TD Bank 2003 Annual Report Download - page 94

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TD BANK FINANCIAL GROUP ANNUAL REPORT 2003 • Ten-year Statistical Review92
(millions of dollars) 2003 2002 2001
Condensed Consolidated Assets
Balance Sheet Cash resources $ 7,719 $ 6,538 $ 5,945
Securities purchased under resale agreements 17,475 13,060 20,205
Securities 79,665 82,197 97,194
Loans (net) 118,058 122,627 119,673
Other 50,615 53,618 44,821
Total $273,532 $278,040 $287,838
Liabilities
Deposits $182,880 $189,190 $193,914
Other 70,404 70,216 74,356
Subordinated notes and debentures 5,887 4,343 4,892
Non-controlling interest in subsidiaries 1,250 1,250 1,272
260,421 264,999 274,434
Shareholders’ equity
Capital stock – preferred 1,535 1,485 1,492
–common 3,179 2,846 2,259
Contributed surplus 9––
Foreign currency translation adjustments (130) 418 450
Retained earnings 8,518 8,292 9,203
13,111 13,041 13,404
Total $273,532 $278,040 $287,838
(millions of dollars) 2003 2002 2001
Net interest income $ 5,616 $ 5,300 $ 4,391
Provision for credit losses 186 2,925 920
Net interest income after credit loss provision 5,430 2,375 3,471
Other income 4,424 4,929 6,447
Net interest and other income 9,854 7,304 9,918
Non-interest expenses 8,364 7,752 8,654
Income (loss) before provision for (benefit of) income taxes and
non-controlling interest in net income of subsidiaries 1,490 (448) 1,264
Provision for (benefit of) income taxes 322 (445) (206)
Non-controlling interest in net income of subsidiaries 92 64 78
Net income (loss) 1,076 (67) 1,392
Preferred dividends 87 93 92
Net income (loss) applicable to common shares $ 989 $ (160) $ 1,300
(millions of dollars) 2003 2002 2001
Net interest income (TEB) $ 5,846 $ 5,522 $ 4,636
Provision for credit losses 186 2,925 620
Net interest income after credit loss provision 5,660 2,597 4,016
Other income 4,424 4,889 6,097
Net interest and other income 10,084 7,486 10,113
Non-interest expenses 7,592 6,754 6,925
Income before provision for income taxes and
non-controlling interest in net income of subsidiaries 2,492 732 3,188
Provision for income taxes (TEB) 833 133 939
Non-controlling interest in net income of subsidiaries 92 64 82
Net income 1,567 535 2,167
Preferred dividends 87 93 92
Net income applicable to common shares $ 1,480 $ 442 $ 2,075
Condensed Consolidated
Statement of Operations
– reported basis
Condensed Consolidated
Statement of Operations
– operating cash basis1
Ten-year Statistical Review