Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — FY2015 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Jan 13, 2016
Slide 1: TISCO Financial Group Analyst Meeting FY 2015
TISCO Financial Group Public Co., Ltd. Analyst Meeting FY 2015 January 13, 2016
Slide 2: FY 2015 Financial Results
TISCO FY 2015 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 4Q14 3Q15 4Q15 % QoQ % YoY 2014 2015 % YoY Interest Income 4,531 4,176 4,074 (2.4) (10.1) 18,891 16,888 (10.6) Interest Expenses (2,089) (1,559) (1,409) (9.6) (32.6) (9,351) (6,758) (27.7) Net Interest Income 2,442 2,617 2,665 1.8 9.1 9,540 10,130 6
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 1.2% QoQ 1.8% QoQ 11.8% YoY 13.6% YoY Unit : Million Baht 2014 3Q15 2015 % QoQ % YoY Unit : Million Baht 2014 3Q15 2015 % QoQ % YoY Deposits & Loans - Net 262,784 237,260 238,260 0.4 (9.3) 264,147 231,900 226,001 (2.5) (
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 0.4% QoQ 9.3% YoY Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht Unit: Million Baht 0.3% QoQ 0.8% QoQ 1.8% QoQ 6.4% YoY 14.3% YoY 19.5% YoY 5
Slide 6: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 6
Slide 7: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales Units 160,000 2012 2013 120,000 2014 80,000 2015 40,000 - 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 (%) 11.0% 1,436 1331 9.6% 10.0% 8.4% 8.5% 8.8% 8.
Slide 8: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 6.6 6.6 6.5 6.5 6.5 6.5 6.5 6.5 6.4 6.4 6.5 6.6 % Yield on loans 4.3 % Loan spread 3.9 4.1 3.6 3.5 3.5 3.4 3.5 3.5 3.7 3.3 3.2 3.2 % Cost of funds 3.1 3.0 3.3 3.1 3.0 3.0 2.9 2.8 2.6 2.5 2.3 2012 2013 2014 2015 1Q14 2Q14 3Q14 4Q14
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 3.2% 3.3% 3.2% 2.6% 2.7% 2.9% 1.7% 1.3% 7,701 7,841 7,701 6,750 7,137 6,742 4,964 3,095 2012 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 2014 3Q15 2015 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate 258 0.5 1,156 2.8
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 5,277 3.6% 4,426 4,141 2.1% 2.0% 1.6% 1.6% 1.5% 1.5% 0.9% 1,922 2,166 1,244 972 896 2012 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 Minimum Required Provision vs Actual Provision Unit: Million Baht
Slide 11: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 2.5% QoQ 14.4% YoY Unit : Million Baht 2014 3Q15 2015 % QoQ % YoY Current 2,917 3,204 2,903 (9.4) (0.5) Savings 49,606 49,052 48,272 (1.6) (2.7) Fixed Deposits 152,860 109,849 106,950 (2.6) (30.0) Short-Term Bill of Exchanges 7,706 7,297
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 5.7% YoY 4.7% QoQ 7.9% YoY Unit : Million Baht 4Q14 3Q15 4Q15 % QoQ % YoY 2014 2015 % YoY Banking Fee* 844 947 1,044 10.3 23.6 3,569 3,744 4.9 Asset Management Fee 243 269 256 (4.7) 5.4 934
Slide 13: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht Rank #9 2.8% QoQ 5.2% YoY Provident Fund Mutual Fund Private Fund Unit: Million Baht Rank #3 2.9% QoQ Unit: Million Baht Rank #14 4.6% QoQ Unit: Million Baht Rank #7 0.5% QoQ 7.4% YoY 12.9% YoY 10.9% YoY *Rankings & Market Sha
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 625,096 538,028 513,346 3.2% 3.1% 3.1% 2.9% 2.8% 2.7% 2.8% 2.7% 408,339 150,600 123,143 122,608 116,995 2012 2013 2014 2015 1Q15 2Q15 3Q15 4Q15 TISCO Trading Volume by Customer Retail Investors Fore
Slide 15: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Unit : Million Baht 4Q14 3Q15 4Q15 % QoQ % YoY 2014 2015 % YoY Employees' Expenses 967 417 1,084 159.9 12.1 3,550 3,380 (4.8) Premises & Equipment Expenses 249 230 231 0.1 (7.3) 919 929 1.1 Taxes & Duties 56 52 53 1.7 (5.5) 224 213 (
Slide 16: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 17.9% 17.5% 18.2% 17.9% 16.8% 17.1% 13.9% 14.1% 13.9% 13.3% 13.4% 12.6% 12.7% 13.1% 9.0% 9.2% 31,747 30,693 30,883 30,240 30,883 30,447 Capital Base (MB) 25,746 BIS Ratio (%) 22,006 Tier I (%) 2012 2013 2014 2015* 1Q15 2Q15 3Q15 4Q15* Remark: * P
Slide 17: Employees and Branch Network
Employees and Branch Network Total Branch Network Total TISCO Employees 17
Slide 18: 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
Slide 19: Investor Relations
Investor Relations TISCO Financial Group Public Company Limited 48/49 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 19
Slide 20: WEALTH OF POSSIBILITIES
WEALTH OF POSSIBILITIES
TISCO Financial Group Public — FY2015 Earnings Presentation on 6ix