Scotiabank First Quarter Press Release 2023
Reconciliation of reported and adjusted results by business line
For the three months ended January 31, 2022 (1)
Canadian
($ millions)
Banking
Reported net income (loss)
$
1,201 $
Net income attributable to non-controlling interests in subsidiaries (NCI)
Reported net income attributable to equity holders
1,201
Reported net income attributable to preferred shareholders and
other equity instrument holders
Reported net income attributable to common shareholders
International
Global
Global Wealth Banking and
Banking
Management
Markets
Other
Total
630
$
415 $
561 $
(67) $
2,740
85
3
88
545
412
561
(67)
2,652
3
2
2
34
44
$
1,198 $
542 $
410 $
559 $
(101) $
2,608
Amortization of acquisition-related intangible assets
Adjustments
Adjusting items impacting non-interest expenses (Pre-tax)
Total non-interest expenses adjustments (Pre-tax)
Total impact of adjusting items on net income before taxes
Total impact of adjusting items on income tax expense
Total impact of adjusting items on net income
66624
10
10
10
(2)
(3)
7
22927
(2)
25
25
25
(7)
18
Total Impact of adjusting items on net income attributable to
equity holders and common shareholders
4
7
7
18
Adjusted net income (loss)
$
1,205 $
637
$
422 $
561
Adjusted net income attributable to equity holders
$
1,205 $
552 $
Adjusted net income attributable to common shareholders
$
1,202 $
549 $
419 $
417 $
$
561 $
559 $
(67) $
2,758
(67) $
2,670
(101) $
2,626
(1) Refer to Business Segment Review section of the Bank's Q1, 2023 Quarterly Report to Shareholders.
Scotiabank First Quarter Press Release 2023 9View entire presentation