Scotiabank Peru SA Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Standalone Annual Results

Dec'12

Dec'11

Dec'10

Dec'09

Dec'08

Dec'07

Dec'06

Interest Earned

2,436.31

2,116.55

1,777.20

1,898.20

1,985.93

1,510.20

1,207.02

Income On Investments

466.68

449.04

396.61

371.67

497.73

322.75

203.11

Interest On Balances With Rbi Other Inter Bank Funds

67.52

40.33

25.32

12.83

63.20

80.00

81.47

Interest / Discount On Advances / Bills

1,841.77

1,585.38

1,318.95

1,444.30

1,407.10

1,088.94

908.41

Others

60.35

41.80

36.31

69.40

17.91

18.52

14.02

Other Income

566.97

573.21

627.87

524.82

654.88

658.58

304.84

Total Income

3,003.28

2,689.75

2,405.07

2,423.03

2,640.81

2,168.78

1,511.86

Interest Expended

493.76

423.09

573.39

814.96

633.91

453.73

384.84

Net Interest Income

1,942.55

1,693.46

1,203.81

1,083.25

1,352.02

1,056.47

822.18

Total Expenditure (Excl Depreciation)

1,063.44

963.58

919.65

772.97

952.55

1,015.17

833.93

Employee Cost

846.44

760.85

659.33

570.32

677.35

591.18

505.77

Other Operating Expenses

217.00

202.73

260.32

202.65

256.98

259.64

298.30

Operating Profit Before Provisions and Contingencies

1,446.07

1,303.08

912.02

835.10

1,045.99

704.32

303.49

Exceptional Items

-33.34

-20.88

-10.32

-4.58

14.19

-18.45

-24.25

Provisions and contingencies

339.78

257.37

0.00

228.92

124.05

30.74

Profit Before Tax

1,106.29

1,045.71

912.02

835.10

825.42

575.82

262.34

Tax

283.73

257.21

231.82

198.05

226.78

104.26

0.00

Profit After Tax

822.56

788.49

680.20

637.05

598.65

471.56

262.34

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

822.56

788.49

680.20

637.05

598.65

471.56

262.34

Face Value

0.0

Reserves

1,775.80

1,743.43

1,878.08

1,533.06

1,946.70

1,223.70

781.62

Earnings per share (EPS)

0.85

0.84

0.9

2.49

2.48

1.93

1.45

Diluted Earnings per share

0.85

0.84

0.9

2.49

2.48

1.93

1.45

Operating Profit Margin (Excl OI)

0.0%

Gross Profit Margin

45.41%

49.41%

51.32%

43.99%

41.56%

38.13%

21.73%

PAT Margin

33.76%

37.25%

38.27%

33.56%

30.14%

31.22%

21.73%

Net Interest Margin

0.0%

Return on Assets

0.0%

CASA (%)

0.0%

CASA Amount

0.00

Capital Adequacy Ratio (Total)

15.74%

10.94%

11.53%

11.91%

8.36%

0.0%

Capital Adequacy Ratio (Tier 1)

0.0%

Provision Coverage Ratio (%)

0.0%

Amount of Gross NPAs

224.79

88.96

63.55

41.43

34.20

0.00

Amount of Net NPAs

224.79

88.96

63.55

41.43

34.20

0.00

% of Net NPAs

1.13%

0.49%

0.41%

0.31%

0.24%

0.0%

% of Gross NPAs

1.13%

0.49%

0.41%

0.31%

0.24%

0.0%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Pledged Capital (%)

0.0%

Number of ATMs

0.0

Number of Branches

0.0

Annual Analysis Highlights

Interest Earned

YoY Growth in year ended Dec 2012 is 15.11% vs 19.09% in Dec 2011

Net Profit

YoY Growth in year ended Dec 2012 is 4.32% vs 15.92% in Dec 2011

Operating Profit (PBDIT)

YoY Growth in year ended Dec 2012 is 10.97% vs 42.88% in Dec 2011

% of Net NPAs

YoY Growth in year ended Dec 2012 is 0.64% vs 0.08% in Dec 2011

% of Gross NPAs

YoY Growth in year ended Dec 2012 is 0.64% vs 0.08% in Dec 2011

Compare Annual Results Of Scotiabank Peru SA With

Select Peers

Figures in Million

Consolidate Annual Results

Change(PEN)

Change(%)

Interest Earned

2,971.31

3,427.65

-456.34

-13.31%

Income On Investments

0.00

Interest On Balances With Rbi Other Inter Bank Funds

0.00

Interest / Discount On Advances / Bills

2,829.30

3,025.84

-196.54

-6.5%

Others

135.51

400.41

-264.90

-66.16%

Other Income

947.95

992.56

-44.61

-4.49%

Total Income

947.95

992.56

-44.61

-4.49%

Interest Expended

628.38

991.59

-363.21

-36.63%

Net Interest Income

2,342.93

2,436.06

-93.13

-3.82%

Total Expenditure (Excl Depreciation)

1,484.47

1,284.92

199.55

15.53%

Employee Cost

730.23

553.93

176.30

31.83%

Other Operating Expenses

754.24

730.99

23.25

3.18%

Operating Profit Before Provisions and Contingencies

1,104.70

1,669.36

-564.66

-33.82%

Exceptional Items

-9.95

-3.16

-6.79

-214.87%

Provisions and contingencies

701.71

474.34

227.37

47.93%

Profit Before Tax

1,173.47

1,684.38

-510.91

-30.33%

Tax

363.63

439.74

-76.11

-17.31%

Profit After Tax

821.42

1,245.55

-424.13

-34.05%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

821.42

1,245.55

-424.13

-34.05%

Face Value

10.00

0.00

Reserves

4,627.48

4,228.34

399.14

9.44%

Earnings per share (EPS)

0.97

0.13

0.84

646.15%

Diluted Earnings per share

0.97

0.13

0.84

646.15%

Operating Profit Margin (Excl OI)

28.19%

37.77%

0.00

-9.58%

Gross Profit Margin

41.98%

51.28%

0.00

-9.30%

PAT Margin

20.96%

28.18%

0.00

-7.22%

Net Interest Margin

9.85%

7.11%

2.74

2.74%

Return on Assets

2.48%

2.71%

-0.23

-0.23%

CASA (%)

20,101.12%

31,778.16%

-11,677.04

-11,677.04%

CASA Amount

0.00

Capital Adequacy Ratio (Total)

0.00%

0.00

0.00%

Capital Adequacy Ratio (Tier 1)

0.00%

0.00

0.00%

Provision Coverage Ratio (%)

0.00

0.00%

Amount of Gross NPAs

388.49

393.55

-5.06

-1.29%

Amount of Net NPAs

388.49

393.55

-5.06

-1.29%

% of Net NPAs

1.61%

1.16%

0.45

0.45%

% of Gross NPAs

1.61%

1.16%

0.45

0.45%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Pledged Capital (%)

0.00

0.00%

Number of ATMs

0.00

Number of Branches

0.00

Annual - Interest Earned

Interest Earned 243.63 Million

in Dec 2012

Figures in Million

YoY Growth in year ended Dec 2012 is 15.11% vs 19.09% in Dec 2011

Annual - Net Profit

Net Profit 82.26 Million

in Dec 2012

Figures in Million

YoY Growth in year ended Dec 2012 is 4.32% vs 15.92% in Dec 2011

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 144.61 Million

in Dec 2012

Figures in Million

YoY Growth in year ended Dec 2012 is 10.97% vs 42.88% in Dec 2011

Annual - % of Net NPAs

% of Net NPAs 1.13%

in Dec 2012

Figures in %

YoY Growth in year ended Dec 2012 is 0.64% vs 0.08% in Dec 2011

Annual - % of Gross NPAs

% of Gross NPAs 1.13%

in Dec 2012

Figures in %

YoY Growth in year ended Dec 2012 is 0.64% vs 0.08% in Dec 2011