TD Bank 2014 Annual Report Download - page 124

TD BANK GROUP ANNUAL REPORT 2014 FINANCIAL RESULTS122
Consolidated Balance Sheet
(millions of Canadian dollars, except as noted) As at
October 31 October 31
2014 2013
ASSETS
Cash and due from banks $ 2,781 $ 3,581
Interest-bearing deposits with banks 43,773 28,583
46,554 32,164
Trading loans, securities, and other (Notes 5, 7) 101,173 101,940
Derivatives (Notes 5, 11) 55,363 49,461
Financial assets designated at fair value through profit or loss (Note 5) 4,745 6,532
Available-for-sale securities (Notes 5, 7) 63,008 79,544
224,289 237,477
Held-to-maturity securities (Note 7) 56,977 29,961
Securities purchased under reverse repurchase agreements 75,031 64,283
Loans (Note 8)
Residential mortgages 198,912 185,820
Consumer instalment and other personal 123,411 119,192
Credit card 25,570 22,222
Business and government 131,349 116,799
Debt securities classified as loans 2,695 3,744
481,937 447,777
Allowance for loan losses (Note 8) (3,028) (2,855)
Loans, net of allowance for loan losses 478,909 444,922
Other
Customers’ liability under acceptances 13,080 6,399
Investment in TD Ameritrade (Note 12) 5,569 5,300
Goodwill (Note 14) 14,233 13,293
Other intangibles (Note 14) 2,680 2,493
Land, buildings, equipment, and other depreciable assets (Note 15) 4,930 4,635
Deferred tax assets (Note 27) 2,008 1,800
Amounts receivable from brokers, dealers and clients 9,319 9,183
Other assets (Note 16) 11,163 10,111
62,982 53,214
Total assets $ 944,742 $ 862,021
LIABILITIES
Trading deposits (Notes 5, 17) $ 59,334 $ 50,967
Derivatives (Notes 5, 11) 50,776 49,471
Securitization liabilities at fair value (Notes 5, 9) 11,198 21,960
Other financial liabilities designated at fair value through profit or loss (Note 5) 3,250 12
124,558 122,410
Deposits (Note 17)
Personal 343,240 319,468
Banks 15,771 17,149
Business and government 241,705 204,988
600,716 541,605
Other
Acceptances 13,080 6,399
Obligations related to securities sold short (Note 5) 39,465 41,829
Obligations related to securities sold under repurchase agreements (Note 5) 45,587 34,414
Securitization liabilities at amortized cost (Note 9) 24,960 25,592
Amounts payable to brokers, dealers and clients 10,384 8,882
Insurance-related liabilities 6,079 5,586
Other liabilities (Note 18) 15,897 15,939
155,452 138,641
Subordinated notes and debentures (Note 19) 7,785 7,982
Total liabilities 888,511 810,638
EQUITY
Common shares (millions of shares issued and outstanding: Oct. 31, 2014 – 1,846.2, Oct. 31, 2013 – 1,838.9) (Note 21) 19,811 19,316
Preferred shares (millions of shares issued and outstanding: Oct. 31, 2014 – 88.0, Oct. 31, 2013 – 135.8) (Note 21) 2,200 3,395
Treasury shares – common (millions of shares held: Oct. 31, 2014 – (1.6), Oct. 31, 2013 – (3.9)) (Note 21) (54) (145)
Treasury shares – preferred (millions of shares held: Oct 31, 2014 – (0.04), Oct. 31, 2013 – (0.1)) (Note 21) (1) (2)
Contributed surplus 205 170
Retained earnings 27,585 23,982
Accumulated other comprehensive income (loss) 4,936 3,159
54,682 49,875
Non-controlling interests in subsidiaries (Note 22) 1,549 1,508
Total equity 56,231 51,383
Total liabilities and equity $ 944,742 $ 862,021
Certain comparative amounts have been restated to conform with the presentation
adopted in the current period.
The accompanying Notes are an integral part of these Consolidated Financial Statements.
Bharat B. Masrani William E. Bennett
Group President and Chair, Audit Committee
Chief Executive Officer