Tisco Financial Group Public Co. Ltd. · SET:TISCO
Tisco Financial Group Public — FY2013 Earnings Presentation
20 slides from Tisco Financial Group Public's earnings presentation, Jan 15, 2014
Slide 1: TISCO Financial Group Analyst Presentation FY2013
TISCO Financial Group Public Co., Ltd. Analyst Presentation FY2013 January 15, 2014
Slide 2: FY2013 Financial Results
TISCO FY2013 Financial Results
Slide 3: Consolidated Income Statements
Consolidated Income Statements Unit: Million Baht 4Q12 3Q13 4Q13 %QoQ %YoY 2012 2013 %YoY Interest income 4,241 4,944 5,095 3.1 20.2 15,211 19,272 26.7 Interest expense (2,313) (2,627) (2,776) 5.7 20.0 (8,166) (10,304) 26.2 Net interest income 1,928 2,317 2,319 0.1 20.3 7,044 8,968 27.3 Fee and serv
Slide 4: Assets and Liabilities
Assets and Liabilities Assets Liabilities Unit: Million Baht Unit: Million Baht 6.2% QoQ 6.1% QoQ 23.7% YoY 23.5% YoY 359,263 336,044 338,391 316,758 290,497 272,117 Other a s s ets Other Li a bi l i ti es Interba nk & MM Debentures 84% 81% 89% 85% Inves tments 89% 88% Interbank & MM Loa ns Depos i
Slide 5: Loan Portfolio
Loan Portfolio Total Loan Portfolio Unit: Million Baht 2.6% QoQ 17.7% YoY 284,855 292,151 248,316 11% 11% Other Loa ns 10% 17% 18% 17% SME Loa ns 71% 70% Corporate Loans 71% Reta i l Loa ns 2012 3Q13 2013 Retail Loans SME Loans Corporate Loans Unit: Million Baht Unit: Million Baht 3.2% QoQ Unit: Mil
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 TISCO Auto HP Penetration Rate No. of New Car Sales ('000 Units) Penetration Rate (%) 1,436 11.2% 11.0% 8.4% 8.9% 8.6% 9.1% 8.6% 8.7% 800 794 8.1% 7.8% 8.5% 394 436 413 328 279 327 293 182 2010 2011 2012 1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q1
Slide 8: 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 8
Slide 9: Asset Quality
Asset Quality NPL and NPL Ratio Unit: Million Baht 2012 3Q13 2013 NPL by Loan Type (Million Baht) (%) (Million Baht) (%) (Million Baht) (%) Corporate 389 0.9 222 0.5 298 0.6 SME 52 0.2 113 0.4 152 0.5 Hire Purchase 2,398 1.5 3,582 1.9 4,156 2.2 Mortgage 106 7.3 80 5.5 69 4.8 Others 154 0.9 200 1.1 2
Slide 10: Provisions
Provisions Provision Expense and Credit Cost Unit: Million Baht Provi s i on expens e (Mi l l i on Ba ht) % Credi t cos t 4,141 2.2% 1.5% 1.5% 1.2% 1.1% 0.8% 0.9% 1,922 1,613 1,283 940 778 810 2011 2012 2013 1Q13 2Q13 3Q13 4Q13 Minimum Required Provision vs Actual Provision Unit: Million Baht Minimu
Slide 11: Deposits
Deposits Total Deposits & Bill of Exchanges Unit: Million Baht 6.3% QoQ 299,481 281,707 25.1% YoY 10% 239,458 4% 2% LT Bill of Exchanges 6% ST Debentures 74% 79% ST Bill of Exchanges 79% Fixed Deposits CASA 13% 12% 14% 2012 3Q13 2013 Unit: Million Baht 2012 3Q13 2013 %QoQ %YoY Current 2,762 2,989 2,
Slide 12: Non-Interest Income
Non-Interest Income Non-Interest Income from Core Businesses Non-Interest Income Breakdown Unit: Million Baht 26.1% YoY 1.6% QoQ 5,601 1.6% YoY 4,443 1,343 1,343 1,321 2012 2013 4Q12 3Q13 4Q13 Unit: Million Baht 4Q12 3Q13 4Q13 %QoQ %YoY 2012 2013 %YoY Banking fee* 800 900 888 (1.3) 10.9 2,828 3,619
Slide 13: Asset Management Business
Asset Management Business TISCO Asset under Management Unit: Million Baht 0.9% QoQ 3.6% YoY 152,724 156,912 158,262 Rank #9 22% 21% 20% 15% Private Fund 16% 15% Mutual Fund 62% 64% 65% Provident Fund 2012 3Q13 2013 Provident Fund Private Fund Mutual Fund Unit: Million Baht 3.0% QoQ Unit: Million Bah
Slide 14: Brokerage Business
Brokerage Business TISCO Trading Volume and Market Share TISCO Volume (Million Baht) Market share (%) 625,096 3.2% 3.1% 3.1% 3.1% 3.1% 2.7% 2.6% 2.7% 408,339 333,211 321,303 205,877 182,798 139,846 96,575 2010 2011 2012 2013 1Q13 2Q13 3Q13 4Q13 TISCO Trading Volume by Customer Loca l Ins ti tuti on
Slide 15: Operating Expenses
Operating Expenses Cost to Income Ratio Cost to Total Assets Ratio Cos t-to-income Cos t-to-i ncome net * Cos t to tota l a s s ets Cos t to tota l a s s ets - net * 48.9% 49.6% 42.7% 43.6% 41.2% 39.5% 38.6% 35.8% 32.1% 2.5% 29.7% 2.2% 2.0% 1.8% 1.7% 1.7% 1.7% 1.5% 1.4% 1.2% 2012 2013 4Q12 3Q13 4Q13
Slide 16: Capital Adequacy
Capital Adequacy Capital Adequacy Ratio of TISCO Bank 14.9% 13.3% 13.3% 13.3% 13.8% 13.3% 12.9% 9.9% 9.5% 9.0% 9.1% 9.0% 9.1% 8.3% 25,719 24,712 25,612 25,719 Capital Base (MB) 22,006 22,819 18,493 BIS Ratio (%) Tier I (%) 2011 2012 2013* 1Q13 2Q13 3Q13 4Q13* * Remark : Projected figure Risk-Based C
Slide 17: Employee and Branch Network
Employee and Branch Network Total Branch Network No. of Employee 130 130 4,156 4,039 4,105 4,156 117 3,679 3,824 102 3,335 87 91 57 2011 2012 2013 1Q13 2Q13 3Q13 4Q13 2011 2012 2013 1Q13 2Q13 3Q13 4Q13 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 — FY2013 Earnings Presentation on 6ix