Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — TISCO Financial Group — Q3 2007 Earnings Presentation
17 slides from Tisco Financial Group Public's earnings presentation, Oct 16, 2007
Slide 1: Analyst Meeting 3Q07
Analyst Meeting 3Q07 16 October 2007 Disclaimer: This presentation material may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statement
Slide 2: Agenda
Agenda • 9M07 Achievements • 3Q07 Key Financial Highlights • Q&A 2
Slide 3: 9M07 Achievements
9M07 Achievements • Resolutions of Shareholders Meeting on 20 April 2007 • Dividend payment on 18 May 2007 Dividend per share 2003 2004 2005 2006 • The issuance of revolving debentures: preferred share (baht) 1.65 2.30 3.00 3.00 30,000 million baht common share (baht) 0.65 1.30 2.00 2.00 • The cance
Slide 4: New Products and Services
New Products and Services • ATM service • Online Retail Fund Transfer (ORFT) • ATM Buffet Withdrawal • New deposits • Tiered Rate Savings Account • Tax-Free Recurring Deposit • TISCO Direct Card – All in 1 • Electronic Slip for deposit and withdraw • ATM card • Bill payment – Pay At Post • Bancassur
Slide 5: 3Q07 Financial Highlights
3Q07 Financial Highlights (Million Baht) 3Q07 2Q07 %QoQ 3Q06 %YOY 9M07 9M06 %YOY Interest income 1,684 1,882 (10.5) 1,444 16.6 5,252 4,207 24.8 Interest expense (799) (998) (19.9) (781) 2.3 (2,726) (2,050) 33.0 Net interest income 885 885 0.1 663 33.5 2,526 2,157 17.1 Non-interest income 729 511 42.
Slide 6: Revenue Structure
Revenue Structure 2006 9M07 Wholesales Loans W holesales - net Interbank & MM - Loans - net Interbank & MM - 9% net Retail Loans - net 9% net Retail Loans - net 40% 4% 4% 43% Proprietary Proprietary 10% 12% Investment Investment Banking Banking 0% 0% Brokerage Fee Banking Fee Brokerage Fee Banking F
Slide 7: Interest Income
Interest Income Break- % % % down (Million Baht) 2006 3Q07 2Q07 3Q06 9M07 9M06 QoQ YoY YoY 9M07 (%) Loans 943 215 311 (30.6) 265 (18.8) 779 682 14.3 14.8 Interbank & MM 438 78 199 (60.8) 101 (23.2) 394 334 18.1 7.5 HP & financial lease 4,068 1,317 1,260 4.5 1,025 28.5 3,828 2,956 29.5 72.9 Investmen
Slide 8: Operating Expenses
Operating Expenses Break- % % % down (Million Baht) 2006 3Q07 2Q07 3Q06 9M07 9M06 QoQ YoY YoY 9M07 (%) Personnel expenses 1,216 425 355 19.7 208 104.3 1,080 808 33.7 51.2 Premises and equipment 452 140 123 13.7 117 19.3 375 332 12.8 17.8 expenses Taxes and duties 102 25 33 (22.0) 26 (3.4) 91 68 34.3
Slide 9: Loans & Deposits
Loans & Deposits Asset Mix Liabilities Mix 84,781 105,091 104,047 98,941 72,099 92,069 92,341 86,780 100% 100% 3% 7% 90% 17% 14% 80% 80% Other assets 70% 60% Interbank & MM 64% & Repo 60% Other Liabilities 55% 58% 63% 50% Investment 92% 89% 83% 82% L-T Borrowings 40% Other Retail 40% Interbank 30% L
Slide 10: Loan Portfolio Breakdown
Loan Portfolio Breakdown Loan Portfolio & CAGR Breakdown by Industry Million Baht 83,656 80,743 80,000 Manufacturing and Real estate and 74,641 Others commerce construction 63,948 6% 9% 6% Housing Public utilities and 60,000 services 2% 3% P = 20.1% 40,000 CAGR H 74.2% Agricultural and 74.2% mining
Slide 11: Deposits and Short Term Borrowings
Deposits and Short Term Borrowings Deposits and Short-term Borrowings TISCO Interest Rate Movement (Million Baht) % 10 90,000 81,560 76,830 80,000 71,378 8 66,288 11% 5% 70,000 4% 12% 24% 6 60,000 43% 23% 50,000 39% 4 40,000 30,000 65% 2 65% 57% 52% 20,000 0 10,000 l-0 5 05 06 06 06 06 -0 6 06 07 07
Slide 12: Interest Rate Risk
Interest Rate Risk Current Profile 1.60 1.37 1.40 • Duration gap of assets and liabilities 1.23 1.20 increased from 0.58 to 0.80 primarily resulted from growth of hire purchase 1.00 portfolio and a shorter maturity profile 0.80 of liabilities. 0.65 0.57 0.60 • Assets duration increased due to the 0.
Slide 13: Risk-Based Capital Adequacy
Risk-Based Capital Adequacy Jun. 07 Operational Risk Sep 07 Listed Equity Non-listed Equity Operational Risk Reserve Listed Equity Non-listed Equity 16.7% 4.5% Reserve 4.6% 9.9% Derivatives 9.6% 14.6% Derivatives SME Lending SME Lending 0.6% 0% 0.4% 0.4% Fixed-income Fixed-income 0% 0% Banking Book
Slide 14: Hire Purchase Business
Hire Purchase Business Total Hire Purchase : Bt. 62.07 Billion Industry New Car Sales & TISCO Penetration Rate As of September 30, 2007 (Thousand unit) 703 682 2006 Subsidiaries 12.4% 10.8% 13.3% 10.0% 8.1% 8.6% 8.6% 3% 7.7% 6.8% 4.6% Motorcycle 451 5% 6.9% -3.0% Provincial Area -7.6% 57% 194 154 15
Slide 15: Brokerage Business
Brokerage Business Average Daily Turnover TISCO Brokerage Value & Market Share Million Baht 21,917 Million Baht 3.5% 3.3% 3.2% 3.3% 3.0% 3.0% 3.0% 2.9% 16,454 16,281 16,326 15,615 15,113 12,997 Market 11,800 0.3% YTD 1,303 82,099 184,523 1,053 240,503 255,847 982 1,003 1,101 68,273 53,675 870 910 53
Slide 16: Asset Management Business
Asset Management Business Market NAV TISCO Asset Under Management (Billion Baht) (Billion Baht) Total 2,500 103.0 21.6% YTD 2,091 100 95.6 88.9 13% Mutual Fund 2,000 1,869 82.1 84.7 12% 1,686 9% 9% 1,574 80 13% 27% 29% 80.2% YTD 1,500 69% 72% 29% 29% 1,260 67% 25% 60 Private Fund 66% 1,000 61% 40 20
Slide 17: Investor Relations
Investor Relations TISCO Bank Public Company Limited 48/2 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Tel. +66-2-633-6868 Fax. +66-2-633-6818 Email: IR@tisco.co.th Website: www.tisco.co.th 17
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