Sun Life 2015 Annual Report Download - page 124
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The carrying value of mortgages and loans by geographic location is shown in the following tables. 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.
Mortgages
As at December 31, 2015 Residential Non-residential Loans Total
Canada $ 2,684 $ 5,383 $ 13,271 $ 21,338
United States 992 5,733 7,442 14,167
United Kingdom – – 886 886
Other – – 2,712 2,712
Total mortgages and loans $ 3,676 $ 11,116 $ 24,311 $ 39,103
Mortgages
As at December 31, 2014 Residential Non-residential Loans Total
Canada $ 2,093 $ 5,754 $ 12,308 $ 20,155
United States 701 4,862 5,196 10,759
United Kingdom – 1 776 777
Other – – 1,988 1,988
Total mortgages and loans $ 2,794 $ 10,617 $ 20,268 $ 33,679
6.A.iv Contractual Maturities
The contractual maturities of debt securities are shown in the following tables. Debt securities that are not due at a single maturity date
are included in the tables 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, 2015
Fair value through
profit or loss
Available-
for-sale
Total debt
securities
Due in 1 year or less $ 1,581 $ 1,625 $ 3,206
Due in years 2-5 7,135 3,863 10,998
Due in years 6-10 10,378 2,897 13,275
Due after 10 years 37,691 4,726 42,417
Total debt securities $ 56,785 $ 13,111 $ 69,896
As at December 31, 2014
Fair value through
profit or loss
Available-
for-sale
Total debt
securities
Due in 1 year or less $ 1,951 $ 1,348 $ 3,299
Due in years 2-5 6,628 4,473 11,101
Due in years 6-10 9,334 3,024 12,358
Due after 10 years 35,214 4,242 39,456
Total debt securities $ 53,127 $ 13,087 $ 66,214
The carrying value of mortgages by scheduled maturity, before allowances for losses, is as follows:
As at December 31, 2015 2014
Due in 1 year or less $ 1,364 $ 1,137
Due in years 2-5 4,367 4,784
Due in years 6-10 6,114 4,979
Due after 10 years 2,989 2,548
Total mortgages $ 14,834 $ 13,448
The carrying value of loans by scheduled maturity, before allowances for losses, is as follows:
As at December 31, 2015 2014
Due in 1 year or less $ 1,351 $ 1,012
Due in years 2-5 6,393 4,983
Due in years 6-10 4,599 4,444
Due after 10 years 11,975 9,845
Total loans $ 24,318 $ 20,284
122 Sun Life Financial Inc. Annual Report 2015 Notes to Consolidated Financial Statements