TD Bank 2006 Annual Report Download - page 122

Download and view the complete annual report

Please find page 122 of the 2006 TD Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 130

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130

Condensed Consolidated Statement of Changes in Shareholders’ Equity
(millions of Canadian dollars) 2006 2005 2004
Common shares $ 6,334 $ 5,872 $ 3,373
Preferred shares 425 – –
Contributed surplus 66 4020
Foreign currency translation adjustments (918) (696) (265)
Retained earnings 13,725 10,650 9,540
Total shareholders’ equity $ 19,632 $15,866 $ 12,668
Other Statistics – Reported
2006 2005 2004
Per common share11Basic earnings $6.39 $3.22 $ 3.41
2Diluted earnings26.34 3.20 3.39
3Dividends 1.78 1.58 1.36
4Book value 26.77 22.29 19.31
5Closing market price 65.10 55.70 48.98
6Closing market price to book value 2.43 2.50 2.54
7Closing market price appreciation 16.9% 13.7% 11.7%
8Total shareholder return 20.3 17.2 15.1
Performance ratios 9 Return on total common equity 25.5% 15.3% 18.5%
10 Return on risk-weighted assets 3.37 1.88 2.22
11 Efficiency ratio 59.5 73.8 75.1
12 Net interest rate margin 2.02 2.09 2.26
13 Common dividend payout ratio 27.9 49.3 39.9
14 Dividend yield32.9 3.0 3.0
15 Price earnings ratio410.3 17.4 14.5
Asset quality 16 Net impaired loans as a % of net loans5(.5)% (.6)% (.5)%
17 Net impaired loans as a % of common equity (4.7) (6.0) (5.1)
18 Provision for credit losses as a % of net average loans5.25 .04 (.30)
Capital ratios 19 Tier 1 capital to risk-weighted assets 12.0%10.1% 12.6%
20 Total capital to risk-weighted assets 13.1 13.2 16.9
21 Common equity to total assets 4.9 4.3 4.1
Other 22 Number of common shares outstanding (thousands)1717,416 711,812 655,902
23 Market capitalization (millions of Canadian dollars)$46,704 $ 39,648 $32,126
24 Average number of employees651,147 50,991 42,843
25 Number of retail outlets71,691 1,473 1,034
26 Number of retail brokerage offices 208 329 256
27 Number of Automated Banking Machines 3,256 2,969 2,407
Other Statistics – Adjusted
2006 2005 2004
Per common share11Basicearnings $4.70 $4.17 $3.80
2Diluted earnings24.66 4.14 3.77
Performance ratios 3 Return on total common equity 18.7% 19.6% 20.6%
4Return on risk-weighted assets 2.46 2.42 2.39
5Efficiency ratio 62.2 65.0 66.0
6Common dividend payout ratio 38.1 38.4 35.8
7Price earnings ratio414.0 13.5 13.0
TD BANK FINANCIAL GROUP ANNUAL REPORT 2006 Ten-year Statistical Review
118
Ten-year Statistical Review