Bank of Montreal 2012 Annual Report Download - page 105

Supplemental Information
SUPPLEMENTAL INFORMATION
Table 3: Returns on Equity and Assets ($ millions, except as noted)
For the year ended October 31 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Reported net income 4,189 3,114 2,810 1,787 1,978 2,131 2,663 2,396 2,295 1,781
Attributable to non-controlling interest in subsidiaries (1) 74 73 na na na na na na na na
Preferred dividends 136 146 136 120 73 43 30 30 31 38
Reported net income available to common shareholders 3,979 2,895 2,674 1,667 1,905 2,088 2,633 2,366 2,264 1,743
Average common shareholders’ equity 25,106 19,145 17,980 16,865 14,612 14,506 13,703 12,577 11,696 10,646
Return on equity (%) 15.9 15.1 14.9 9.9 13.0 14.4 19.2 18.8 19.4 16.4
Return on average assets (%) 0.76 0.65 0.71 0.41 0.50 0.59 0.86 0.81 0.87 0.67
Return on average risk-weighted assets (%) (2) 1.98 1.70 1.74 0.97 1.07 1.20 1.71 1.63 1.67 1.37
Return on average assets available to
common shareholders (%) 0.73 0.62 0.67 0.38 0.48 0.58 0.85 0.80 0.86 0.66
Average equity to average total assets (%) 0.05 0.04 0.05 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Adjusted net income 4,092 3,275 2,916 2,372 2,513 2,881 2,752 2,386 2,260 1,882
Adjusted net income available to common shareholders 3,882 3,056 2,780 2,252 2,440 2,838 2,722 2,356 2,229 1,844
Adjusted return on equity (%) 15.5 16.0 15.0 12.9 16.2 19.0 19.3 18.3 18.9 17.1
Adjusted return on average assets (%) 0.74 0.68 0.71 0.52 0.61 0.78 0.87 0.78 0.85 0.72
Adjusted return on average risk-weighted assets (%) (2) 1.93 1.79 1.76 1.25 1.32 1.58 1.71 1.58 1.65 1.43
Adjusted return on average assets available to common
shareholders (%) 0.71 0.65 0.68 0.50 0.59 0.77 0.86 0.77 0.84 0.70
2010 and prior based on CGAAP.
(1) Prior to 2011, under CGAAP, non-controlling interest in subsidiaries was deducted in the determination of net income.
(2) Beginning in 2008, return on average risk-weighted assets has been calculated under the Basel II guidelines; for all prior periods, return on average risk-weighted assets has been calculated using the
Basel I methodology.
na – not applicable
Table4:SummaryBalanceSheet($ millions)
As at October 31 2012 2011 2010 2009 2008
Assets
Cash and cash equivalents 19,941 19,676 17,368 9,955 9,134
Interest bearing deposits with banks 6,341 5,980 3,186 3,340 11,971
Securities 128,324 122,115 123,399 110,813 100,138
Securities borrowed or purchased under resale agreements 44,238 37,970 28,102 36,006 28,033
Net loans and acceptances 256,608 238,885 176,643 167,829 186,962
Other assets 69,997 75,949 62,942 60,515 79,812
Total assets 525,449 500,575 411,640 388,458 416,050
Liabilities and Shareholders’ Equity
Deposits 323,702 302,373 249,251 236,156 257,670
Other liabilities 167,102 164,197 135,933 126,719 134,761
Subordinated debt 4,093 5,348 3,776 4,236 4,315
Capital trust securities 462 821 800 1,150 1,150
Preferred share liability ––––250
Share capital
Preferred 2,465 2,861 2,571 2,571 1,746
Common 11,957 11,332 6,927 6,198 4,708
Contributed surplus 213 113 92 79 69
Retained earnings 13,540 11,381 12,848 11,748 11,632
Accumulated other comprehensive loss 480 666 (558) (399) (251)
Non-controlling interest in subsidiaries 1,435 1,483 – – –
Total liabilities and shareholders’ equity 525,449 500,575 411,640 388,458 416,050
Average Daily Balances
Net loans and acceptances 247,438 215,414 171,554 182,097 175,079
Assets 544,264 469,934 398,474 438,548 397,609
2010 and prior based on CGAAP.
102 BMO Financial Group 195th Annual Report 2012