TD Bank 2009 Annual Report Download - page 137

Download and view the complete annual report

Please find page 137 of the 2009 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 158

  • 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
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158

TD BANK FINANCIAL GROUP ANNUAL REPORT 2009 FINANCIAL RESULTS 133
Financial Assets and Liabilities Measured at Fair Value by Valuation Methodology
(millions of Canadian dollars) 2009
Total
Level 1 Level 2 Level 3 fair value
FINANCIAL ASSETS
Trading securities1
Government and government-related securities
Canadian government debt
Federal $ 4,426 $ 5,580 $ 15 $ 10,021
Provinces – 2,605 4 2,609
U.S. Federal, state, municipal governments, and agencies debt 542 4,509 39 5,090
Other OECD government guaranteed debt – 2,010 4 2,014
Mortgage-backed securities
Residential – 1,289 – 1,289
Other debt securities
Canadian issuers 34 2,439 48 2,521
Other issuers – 6,498 312 6,810
Equity securities
Preferred shares 33 – – 33
Common shares 21,818 775 1 22,594
Retained interests – – 1,339 1,339
Total trading securities $ 26,853 $ 25,705 $ 1,762 $ 54,320
Available-for-sale securities
Government and government-related securities
Canadian government debt
Federal $ 10,679 $ 202 $ – $ 10,881
Provinces – 380 – 380
U.S. Federal, state, municipal governments, and agencies debt 6 6,166 – 6,172
Other OECD government guaranteed debt 447 10,363 – 10,810
Mortgage-backed securities
Residential – 19,145 – 19,145
Other debt securities
Asset-backed securities 97 11,963 – 12,060
Corporate and other debt 1,045 15,875 – 16,920
Equity securities
Preferred shares 111 – – 111
Common shares 89 68 – 157
Debt securities reclassified from trading2– 5,795 168 5,963
Total available-for-sale securities $ 12,474 $ 69,957 $ 168 $ 82,599
Loans1$ – $ 328 $ 22 $ 350
Derivatives 895 47,399 1,151 49,445
FINANCIAL LIABILITIES
Trading deposits $ – $ 34,479 $ 940 $ 35,419
Obligations related to securities sold short 6,741 10,892 8 17,641
Derivatives 885 45,585 1,682 48,152
1Trading securities and loans include securities and loans, respectively designated
as trading under the fair value option.
2Includes fair value of government and government-insured securities as at
October 31, 2009 of $38 million and other debt securities as at October 31, 2009
of $5,925 million.
The following table presents as at October 31, 2009, the level
within the fair value hierarchy for each of the financial assets and
liabilities measured at fair value: