TD Bank 2007 Annual Report Download - page 128

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124 TD BANK FINANCIAL GROUP ANNUAL REPORT 2007 Ten-year Statistical Review
Ten-year Statistical Review1
Condensed Consolidated Balance Sheet
(millions of Canadian dollars) 2007 2006 2005
Assets
Cash resources and other $ 16,536 $ 10,782 $ 13,418
Securities 123,036 124,458 108,096
Securities purchased under reverse repurchase agreements 27,648 30,961 26,375
Loans (net of allowance for credit losses) 175,915 160,608 152,243
Other 78,989 66,105 65,078
Total 422,124 392,914 365,210
Liabilities
Deposits $ 276,393 $ 260,907 $ 246,981
Other 112,905 101,242 93,722
Subordinated notes and debentures 9,449 6,900 5,138
Liabilities for preferred shares and capital trust securities 1,449 1,794 1,795
Non-controlling interest in subsidiaries 524 2,439 1,708
400,720 373,282 349,344
Shareholders’ equity
Common shares 6,577 6,334 5,872
Preferred shares 425 425
Contributed surplus 119 66 40
Accumulated other comprehensive income (1,671)(918)(696)
Retained earnings 15,954 13,725 10,650
21,404 19,632 15,866
Total $ 422,124 $ 392,914 $ 365,210
Condensed Consolidated Statement of Income – Reported
(millions of Canadian dollars) 2007 2006 2005
Net interest income $ 6,924 $ 6,371 $ 6,008
Other income 7,357 6,821 5,951
Total revenues 14,281 13,192 11,959
Dilution gain on investment, net of cost 1,559
Provision for (reversal of) credit losses 645 409 55
Non-interest expenses 8,975 8,815 8,844
Income (loss) before provision for (benefit of) income taxes 4,661 5,527 3,060
Provision for (benefit of) income taxes 853 874 699
Non-controlling interest in net income of subsidiaries 95 184 132
Equity in net income of associated company, net of tax 284 134
Net income (loss) 3,997 4,603 2,229
Preferred dividends 20 22
Net income (loss) available to common shareholders $ 3,977 $ 4,581 $ 2,229
Condensed Consolidated Statement of Income – Adjusted
(millions of Canadian dollars) 2007 2006 2005
Net interest income $ 6,924 $ 6,371 $ 6,021
Other income 7,148 6,862 6,077
Total revenues 14,072 13,233 12,098
Dilution gain on investment, net of cost – –
Provision for (reversal of) credit losses 705 441 319
Non-interest expenses 8,390 8,260 7,887
Income (loss) before provision for (benefit of) income taxes 4,977 4,532 3,892
Provision for (benefit of) income taxes 1,000 1,107 899
Non-controlling interest in net income of subsidiaries 119 211 132
Equity in net income of associated company, net of tax 331 162
Net income 4,189 3,376 2,861
Preferred dividends 20 22
Net income available to common shareholders $ 4,169 $ 3,354 $ 2,861