Q4/09 Financial Highlights
Contribution From Acquisitions (1)
($ millions)
2009
2008
Net Interest Income
629
276
Other Income
352
99
Non-Interest Expenses
(455)
(202)
Other Items (net)
(210)
(46)
Net Income
316 (2)
127
EPS (diluted)
$0.31
$0.13
(1) Includes acquisitions made in 2008 and 2009, excluding funding costs.
(2) The following contributed greater than $10 million to net income during 2009:
Canada: equity stake in CI Investments, loan portfolio purchased from HSBC, E*TRADE Canada
International: Banco del Desarrollo (Chile), additional 20% ownership in Scotiabank Peru, Banco del
Trabajo & Profuturo (Peru) & additional 24% ownership in Thanachart (Thailand)
Scotiabank
Impact of FX
($ millions)
Net Interest Income
Other Income
Q4/09 vs. Q4/08
2009 vs. 2008
(75)
235
(34)
111
Non-Interest Expenses
59
(55)
Net Income
(27)
207
EPS (diluted)
(3) cents
20 cents
Spot Rate
Average Exchange Rate
Oct. 31/09
2009
2008
Q4/09
Q3/09 Q4/08
0.93
$US/$CAD
0.86
0.97
0.93
0.88
0.91
12.21
Mexican peso/$CAD
11.59
10.47
12.30
11.53
10.18
2.68
Peruvian new sol/$CAD
2.62
2.86
2.71
2.66
2.73
490.88
Chilean peso/$CAD
497.76
490.44
508.6
472.99 518.40
Scotiabank
37
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