FY 2021 BALANCED APPROACH BETWEEN INVESTMENT AND COST MANAGEMENT
APPENDIX 8 | OTHER
Other Segment Summary Results - Q4 2021
($MM, TEB)
Adjusted Results (1)
Q4 21
Q3 21
Q4 20
Revenues
21
49
(2)
Non-Interest Expenses
127
108
115
Pre-Tax/Pre-Provisions (2
(106)
(59)
(117)
PCL
(2)
Pre-Tax Income
(106)
(59)
(115)
Net Income
(72)
(44)
(82)
-
Higher revenues YoY:
Gain on remeasurement of Flinks and gains
on investments reflecting favorable markets;
partly offset by FV measurement of interest in
AfrAsia
■ Non-interest expenses up YoY:
Higher compensation and benefits
Reported Results
Q4 21
Q3 21
Q4 20
Revenues
21
49
(26)
Non-Interest Expenses
136
108
234
Pre-Tax/ Pre-Provisions (2)
(115)
(59)
(260)
PCL
(2)
Pre-Tax Income
Net Income
(115)
(79)
(59)
(258)
(44)
(205)
(1) Excluding specified items in Q4-21 and the Q4-20 comparable period, which are non-GAAP measures. See slides 2 and 35.
(2) Pre-Tax Pre-Provision earnings (PTPP) refers to Income before provisions for credit losses and income taxes.
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