Bank of Montreal 2010 Annual Report Download - page 112

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CONSOLIDATED FINANCIAL STATEMENTS
Consolidated Financial Statements
110 BMO Financial Group 193rd Annual Report 2010
Consolidated Balance Sheet
As at October 31 (Canadian $ in millions) 2010 2009
Assets
Cash and Cash Equivalents (Note 2) $ 17,368 $ 9,955
Interest Bearing Deposits with Banks (Note 2) 3,186 3,340
Securities (Note 3)
Trading 71,710 59,071
Available-for-sale 50,543 50,257
Other 1,146 1,485
123,399 110,813
Securities Borrowed or Purchased Under Resale Agreements (Note 4) 28,102 36,006
Loans (Notes 4 and 8)
Residential mortgages 48,715 45,524
Consumer instalment and other personal 51,159 45,824
Credit cards 3,308 2,574
Businesses and governments 68,338 68,169
171,520 162,091
Customers’ liability under acceptances 7,001 7,640
Allowance for credit losses (1,878) (1,902)
176,643 167,829
Other Assets
Derivative instruments (Note 10) 49,759 47,898
Premises and equipment (Note 11) 1,560 1,634
Goodwill (Note 13) 1,619 1,569
Intangible assets (Note 13) 812 660
Other (Note 14) 9,192 8,754
62,942 60,515
Total Assets $ 411,640 $ 388,458
Liabilities and Shareholders’ Equity
Deposits (Note 15)
Banks $ 19,435 $ 22,973
Businesses and governments 130,773 113,738
Individuals 99,043 99,445
249,251 236,156
Other Liabilities
Derivative instruments (Note 10) 47,970 44,765
Acceptances (Note 16) 7,001 7,640
Securities sold but not yet purchased (Note 16) 16,438 12,064
Securities lent or sold under repurchase agreements (Note 16) 47,110 46,312
Other (Note 16) 17,414 15,938
135,933 126,719
Subordinated Debt (Note 17) 3,776 4,236
Capital Trust Securities (Note 18) 800 1,150
Shareholders’ Equity
Share capital (Note 20) 9,498 8,769
Contributed surplus 92 79
Retained earnings 12,848 11,748
Accumulated other comprehensive loss (558) (399)
21,880 20,197
Total Liabilities and Shareholders’ Equity $ 411,640 $ 388,458
The accompanying notes are an integral part of these consolidated financial statements.
Certain comparative figures have been reclassified to conform with the current year’s presentation.
William A. Downe Philip S. Orsino
President and Chief Executive Officer Chairman, Audit Committee