Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — FY2016 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Jan 13, 2017
Slide 1: Analyst Meeting FY2016
TISCO Financial Group Public Co., Ltd. Analyst Meeting FY2016 January 13, 2017
Slide 2: FY2016 Financial Results
TISCO FY2016 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit : Million Baht 4Q15 3Q16 4Q16 % QoQ % YoY 2015 2016 % YoY Interest Income 4,074 3,975 3,978 0.1 (2.4) 16,888 16,012 (5.2) Interest Expenses (1,409) (1,218) (1,199) (1.6) (14.9) (6,758) (5,091) (24.7) Net Interest Income 2,665 2,758 2,780 0.8 4.3 10,130 10,920 7.8
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 2.0% QoQ 1.7% QoQ 3.2% YoY 4.8% YoY Unit : Million Baht 2015 3Q16 2016 % QoQ % YoY Unit : Million Baht 2015 3Q16 2016 % QoQ % YoY Deposits & Loans - Net 238,260 226,437 224,934 (0.7) (5.6) 226,220 210,258 218,073 3.7 (3.
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 0.7% QoQ 5.6% YoY Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht Unit: Million Baht 1.4% QoQ 9.0% QoQ 5.2% QoQ 7.5% YoY 17.3% YoY 7.3% 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 2013 2014 120,000 2015 80,000 2016 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 (%) 1331 8.9% 9.2% 8.5% 8.1% 8.1% 882 7.5% 7.5% 8
Slide 8: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds 6.5 6.5 6.6 6.6 6.6 6.7 6.7 % Yield on loans 4.5 4.4 4.5 4.6 4.3 3.9 % Loan spread 3.2 3.3 % Cost of funds 2.6 2.2 2.3 2.2 2.1 2.1 2014 2015 2016 1Q16 2Q16 3Q16 4Q16 Remark: Cost of funds include contributions to FIDF and DPA Loan
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht Total NPL % NPL 3.2% 3.1% 3.0% 3.0% 2.6% 2.5% 2.5% 7,701 6,750 7,158 7,000 6,886 5,710 5,710 2014 2015 2016 1Q16 2Q16 3Q16 4Q16 2015 3Q16 2016 NPL by Loan Type Million Baht % Million Baht % Million Baht % Corporate 1,189 2.7 1,268 2.9 412 0.9 SME 40
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 5,277 4,426 3,972 2.1% 1.9% 1.6% 1.7% 1.7% 1.6% 1.7% 981 926 1,101 974 2014 2015 2016 1Q16 2Q16 3Q16 4Q16 Minimum Required Provision vs Actual Provision Unit: Million Baht Minimum Required
Slide 11: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 3.7% QoQ 3.6% YoY Unit : Million Baht 2015 3Q16 2016 % QoQ % YTD Current 3,122 2,946 3,691 25.3 18.2 Savings 48,272 53,130 51,928 (2.3) 7.6 Fixed Deposits 106,950 97,414 99,449 2.1 (7.0) Short-Term Bill of Exchanges 6,937 5,837 5,967 2.2
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 3.6% QoQ 0.6% YoY 1.1% YoY Unit : Million Baht 4Q15 3Q16 4Q16 % QoQ % YoY 2015 2016 % YoY Banking Fee* 1,044 931 974 4.7 (6.7) 3,744 3,779 0.9 Asset Management Basic Fee 256 273 276 1.2 7.8
Slide 13: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht Rank #10 2.0% QoQ 8.2% YoY Provident Fund Mutual Fund Private Fund Unit: Million Baht Rank #3 1.3% QoQ Unit: Million Baht Rank #15 0.1% QoQ Unit: Million Baht Rank #8 8.4% QoQ 10.4% YoY 5.8% YoY 1.2% YoY *Remark: Market Share
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 538,028 513,346 525,158 2.9% 2.8% 2.7% 2.5% 2.4% 2.4% 2.1% 158,055 118,508 124,416 124,178 2014 2015 2016 1Q16 2Q16 3Q16 4Q16 TISCO Trading Volume by Customer Retail Investors Foreign Institution Lo
Slide 15: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Unit : Million Baht 4Q15 3Q16 4Q16 % QoQ % YoY 2015 2016 % YoY Employees' Expenses 1,084 1,076 1,096 1.9 1.2 3,380 4,299 27.2 Premises & Equipment Expenses 231 236 276 16.7 19.6 929 970 4.4 Taxes & Duties 53 52 54 5.1 3.3 213 209 (1.
Slide 16: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 19.8% 19.9% 19.8% 18.0% 18.0% 18.7% 16.8% 14.9% 14.6% 15.2% 14.9% 14.0% 14.0% 12.6% 34,515 33,914 34,515 31,073 32,261 Capital Base (MB) 30,240 30,901 BIS Ratio (%) Tier I (%) 2014 2015 2016* 1Q16 2Q16 3Q16 4Q16* *Remark: Projected Figures Risk-B
Slide 17: Employees and Branch Network
Employees and Branch Network Total Branch Network Total TISCO Employees *Remark: Loan Office included Mobile Branches 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: SAILIMGISSOd JO HLIWAM
SAILIMGISSOd JO HLIWAM
TISCO Financial Group Public — FY2016 Earnings Presentation on 6ix