Banca Ifis S.p.a. · MIL:IF
Banca Ifis — FY2011 Earnings Presentation
13 slides from Banca Ifis's earnings presentation, 2012
Slide 1: Banca IFIS Group: 2011 results
Banca IFIS Group: 2011 results 1
Slide 2: Banca IFIS Group
Banca IFIS Group Brands and Divisions of the Group: Banca IFIS : support to trade receivables of SMEs in the domestic market Banca IFIS International: support to companies expanding abroad or foreing companies with Italian customers Banca IFIS Pharma: big enterprises trade receivables supplying LHA
Slide 3: Highlights
Highlights 6.000 Core business Group KPI 2011 2010 5.000 Turnover 4643 ROE 12,6% 10,9% 4.000 Credit quality cost 1,9% 1,9% 3.000 2.000 Cost/income ratio 39,1% 42,5% 1.000 Solvency 10,8% 11,3% - dic-07 dic-08 dic-09 dic-10 dic-11 Core Tier 1 11,2% 11,5% 2,5% Net Banking Income / 2,4% Turnover 2,0% 1,
Slide 4: Net Banking Income: 121,5 million euro
Net Banking Income 130,0 Net Banking Income 121,5 million euro (94,4 mln in 2010) 110,0 90,0 +28,6% = change 2011 vs 2010 70,0 50,0 dic-07 dic-08 dic-09 dic-10 dic-11 40 Net banking income by 35 quarter 30 25 Contribution from NPL and Tax Receivables 20 July – December 2011 : 15 11,3 million euro 10
Slide 5: Net Result of Financial Operations: 89,3 million euro
Net Result of Financial Operations 100 Net result of Fin. Op. 89,3 million euro (70,0 mln in 2010) 90 80 70 +27,6% = change 2011 vs 2010 60 50 40 dic-07 dic-08 dic-09 dic-10 dic-11 Net Result of Fin. Op. 28 by quarter 26 Contribution from NPL and tax 24 22 receivables 20 18 July-December 2011 16 14
Slide 6: Net Profit: 26,5 million euro
Net Profit 29,0 Net Profit 26,5 million euro (18,6 mln in 2010) 27,0 25,0 +42,5% = change 2011 vs 2010 23,0 21,0 19,0 140 121,4 17,0 120 15,0 dic-07 dic-08 dic-09 dic-10 dic-11 100 9 Net Profit generation by 80 quarter 32,1 7 60 5 40 47,5 20 15,3 3 26,5 0 1 Net Banking net SGA taxes Net Profit incom
Slide 7: Balance sheet – Asset structure
Balance sheet – Asset structure Loans to customers Loans to customers Of which 161,5 million 1.722,5 million euro TF Group 1.800 1.600 1.400 +9,6% change 2011 vs 2010 1.200 1.000 Assets available for sale 800 600 LHA 1.685,2 million euro 400 200 Privates 27,8% 72,2% +105,9% change 2011 vs 2010 Portf
Slide 8: Due to Customers LFL
Due to Customers LFL Due to customers Incidence deteriorated assets 1.646,8 million euro on net total +4,8% change 2011 vs 2010 receivables= 11,6% vs 14,1% Deteriorated assets LfL -13,6% 250 200 Incidence NPL/ 150 +3% -58% net total 100 +72% receivables= 50 -46% 0 4,0% vs 2,4% Sofferenze Incagli Ris
Slide 9: Securities Portfolio 1.781,7 million euro (31.12.2011)
Securities Portfolio 1.781,7 million euro (31.12.2011) from over 6 from over 3 to from over 1 from over 5 to Issuer up to 3 months months to 1 Total 6 months year year to 5 years 10 years + 570 million Government bonds 316,1 381,7 497,4 272,9 58,6 1.526,7 securities % on total 17,7% 21,4% 27,9% 15,3
Slide 10: Balance sheet – Funding structure
Balance sheet – Funding structure rendimax – on line deposit account Total Founding 1.555,9 million euro 45% +22,8% change 2011 vs 2010 55% Wholesale funding Due to banks Due to customers 2.001,7 million euro due to banks Total funding breakdown 4% +166% change 2011 vs 2010 44% 51% Wholesale funding
Slide 11: 2011 in breve
2011 in breve Profits highly increasing www.bancaifis.it Strong liquidity Excellent results in the Bank core business della Net Banking Income/ Turnover = 2,4% The new companies acquired are being integrated (business combination 30 giugno 2011) Great operational flexibility in a context of high unp
Slide 12: 2012 Outlook
2012 Outlook www.bancaifis.it Growth of the loans in the core business Higher penetration in the pharmaceutical-industrial segment Strengthening of the equity thanks to the profits generated by the bonds portfolio, which are not distributed Strengthening of the Bank’s liquidity thanks to the launch
Slide 13: Interactive Financial Statements
Interactive Financial Statements www.bancaifis.it 13