Strategy in Action Investor Presentation
1
Other Segment
Net Income²
($ millions)
Q1/12
Q4/12
Q1/13
(42)
(94)
Year-over-Year
Net loss increased $89MM
- Real estate gain in Q1/12 (-$94MM after-tax)
- Lower revenues from asset/liability management
activities
+ Higher net gains on investment securities
Quarter-over-Quarter
Net loss increased $13MM
- Higher taxes
(118)
- Lower net gains on investment securities
(136)
(131)
+ Lower intercompany elimination related to the
Bank's share issuance in the prior quarter
After-tax real estate gain
Scotiabank
15
(1)
Includes Group Treasury, smaller operating segments, and other corporate items which are not
allocated to a business line. The results primarily reflect the impact of asset/liability
management activities.
(2) Attributable to equity holders of the Bank
Risk Review
Rob Pitfield
Chief Risk Officer
ScotiabankView entire presentation