First Quarter 2011 Earnings Report
Other Segment (1)
($ millions)
Q1/11
Q4/10
Q1/10
Funding Net Interest Income
(75)
(98)
(109)
Net Securitization Revenues (2)
(70)
(38)
(135)
AFS Securities Writedowns
(42)
(15)
(36)
Financial Instruments
31
25
18
General Provision
40
Expenses & Net Other Items
(22)
(47)
(12)
TEB Offset
(71)
Taxes
61
770
(70)
(75)
78
139
Sub-total
(188)
(125)
(210)
Ontario Tax writedown
(55)
Total Other
(188)
(125)
(265)
(1) Includes Group Treasury and other corporate items, which are not allocated to a business line
(2) Represents the impact to the Other segment of CMB securitization revenues recognized in other income, and the reduction in mortgage net interest
income earned as a result of removing the mortgages from the balance sheet
Scotiabank
Scotiabank
Risk Review
Rob Pitfield
Group Head and Chief Risk Officer
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