Tisco Financial Group Public Co. Ltd. · SET:TISCO

Tisco Financial Group Public — Q1 2012 Earnings Presentation

20 slides from Tisco Financial Group Public's earnings presentation, Apr 19, 2012

  1. Slide 1: Analyst Presentation 1Q/2012

    TISCO Financial Group Public Co., Ltd. Analyst Presentation 1Q/2012 19 April 2012

  2. Slide 2: Consolidated Income Statements

    Consolidated Income Statements Unit: Million Baht 1Q11 4Q11 1Q12 %QoQ %YoY Interest income 2,712 3,334 3,413 2.4 25.9 Interest expense (881) (1,876) (1,848) (1.5) 109.8 Net interest income 1,831 1,459 1,566 7.3 (14.5) Fee and service income 793 725 971 34.0 22.4 Fee and service expenses (55) (50) (6

  3. Slide 3: Assets and Liabilities

    Assets and Liabilities Assets Liabilities Unit: Million Baht 5.6%QoQ Unit: Million Baht 5.6%QoQ 19.1%YoY 19.8%YoY 232,971 Other assets 204,406 215,785 Other Liabilities 220,718 195,674 180,143 Debentures Interbank & MM LT Borrowings 84% Investments 80% 84% 83% Interbank & MM 85% 83% Loans Deposits &

  4. Slide 4: Loan Portfolio

    Loan Portfolio Total Loan Portfolio Unit: Million Baht 5.2%QoQ 17.3%YoY 194,561 185,014 Other Loans 165,897 16% 17% 15% SME Loans 74% 74% Corporate Loans 74% Retail Loans 1Q11 4Q11 1Q12 Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht 9.1%QoQ Unit: Million Baht 9.7%QoQ 4.

  5. Slide 5: Retail Loan Portfolio Breakdown

    Retail Loan Portfolio Breakdown 1Q11 4Q11 1Q12 HP New Car, HP New Car, Consumer HP New Car, Consumer 76.6% 73.0% Consumer 71.9% Finance, 8.9% Finance, 9.3% Finance, 7.0% Others, 1.1% Others, 1.0% Others, 0.9% HP Used Car, HP Used Car, HP Used Car, 15.3% 17.1% 17.9% 5

  6. Slide 6: Industry Car Sales and Penetration Rate

    Industry Car Sales and Penetration Rate Industry New Car Sales Units 2010 2011 2012 100,000 80,000 60,000 40,000 20,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 800.4 794.1 12.0% 12.3% 11.2% 11.4% 11.5% 11.0

  7. Slide 7: Loan Spread

    Loan Spread Loan Spread, Yield on Loans and Cost of Funds 7.7 7.2 7.3 7.1 7.0 6.9 6.9 6.9 6.7 6.8 6.7 6.6 6.7 6.6 6.5 % Yield on loans 5.1 5.1 4.8 4.8 4.8 4.8 4.8 4.4 4.3 % Loan spread 4.1 3.7 3.9 3.7 3.7 3.6 3.5 3.1 3.1 2.9 3.4 2.7 2.6 % Cost of funds 2.5 2.1 2.2 1.9 1.9 2.0 2.3 1.9 2006 2007 2008

  8. Slide 8: Asset Quality

    Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 2.5% 1.8% 1.6% 1.4% 1.6% 1.4% 1.4% 1.2% 2,807 2,654 2,835 2,820 2,612 2,579 2,612 2,274 2009 2010 2011 1Q11 2Q11 3Q11 4Q11 1Q12 1Q11 4Q11 1Q12 NPL by Loan Type (Million Baht) (%) (Million Baht) (%) (Million Baht) (%) Corporate 539 2.

  9. Slide 9: Provisions

    Provisions Provision Expense and Credit Cost Provision expense (Million Baht) % Credit cost 1.4% 1.5% 1,947 0.9% 0.8% 0.8% 0.7% 0.7% 0.6% 1,554 1,291 352 328 302 302 269 2009 2010 2011 1Q11 2Q11 3Q11 4Q11 1Q12 Minimum Required Provision vs Actual Provision Unit: Million Baht Minimum Required Provisi

  10. Slide 10: Deposits

    Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 4.1% QoQ 16.4% YoY 183,639 176,376 157,831 LT Bill of Exchanges ST Debentures 75% 71% 67% ST Bill of Exchanges Fixed Deposits 10% 10% 10% 18% 12% 13% CASA 1Q11 4Q11 1Q12 Unit: Million Baht 1Q11 4Q11 1Q12 %QoQ %YoY Current 5,438 3,423 3,4

  11. Slide 11: Non-Interest Income

    Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 34.4% QoQ 21.0% YoY IB, 1.0% 1,074 Brokerage, Bancassurance, 13.9% 887 40.7% 799 Banking, 70.6% HP Related, AM, 14.6% 26.1% Other Banking, 3.9% 1Q11 4Q11 1Q12 Unit: Million Baht 1Q11 4Q11 1Q

  12. Slide 12: Asset Management Business

    Asset Management Business TISCO Asset under Management Unit: Million Baht 6.3% QoQ 2.6% YoY Rank #7 140,859 144,461 135,950 Private Fund 32% 27% 28% 10% 12% 12% Mutual Fund 56% 63% 60% Provident Fund 1Q11 4Q11 1Q12 Provident Fund Private Fund Mutual Fund Unit: Million Baht Unit: Million Baht Unit: M

  13. Slide 13: Brokerage Business

    Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 333,211 321,303 219,379 2.7% 2.6% 2.9% 2.8% 2.6% 2.9% 2.5% 2.4% 94,069 82,899 73,554 85,868 67,813 2009 2010 2011 1Q11 2Q11 3Q11 4Q11 1Q12 Remark: Market share excluded brokers’ proprietary trading

  14. Slide 14: Operating Expenses

    Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Cost-to-income Cost-to-income net * Cost to total assets Cost to total assets - net * 44.5% 51.6% 47.6% 42.7% 42.6% 39.8% 2.5% 2.5% 2.3% 2.0% 2.1% 1.8% 1Q11 4Q11 1Q12 1Q11 4Q11 1Q12 Unit: Million Baht 1Q11 4Q11 1Q12 %QoQ %YoY Employe

  15. Slide 15: Capital Adequacy

    Capital Adequacy Capital Adequacy Ratio of TISCO Bank 17.0% 15.2% 14.9% 14.9% 14.9% 14.6% 13.8% 14.0% 14.5% 10.8% 9.9% 9.9% 9.8% 9.9% 9.6% 11.3% 18,493 17,751 18,553 18,493 18,173 Capital Base (Million Baht) 17,795 16,227 13,758 BIS Ratio (%) Tier I (%) 2009* 2010 2011 1Q11 2Q11 3Q11 4Q11 1Q12** Rem

  16. Slide 16: Interest Rate Risk

    Interest Rate Risk Duration of Assets and Liabilities Unit: Years Assets Liabilities Duration Gap 1.62 1.57 1.54 1.56 1.53 1.53 1.50 1.48 1.00 0.88 0.90 0.92 0.88 0.89 0.86 0.84 0.71 0.62 0.65 0.67 0.64 0.64 0.65 0.59 2009 2010 2011 1Q11 2Q11 3Q11 4Q11 1Q12 16

  17. Slide 17: Employee and Branch Network

    Employee and Branch Network 2009 2010 2011 1Q12 No. of Employee 2,904 3,055 3,335 3,395 TISCO Bank’s Branch 43 45 47 47 - Bangkok 21 22 24 24 - Upcountry 22 23 23 23 TISCO Leasing’s Branch - 4 10 12 - Bangkok - - - - - Upcountry - 4 10 12 Total Branches 43 49 57 59 17

  18. Slide 18: Investor Relations

    Investor Relations TISCO Financial Group Public Company Limited 48/2 TISCO Tower, North Sathorn Road Silom, Bangrak, Bangkok 10500 Thailand Tel: +66-2-633-6868 Fax: +66-2-633-6855 Email: ir@tisco.co.th Website: www.tisco.co.th 18

  19. Slide 19: Disclaimer

    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 statements as a result of various factors. TISC

  20. Slide 20: Nain AANKMUUAIINAIAILN IIA

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