Investor Presentaiton
Scotiabank
Telecom - good coverage on
higher-risk sectors
Gross Loans
& BAs
Gross
Impaired
Write-offs,
Provisions
Net Reserve
Impaired Coverage
(before write-offs)
(before write-offs)
$MM
$MM
%
$MM
$MM
%
Unregulated
540
181
33%
111
70
61%
telephone
Wireless
909
21
2%
17
17
4
81%
Long-haul
320
266
83%
212
fibre cable
54
54
80%
CLECs
310
208
67%
152
56
73%
Total
2,079
676
32%
492
184
73%
Scotiabank
22
27
Power & energy trading exposure
Loans & acceptances, $ millions, July 31, 2002
Sector
Investment Non-Investment
Grade
Grade
Total
Regulated Utilities
757
330
1,087
Independent Power Projects with PPAs*
343
376
719
Other Power Projects
320
878
1,198
Diversified Generation
206
696
902
Total
1,626
2,280
3,906
Impaired loans: gross $118; net $85
*
Power Purchase Agreements
28View entire presentation