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Supplemental Information
BMO Financial Group 191st Annual Report 2008 | 99
Table 18: Provision for Credit Losses –Segmented Information ($ millions)
For the year ended October 31 2008 2007 2006 2005 2004
Consumer
Residential mortgages 511733
Cards 154 137 132 141 106
Consumer instalment and other personal loans 178 81 67 53 60
Total consumer 337 229 206 197 169
Commercial and Corporate (1)
Commercial mortgages 1––42
Commercial real estate 254 14 (2) 2 6
Construction (non-real estate) 21 (2) 9 9
Retail trade 10 7 (5) 15 2
Wholesale trade 374139
Agriculture 252420
Communications –– (6) (34) (12)
Manufacturing 132 (9) 20 23 (37)
Mining ––––(1)
Oil and gas 27 –––(4)
Transportation 12 4 7 13 (17)
Utilities –– (19) (26) (87)
Forest products 5– (1) – (7)
Service industries 33 22513
Financial institutions 251 40 (1) (1) 13
Government 2un un un un
Other (1) 3 6 (5) (11)
Total commercial and corporate 733 74 5 22 (102)
Total specific provisions 1,070 303 211 219 67
General provision for credit losses 260 50 (35) (40) (170)
Total provision for credit losses 1,330 353 176 179 (103)
(1) There have been no provisions for credit losses on securities borrowed or purchased under resale agreements.
un –unavailable
Table 19: Specific Allowance for Credit Losses –
Segmented Information ($ millions)
As at October 31 2008 2007 2006 2005 2004
Commercial and Corporate Specific
Allowance by Industry
Commercial mortgages –––––
Commercial real estate 108 25764
Construction (non-real estate) 443420
Retail trade 679187
Wholesale trade 14 17 21 20 14
Agriculture 913 9 13 12
Communications ––1246
Manufacturing 108 35 57 53 79
Mining –––––
Oil and gas 25 ––1–
Transportation 8511 3 6
Utilities ––––46
Forest products 62228
Service industries 23 17 19 26 23
Financial institutions 70 10 1 7 10
Government 2un un un un
Other 28 77816
Total specific allowance for credit losses
on commercial and corporate loans 411 142 147 163 291
un –unavailable
Total
2008 2007 2006 2005 2004
1,055 1,058 1,128 1,308 1,791
1,330 353 176 179 (103)
–12–––
114 91 112 67 131
(970) (391) (338) (419) (470)
218 (68) (20) (7) (41)
1,747 1,055 1,058 1,128 1,308
(428) (289) (267) (246) (206)
(542) (102) (71) (173) (264)
91 72 60 49 41
23 19 52 18 90
0.4 0.1 0.1 0.2 0.2
Total
2008 2007 2006 2005 2004
13 14555
21112
15 15667
411 142 147 163 291
–––––
426 157 153 169 298
1,321 898 905 959 1,010
1,747 1,055 1,058 1,128 1,308
73.2 146.5 158.8 140.2 116.9
3.7 8.3 3.7 4.6 4.3
20.7 26.3 29.2 24.2 30.4