Supplementary Financial Information Q1 2023
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Operating Expenses
($ millions)
Salaries and employee benefits
Salaries
Performance-based compensation
Share-based payment
Other employee benefits
Total salaries and employee benefits
Premises
Rent
Property taxes
Other premises costs
Total premises
Technology
2023
2022
2021
Full Year
Q1
Q4
Q3
Q2
Q1
Q4
Q3
Q2
Q1
2022
2021
1,368
1,290 1,273
1,212
1,214
1,192
1,190
1,134
1,178
4,989 4,694
515
493
458
483
570
458
513
541
574
2,004
2,086
81
54
71
87
123
55
40
41
87
335
223
376
350
392
393
373
349
388
412
389
1,508
1,538
2,340
2,187
2,194
2,175
2,280
2,054
2,131
2,128
2,228
8,836
8,541
5
(6)
(1)
(1)
1
(1)
2
(2)
1
110
134
506
៩ ៖ ៩៩៩
21
25
25
21
23
27
24
23
92
97
110
106
110
100
101
103
106
105
426
415
131
136
129
120
123
131
129
130
516
513
505
476
461
466
475
466
452
445
1,908
1,838
193
183
187
186
194
190
192
193
749
769
Depreciation
Amortization
Amortization of software intangibles
196
178
174
169
164
165
159
157
159
685
640
Amortization of intangibles
21
23
24
25
25
24
24
26
28
97
102
Total amortization
217
201
198
194
189
189
183
183
187
782
742
Communications
94
90
88
93
90
93
98
86
94
96
96
361
369
Advertising and business development
136
140
123
108
109
126
93
94
5
91
480
404
Professional
175
239
200
195
192
242
211
179
157
826
789
Business and capital taxes
Business taxes
Capital taxes
Total business and capital taxes
Other
Total operating expenses
Adjusting items (1)
Amortization of acquisition-related intangible assets (2)
Restructuring and other provisions (3)
Support costs of the Scene+ loyalty program (3)
Total adjusting items
Adjusted operating expenses (1)
(1) Refer to Non-GAAP Measures on Note 1-3 pages of the Supplementary Financial Information Report.
(2) Recorded in Depreciation and Amortization.
(3) Recorded in Other Operating Expenses above.
Scotiabank
140
121
120
116
21
13
15
16
161
134
135
132
៩៩៩
126
110
109
112
130
483
461
10
13
14
13
58
50
140
120
122
126
143
541
511
512
709
458
485
451
655
484
465
538
2,103 2,142
4,464
4,529
4,191
4,159
4,223
4,271 4,097 4,042 4,208
17,102 16,618
(21)
(24)
(24)
(24)
(25)
(25)
(24)
(26)
(28)
(97) (103)
(85)
(188)
(85) (188)
(133)
(133)
(21)
(242)
(24)
(24)
(25)
(213)
(24)
(26)
(28) (315) (291)
4,443
4,287
4,167
4,135
4,198
4,058
4,073
4,016
4,180 16,787 16,327
Supplementary Financial Information (SFI)
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