NIM contraction；Tier-1 CAR decline Continued NIM Expansion Trumps Pull-back in Fees Stronger 3Q on large one-offs﹣offs Positive catalysts are tracking intact Operationally improving trend may reverse in 4Q;chemicals loss – a concern Seasonal strength, butovercapacity remains Q313 is 2nd best net profit on record Operating leverage carries through Solid earnings recovery in Q313 IRON ORE REPORT