Q3/06 Earnings Report slide image

Q3/06 Earnings Report

Scotiabank $ millions Domestic Minimal net impaired loan formations - Retail 76 - Commercial 20 96 International - Scotiabank Mexico 30 - Caribbean & Central America - Latin America & Asia (9) Scotia Capital: Global Corp. & Inv. 21 Domestic Retail: net formations of $76 mm reflect strong volume growth - underlying credit trends remain stable Domestic Commercial: net formations of $20 mm, due to classification of several small accounts International: net formations were $21 mm, with formations in Mexico partially offset by declassifications in Latin America and Asia Scotia Capital: net declassifications of $98 mm, largely in the U.S. Banking - U.S. (90) - Canada & Other (8) (98) Total 19 27 Scotiabank Low variability of trading revenue trading revenue, third quarter 2006 # days 14 12 10 8 60 4 2 0 (8) (7) (6) (5) (4) (3) (2) (1) 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 $ millions ■ 85% days had positive results in Q3/06 ■ 10 days of trading losses in Q3/06 vs. 8 days in Q2/06 28
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