|
|
|
|
|
|
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|
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 |
|
5,236 |
|
|
3,092 |
|
|
|
|
|
|
|
Securities |
|
|
|
|
|
|
|
|
Trading account (pledged – $14,850
and $11,791) |
|
87,635 |
|
|
86,719 |
|
|
|
Available for sale |
|
39,861 |
|
|
41,619 |
|
|
|
|
|
|
|
|
|
|
|
127,496 |
|
|
128,338 |
|
|
|
|
|
|
|
Assets
purchased under reverse repurchase agreements |
|
34,862 |
|
|
36,289 |
|
|
|
|
|
|
|
Loans |
|
|
|
|
|
|
|
|
Residential mortgage |
|
84,172 |
|
|
78,819 |
|
|
|
Personal |
|
36,848 |
|
|
32,186 |
|
|
|
Credit card |
|
6,456 |
|
|
4,816 |
|
|
|
Business and government |
|
61,678 |
|
|
56,726 |
|
|
|
|
|
|
|
|
|
|
|
189,154 |
|
|
172,547 |
|
|
|
Allowance for loan
losses |
|
(1,644 |
) |
|
(2,055 |
) |
|
|
|
|
|
|
|
|
|
|
187,510 |
|
|
170,492 |
|
|
|
|
|
|
|
Other |
|
|
|
|
|
|
|
|
Customers' liability
under acceptances |
|
6,184 |
|
|
5,943 |
|
|
|
Derivative-related
amounts |
|
40,081 |
|
|
36,640 |
|
|
|
Premises and equipment |
|
1,731 |
|
|
1,655 |
|
|
|
Goodwill |
|
4,416 |
|
|
4,633 |
|
|
|
Other intangibles |
|
523 |
|
|
580 |
|
|
|
Reinsurance recoverables |
|
1,701 |
|
|
3,321 |
|
|
|
Separate account assets |
|
120 |
|
|
224 |
|
|
|
Other assets |
|
33,064 |
|
|
18,497 |
|
|
|
|
|
|
|
|
|
|
|
87,820 |
|
|
71,493 |
|
|
|
|
|
|
|
|
|
|
$ |
447,682 |
|
$ |
412,591 |
|
|
|
|
|
|
|
Liabilities
and shareholders' equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposits |
|
|
|
|
|
|
|
|
Canada |
|
|
|
|
|
|
|
|
|
Non-interest-bearing |
$ |
28,273 |
|
$ |
24,388 |
|
|
|
|
Interest-bearing |
|
141,177 |
|
|
130,135 |
|
|
|
International |
|
|
|
|
|
|
|
|
|
Non-interest-bearing |
|
3,169 |
|
|
3,183 |
|
|
|
|
Interest-bearing |
|
98,956 |
|
|
102,812 |
|
|
|
|
|
|
|
|
|
|
|
271,575 |
|
|
260,518 |
|
|
|
|
|
|
|
Other |
|
|
|
|
|
|
|
|
Acceptances |
|
6,184 |
|
|
5,943 |
|
|
|
Obligations related
to securities sold short |
|
23,815 |
|
|
22,743 |
|
|
|
Obligations related
to assets sold under repurchase agreements |
|
21,705 |
|
|
23,735 |
|
|
|
Derivative-related
amounts |
|
42,870 |
|
|
38,427 |
|
|
|
Insurance claims and
policy benefit liabilities |
|
9,352 |
|
|
8,630 |
|
|
|
Separate account liabilities |
|
120 |
|
|
224 |
|
|
|
Other liabilities |
|
43,640 |
|
|
26,199 |
|
|
|
|
|
|
|
|
|
|
|
147,686 |
|
|
125,901 |
|
|
|
|
|
|
|
Subordinated
debentures |
|
8,522 |
|
|
6,581 |
|
|
|
|
|
|
|
Non-controlling
interest in subsidiaries |
|
1,524 |
|
|
1,474 |
|
|
|
|
|
|
|
Shareholders'
equity |
|
|
|
|
|
|
|
|
Preferred shares |
|
813 |
|
|
813 |
|
|
|
Common shares (shares
issued and outstanding – 644,747,812 and 656,021,122) |
|
6,966 |
|
|
6,999 |
|
|
|
Additional paid-in
capital |
|
229 |
|
|
88 |
|
|
|
Retained earnings |
|
12,347 |
|
|
11,591 |
|
|
|
Treasury stock (shares
held – 5,815,487 and nil) |
|
(348 |
) |
|
– |
|
|
|
Accumulated other comprehensive
income (loss) |
|
(1,632 |
) |
|
(1,374 |
) |
|
|
|
|
|
|
|
|
|
|
18,375 |
|
|
18,117 |
|
|
|
|
|
|
|
|
|
|
$ |
447,682 |
|
$ |
412,591 |
|
|
|
|
|
|
|
|
|
|
|
Gordon M. Nixon
President and Chief Executive officer |
Robert B. Peterson
Director |
|