Investor Presentation Q4 2005
Scotiabank
5 millions
Q4/Q3
Solid growth in other income
Q4/Q4
2005 / 2004
44
178
Underlying
332
8%
(18)
(20)
Impact of stronger Canadian $
(123)
26
158
Reported
209
5%
(7)
8
Trading Revenues
118
13
40
Retail Brokerage
92
(3)
20
Deposit & Payment services
55
9
27
Investment Banking
32
2
8
Mutual Funds
22
1
8
Card Revenues
20
(9)
222
(7)
Securitization Revenues
(32)
(12)
Credit Fees
(41)
55
Securities Gains
(63)
22
11
Other
6
26
158
Reported
209
5%
13
Scotiabank
6 millions
Q4/Q3
66
Higher expenses
Q4/Q4
2005/2004
106
Underlying
228
4%
(20)
(20)
Impact of stronger Canadian $
(95)
16
32
Impact of new subsidiaries
48
62
118
Reported
181
21
28
Salaries
30
(24)
1
Performance-based compensation
29
11
7
Professional Expenses
23
22
Advertising & Business Development
13222
3%
14
9
Premises & Technology
(1)
Communications
7
(8)
(2)
Business & Capital taxes
5
(10)
3
Pension & employee benefits
(23)
35
51
Other
79
62
118
Reported
181
3%
14View entire presentation