TD Bank 2014 Annual Report Download - page 181

TD BANK GROUP ANNUAL REPORT 2014 FINANCIAL RESULTS 179
The following table presents details of the Bank’s land, buildings,
equipment, and other depreciable assets as at October 31.
Land, Buildings, Equipment, and Other Depreciable Assets1
(millions of Canadian dollars) Furniture,
fixtures and
other
Computer depreciable Leasehold
Land Buildings equipment assets improvements Total
Cost
As at November 1, 2012 $ 860 $ 2,432 $ 669 $ 1,412 $ 1,271 $ 6,644
Additions 5 148 320 125 112 710
Acquisitions through business combinations – – – 2 5 7
Disposals – – (45) (66) (19) (130)
Impairment losses – – – – (2) (2)
Fully depreciated assets – (28) (12) (77) (30) (147)
Foreign currency translation adjustments and other (7) 116 (146) (28) 40 (25)
As at October 31, 2013 858 2,668 786 1,368 1,377 7,057
Additions 5 141 195 155 183 679
Acquisitions through business combinations – – – – – –
Disposals (6) (21) (51) (29) (24) (131)
Fully depreciated assets – (130) (86) (81) (65) (362)
Foreign currency translation adjustments and other 52 239 30 (130) 90 281
As at October 31, 2014 $ 909 $ 2,897 $ 874 $ 1,283 $ 1,561 $ 7,524
Accumulated depreciation and impairment/losses
As at November 1, 2012 $ – $ 691 $ 285 $ 754 $ 512 $ 2,242
Depreciation charge for the year – 102 165 146 99 512
Disposals – (1) (44) (45) (13) (103)
Impairment losses – 6 – 2 5 13
Fully depreciated assets – (28) (12) (77) (30) (147)
Foreign currency translation adjustments and other – 17 (52) (66) 6 (95)
As at October 31, 2013 – 787 342 714 579 2,422
Depreciation charge for the year – 125 182 126 109 542
Disposals – (4) (38) (22) (30) (94)
Impairment losses – – – 1 – 1
Fully depreciated assets – (130) (86) (81) (65) (362)
Foreign currency translation adjustments and other – 162 9 (106) 20 85
As at October 31, 2014 $ – $ 940 $ 409 $ 632 $ 613 $ 2,594
Net Book Value:
As at October 31, 2013 $ 858 $ 1,881 $ 444 $ 654 $ 798 $ 4,635
As at October 31, 2014 909 1,957 465 651 948 4,930
1
Certain comparative amounts have been reclassified to conform with the
presentation adopted in the current period.
LAND, BUILDINGS, EQUIPMENT, AND OTHER DEPRECIABLE ASSETS
NOTE 15
OTHER ASSETS
NOTE 16
Other Assets
(millions of Canadian dollars) As at
October 31 October 31
2014 2013
Accounts receivable and other items1 $ 6,540 $ 5,649
Accrued interest 1,330 1,260
Current income tax receivable 1,030 583
Defined benefit asset 15 56
Insurance-related assets, excluding investments 1,419 1,409
Prepaid expenses 829 1,154
Total $ 11,163 $ 10,111
1
Includes foreclosed assets as at October 31, 2014, of $180 million
(October 31, 2013 – $233 million) and FDIC indemnification assets as
at October 31, 2014, of $60 million (October 31, 2013 – $81 million).