Ifs Capital Ltd. · SGX:I49
Ifs Capital — Shareholder Meeting (April 2014)
9 slides from Ifs Capital's shareholder meeting presentation, Apr 17, 2014
Slide 1: General Announcement: Presentation Slides - 27th Annual General Meeting
General Announcement::Presentation Slides - 27th Annual General Meeting Page 1 of 1 General Announcement::Presentation Slides - 27th Annual General Meeting Issuer & Securities Issuer/ Manager IFS CAPITAL LIMITED Securities IFS CAPITAL LIMITED - SG1A35000706 - I49 Announcement Details Announcement Ti
Slide 2: IFS Capital Limited Financial Review FY2013
IFS Capital Limited Financial Review FY2013 17 April 2014
Slide 3: Group Statement of Profit or Loss
Group Statement of Profit or Loss (restated)* Full Year +/(-) ($’000) Full Year 2013 % 2012 Total Operating Income 38,110 36,232 5.2 Operating Expenses (20,193) (21,001) (3.8) Operating Profit Before Net Claims & Allowances 17,917 15,231 17.6 Net Claims (Incurred)/Reversal (933) 205 NM Allowances &
Slide 4: Net Interest Income / Loans & Borrowings
Net Interest Income / Loans & Borrowings ($’000) Healthy Growth in Net Interest Income derived from Higher Factoring Loans & receivables Borrowings Net interest income 20,765 297,538 ↑6% 19,604 274,913 249,926 254,324 16,911 224,230 215,367 FY 2011 FY 2012 FY 2013 FY 2011 FY 2012 FY 2013 3
Slide 5: Non-Interest Income
Non-Interest Income ($’000) Increase in Fee and Commission and Underwriting income from higher Bonds & Guarantee and Factoring Total 11,794 12,630 ↑14% 14,426 Total 11,794 12,630 ↑14% 14,426 4,022 ↑9% 2,223 3,688 ↑26% 7,048 5,587 4,940 2,491 2,065 ↑11% 42% 44% 49% 2,247 ↑5% 7,506 ↑18% 7,913 6,695 6,
Slide 6: Operating Income Contribution by Country
Operating Income Contribution by Country ($’000) Total 35,971 43,069 ↑2.7% 44,231 1,482 4,991 • Higher BG & Foreign Domestic 3,413 Worker Insurances 18,947 ↑11% 17,080 • Higher Fee & Commission and 15,869 Underwriting • Recovery of debts that previously written off 23,802 ($509k) ↑13% 20,998 • Affec
Slide 7: Selected Balance Sheet Items
Selected Balance Sheet Items (restated)* Full Year +/(-) ($’000) Full Year 2013 % 2012 Loans & Receivables 254,324 297,538 (14.5) Other Investments 42,976 45,191 (4.9) Cash 62,142 53,356 16.5 Other Assets 40,258 36,516 10.2 Interest-Bearing Borrowings 224,230 249,926 (10.3) Other Liabilities 37,836
Slide 8: Group Allowances & Impairment
Group Allowances & impairment (restated)* Full Year +/(-) ($’000) Full Year 2013 2012 Singapore Operations 10,514 2,495 4.2 X Overseas Operations 10,661 560 19 X Total 21,175 3,055 6.9 X Singapore Full provisions of $6.9m was made against the potential losses of two clients, discounting any recoveri
Slide 9: Thank You
© IFS Capital Limited Established since 1987