|
 |
 |
|
 |
 |
|
|
|
| Consolidated balance sheet |
 |
|
|
|
|
|
| As at October 31 (C$ millions) |
|
2003 |
|
|
|
2002 |
|
|
|
|
|
| Assets |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| Cash resources |
|
|
|
|
|
|
|
|
Cash and due from banks |
$ |
2,887 |
|
|
$ |
2,534 |
|
|
Interest-bearing deposits
with banks |
|
14,633 |
|
|
|
18,759 |
|
|
|
|
|
|
|
|
|
17,520 |
|
|
|
21,293 |
|
|
|
|
|
| Securities |
|
|
|
|
|
|
|
|
Trading account (pledged – $13,145
and $6,558) |
|
81,014 |
|
|
|
69,457 |
|
|
Available for sale |
|
35,783 |
|
|
|
25,896 |
|
|
|
|
|
|
|
|
|
116,797 |
|
|
|
95,353 |
|
|
|
|
|
| Assets purchased
under reverse repurchase agreements |
|
36,289 |
|
|
|
35,831 |
|
|
|
|
|
| Loans |
|
|
|
|
|
|
|
|
Residential mortgage |
|
78,819 |
|
|
|
72,842 |
|
|
Personal |
|
34,003 |
|
|
|
31,956 |
|
|
Credit card |
|
4,816 |
|
|
|
4,914 |
|
|
Business and government |
|
54,909 |
|
|
|
61,811 |
|
|
|
|
|
|
|
|
|
172,547 |
|
|
|
171,523 |
|
|
Allowance for loan
losses |
|
(2,055 |
) |
|
|
(2,203 |
) |
|
|
|
|
|
|
|
|
170,492 |
|
|
|
169,320 |
|
|
|
|
|
| Other |
|
|
|
|
|
|
|
|
Customers' liability
under acceptances |
|
5,943 |
|
|
|
8,051 |
|
|
Derivative-related
amounts |
|
36,640 |
|
|
|
31,250 |
|
|
Premises and equipment |
|
1,655 |
|
|
|
1,639 |
|
|
Goodwill |
|
4,633 |
|
|
|
5,040 |
|
|
Other intangibles |
|
580 |
|
|
|
665 |
|
|
Reinsurance recoverables |
|
3,321 |
|
|
|
1,946 |
|
|
Separate account assets |
|
224 |
|
|
|
68 |
|
|
Other assets |
|
18,497 |
|
|
|
11,544 |
|
|
|
|
|
|
|
|
|
71,493 |
|
|
|
60,203 |
|
|
|
|
|
|
|
|
$ |
412,591 |
|
|
$ |
382,000 |
|
|
|
|
|
| Liabilities and shareholders'
equity |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
| Deposits |
|
|
|
|
|
|
|
|
Canada |
|
|
|
|
|
|
|
|
|
Non-interest-bearing |
$ |
24,388 |
|
|
$ |
23,222 |
|
|
|
Interest-bearing |
|
130,135 |
|
|
|
119,737 |
|
|
International |
|
|
|
|
|
|
|
|
|
Non-interest-bearing |
|
3,183 |
|
|
|
2,969 |
|
|
|
Interest-bearing |
|
102,812 |
|
|
|
99,112 |
|
|
|
|
|
|
|
|
|
260,518 |
|
|
|
245,040 |
|
|
|
|
|
| Other |
|
|
|
|
|
|
|
|
Acceptances |
|
5,943 |
|
|
|
8,051 |
|
|
Obligations related
to securities sold short |
|
22,743 |
|
|
|
17,990 |
|
|
Obligations related
to assets sold under repurchase agreements |
|
23,735 |
|
|
|
21,109 |
|
|
Derivative-related
amounts |
|
38,427 |
|
|
|
32,737 |
|
|
Insurance claims and
policy benefit liabilities |
|
8,630 |
|
|
|
4,747 |
|
|
Separate account liabilities |
|
224 |
|
|
|
68 |
|
|
Other liabilities |
|
26,199 |
|
|
|
25,074 |
|
|
|
|
|
|
|
|
|
125,901 |
|
|
|
109,776 |
|
|
|
|
|
| Subordinated debentures |
|
6,581 |
|
|
|
6,960 |
|
|
|
|
|
| Non-controlling
interest in subsidiaries |
|
1,474 |
|
|
|
1,469 |
|
|
|
|
|
| Shareholders' equity |
|
|
|
|
|
|
|
|
Capital stock |
|
|
|
|
|
|
|
|
|
Preferred |
|
813 |
|
|
|
1,515 |
|
|
|
Common (shares issued
and outstanding – 656,021,122
and 665,257,068) |
|
6,999 |
|
|
|
6,963 |
|
|
Additional paid-in
capital |
|
88 |
|
|
|
76 |
|
|
Retained earnings |
|
11,591 |
|
|
|
10,473 |
|
|
Accumulated other comprehensive
income (loss) |
|
(1,374 |
) |
|
|
(272 |
) |
|
|
|
|
|
|
|
|
18,117 |
|
|
|
18,755 |
|
|
|
|
|
|
|
|
$ |
412,591 |
|
|
$ |
382,000 |
|
|
|
|
|
| Gordon M. Nixon |
Robert B. Peterson |
| President & Chief Executive Officer |
Director |
|
|
