Investor Presentation Second Quarter 2007 slide image

Investor Presentation Second Quarter 2007

Scotiabank Mexico Contribution Q2/07 Q1/07 Q2/06 ($ millions) Net income in pesos, excluding inflation accounting 1,084 956 1,037 MXP/CAD exchange rate 9.6 9.5 9.5 Net income in CAD, excluding inflation accounting BNS' share (97%) $113 $101 $110 $110 $98 $107 Canadian GAAP and acquisition adjustments $1 $43 $17 Scotiabank Mexico contribution in CAD $111 $141 $124 ■ Canadian GAAP and acquisition adjustments relate mainly to taxes and loan losses Strong positive underlying trends: strong revenue growth, loan losses reflecting portfolio growth, investing in initiatives to drive future growth 39 Scotiabank $ millions Domestic: Retail Trend in net impaired loan formations by business Commercial Q2/06 Q3/06 Q4/06 Q1/07 Q2/07 73 44 17 43 628 76 77 81 78 20 29 6 (20) 96 106 80 87 58 International Retail 43 52 52 70 74 87 Commercial (34) (31) (43) (9) 9 21 27 65 15 41 128 Scotia Capital (115) (98) 36 (75) (121) 11 19 169 77 65 40
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