Scotiabank Financial Review Q2 2019
OTHER ITEMS IMPACTING FINANCIAL RESULTS1
Other items increased adjusted net income by $6 million in Q2/19
Real estate gains
Total
Interac gain
International Banking
(Pre-Tax) ($MM)
Canadian Banking²
2
One month reporting lag elimination
34
21
24
23
40
-
61
58
Q1/18 Q2/18 Q3/18 Q4/18
Q2/19 vs YTD19 vs
Q1/19
Q2/19
Q2/18
YTD18
21
21
18
(34)
(34)
(17)
(30)
-
-
(40)
ཆ|
23
4
21
8
7
(51)
(104)
One month reporting lag elimination
Total
Other
386
380
30
30
58
58
(36)
(36)
22
22
22
Total
Canadian Banking²
2
Employee benefits re-measurement credit
Total (Pre-Tax)
(After-Tax and NCI) ($MM)
One month reporting lag elimination
Real estate gains
Interac gain
Total
203
203
(203)
-
-
-
-
-
(203)
264
94
23
51
66
7
(87)
285
Q2/19 vs YTD19 vs
Q1/18 Q2/18 Q3/18
Q4/18
Q1/19
Q2/19
Q2/18
YTD183
17
225
-
(25)
(25)
20
19
17
6
CO
6
(14)
(25)
35
-
-
-
(35)
52
45
19
17
6
6
(39)
(85)
International Banking
One month reporting lag elimination
Total
226
26
26
22
22
41
22
41
(26)
15
(26)
15
55
Other
Employee benefits re-measurement credit
Total
150
(150)
150
-
-
-
-
-
-
(150)
Total (After-Tax and NCI)
202
Impact on diluted earnings per share
$0.17
$0.00 ($0.06) ($0.18)
1 Items on this page have not been formally adjusted for determining the bank's Adjusted Net Income and Adjusted Diluted EPS
2 Effective Q1/19, the Bank adopted IFRS 15 which resulted in a re-classification prospectively (Q2/19 - $50 million; Q1/19 - $55 million) in Canadian Banking from Other Expenses to Card Revenues,
71
$0.06
19
$0.02
39
$0.03
47
$0.04
6
(65)
(220)
with no impact to Net Income
3 May not add due to rounding
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