|
 |
 |
|
 |
|
|
|
|
|
|
|
|
Consolidated
balance sheet |
 |
|
As at October 31 (C$ millions) |
|
2004 |
|
|
2003 |
|
 |
|
|
|
|
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and due from banks |
$ |
4,758 |
|
$ |
2,887 |
|
|
|
|
|
|
|
Interest-bearing
deposits with banks |
|
5,220 |
|
|
3,126 |
|
|
|
|
|
|
|
Securities |
|
|
|
|
|
|
|
|
Trading account (pledged – $14,850
and $11,791) |
|
89,322 |
|
|
87,532 |
|
|
|
Investment account |
|
38,923 |
|
|
41,074 |
|
|
|
Loan substitute |
|
701 |
|
|
325 |
|
|
|
|
|
|
|
|
|
|
128,946 |
|
|
128,931 |
|
|
|
|
|
|
|
Assets purchased
under reverse repurchase agreements |
|
34,862 |
|
|
36,289 |
|
|
|
|
|
|
|
Loans |
|
|
|
|
|
|
|
|
Residential mortgage |
|
84,170 |
|
|
78,817 |
|
|
|
Personal |
|
36,848 |
|
|
32,186 |
|
|
|
Credit card |
|
6,456 |
|
|
4,816 |
|
|
|
Business and government |
|
60,713 |
|
|
56,630 |
|
|
|
|
|
|
|
|
|
|
188,187 |
|
|
172,449 |
|
|
|
Allowance for loan losses |
|
(1,644 |
) |
|
(2,055 |
) |
|
|
|
|
|
|
|
|
|
186,543 |
|
|
170,394 |
|
|
|
|
|
|
|
Other |
|
|
|
|
|
|
|
|
Customers' liability under acceptances |
|
6,184 |
|
|
5,943 |
|
|
|
Derivative-related amounts |
|
38,891 |
|
|
35,612 |
|
|
|
Premises and equipment |
|
1,756 |
|
|
1,670 |
|
|
|
Goodwill |
|
4,369 |
|
|
4,587 |
|
|
|
Other intangibles |
|
523 |
|
|
580 |
|
|
|
Other assets |
|
17,144 |
|
|
13,014 |
|
|
|
|
|
|
|
|
|
|
68,867 |
|
|
61,406 |
|
|
|
|
|
|
|
|
|
$ |
429,196 |
|
$ |
403,033 |
|
|
|
|
|
|
|
Liabilities and shareholders'
equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposits |
|
|
|
|
|
|
|
|
Personal |
$ |
113,009 |
|
$ |
106,709 |
|
|
|
Business and government |
|
132,070 |
|
|
129,860 |
|
|
|
Bank |
|
25,880 |
|
|
22,576 |
|
|
|
|
|
|
|
|
|
|
270,959 |
|
|
259,145 |
|
|
|
|
|
|
|
Other |
|
|
|
|
|
|
|
|
Acceptances |
|
6,184 |
|
|
5,943 |
|
|
|
Obligations related to securities
sold short |
|
25,005 |
|
|
22,855 |
|
|
|
Obligations related to assets
sold under repurchase agreements |
|
21,705 |
|
|
23,735 |
|
|
|
Derivative-related amounts |
|
42,201 |
|
|
37,775 |
|
|
|
Insurance claims and policy
benefit liabilities |
|
6,838 |
|
|
5,256 |
|
|
|
Other liabilities |
|
27,575 |
|
|
21,318 |
|
|
|
|
|
|
|
|
|
|
129,508 |
|
|
116,882 |
|
|
|
|
|
|
|
Subordinated
debentures |
|
8,116 |
|
|
6,243 |
|
|
|
|
|
|
|
Non-controlling
interest in subsidiaries |
|
2,409 |
|
|
2,388 |
|
|
|
|
|
|
|
Shareholders'
equity |
|
|
|
|
|
|
|
|
Preferred shares |
|
832 |
|
|
832 |
|
|
|
Common shares (shares
issued and outstanding – 644,747,812 and 656,021,122) |
|
6,988 |
|
|
7,018 |
|
|
|
Additional paid-in capital |
|
169 |
|
|
85 |
|
|
|
Retained earnings |
|
12,065 |
|
|
11,333 |
|
|
|
Treasury stock (shares
held – 4,862,782 and nil) |
|
(294 |
) |
|
– |
|
|
|
Foreign currency translation
adjustments |
|
(1,556 |
) |
|
(893 |
) |
|
|
|
|
|
|
|
|
|
18,204 |
|
|
18,375 |
|
|
|
|
|
|
|
|
|
$ |
429,196 |
|
$ |
403,033 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
Gordon M. Nixon
President and Chief Executive Officer |
Robert B. Peterson
Director |
|
