Investor Presentation - Public Bank | PBeBank.com

Hire Purchase41RM’mil1H 2011 1H 2010 ChangeNet Income 452.9 456.8 -0.9%Operating Expenses (80.0) (72.7) 10.0%Allowances for impairmentof loans and other assets(64.8) (53.1) 22.0%Profit by segment 308.1 331.0 -6.9%Gross Loans and Advances(RM’ bil)Gross Impaired Loans(RM’ bil)Jun 2011 Dec 2010 Change35.5 33.6 5.6%0.2 0.2 12.9%Gross Impaired Loans Ratio 0.5% 0.5% -• The drop in net income from hirepurchase was mainly due to escalatedfunding costs as a result of the variousOPR hikes since March 2010• Asset quality remained stable asreflected by the stable impaired loanratio at 0.5%• However, credit charge to P&Lincreased mainly due to highercollective allowance (1.5%) set asidein line with the higher loan growthduring the periodInvestor Presentation