TD Bank 2014 Annual Report Download - page 93

TD BANK GROUP ANNUAL REPORT 2014 MANAGEMENT’S DISCUSSION AND ANALYSIS 91
Liquid assets are held in The Toronto-Dominion Bank and multiple
domestic and foreign subsidiaries and branches and are summarized
in the following table.
The Bank’s monthly average liquid assets for the years ended
October 31 are summarized in the following table.
(billions of Canadian dollars) As at
October 31 October 31
2014 2013
The Toronto-Dominion Bank (Parent) $ 89.4 $ 57.7
Bank subsidiaries 150.2 143.3
Foreign branches 26.2 34.6
Total $ 265.8 $ 235.6
1 Certain comparative amounts have been reclassified to conform with
the presentation adopted in the current year.
(billions of Canadian dollars, except as noted) Average for the year ended
Securities
received as
collateral from
securities
financing and
Bank-owned derivative Encumbered Unencumbered
liquid assets transactions2
Total liquid assets liquid assets liquid assets2
October 31, 2014
Cash and due from Banks $ 0.3 $ – $ 0.3 –% $ – $ 0.3
Canadian government obligations 10.2 30.0 40.2 11 23.3 16.9
NHA MBS 40.0 0.7 40.7 11 4.7 36.0
Provincial government obligations 5.4 5.5 10.9 3 6.0 4.9
Corporate issuer obligations 9.6 3.4 13.0 4 0.7 12.3
Equities 23.3 3.8 27.1 8 5.0 22.1
Other marketable securities and/or loans 2.1 1.0 3.1 1 0.9 2.2
Total Canadian dollar-denominated 90.9 44.4 135.3 38 40.6 94.7
Cash and due from Banks 33.8 – 33.8 9 0.8 33.0
U.S. government obligations 1.0 30.5 31.5 9 30.5 1.0
U.S. federal agency obligations, including U.S. federal
agency mortgage-backed obligations 28.8 5.0 33.8 9 10.0 23.8
Other sovereign obligations 24.5 23.8 48.3 14 6.6 41.7
Corporate issuer obligations 49.5 4.7 54.2 15 8.5 45.7
Equities 8.8 2.8 11.6 3 1.8 9.8
Other marketable securities and/or loans 5.4 3.6 9.0 3 3.2 5.8
Total non-Canadian dollar-denominated 151.8 70.4 222.2 62 61.4 160.8
Total $ 242.7 $ 114.8 $ 357.5 100% $ 102.0 $ 255.5
October 31, 2013
Canadian government obligations $ 15.0 $ 28.8 $ 43.8 14% $ 23.8 $ 20.0
NHA MBS 39.8 0.5 40.3 12 7.8 32.5
Provincial government obligations 4.0 5.6 9.6 3 5.4 4.2
Corporate issuer obligations 6.6 3.5 10.1 3 0.6 9.5
Equities 21.4 4.0 25.4 8 5.3 20.1
Other marketable securities and/or loans 1.6 0.2 1.8 1 0.3 1.5
Total Canadian dollar-denominated 88.4 42.6 131.0 41 43.2 87.8
Cash and due from Banks 19.0 – 19.0 6 0.1 18.9
U.S. government obligations 3.0 28.6 31.6 10 29.9 1.7
U.S. federal agency obligations, including U.S. federal
agency mortgage-backed obligations 25.7 5.2 30.9 10 7.8 23.1
Other sovereign obligations 25.2 20.9 46.1 14 2.5 43.6
Corporate issuer obligations 37.0 2.4 39.4 12 4.9 34.5
Equities 5.3 1.8 7.1 2 1.1 6.0
Other marketable securities and/or loans 7.5 8.0 15.5 5 8.2 7.3
Total non-Canadian dollar-denominated 122.7 66.9 189.6 59 54.5 135.1
Total $ 211.1 $ 109.5 $ 320.6 100% $ 97.7 $ 222.9
SUMMARY OF UNENCUMBERED LIQUID ASSETS BY BANK, SUBSIDIARIES, AND BRANCHES1
TABLE 59
SUMMARY OF AVERAGE LIQUID ASSETS BY TYPE AND CURRENCY1
TABLE 60
1 Positions stated include gross asset values pertaining to secured borrowing/lending
and reverse-repurchase/repurchase businesses.
2 Liquid assets include collateral received that can be rehypothecated
or otherwise redeployed.