TD Bank 2009 Annual Report Download - page 102

TD BANK FINANCIAL GROUP ANNUAL REPORT 2009 FINANCIAL RESULTS98
Securities Maturity Schedule
(millions of Canadian dollars) Remaining term to maturity1
Over Over Over With no
Within 1 year to 3 years to 5 years to Over specific 2009 2008
1 year 3 years 5 years 10 years 10 years maturity Total Total
Held-to-maturity securities3
Government and government-related securities
Canadian government debt
Federal $ 369 $ 30 $ – $ – $ – $ – $ 399 $ 226
U.S. Federal, state, municipal governments, and agencies debt 623 367 368 – – – 1,358 1,264
Other OECD government guaranteed debt 1,440 2,438 3,389 – – – 7,267 5,132
2,432 2,835 3,757 – – – 9,024 6,622
Other debt securities
Other issuers 423 128 87 – – – 638 2,885
423 128 87 – – – 638 2,885
Total held-to-maturity securities $ 2,855 $ 2,963 $ 3,844 $ – $ – $ – $ 9,662 $ 9,507
Total securities $ 28,473 $ 32,790 $ 41,088 $ 9,406 $ 11,326 $ 25,740 $ 148,823 $ 144,125
1As a result of the 2009 Amendments to CICA Handbook Section 3855, certain
available-for-sale and held-to-maturity securities were reclassified to loans, as
described in Note 1a).
2Includes fair value of government and government-insured securities as at
October 31, 2009 of $38 million (2008 – $41 million) and other debt securities
as at October 31, 2009 of $5,925 million (2008 – $7,314 million).
3As at October 31, 2009, equity securities in the available-for-sale portfolio with
a carrying value of $2,242 million (2008 – $1,504 million) do not have quoted
market prices and are carried at cost. The fair value of these equity securities
was $2,471 million (2008 – $1,790 million) and is included in the table above.
Unrealized Securities Gains and Losses
(millions of Canadian dollars) 2009 2008
Cost/ Gross Gross Cost/ Gross Gross
amortized unrealized unrealized Fair amortized unrealized unrealized Fair
cost gains losses value cost gains losses value
Available-for-sale securities1
Government and government-related securities
Canadian government debt
Federal $ 10,872 $ 9 $ – $ 10,881 $ 10,363 $ 14 $ 2 $ 10,375
Provinces 368 12 – 380 231 3 1 233
U.S. Federal, state, municipal governments, and agencies debt 6,676 102 47 6,731 5,295 12 149 5,158
Other OECD government guaranteed debt 10,712 125 21 10,816 22 – – 22
Mortgage-backed securities
Residential 19,016 385 256 19,145 29,118 401 728 28,791
47,644 633 324 47,953 45,029 430 880 44,579
Other debt securities
Asset-backed securities
Other asset-backed securities 12,010 104 54 12,060 9,178 1 290 8,889
Non-agency collateralized mortgage obligation portfolio ––––9,329 11 905 8,435
Corporate and other debt 16,422 532 4 16,950 2,601 1 40 2,562
28,432 636 58 29,010 21,108 13 1,235 19,886
Debt securities reclassified from trading25,787 299 123 5,963 8,219 2,154 3,018 7,355
Equity securities3
Preferred shares 370 49 30 389 452 70 22 500
Common shares 1,509 317 71 1,755 2,791 540 244 3,087
1,879 366 101 2,144 3,243 610 266 3,587
Total available-for-sale securities $ 83,742 $ 1,934 $ 606 $ 85,070 $ 77,599 $ 3,207 $ 5,399 $ 75,407
Held-to-maturity securities1
Government and government-related securities
Canadian government debt
Federal $ 399 $ – $ – $ 399 $ 226 $ – $ – $ 226
U.S. Federal, state, municipal governments, and agencies debt 1,358 34 – 1,392 1,264 – – 1,264
Other OECD government guaranteed debt 7,267 187 1 7,453 5,132 66 13 5,185
Other debt securities
Other issuers 638 15 – 653 2,885 14 12 2,887
638 15 – 653 2,885 14 12 2,887
Total held-to-maturity securities $ 9,662 $ 236 $ 1 $ 9,897 $ 9,507 $ 80 $ 25 $ 9,562
Total securities $ 93,404 $ 2,170 $ 607 $ 94,967 $ 87,106 $ 3,287 $ 5,424 $ 84,969
1Represents contractual maturities. Actual maturities may differ due to prepayment
privileges in the applicable contract.
2Trading securities include securities designated as trading under the fair
value option.
3As a result of the 2009 Amendments to CICA Handbook Section 3855, certain
available-for-sale and held-to-maturity securities were reclassified to loans, as
described in Note 1a).