Consolidated Financial Statements

Consolidated Balance Sheet

As at October 31 (Canadian $ in millions)   2018   2017

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

Certain comparative figures have been reclassified to conform with the current year’s presentation.

Assets

       

Cash and Cash Equivalents (Note 2 PDF)

$ 42,142 $ 32,599

Interest Bearing Deposits with Banks (Note 2 PDF)

  8,305   6,490

Securities (Note 3 PDF)

  180,935   163,198

Securities Borrowed or Purchased Under Resale Agreements (Note 4 PDF)

  85,051   75,047

Loans (Notes 4 and 6 PDFs)

       
Residential mortgages   119,620   115,258
Consumer instalment and other personal   63,225   61,944
Credit cards   8,329   8,071
Businesses and governments   194,456   175,067
    385,630   360,340
Allowance for credit losses (Notes 1 and 4 PDFs)   (1,639)   (1,833)
    383,991   358,507

Other Assets

       
Derivative instruments (Note 8 PDF)   26,204   28,951
Customers’ liability under acceptances (Note 12 PDF)   18,585   16,546
Premises and equipment (Note 9 PDF)   1,986   2,033
Goodwill (Note 11 PDF)   6,373   6,244
Intangible assets (Note 11 PDF)   2,272   2,159
Current tax assets   1,515   1,371
Deferred tax assets (Note 22 PDF)   2,037   2,865
Other (Note 12 PDF)   14,652   13,570
    73,624   73,739

Total Assets

$ 774,048 $ 709,580

Liabilities and Equity

       

Deposits (Note 13 PDF)

$ 522,051 $ 479,792

Other Liabilities

       
Derivative instruments (Note 8 PDF)   24,411   27,804
Acceptances (Note 14 PDF)   18,585   16,546
Securities sold but not yet purchased (Note 14 PDF)   28,804   25,163
Securities lent or sold under repurchase agreements (Note 14 PDF)   66,684   55,119
Securitization and structured entities’ liabilities (Notes 6 and 7 PDFs)   25,051   23,054
Current tax liabilities   50   125
Deferred tax liabilities (Note 22 PDF)   74   233
Other (Note 14 PDF)   35,829   32,361
    199,488   180,405

Subordinated Debt (Note 15 PDF)

  6,782   5,029

Equity

       
Preferred shares (Note 16 PDF)   4,340   4,240
Common shares (Note 16 PDF)   12,929   13,032
Contributed surplus   300   307
Retained earnings   25,856   23,709
Accumulated other comprehensive income   2,302   3,066

Total Equity

  45,727   44,354

Total Liabilities and Equity

$ 774,048 $ 709,580