17
Extending Investment Banking capabilities
Equity capital markets 8.9
-83
Debt capital markets 32.2
36
Syndicated loans 13.3
75
Mergers acquisitions 7.6
7 Equity capital markets
8.9 -83
Debt capital markets 32.2
36
Syndicated loans 13.3
75
Mergers acquisitions 7.6
7 Fee income
2001 S million
Change from 2000
18
Treasury highlight - FX securities activities
S million S million
2000 2001
Change
Net gains on
- Foreign exchange
- Securities and derivatives
- Singapore government securities Net gains on
- Foreign exchange
- Securities and derivatives
- Singapore government securities 119
23
33 119
23
33 230
94
80 230
94
80 93.1
308.7
142.5 93.1
308.7
142.5
19
A Year of Transformation
Implementing the strategy
Resilient operating profit
Building three core businesses
Improving the geographical balance
Strong asset quality and capitalisation
20
Improving the geographical balance
Singapore 80.8
Rest of the World
4.5 Hong Kong
32.5
Total Assets S151.3 billion
Assets 2001
Regional 5 Countries
3.4
Singapore 59.6
Rest of the World
5.6 Hong Kong
9.2
Assets 2000
Total Assets S111.2 billion
Regional 5 Countries
4.4
21
Dao Heng’s top line improving
Net interest income 150
171 14.0
Fees and commissions 51
57 10.8
Non-interest income 75
64 14.6
Total revenue 225
235 4.5
Staff costs 56
57 2.0
Other operating expenses
a
50 74
46.6
Operating expenses 106
131 22.9
Operating profit 118
104 12.2
Provisions 24
2 NM
Net profit after tax 84
114 36.4
Net interest income 150
171 14.0
Fees and commissions 51
57 10.8
Non-interest income 75
64 14.6
Total revenue 225
235 4.5
Staff costs 56
57 2.0
Other operating expenses
a
50 74
46.6
Operating expenses 106
131 22.9
Operating profit 118
104 12.2
Provisions 24
2 NM
Net profit after tax 84
114 36.4
S million S million
DHB 3Q01
DHB 4Q01
Change
a Restructuring cost of S19 million included
22
growing
S million S million
DKOB 2000
DKOB 2001
Change
a Restructuring cost of S4 million included
Net interest income 184
223 21.2
Fees and commissions 19
32 68.5
Non-interest income 43
49 13.9
Total revenue 226
271 19.8
Staff costs 79
96 20.3
Other operating expenses
a
49 73
50.1
Operating expenses 128
169 31.6
Operating profit 98
103 4.4
Provisions 0.2
67 NM
Net profit after tax 84
28 67.4
Net interest income 184
223 21.2
Fees and commissions 19
32 68.5
Non-interest income 43
49 13.9
Total revenue 226
271 19.8
Staff costs 79
96 20.3
Other operating expenses
a
49 73
50.1
Operating expenses 128
169 31.6
Operating profit 98
103 4.4
Provisions 0.2
67 NM
Net profit after tax 84
28 67.4
23
DBS Thai Danu turns S7.1m net profit
S million S million
DTDB 2000
Change DTDB
2001 Net interest income
76 90
18.6
Fees and commissions 13
15 21.8
Other income 16
16 2.5
Non-interest income 29
31 8.0
Total revenue 105
121 15.8
Operating expenses
a
89 86
2.6 Operating profit
