Investor Presentaiton
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CC1: Composition of regulatory capital
(in $ millions)
Common Equity Tier 1 capital: instruments and reserves
Directly issued qualifying common share capital (and equivalent for non-joint stock companies) plus related
a2
аз
ад
Q2 2023
Q1 2023
Q4 2022
Q3 2022
Revised Basel III
Basel III
Basel III
Basel III
b
Source based on reference numbers/letters of the
balance sheet under the regulatory scope of
consolidation (¹)
1
stock surplus
2
Retained earnings
3
Accumulated other comprehensive income (and other reserves)
19,016
18,587
18,555
18,576
54,967
54,165
53,761
53,151
V
(4,906)
(6,640)
(7,166)
(6,684)
W
u+y
4
Directly issued capital subject to phase-out from CET1 (only applicable to non-joint stock companies)
5
Common share capital issued by subsidiaries and held by third parties (amount allowed in group CET1)
728
709
694
693
αα
6
Common Equity Tier 1 capital before regulatory adjustments
69,805
66,821
65,844
65,736
Common Equity Tier 1 capital: regulatory adjustments
7 Prudential valuation adjustments
8
Goodwill (net of related tax liability)
(9,558)
(9,469)
(9,200)
9
Other intangibles other than mortgage servicing rights (net of related tax liability)
(6,405)
(6,331)
(6,346)
(9,081)
(6,081)
g
h-q+i-r
10
Deferred tax assets excluding those arising from temporary differences (net of related tax liability)
(131)
(132)
(88)
(70)
k
11
Cash flow hedge reserve
4,347
4,248
4,786
2,853
12
Shortfall of provisions to expected losses
(407)
X
dd
13
Securitization gain on sale
14
Gains and losses due to changes in own credit risk on fair valued liabilities
(1,523)
(320)
(1,213)
(906)
p
15
Defined benefit pension fund net assets (net of related tax liability)
(469)
(644)
(757)
(840)
l-s
16
Investments in own shares (if not already netted off paid-in capital on reported balance sheet)
(25)
(12)
(17)
a
17
Reciprocal cross holdings in common equity
18
Non-significant investments in the capital of banking, financial and insurance entities, net of eligible short
positions (amount above 10% threshold)
19
Significant investments in the common stock of banking, financial and insurance entities that are outside the
scope of regulatory consolidation, net of eligible short positions (amount above 10% threshold)
e
2222222222
20 Mortgage servicing rights (amount above 10% threshold)
21
Deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax
liability)
Amount exceeding the 15% threshold
23
of which: significant investments in the common stock of financials
f
24
of which: mortgage servicing rights
25
of which: deferred tax assets arising from temporary differences
j
26
Other deductions or regulatory adjustments to CET1 as determined by OSFI
(139)
(10)
67
45
o+ff+gg+hh
27
Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional Tier 1 and Tier 2 to
cover deductions
28
Total regulatory adjustments to Common Equity Tier 1
(14,285)
(12,683)
29
Common Equity Tier 1 capital (CET1)
55,520
54,138
(12,763)
53,081
(14,097)
51,639
Scotiabank
Supplementary Regulatory Capital Disclosure
Page 21 of 88View entire presentation