Scotiabank Financial Performance Review
Scotiabank
Solid Core Results
Each Business Up Quarter Over Quarter
net income available to common shareholders, $ millions
Q2/07 Q1/08 Q2/08
416
364
367
326
318
293
282
187
Imm
Domestic
International
251
Scotia Capital
Year over year
Domestic: Continued strong asset growth, market share gains, good expense control partly
offset by higher loan loss provisions, margin compression
International: Strong organic asset growth, contribution from acquisitions (Chile & Thailand),
partly offset by higher loan loss provisions, negative forex impact
Scotia Capital: Strong asset growth, lower expenses offset by lower loan loss and interest
recoveries, loss on non-trading securities, lower capital markets revenues
Scotiabank
5
Performance Review
Luc Vanneste
Executive Vice-President &
Chief Financial Officer
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