2008 Financial Overview and Trading Results
Scotiabank
Items of Note in Q4/08
Gain/(Loss)
Pre-tax
($MM)
After-tax
($MM)
EPS ($) Financial statement impact (Pre-tax)
Q4/08
Conduit CDOs
(245)
(137)
SC: Securities Gains
Other CDOs
(45)
(24)
SC: Securities Gains
(73)
(70)
Int'l: Securities Gains (50) Other/Other Income (23)
(45)*
(35)
Other: Securities Gains (35) Other/Other Income (10)
Other AFS Securities
(42)
(27)
SC: Securities Gains
(47)
(32)
Int'l: Securities Gains
(128)
(91)
Other: Securities Gains
Lehman Brothers
(171)
(117)
SC: Trading
ALM Hedging
(162)
(109)
Other: Net Interest Income
Total
(958)
(642)
(0.65)
*Includes SIV writedown $(11)MM pre-tax, $(7)MM after-tax
Scotiabank
35
Items of Note in Q4/07
Gain/(Loss)
Pre-tax After-tax
($MM) ($MM)
EPS ($)
Financial statement impact (Pre-tax)
Q4/07
Gain on Visa restructuring
111
92
Cdn: Other/Other income
91
71
Int'l: Other/Other Income
Gain on sale of bond
43
35
SC: Other/Other Income
index business
Conduit CDOs
SIVS/ABCP
(115)
(80)
SC: Trading
(20)
(14)
SC: Securities Gains
(56)
(39)
Other: Securities gains
Total
54
65
0.07
36View entire presentation