TD Bank 2012 Annual Report Download - page 91

TD BANK GROUP ANNUAL REPORT 2012 FINANCIAL RESULTS 89
Consolidated Balance Sheet
(millions of Canadian dollars, except as noted) As at
October 31 October 31 November 1
2012 2011 2010
ASSETS
Cash and due from banks $ 3,436 $ 3,096 $ 2,574
Interest-bearing deposits with banks 21,692 21,016 19,136
25,128 24,112 21,710
Trading loans, securities, and other (Note 5) 94,531 73,353 63,695
Derivatives (Notes 5, 10) 60,919 59,845 51,470
Financial assets designated at fair value through profit or loss (Note 5) 6,173 4,236 2,150
Available-for-sale securities (Notes 5, 6) 98,576 93,520 86,687
260,199 230,954 204,002
Securities purchased under reverse repurchase agreements 69,198 56,981 50,658
Loans (Note 7)
Residential mortgages 172,172 155,471 136,181
Consumer instalment and other personal 117,927 115,389 107,371
Credit card 15,358 8,986 8,870
Business and government 101,041 93,144 83,205
Debt securities classified as loans 4,994 6,511 7,591
411,492 379,501 343,218
Allowance for loan losses (Note 7) (2,644) (2,314) (2,309)
Loans, net of allowance for loan losses 408,848 377,187 340,909
Other
Customers’ liability under acceptances 7,223 7,815 7,757
Investment in TD Ameritrade (Note 35) 5,344 5,159 5,438
Goodwill (Note 12) 12,311 12,257 12,313
Other intangibles (Note 12) 2,217 1,844 1,804
Land, buildings, equipment, and other depreciable assets (Note 13) 4,402 4,083 4,249
Current income tax receivable 439 288 623
Deferred tax assets (Note 26) 883 1,196 1,045
Other assets (Note 14) 14,914 13,617 16,901
47,733 46,259 50,130
Total assets $ 811,106 $ 735,493 $ 667,409
LIABILITIES
Trading deposits (Notes 5, 15) $ 38,774 $ 29,613 $ 22,991
Derivatives (Notes 5, 10) 64,997 61,715 52,552
Securitization liabilities at fair value (Notes 5, 8) 25,324 27,725 27,256
Other financial liabilities designated at fair value through profit or loss (Note 5) 17 32 31
129,112 119,085 102,830
Deposits (Note 15)
Personal 291,759 268,703 249,251
Banks 14,957 11,659 12,501
Business and government 181,038 169,066 143,121
487,754 449,428 404,873
Other
Acceptances 7,223 7,815 7,757
Obligations related to securities sold short (Note 5) 33,435 23,617 23,691
Obligations related to securities sold under repurchase agreements (Note 5) 38,816 25,991 22,191
Securitization liabilities at amortized cost (Note 8) 26,190 26,054 23,078
Provisions (Note 30) 656 536 440
Current income tax payable 167 167 1,041
Deferred tax liabilities (Note 26) 327 574 771
Other liabilities (Note 16) 24,858 24,418 25,690
131,672 109,172 104,659
Subordinated notes and debentures (Note 17) 11,318 11,543 12,249
Liability for preferred shares (Note 18) 26 32 582
Liability for capital trust securities (Note 19) 2,224 2,229 2,344
Total liabilities 762,106 691,489 627,537
EQUITY
Common shares (millions of shares issued and outstanding: Oct. 31, 2012 – 918.2, Oct. 31, 2011 – 902.4,
Nov.1, 2010 – 879.7) (Note 21) 18,691 17,491 15,804
Preferred shares (millions of shares issued and outstanding: Oct. 31, 2012 – 135.8, Oct. 31, 2011 – 135.8,
Nov. 1, 2010 – 135.8) (Note 21) 3,395 3,395 3,395
Treasury shares – common (millions of shares held: Oct. 31, 2012 – (2.1), Oct. 31, 2011 – (1.4),
Nov. 1 2010 – (1.2)) (Note 21) (166) (116) (91)
Treasury shares – preferred (millions of shares held: Oct. 31, 2012 – nil, Oct. 31, 2011 – nil,
Nov. 1, 2010 – nil) (Note 21) (1) – (1)
Contributed surplus 196 212 235
Retained earnings 21,763 18,213 14,781
Accumulated other comprehensive income (loss) 3,645 3,326 4,256
47,523 42,521 38,379
Non-controlling interests in subsidiaries (Note 20) 1,477 1,483 1,493
Total equity 49,000 44,004 39,872
Total liabilities and equity $ 811,106 $ 735,493 $ 667,409
Certain comparative amounts have been reclassified to conform with the presentation
adopted in the current year.
The accompanying Notes are an integral part of these Consolidated Financial Statements.
W. Edmund Clark William E. Bennett
Group President and Chair, Audit Committee
Chief Executive Officer