Organic Capital Generation and IFRS Transition Outlook
3
Non-IFRS and Additional Financial Measures
iA Financial Corporation and iA Insurance report their financial results and statements in accordance with International Financial Reporting Standards ("IFRS"). They also
publish certain financial measures or ratios that are not based on IFRS ("non-IFRS"). A financial measure is considered a non-IFRS measure for Canadian securities law
purposes if it is presented other than in accordance with the generally accepted accounting principles ("GAAP") used for the Company's audited financial statements. The
Company uses non-IFRS measures when evaluating its results and measuring its performance. The Company believes that non-IFRS measures provide additional
information to better understand its financial results and assess its growth and earnings potential, and that they facilitate comparison of the quarterly and full year results
of the Company's ongoing operations. Since non-IFRS measures do not have standardized definitions and meaning, they may differ from the non-IFRS financial measures
used by other institutions and should not be viewed as an alternative to measures of financial performance determined in accordance with IFRS. The Company strongly
encourages investors to review its financial statements and other publicly filed reports in their entirety and not to rely on any single financial measure. These non-IFRS
measures are often accompanied by and reconciled with IFRS financial measures. For certain non-IFRS measures, there are no directly comparable amounts under IFRS.
This document presents non-IFRS measures used by the Company when evaluating its results and measuring its performance.
These measures are: Return on common shareholders' equity (ROE); core earnings; core earnings per common share (core EPS); core return on common shareholders'
equity (core ROE); components of the sources of earnings (SOE), on a reported and core basis; car loan measure · loan originations; car loan measure - finance
receivables; car loan measure - average credit loss rate on car loans; dividend payout ratio; core dividend payout ratio; organic capital generation; potential capital
deployment; total payout ratio (trailing 12 months); capitalization; solvency ratio; financial leverage measure debentures/capital; Individual Wealth Management
mutual funds deposits; Group Savings and Retirement deposits; US Operations Dealer Services premium equivalents; Group Insurance Employee Plans ASO, Investment
contracts and premium equivalents and deposits; Individual Insurance minimum and excess premium sales; Individual Wealth Management gross and net mutual fund
sales; Group Insurance Employee Plans sales; US Operations Individual Insurance sales; Group Insurance Special Markets sales; Group Insurance Dealer Services P&C
sales; Group Savings and Retirement sales of accumulation contracts and insured annuities; US Operations Dealer Services sales and General Insurance sales; Group
Insurance Dealer Services creditor insurance sales; financial leverage measure – debentures + preferred shares issued by a subsidiary/capital; financial leverage measure -
coverage ratio; sensitivity measures; assets under administration (AUA); assets under management (AUM).View entire presentation