Investor Presentation Third Quarter, 2008
Business Line Performance
Scotiabank
net income available to common shareholders, $ millions
Scotiabank
455
416
391
Q3/07 Q2/08 Q3/08
326 321
291
270
276
251
Domestic
International
Scotia Capital
35
Other Segment*
net income available to common shareholders, $ millions
79
Q3/07
Q2/08
Q3/08
(35)
(89)
Q3/08 vs. Q3/07 net income
+ higher securitization revenues
+ lower expenses
-
higher cost for liquidity &
-
hedging of interest rate risk
negative impact of financial instruments
-
lower securities gains
Q3/08 vs. Q2/08 net income
+ positive impact of financial instruments
+ lower expenses
- higher cost for liquidity &
hedging interest rate risk
- lower securities gains
*includes Group Treasury and other corporate items, which are not allocated to a business line
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