Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — Q2 2013 Earnings Presentation
19 slides from Tisco Financial Group Public's earnings presentation, Jul 15, 2013
Slide 1: TISCO Financial Group Analyst Presentation 2Q/2013
TISCO Financial Group Public Co., Ltd. Analyst Presentation 2Q/2013 July 15, 2013 1
Slide 2: Consolidated Income Statements
Consolidated Income Statements Unit: Million Baht 2Q12 1Q13 2Q13 %QoQ %YoY 1H12 1H13 %YoY Interest income 3,617 4,467 4,766 6.7 31.8 7,030 9,233 31.3 Interest expense (1,888) (2,364) (2,537) 7.3 34.4 (3,736) (4,901) 31.2 Net interest income 1,729 2,103 2,229 6.0 28.9 3,294 4,332 31.5 Fee and service
Slide 3: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht 1.6%QoQ Unit: Million Baht 1.3%QoQ 11.5%YTD 11.5%YTD 319,015 323,969 299,484 303,525 Other Li a bi l i ti es 290,497 272,117 Other as s ets Debentures Interbank & MM Interba nk & MM 84% 87% 88% 88% 87% 85% Inves tments Depos i ts & ST Loan
Slide 4: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 5.2%QoQ 13.0%YTD 280,558 266,785 248,316 11% 11% Other Loans 10% 17% 16% 17% SME Loans 71% 70% Corpora te Loa ns 71% Reta i l Loa ns 2012 1Q13 2Q13 Retail Loans SME Loans Corporate Loans Unit: Million Baht 4.2%QoQ Unit: Million Baht 9.6%QoQ Unit
Slide 5: Retail Loan Portfolio
Retail Loan Portfolio Retail Loan Breakdown 5
Slide 6: Industry Car Sales and Penetration Rate
Industry Car Sales and Penetration Rate Industry New Car Sales TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1,436 11.2% 11.0% 9.0% 8.6% 9.1% 9.1% 8.4% 8.1% 7.8% 800 794 394 436 413 327 279 222 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 Apr- May13 6
Slide 7: Loan Spread and Net Interest Margin
Loan Spread and Net Interest Margin Yield on Loans and Cost of Funds Remark: Cost of funds include contributions to FIDF and DPA Loan Spread and Net Interest Margin 7
Slide 8: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht 2012 1Q13 2Q13 NPL by Loan Type (Million Baht) (%) (Million Baht) (%) (Million Baht) (%) Corporate 389 0.9 420 1.0 426 0.9 SME 52 0.2 48 0.2 90 0.3 Hire Purchase 2,398 1.5 2,663 1.5 3,254 1.8 Mortgage 106 7.3 102 7.0 92 6.4 Others 154 0.9 170 1.1 20
Slide 9: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provision expense (Million Baht) % Credit cost 1.5% 1.5% 1.2% 1.2% 0.8% 0.9% 0.5% 1.0% 0.9% 1,947 1,922 1,283 940 810 591 532 539 260 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 Minimum Required Provision vs Actual Provision Unit: Mill
Slide 10: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 0.8% QoQ 264,578 10.5% YTD 262,587 5% 239,458 5% 5% LT Bill of Exchanges 6% ST Debentures 84% 80% ST Bill of Exchanges 79% Fixed Deposits CASA 13% 11% 10% 2012 1Q13 2Q13 Unit: Million Baht 2012 1Q13 2Q13 %QoQ %YTD Current 2,762 2,123 3,4
Slide 11: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 44.5% YoY 19.0% QoQ 21.8% YoY Unit: Million Baht 2Q12 1Q13 2Q13 %QoQ %YoY 1H12 1H13 %YoY Banking fee* 733 1,029** 802 (22.1) 9.5 1,334 1,831 37.2 Asset Management fee 159 224 206 (8.0) 29.6
Slide 12: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht 1.8% QoQ 0.9% YTD Rank #8 Provident Fund Private Fund Mutual Fund Unit: Million Baht 1.6% QoQ Unit: Million Baht 3.7% QoQ Unit: Million Baht 12.0% QoQ 2.6% YTD 0.1% YTD 5.1% YTD Rank #3 Rank #4 Rank #14 13.7% 13.2% 13.3% 10.3%
Slide 13: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share Remark: * Market share excluded Big Lot in 4Q12 TISCO Trading Volume by Customer 13
Slide 14: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Cos t to tota l a s s ets Cos t to tota l a s s ets - net * Cos t-to-i ncome Cos t-to-income net * 47.8% 44.4% 42.7% 42.2% 43.2% 39.9% 41.1% 37.6% 37.5% 37.7% 2.5% 2.5% 2.3% 2.0% 2.1% 2.0% 2.0% 1.8% 1.8% 1.7% 1H12 1H13 2Q12 1Q13 2Q13
Slide 15: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 15.2% 14.9% 14.6% 14.3% 13.3% 13.6% 13.3% 12.9% 13.5% 11.3% 9.9% 9.6% 9.4% 9.0% 9.0% 9.0% 9.1% 8.3% 24,700 22,006 22,006 22,819 Capital Base (MB) 19,937 20,897 18,493 18,984 16,227 BIS Ratio (%) Tier I (%) 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13
Slide 16: Employee and Branch Network
Employee and Branch Network 16
Slide 17: 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 18: 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 18
Slide 19: Wealth of Possibilities
‘ TiS( Wealth of Possibilities
TISCO Financial Group Public — Q2 2013 Earnings Presentation on 6ix