TD Bank 2012 Annual Report Download - page 120

TD BANK GROUP ANNUAL REPORT 2012 FINANCIAL RESULTS118
Unrealized Gains and Losses on Available-for-Sale Securities
The following tables summarize the unrealized gains and losses as at
October 31, 2012, October 31, 2011, and November 1, 2010.
Unrealized Gains and Losses on Available-for-Sale Securities
(millions of Canadian dollars) October 31, 2012
Costs/ Gross Gross
amortized unrealized unrealized Fair
cost1 gains losses value
Available-for-sale securities
Government and government-related securities
Canadian government debt
Federal $ 10,818 $ 38 $ 1 $ 10,855
Provinces 2,485 18 – 2,503
U.S. federal, state, municipal governments, and agencies debt 28,821 865 31 29,655
Other OECD government guaranteed debt 16,856 360 6 17,210
Mortgage-backed securities 1,134 8 – 1,142
60,114 1,289 38 61,365
Other debt securities
Asset-backed securities 24,868 222 45 25,045
Non-agency collateralized mortgage obligation portfolio 939 22 – 961
Corporate and other debt 7,587 294 23 7,858
33,394 538 68 33,864
Equity securities
Common shares 1,749 117 15 1,851
Preferred shares 194 38 – 232
1,943 155 15 2,083
Debt securities reclassified from trading2 1,165 130 31 1,264
Total available-for-sale securities3 $ 96,616 $ 2,112 $ 152 $ 98,576
October 31, 2011
Available-for-sale securities
Government and government-related securities
Canadian government debt
Federal $ 9,286 $ 32 $ 3 $ 9,315
Provinces 350 19 – 369
U.S. federal, state, municipal governments, and agencies debt 28,004 443 51 28,396
Other OECD government guaranteed debt 19,658 319 7 19,970
Mortgage-backed securities 651 10 – 661
57,949 823 61 58,711
Other debt securities
Asset-backed securities 22,516 504 73 22,947
Non-agency collateralized mortgage obligation portfolio 249 – – 249
Corporate and other debt 7,476 199 87 7,588
30,241 703 160 30,784
Equity securities
Common shares 1,584 207 35 1,756
Preferred shares 298 24 39 283
1,882 231 74 2,039
Debt securities reclassified from trading2 1,913 130 57 1,986
Total available-for-sale securities3 $ 91,985 $ 1,887 $ 352 $ 93,520
November 1, 2010
Available-for-sale securities
Government and government-related securities
Canadian government debt
Federal $ 11,654 $ 19 $ 3 $ 11,670
Provinces 370 18 – 388
U.S. federal, state, municipal governments, and agencies debt 11,071 200 29 11,242
Other OECD government guaranteed debt 19,556 389 16 19,929
Mortgage-backed securities 133 2 – 135
42,784 628 48 43,364
Other debt securities
Asset-backed securities 19,623 554 16 20,161
Corporate and other debt 16,476 356 24 16,808
36,099 910 40 36,969
Equity securities
Common shares 1,603 239 62 1,780
Preferred shares 326 34 14 346
1,929 273 76 2,126
Debt securities reclassified from trading2 3,928 331 31 4,228
Total available-for-sale securities3 $ 84,740 $ 2,142 $ 195 $ 86,687
1
Includes the foreign exchange translation of amortized cost balances at the
period-end spot rate.
2
Includes corporate and other debt securities, as at October 31, 2012, of
$1,264 million (October 31, 2011 – $1,986 million and November 1, 2010 –
$4,210 million) and fair value of government and government-insured
securities, as at October 31, 2012, of nil (October 31, 2011 – nil and November 1,
2010 – $18 million).
3
As at October 31, 2012, certain available-for-sale securities with a carrying value of
$5 million (October 31, 2011 – $3 million and November 1, 2010 – $202 million)
do not have quoted market prices in an active market, whose fair value cannot be
reliably measured and are carried at cost.