Monthly Fact Sheet
March 2015
Financial Highlights
Monthly Report In-line
FFHC posted a fair result of NTD 1,508.24 mn (+17.9% MoM) in March. The
consolidated net income was NTD 1,507.79 mn. Major units all showed resilient
performances.
Year-to-date net income totaled at NTD 4,108.98 mn (+12.3% YoY) with a NTD 0.44
post-tax EPS.
Bank – Bolstered by Strong Cores; Securities – Rebound From the Losses

to the solid top-lines. NII recurred to NTD 2,290.76 mn (+6.5% MoM), while fee
income jumped along with momentum to reach NTD 601.17 mn (+32.9% MoM).
Treasury gains remained stable, hanging on NTD 276.87 mn (+8.3% MoM). A NTD
300 mn bad-debt reserves was offset by NTD 334 mn write-backs. YTD net income
cumulated to NTD 4,100.17 mn (+15.7% YoY). Coverage ratio improved to
710.06%, while NPL ratio maintained at 0.19%. LLR ratio (excluding gov. loan)
unchanged at 1.39%.
Contact
Annie Lee
Deputy Head,
Strategy Planning
+886 2 2348 4974
[email protected]
K.C. Lee
Ass’t. Business
Manager
+886 2 2348 4956
[email protected]
Keith Ke
Ass’t. Project
Manager
+886 2 2348 4975
[email protected]
First Bank – FB reported a NTD 1,441.63 mn (+12.9% MoM) monthly net, thanks

First Securities – Monthly results substantially increased to NTD 64.51 mn
(+867.2% MoM), underpinned by surging brokerage revenues and underwriting
profits from IPOs and SPOs. YTD net turned positive to NTD 36.11 mn (-70.7%
YoY).

First Securities ITC – Additional fee revenues from expanded bond size helped
boost profits to NTD 14.23 mn (+69.2% MoM). YTD net income cumulated to NTD
34.97 mn (+23.6% YoY).

First Aviva – Reduced realized gains out of investments dragged the net income
to negative NTD 0.93 mn (-5.52 mn MoM) in March. FFHC recognized 51% losses
of NTD 0.47 mn. YTD net income dipped to NTD 0.46 mn.

First AMC – Monthly results maintained at NTD 23.02 mn (-2.7% MoM). YTD net
income cumulated to NTD 69.22 mn (+13.3% YoY).
*Trading gains =Net investment gain under equity method + Net gain on financial products
Disclaimer
This communication is issued for user’s information only. As we endeavor to ensure that the data contained is correct and complete, it is
not guaranteed as a complete statement of the financial results or markets referred to. The information, statements and opinions in the
issue do not constitute a recommendation, offer or solicitation to buy or sell any securities or financial instruments. First FHC shall not be
liable for any claims or losses arising indirectly or directly from use of this communication.
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FFHC Unaudited Summary Income & Expense Statement
March 31, 2015
In NT$ million
Group consolidated
Mar
Net interest income
Net fee & commission
2,369.08
728.52
YTD
6,993.26
1,874.51
First Financial
Mar
(17.03)
0.00
YTD
(45.73)
0.00
First Bank
Mar
2,290.76
601.17
First Securities
YTD
6,762.10
1,590.18
Mar
YTD
First-Aviva*
FSITC
Mar
Others
YTD
Mar
YTD
Mar
YTD
31.44
90.16
88.78
190.99
0.15
44.60
0.53
125.50
13.45
(47.49)
41.79
(127.66)
(1.88)
8.93
(5.58)
35.12
(173.05)
(709.41)
(173.09)
(709.47)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net investment gain under equity method
(10.35)
(11.57)
1,548.63
4,246.58
27.21
83.20
29.13
9.44
0.00
0.00
0.00
0.00
0.34
2.59
Net gain on financial products
348.76
804.43
0.00
0.00
249.66
682.00
52.40
86.77
0.00
3.38
11.75
44.30
7.03
8.36
81.07
208.88
0.82
(21.82)
42.50
77.49
5.27
14.45
0.66
0.49
(5.97)
(26.35)
39.69
104.40
3,343.99
9,160.04
3,211.30
9,194.97
(201.31)
(777.33)
54.11
144.89
0.11
0.11
Net income from insurance operaiton
Net other income
Net Revenue
Net provision expense and reserve for guarantee
Recovered(provided) for insurance reserve
1,532.42
4,179.03
208.40
390.43
45.41
129.90
(28.15)
(58.38)
0.00
0.00
(34.56)
(75.65)
0.00
0.00
0.00
0.00
(234.59)
(891.34)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(234.59)
(891.34)
0.00
0.00
113.32
20.52
55.70
0.00
0.00
Operaitng expenses
1,770.35
5,168.05
24.18
70.05
1,497.36
4,397.67
137.39
347.82
28.26
88.46
33.98
Income before tax
1,836.38
4,941.71
1,508.24
4,108.98
1,748.50
4,872.95
71.01
42.61
17.15
41.44
(0.70)
0.69
33.48
89.08
328.59
832.51
0.00
0.00
306.87
772.78
6.50
6.50
2.92
6.47
0.23
0.23
4.78
14.02
1,507.79
4,109.20
1,508.24
4,108.98
1,441.63
4,100.17
64.51
36.11
14.23
34.97
(0.93)
0.46
28.69
75.06
0.16
0.44
0.16
0.44
0.19
0.54
0.10
0.06
0.24
0.58
0.00
0.00
Income tax expense
Net income
EPS
Remarks:
Monthly Consolidated net income attributable to Stockholders of the parent is NTD 1,508.24 mn and to minority interests is NTD -0.45 mn.
YTD Consolidated net income attributable to Stockholders of the parent is NTD 4,108.98 mn and to minority interests is NTD 0.22 mn.
2