TD Bank 2014 Annual Report Download - page 183

TD BANK GROUP ANNUAL REPORT 2014 FINANCIAL RESULTS 181
Term Deposits due within a Year
(millions of Canadian dollars) As at
October 31 October 31
2014
2013
Over 3 Over 6
Within months to months to
3 months 6 months 12 months Total Total
Personal $ 11,752 $ 6,616 $ 11,031 $ 29,399 $ 36,009
Banks 10,387 1,239 876 12,502 13,115
Business and government 27,924 3,905 17,359 49,188 46,162
Designated at fair value through profit or loss1 505 446 898 1,849 –
Trading 25,661 11,242 20,752 57,655 49,592
Total $ 76,229 $ 23,448 $ 50,916 $ 150,593 $ 144,878
1
Included in Other financial liabilities designated at fair value through profit
or loss on the Consolidated Balance Sheet.
SUBORDINATED NOTES AND DEBENTURES
NOTE 19
Subordinated notes and debentures are direct unsecured obligations
of the Bank or its subsidiaries and are subordinated in right of payment
to the claims of depositors and certain other creditors. Redemptions,
cancellations, exchanges, and modifications of subordinated deben-
tures qualifying as regulatory capital are subject to the consent and
approval of OSFI.
Subordinated Notes and Debentures
(millions of Canadian dollars, except as noted) As at
Earliest par
Interest redemption October 31 October 31
Maturity date rate (%) date 2014 2013
August 2014 10.05 – $ – $ 149
April 2020 5.481 April 2015 869 871
November 2020 3.372 November 2015 997 1,000
September 20223 4.644 September 2017 268 270
July 2023 5.835 July 2018 650 650
May 2025 9.15 – 199 199
October 2104 4.976 October 2015 796 796
December 2105 4.787 December 2016 2,211 2,247
December 2106 5.768 December 2017 1,795 1,800
Total $ 7,785 $ 7,982
1
For the period to but excluding the earliest par redemption date and thereafter
at a rate of 3-month Bankers’ Acceptance rate plus 2.00%.
2
For the period to but excluding the earliest par redemption date and thereafter
at a rate of 3-month Bankers’ Acceptance rate plus 1.25%.
3
Obligation of a subsidiary.
4
For the period to but excluding the earliest par redemption date and thereafter
at a rate of 3-month Bankers’ Acceptance rate plus 1.00%.
5
For the period to but excluding the earliest par redemption date and thereafter
at a rate of 3-month Bankers’ Acceptance rate plus 2.55%.
6
For the period to but excluding the earliest par redemption date and thereafter
resets every 5 years at a rate of 5-year Government of Canada yield plus 1.77%.
7
For the period to but excluding the earliest par redemption date and thereafter
resets every 5 years at a rate of 5-year Government of Canada yield plus 1.74%.
8
For the period to but excluding the earliest par redemption date and thereafter
resets every 5 years at a rate of 5-year Government of Canada yield plus 1.99%.
OTHER LIABILITIES
NOTE 18
Other Liabilities
(millions of Canadian dollars) As at
October 31 October 31
2014
2013
Accounts payable, accrued expenses and other items $ 3,666 $ 2,887
Accrued interest 943 1,077
Accrued salaries and employee benefits 2,653 2,286
Cheques and other items in transit 237 1,077
Current income tax payable 34 137
Deferred tax liabilities 287 321
Defined benefit liability 2,393 1,715
Liabilities related to structured entities 5,053 5,743
Provisions 631 696
Total $ 15,897 $ 15,939