2nd Quarter Results
To view the PDF, please see the link below.
http://www.rns-pdf.londonstockexchange.com/rns/6038Z_-2016-5-27.pdf
Interim Condensed Consolidated Financial Statements (unaudited) |
Interim Condensed Consolidated Balance Sheets (unaudited) |
As at | ||||
(Millions of Canadian dollars) | April 30 2016 | January 31 2016 | October 31 2015 | April 30 2015 |
Assets | ||||
Cash and due from banks | $ 14,845 | $ 17,050 | $ 12,452 | $ 18,393 |
Interest-bearing deposits with banks | 29,229 | 24,636 | 22,690 | 4,402 |
Securities (Note 4) | ||||
Trading | 151,952 | 161,442 | 158,703 | 169,763 |
Available-for-sale | 72,419 | 72,269 | 56,805 | 52,880 |
224,371 | 233,711 | 215,508 | 222,643 | |
Assets purchased under reverse repurchase agreements and securities borrowed | 184,825 | 196,295 | 174,723 | 163,368 |
Loans (Note 5) | ||||
Retail | 359,863 | 360,763 | 348,183 | 336,064 |
Wholesale | 150,602 | 157,592 | 126,069 | 114,283 |
510,465 | 518,355 | 474,252 | 450,347 | |
Allowance for loan losses (Note 5) | (2,271 ) | (2,169 ) | (2,029 ) | (2,037 ) |
508,194 | 516,186 | 472,223 | 448,310 | |
Segregated fund net assets | 882 | 839 | 830 | 780 |
Other | ||||
Customers' liability under acceptances | 13,844 | 12,882 | 13,453 | 12,637 |
Derivatives | 115,298 | 132,560 | 105,626 | 107,004 |
Premises and equipment, net | 2,970 | 3,084 | 2,728 | 2,595 |
Goodwill | 11,200 | 12,016 | 9,289 | 8,890 |
Other intangibles | 4,526 | 4,872 | 2,814 | 2,779 |
Other assets | 40,173 | 46,221 | 41,872 | 40,371 |
188,011 | 211,635 | 175,782 | 174,276 | |
Total assets | $ 1,150,357 | $ 1,200,352 | $ 1,074,208 | $ 1,032,172 |
Liabilities and equity | ||||
Deposits (Note 7) | ||||
Personal | $ 243,882 | $ 239,190 | $ 220,566 | $ 215,903 |
Business and government | 479,821 | 510,231 | 455,578 | 415,311 |
Bank | 17,751 | 20,147 | 21,083 | 20,337 |
741,454 | 769,568 | 697,227 | 651,551 | |
Segregated fund net liabilities | 882 | 839 | 830 | 780 |
Other | ||||
Acceptances | 13,844 | 12,882 | 13,453 | 12,637 |
Obligations related to securities sold short | 47,121 | 51,931 | 47,658 | 54,314 |
Obligations related to assets sold under repurchase agreements and securities loaned | 96,574 | 99,310 | 83,288 | 81,207 |
Derivatives | 116,479 | 132,023 | 107,860 | 112,219 |
Insurance claims and policy benefit liabilities | 8,644 | 8,319 | 9,110 | 9,373 |
Other liabilities | 47,669 | 45,738 | 43,476 | 44,049 |
330,331 | 350,203 | 304,845 | 313,799 | |
Subordinated debentures (Note 9) | 9,564 | 9,854 | 7,362 | 7,795 |
Total liabilities | 1,082,231 | 1,130,464 | 1,010,264 | 973,925 |
Equity attributable to shareholders | ||||
Preferred shares (Note 9) | 6,713 | 6,204 | 5,098 | 4,652 |
Common shares (shares issued - 1,486,894,941, 1,487,824,278, 1,443,954,789 and 1,441,744,354) (Note 9) | 17,796 | 17,862 | 14,611 | 14,452 |
Retained earnings | 39,590 | 38,856 | 37,811 | 34,142 |
Other components of equity | 3,439 | 6,393 | 4,626 | 3,185 |
67,538 | 69,315 | 62,146 | 56,431 | |
Non-controlling interests | 588 | 573 | 1,798 | 1,816 |
Total equity | 68,126 | 69,888 | 63,944 | 58,247 |
Total liabilities and equity | $ 1,150,357 | $ 1,200,352 | $ 1,074,208 | $ 1,032,172 |
The accompanying notes are an integral part of these Interim Condensed Consolidated Financial Statements.