TD Bank 2010 Annual Report Download - page 88

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TD BANK GROUP ANNUAL REPORT 2010 FINANCIAL RESULTS86
Consolidated Balance Sheet
As at October 31
(millions of Canadian dollars, except as noted) 2010 2009
ASSETS
Cash and due from banks $ 2,574 $ 2,414
Interest-bearing deposits with banks 19,136 19,103
21,710 21,517
Securities (Note 2)
Trading (Note 4) 59,542 54,320
Available-for-sale (Note 1) 102,355 84,841
Held-to-maturity (Note 1) 9,715 9,662
171,612 148,823
Securities purchased under reverse repurchase agreements (Note 2) 50,658 32,948
Loans (Note 3)
Residential mortgages 71,507 65,665
Consumer instalment and other personal 100,880 94,357
Credit card 8,870 8,152
Business and government (Note 4) 83,481 76,176
Debt securities classified as loans (Note 1) 7,591 11,146
272,329 255,496
Allowance for loan losses (Note 3) (2,309) (2,368)
Loans, net of allowance for loan losses 270,020 253,128
Other
Customers’ liability under acceptances (Note 3) 7,757 9,946
Investment in TD Ameritrade (Note 7) 5,485 5,465
Derivatives (Note 8) 51,675 49,445
Goodwill (Note 9) 14,460 15,015
Other intangibles (Note 9) 2,093 2,546
Land, buildings and equipment (Note 10) 4,247 4,078
Current income tax receivable – 238
Other assets (Note 11) 19,828 14,070
105,545 100,803
Total assets $ 619,545 $ 557,219
LIABILITIES
Deposits (Notes 12, 16)
Personal $ 249,251 $ 223,228
Banks 12,508 5,480
Business and government 145,221 126,907
Trading 22,991 35,419
429,971 391,034
Other
Acceptances (Note 3) 7,757 9,946
Obligations related to securities sold short 23,695 17,641
Obligations related to securities sold under repurchase agreements (Note 2) 25,426 16,472
Derivatives (Note 8) 53,685 48,152
Current income tax payable 352 –
Future income tax liabilities (Note 27) 460 235
Other liabilities (Note 13) 21,316 19,632
132,691 112,078
Subordinated notes and debentures (Note 14) 12,506 12,383
Liability for preferred shares (Note 15) 582 550
Liability for capital trust securities (Note 16) – 895
Non-controlling interests in subsidiaries (Note 17) 1,493 1,559
Contingent liabilities, commitments and guarantees (Note 31)
SHAREHOLDERS’ EQUITY
Common shares (millions of shares issued and outstanding: 2010 – 879.7 and 2009 – 859.6) (Note 18) 16,730 15,357
Preferred shares (millions of shares issued and outstanding: 2010 – 135.8 and 2009 – 135.8) (Note 18) 3,395 3,395
Treasury shares – common (millions of shares held: 2010 – (1.2) and 2009 – (0.8)) (Note 18) (91) (15)
Treasury shares – preferred (millions of shares held: 2010 – nil and 2009 – nil) (Note 18) (1) –
Contributed surplus 305 336
Retained earnings 20,959 18,632
Accumulated other comprehensive income (loss) (Note 20) 1,005 1,015
42,302 38,720
Total liabilities and shareholders’ equity $ 619,545 $ 557,219
Certain comparative amounts have been reclassified to conform with the presentation
adopted in the current year.
The accompanying Notes are an integral part of these Consolidated Financial Statements. W. Edmund Clark William E. Bennett
Group President and Chair, Audit Committee
Chief Executive Officer