Consolidated Financial Statements

Consolidated Statement of Comprehensive Income

For the Year Ended October 31 (Canadian $ in millions) 2017   2016   2015

(1) Net of income tax (provision) recovery of $(21) million, $(64) million and $63 million for the year ended, respectively.

(2) Net of income tax provision of $36 million, $11 million and $24 million for the year ended, respectively.

(3) Net of income tax (provision) recovery of $322 million, $(4) million and $(188) million for the year ended, respectively.

(4) Net of income tax provision (recovery) of $(21) million, $(6) million and $14 million for the year ended, respectively.

(5) Net of income tax (provision) recovery of $(8) million, $(10) million and $167 million for the year ended, respectively.

(6) Net of income tax (provision) recovery of $(157) million, $156 million and $(51) million for the year ended, respectively.

(7) Net of income tax (provision) recovery of $53 million, $55 million and $(43) million for the year ended, respectively.

The accompanying notes are an integral part of these consolidated financial statements.

Net Income

$ 5,350 $ 4,631 $ 4,405

Other Comprehensive Income (Loss), net of taxes (Note 23 PDF)

           
Items that may subsequently be reclassified to net income            
Net change in unrealized gains (losses) on available-for-sale securities            
Unrealized gains (losses) on available-for-sale securities arising during the year (1)   95   151   (166)
Reclassification to earnings of (gains) in the year (2)   (87)   (28)   (65)
    8   123   (231)
Net change in unrealized gains (losses) on cash flow hedges            
Gains (losses) on cash flow hedges arising during the year (3)   (839)   (26)   528
Reclassification to earnings of (gains) losses on cash flow hedges (4)   61   10   (57)
    (778)   (16)   471
Net gains (losses) on translation of net foreign operations            
Unrealized gains (losses) on translation of net foreign operations   (885)   213   3,187
Unrealized gains (losses) on hedges of net foreign operations (5)   23   41   (482)
    (862)   254   2,705
Items that will not be reclassified to net income            
Gains (losses) on remeasurement of pension and other employee future benefit plans (6)   420   (422)   200
Gains (losses) on remeasurement of own credit risk on financial liabilities designated at fair value (Note 1 PDF) (7)   (148)   (153)   120
    272   (575)   320

Other Comprehensive Income (Loss), net of taxes (Note 23 PDF)

  (1,360)   (214)   3,265

Total Comprehensive Income

$ 3,990 $ 4,417 $ 7,670
Attributable to:            
Bank shareholders   3,988   4,408   7,635
Non-controlling interest in subsidiaries   2   9   35

Total Comprehensive Income

$ 3,990 $ 4,417 $ 7,670