TD Bank 2007 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2007 TD Bank 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.

Page out of 138

  • 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

TD BANK FINANCIAL GROUP ANNUAL REPORT 2007 Management’s Discussion and Analysis 53
TABLE 30 PROVISIONS FOR CREDIT LOSSES BY INDUSTRY SECTOR1
(millions of Canadian dollars, except percentage amounts) Percentage of total
2007 2006 2005 2007 2006 2005
Canada
Residential mortgages $4 $ (3)$ 12 0.6%(0.7)% 11.2%
Consumer installment and other personal 513 379 307 79.8 83.0 287.0
Total residential and personal 517 376 319 80.4 82.3 298.2
Real estate development
Commercial and industrial 3(7) 1 0.4 (1.5)0.9
Residential 11 – 0.2 0.2 –
Total real estate 4(6) 1 0.6 (1.3)0.9
Agriculture 1(1) 3 0.2 (0.2)2.8
Apparel and textile 23 – 0.3 0.7 –
Automotive 44 – 0.6 0.9 –
Chemical –(9) 3 –(2.0)2.8
Construction 10 1 2 1.5 0.2 1.9
Financial 11 – 0.2 0.2 –
Food, beverage and tobacco 31 1 0.4 0.2 0.9
Forestry (4)28 –(0.6)6.1 –
Health and social services –1 1 –0.2 0.9
Media and entertainment 11 – 0.2 0.2 –
Metals and mining 11 – 0.2 0.2 –
Oil and gas –– – –– –
Retail 22 1 0.3 0.4 0.9
Sundry manufacturing 21 2 0.3 0.2 1.9
Telecommunications ––(4)––(3.7)
Transportation 1– 1 0.2 –0.9
Utilities –– – –– –
All other loans 27 2 0.3 1.6 1.9
Total business and government 30 35 13 4.7 7.6 12.1
Total Canada 547 411 332 85.1 89.9 310.3
United States
Residential mortgages –– – –– –
Consumer installment and other personal 46 34 12 7.1 7.5 11.2
Total residential and personal 46 34 12 7.1 7.5 11.2
Real estate development
Commercial and industrial 53 1 0.8 0.7 0.9
Residential 23 2 – 3.6 0.4 –
Shopping centers 2– – 0.3 – –
Real estate services –4 – –0.9 –
Total real estate 30 9 1 4.7 2.0 0.9
Agriculture 1– – 0.2 – –
Apparel and textile 1– – 0.2 – –
Automotive 3– – 0.4 – –
Chemical 1– – 0.2 – –
Construction 51(1)0.8 0.2 (0.9)
Food, beverage and tobacco 3– 1 0.4 –0.9
Forestry 1– – 0.2 – –
Health and social services 10 – – 1.5 – –
Media and entertainment 11 – 0.2 0.2 –
Metals and mining –– 2 ––1.9
Retail 4– 1 0.6 –0.9
Sundry manufacturing (1)4 1 (0.2)0.9 0.9
Telecommunications (7)–(14)(1.1)–(13.1)
Transportation 11 – 0.2 0.2 –
Utilities –– (202)––(188.7)
All other loans (2)1(6)(0.3)0.2 (5.6)
Total business and government 51 17 (217)8.0 3.7 (202.8)
Total United States 97 51 (205)15.1 11.2 (191.6)
Other International
Cable ––(9)––(8.4)
Financial ––(11)––(10.3)
Media and entertainment –(4) – –(0.9) –
Retail (1)(1) – (0.2)(0.2) –
Total business and government (1)(5)(20)(0.2)(1.1)(18.7)
Total Other International (1)(5)(20)(0.2)(1.1)(18.7)
Total before general provision $ 643 $ 457 $ 107 100.0%100.0%100.0%
General provision (reversal) 2(48)(52)
Total $ 645 $ 409 $ 55
1 Based on geographic location of unit responsible for recording revenue.