Bank of Montreal 2008 Annual Report Download - page 108

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As at October 31 (Canadian $ in millions) 2008 2007
Assets
Cash Resources (Note 2) $ 21,105 $ 22,890
Securities (Note 3)
Trading 66,032 70,773
Available-for-sale 32,115 26,010
Other 1,991 1,494
100,138 98,277
Loans (Notes 4 and 8)
Residential mortgages 49,343 52,429
Consumer instalment and other personal 43,737 33,189
Credit cards 2,120 4,493
Businesses and governments 84,151 62,650
Securities borrowed or purchased under resale agreements 28,033 37,093
207,384 189,854
Customers’ liability under acceptances 9,358 12,389
Allowance for credit losses (1,747) (1,055)
214,995 201,188
Other Assets
Derivative instruments (Note 10) 65,586 32,585
Premises and equipment (Note 11) 2,227 1,980
Goodwill (Note 13) 1,635 1,140
Intangible assets (Note 13) 204 124
Other (Note 14) 10,160 8,340
79,812 44,169
Total Assets $ 416,050 $ 366,524
Liabilities and Shareholders’ Equity
Deposits (Note 15)
Banks $ 30,346 $ 34,100
Businesses and governments 136,111 121,748
Individuals 91,213 76,202
257,670 232,050
Other Liabilities
Derivative instruments (Note 10) 60,048 33,584
Acceptances (Note 16) 9,358 12,389
Securities sold but not yet purchased (Note 16) 18,792 25,039
Securities lent or sold under repurchase agreements (Note 16) 32,492 31,263
Other (Note 16) 14,071 12,055
134,761 114,330
Subordinated Debt (Note 18) 4,315 3,446
Capital Trust Securities (Note 19) 1,150 1,150
Preferred Share Liability (Note 21) 250 250
Shareholders’ Equity
Share capital (Note 21) 6,454 5,607
Contributed surplus 69 58
Retained earnings 11,632 11,166
Accumulated other comprehensive loss (251) (1,533)
17,904 15,298
Total Liabilities and Shareholders’ Equity $ 416,050 $ 366,524
The accompanying notes are an integral part of these consolidated financial statements.
William A. Downe Philip S. Orsino
President and Chief Executive Officer Chairman, Audit Committee
Consolidated Financial Statements
CONSOLIDATED FINANCIAL STATEMENTS
104 | BMO Financial Group 191st Annual Report 2008
Consolidated Balance Sheet