Bank of Montreal 2012 Annual Report Download - page 124
Download and view the complete annual report
Please find page 124 of the 2012 Bank of Montreal annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
 |
 |
Consolidated Financial Statements
Consolidated Balance Sheet
As at October 31 (Canadian $ in millions) 2012 2011
November 1,
2010
Assets
Cash and Cash Equivalents (Note 2) $ 19,941 $ 19,676 $ 17,460
Interest Bearing Deposits with Banks (Note 2) 6,341 5,980 5,157
Securities (Note 3)
Trading 70,109 69,925 72,704
Available-for-sale 56,382 51,426 45,924
Held-to-maturity 875 ––
Other 958 764 884
128,324 122,115 119,512
Securities Borrowed or Purchased Under Resale Agreements (Note 4) 44,238 37,970 28,102
Loans (Notes 4 and 8)
Residential mortgages 87,870 81,075 74,782
Consumer instalment and other personal 61,436 59,445 51,159
Credit cards 7,814 8,038 7,777
Businesses and governments 93,175 84,883 66,512
250,295 233,441 200,230
Customers’ liability under acceptances 8,019 7,227 7,001
Allowance for credit losses (Note 4) (1,706) (1,783) (1,964)
256,608 238,885 205,267
Other Assets
Derivative instruments (Note 10) 48,071 55,113 49,086
Premises and equipment (Note 11) 2,120 2,061 1,507
Goodwill (Note 13) 3,717 3,649 1,619
Intangible assets (Note 13) 1,552 1,562 812
Current tax assets 1,293 1,319 1,459
Deferred tax assets (Note 24) 2,906 3,355 1,078
Other (Note 14) 10,338 8,890 6,651
69,997 75,949 62,212
Total Assets $ 525,449 $ 500,575 $ 437,710
Liabilities and Equity
Deposits (Note 15)
Banks $ 17,290 $ 20,877 $ 19,409
Businesses and governments 185,182 159,209 131,892
Individuals 121,230 122,287 99,043
323,702 302,373 250,344
Other Liabilities
Derivative instruments (Note 10) 48,736 50,934 47,632
Acceptances (Note 16) 8,019 7,227 7,001
Securities sold but not yet purchased (Note 16) 23,439 20,207 14,245
Securities lent or sold under repurchase agreements (Note 16) 39,737 32,078 40,987
Current tax liabilities 404 591 570
Deferred tax liabilities (Note 24) 171 314 332
Other (Note 16) 46,596 52,846 49,953
167,102 164,197 160,720
Subordinated Debt (Note 17) 4,093 5,348 3,776
Capital Trust Securities (Note 18) 462 821 1,187
Equity
Share capital (Note 20) 14,422 14,193 9,498
Contributed surplus 213 113 91
Retained earnings 13,540 11,381 10,181
Accumulated other comprehensive income 480 666 412
Total shareholders’ equity 28,655 26,353 20,182
Non-controlling interest in subsidiaries 1,435 1,483 1,501
Total Equity 30,090 27,836 21,683
Total Liabilities and Equity $ 525,449 $ 500,575 $ 437,710
The accompanying notes are an integral part of these consolidated financial statements.
BMO Financial Group 195th Annual Report 2012 121