Inc. vs.
Inc. vs.
Q4/01
Q4/00
2001
2000
2.46%
14bps
Net interest margin
2.37%
11bps
Increase due to:
Inverlat
Lower funding costs
6
3
Scotiabank
7
4
Securities income
(2)
Other
14bps
11
Good growth in other income
3
(1)
11bps
$ millions
Q4/01
Q4/00 change
2001
2000 change
989
865
14% Reported
4,071
3,665
11%
(28)
(46)
(65)
Tax settlement - refund interest
Gain on investment securities
Gains on sale of businesses
(82)
(217)
(358)
(92)
(82)
896
819
9%
3,680
3,225
14%
88
100
Inverlat
48
26
85
Cards
80
86
(7)
Underwriting
60
80
(25)
Trading
68
90
(24)
Brokerage
Stock transfer
552
537
3
Other
896
819
9%
229
100
170
116
47
352
278
27
412
326
26
307
389 (21)
57
(100)
2,210
2,059
7
3,680
3,225
14%
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