TD Bank 2012 Annual Report Download - page 175

TD BANK GROUP ANNUAL REPORT 2012 FINANCIAL RESULTS 173
CURRENT AND NON-CURRENT ASSETS AND LIABILITIES
NOTE 37
The following tables present an analysis of each asset and liability line
item based on remaining contractual maturity date (unless otherwise
noted below) as at October 31, 2012 and October 31, 2011. The
analysis may differ from how the Bank manages it’s exposure to liquidity
risk. Differences include (but are not limited to) such items as new
business volumes, renewals of loans or deposits, and how actively
customers exercise options.
Current and Non-Current Assets and Liabilities
(millions of Canadian dollars) October 31, 2012
Maturity No
Within After 1 Specific
1 year Year Maturity Total
Assets
Cash and due from banks $ 3,436 $ – $ – $ 3,436
Interest-bearing deposits with banks 21,692 – – 21,692
Trading loans, securities, and other 17,978 32,827 43,726 94,531
Derivatives 3,957 56,962 – 60,919
Financial assets designated at fair value through profit or loss 1,348 4,774 51 6,173
Available-for-sale securities 18,590 77,903 2,083 98,576
Securities purchased under reverse repurchase agreements 64,338 1,999 2,861 69,198
Loans1
Residential mortgages 72,185 99,987 – 172,172
Consumer instalments and other personal 19,064 23,773 75,090 117,927
Credit card – – 15,358 15,358
Business and government 39,182 43,093 18,766 101,041
Debt securities classified as loans 1,126 3,868 – 4,994
Total loans 131,557 170,721 109,214 411,492
Allowance for loan losses – – (2,644) (2,644)
Loans, net of allowance for loan losses 131,557 170,721 106,570 408,848
Customers’ liability under acceptances 7,223 – – 7,223
Investment in TD Ameritrade – – 5,344 5,344
Goodwill – – 12,311 12,311
Other intangibles – 2,217 – 2,217
Land, buildings, equipment, and other depreciable assets – 4,402 – 4,402
Current income tax receivable 439 – – 439
Deferred tax assets 189 348 346 883
Other assets2 13,224 183 1,507 14,914
$ 283,971 $ 352,336 $ 174,799 $ 811,106
Liabilities
Trading deposits $ 37,417 $ 1,357 $ – $ 38,774
Derivatives 5,403 59,594 – 64,997
Securitization liabilities at fair value 6,759 18,173 392 25,324
Other financial liabilities designated at fair value through profit or loss 15 2 – 17
Deposits
Personal 40,453 26,849 224,457 291,759
Banks 10,846 52 4,059 14,957
Business and Government 45,572 22,230 113,236 181,038
Total deposits 96,871 49,131 341,752 487,754
Acceptances 7,223 – – 7,223
Obligations related to securities sold short 8,402 16,813 8,220 33,435
Obligations related to securities sold under repurchase agreements 34,557 48 4,211 38,816
Securitization liabilities at amortized cost1 11,863 14,233 94 26,190
Provisions – – 656 656
Current income tax payable 167 – – 167
Deferred tax liabilities 41 157 129 327
Other liabilities3 19,099 2,944 2,815 24,858
Subordinated notes and debentures4 3,342 7,976 – 11,318
Liability for preferred shares – 26 – 26
Liability for capital trust securities5 – 1,874 350 2,224
$ 231,159 $ 172,328 $ 358,619 $ 762,106
1
Based on timing of contractual principal repayments.
2
For detailed breakdown, please refer to Note 14.
3
For detailed breakdown, please refer to Note 16.
4
Subsequent to year-end, on November 1, 2012, the Bank redeemed all of its
outstanding 5.38% subordinated notes due November 1, 2017.
5
Subsequent to year-end, on November 30, 2012, Trust II announced its intention
to redeem all of the outstanding TD CaTS II on December 31, 2012. See Note 19
for more details.