Investor Presentaiton
Scotiabank
Scotiabank Inverlat - solid progress
Growing retail business
➤ 30% automobile and mortgage loans in 2002
■ Very good penetration of commercial & corporate market
➤ loans up 16% year-over-year
Increased market share
➤ loans: +70 bps to 5.9%
➤ deposits: +150 bps to 6.1%
Record use of alternative delivery channels in 2002
➤ 2.7 million visits to Inverweb and 6.5 million calls
W VOLKSWAGEN
TELMEX
27
Scotiabank
$ millions
MAGNA
U.S. GAAP reconciliation
2002
2002
Net income
Common equity
Canadian GAAP
1,797
Canadian GAAP
13,502
- FAS 133
- Available-for-sale securities
(223)
(164)
- retained earnings adj.
(390)
- accumulated OCI*
428
- Quilmes goodwill
(76)
- other
(60)
U.S. GAAP
1,274
U.S. GAAP
13,540
other comprehensive income
28View entire presentation