International Retail Loans and Provisions slide image

International Retail Loans and Provisions

(1) (2) (3) Other Segment¹ 2,3 Net Income ($MM) 117 72 47 43 32 62 (15) Q4/14 Q1/15 Q2/15 Q3/15 Q4/15 Net after-tax notable items in Q4/14 Highlights Year-over-year, net income was higher driven by lower expenses • Pension accrual reduction, partly offset by reorganization costs . Increase in collective allowance against performing loans . Higher investment gains and lower tax costs, partly offset by lower interest income and other revenues Includes Group Treasury, smaller operating segments, and other corporate items which are not allocated to a business line. The results primarily reflect the net impact of asset/liability management activities Attributable to equity holders of the Bank Adjusted for notable items in Q4/14 - (See Appendix - Notable Items) 11 Scotiabank®
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