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The carrying value of mortgages and loans by geographic location is shown in the following table. The geographic location for
mortgages is based on location of property, while for corporate loans it is based on the country of the creditor’s parent. Residential
mortgages include mortgages for both single and multiple family dwellings.
As at December 31, 2012 Residential Non-residential Loans Total
Canada $ 1,886 $ 5,571 $ 9,946 $ 17,403
United States 301 4,214 3,399 7,914
United Kingdom 22 420 442
Other – 1,489 1,489
Total mortgages and loans $ 2,187 $ 9,807 $ 15,254 $ 27,248
As at December 31, 2011 Residential Non-residential Loans Total
Canada $ 2,011 $ 5,489 $ 9,154 $ 16,654
United States 219 5,612 3,135 8,966
United Kingdom 24 253 277
Other – 1,858 1,858
Total mortgages and loans $ 2,230 $ 11,125 $ 14,400 $ 27,755
6.A.iv Contractual Maturities of Mortgages, Debt Securities and Derivatives
The contractual maturities of debt securities are shown in the tables below. Debt securities that are not due at a single maturity date
are included in the table in the year of final maturity. Actual maturities could differ from contractual maturities because of the borrower’s
right to call or extend or right to prepay obligations, with or without prepayment penalties.
As at December 31, 2012
Fair value through
profit or loss
Available-
for-sale
Total debt
securities
Due in 1 year or less $ 1,658 $ 1,636 $ 3,294
Due in years 2-5 7,375 4,566 11,941
Due in years 6-10 7,274 1,897 9,171
Due after 10 years 27,466 2,490 29,956
Total debt securities $ 43,773 $ 10,589 $ 54,362
As at December 31, 2011
Fair value through
profit or loss
Available-
for-sale
Total debt
securities
Due in 1 year or less $ 2,865 $ 1,073 $ 3,938
Due in years 2-5 10,850 4,567 15,417
Due in years 6-10 9,633 2,266 11,899
Due after 10 years 28,279 3,397 31,676
Total debt securities $ 51,627 $ 11,303 $ 62,930
The carrying value of mortgages by scheduled maturity, before allowance for losses, is comprised as follows:
As at December 31, 2012 2011
Due in 1 year or less $ 942 $ 941
Due in years 2-5 4,973 5,474
Due in years 6-10 3,744 4,247
Due after 10 years 2,414 2,889
Total mortgages $ 12,073 $ 13,551
The carrying value of loans by scheduled maturity, before allowances for losses, is comprised as follows:
As at December 31, 2012 2011
Due in 1 year or less $ 839 $ 905
Due in years 2-5 4,027 4,555
Due in years 6-10 3,350 3,292
Due after 10 years 7,054 5,675
Total loans $ 15,270 $ 14,427
120 Sun Life Financial Inc. Annual Report 2012 Notes to Consolidated Financial Statements