The Bank of Nova Scotia (BNS) 6-K Consolidated Capitalization of the Bank

Exhibit 99.1

CONSOLIDATED CAPITALIZATION OF THE BANK

The following table sets forth the consolidated capitalization of The Bank of Nova Scotia (the “Bank”) as at January 31, 2019:

	As at January 31, 2019
	(in millions of Canadian dollars)
Subordinated Debentures		7,492
Equity
Common Equity
Common Shares		18,296
Retained Earnings		42,236
Accumulated Other Comprehensive Income		1,587
Other Reserves		406
Total Common Equity		62,525
Preferred Shares and Other Equity Instruments		3,884
Total Equity Attributable to Equity Holders of the Bank		66,409
Non-controlling Interests
Non-controlling Interests in Subsidiaries		2,757
Total Equity		69,166
Total Capitalization		76,658

CONSOLIDATED EARNINGS RATIOS

The following table provides the Bank’s consolidated ratios of earnings to fixed charges, based upon financial information calculated in accordance with International Financial Reporting Standards (“IFRS”) for the three months period ended January 31, 2019 and each of the years in the five year period ended October 31, 2018.

	Three months ended January 31,		October 31,
	2019		2018		2017		2016		2015		2014
Consolidated Ratios of Earnings to Fixed Charges
Excluding interest on deposits		7.21		8.15		9.60		8.18		7.90		8.52
Including interest on deposits		1.70		1.88		2.09		2.12		2.18		2.21
Consolidated Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
Excluding interest on deposits		6.66		7.02		8.42		7.22		7.07		7.29
Including interest on deposits		1.68		1.84		2.06		2.07		2.14		2.15

For purposes of computing these ratios:

• earnings represent income from continuing operations plus income taxes and fixed charges (excluding capitalized interest and net income from investments in associated corporations);

• fixed charges, excluding interest on deposits, represent interest (including capitalized interest), estimated interest within rent, and amortization of debt issuance costs; and

• fixed charges, including interest on deposits, represent all interest.