Bank of Montreal 2015 Annual Report Download - page 115

Supplemental Information
SUPPLEMENTAL INFORMATION
Table 11: Changes in Gross Impaired Loans –
Segmented Information (6)
($ millions) Canada United States Other countries
As at October 31 2015 2014 2013 2012 2011 2015 2014 2013 2012 2011 2015 2014 2013 2012 2011
Gross impaired loans and acceptances (GIL),
beginning of year
Consumer 398 348 338 371 412 678 702 646 388 309 –––––
Businesses and governments 344 406 548 586 540 623 1,081 1,401 1,326 1,551 57431482
Total GIL, beginning of year 742 754 886 957 952 1,301 1,783 2,047 1,714 1,860 57431482
Additions to impaired loans and acceptances
Consumer 617 643 584 533 573 526 529 637 764 333 –––––
Businesses and governments 231 285 294 352 424 542 685 931 1,416 661 5– 3 36 1
Total additions 848 928 878 885 997 1,068 1,214 1,568 2,180 994 5– 3 36 1
Reductions to impaired loans and
acceptances (1)
Consumer (479) (431) (416) (386) (413) (432) (321) (243) (45) 7 –––––
Businesses and governments (151) (224) (274) (314) (242) (239) (859) (973) (880) (597) (5) (2) (36) (6) (40)
Total reductions due to net repayments
and other (630) (655) (690) (700) (655) (671) (1,180) (1,216) (925) (590) (5) (2) (36) (6) (40)
Write-offs
Consumer (177) (162) (158) (180) (201) (215) (232) (338) (461) (261) –––––
Businesses and governments (142) (123) (162) (76) (136) (169) (284) (278) (461) (289) (1) – (3) (1) (29)
Total write-offs (319) (285) (320) (256) (337) (384) (516) (616) (922) (550) (1) – (3) (1) (29)
Gross impaired loans and acceptances,
end of year
Consumer 359 398 348 338 371 557 678 702 646 388 –––––
Businesses and governments 282 344 406 548 586 757 623 1,081 1,401 1,326 45 7 43 14
Total GIL, end of year 641 742 754 886 957 1,314 1,301 1,783 2,047 1,714 45 7 43 14
Condition Ratios
GIL as a % of Gross Loans (2)
Consumer 0.23 0.27 0.24 0.26 0.31 2.18 2.87 3.12 3.03 1.74 –––––
Businesses and governments 0.40 0.54 0.68 1.00 1.15 1.01 1.10 2.34 3.28 3.20 0.04 0.04 0.10 0.91 0.30
Total Loans and Acceptances 0.29 0.35 0.37 0.47 0.56 1.30 1.62 2.60 3.20 2.69 0.04 0.04 0.10 0.91 0.30
GIL as a % of equity and allowance for
credit losses (3) (4) (5) un un un un un un un un un un un un un un un
2011 has not been restated to reflect the new IFRS standards adopted in 2014. The adoption of new IFRS standards in 2015 only impacted our results prospectively.
(1) Includes amounts returning to performing status, sales, repayments, the impact of foreign exchange, and offsets for consumer write-offs that are not recognized as formations.
(2) Certain balances and ratios (coverage, condition and performance) for fiscal 2012 were restated in 2013 to conform to the current period’s presentation.
(3) Ratio is presented including purchased portfolios and prior periods have been restated.
(4) Effective in 2011, total equity includes non-controlling interest in subsidiaries. In addition, geographic allocations are not available, as equity is not allocated on a country of risk basis.
(5) Certain condition and performance ratios for 2013 and 2012 were restated in 2014 to conform to the current period’s presentation.
(6) GIL excludes Purchased Credit Impaired Loans.
un – unavailable
126 BMO Financial Group 198th Annual Report 2015
Total
2015 2014 2013 2012 2011
1,076 1,050 984 759 721
972 1,494 1,992 1,926 2,173
2,048 2,544 2,976 2,685 2,894
1,143 1,172 1,221 1,297 906
778 970 1,228 1,804 1,086
1,921 2,142 2,449 3,101 1,992
(911) (752) (659) (431) (406)
(395) (1,085) (1,283) (1,200) (879)
(1,306) (1,837) (1,942) (1,631) (1,285)
(392) (394) (496) (641) (462)
(312) (407) (443) (538) (454)
(704) (801) (939) (1,179) (916)
916 1,076 1,050 984 759
1,043 972 1,494 1,992 1,926
1,959 2,048 2,544 2,976 2,685
0.51 0.62 0.63 0.64 0.53
0.67 0.74 1.32 1.95 1.99
0.58 0.67 0.91 1.17 1.12
4.67 5.49 7.68 9.46 8.98
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