 |   |
 |  |  |  |  |  |  |  |
U.S.
GAAPU.S.
GAAP Management’s
responsibility for financial reporting | ||||
| Consolidated balance sheet | ||||
| As at October 31 (C$ millions) | 2002 | 2001 | ||
| Assets | ||||
| Cash resources | ||||
| Cash and due from banks | $ | 2,534 | $ | 1,792 |
| Interest-bearing deposits with banks | 18,759 | 15,724 | ||
| 21,293 | 17,516 | |||
| Securities | ||||
| Trading account (pledged - $6,558 and $4,222) | 69,457 | 58,413 | ||
| Available for sale | 25,896 | 22,687 | ||
| 95,353 | 81,100 | |||
| Assets purchased under reverse repurchase agreements | 35,831 | 35,870 | ||
| Loans | ||||
| Residential mortgage | 72,842 | 67,444 | ||
| Personal | 31,956 | 32,511 | ||
| Credit card | 4,914 | 4,283 | ||
| Business and government | 61,811 | 66,939 | ||
| 171,523 | 171,177 | |||
| Allowance for loan losses | (2,203) | (2,278) | ||
| 169,320 | 168,899 | |||
| Other | ||||
| Customers’ liability under acceptances | 8,051 | 9,923 | ||
| Derivative-related amounts | 31,250 | 28,642 | ||
| Premises and equipment | 1,639 | 1,598 | ||
| Goodwill | 5,040 | 4,952 | ||
| Other intangibles | 665 | 619 | ||
| Other assets | 13,490 | 13,364 | ||
| 60,135 | 59,098 | |||
| $ | 381,932 | $ | 362,483 | |
| Liabilities and shareholders’ equity | ||||
| Deposits | ||||
| Canada | ||||
| Non-interest-bearing | $ | 23,222 | $ | 22,397 |
| Interest-bearing | 119,737 | 118,161 | ||
| International | ||||
| Non-interest-bearing | 2,969 | 2,461 | ||
| Interest-bearing | 99,112 | 92,668 | ||
| 245,040 | 235,687 | |||
| Other | ||||
| Acceptances | 8,051 | 9,923 | ||
| Obligations related to securities sold short | 17,990 | 16,037 | ||
| Obligations related to assets sold under repurchase agreements | 21,109 | 20,864 | ||
| Derivative-related amounts | 32,737 | 29,448 | ||
| Other liabilities | 29,821 | 23,979 | ||
| 109,708 | 100,251 | |||
| Subordinated debentures | 6,960 | 6,861 | ||
| Non-controlling interest in subsidiaries | 1,469 | 1,479 | ||
| Shareholders’ equity | ||||
| Capital stock | ||||
| Preferred | 1,515 | 1,990 | ||
| Common (shares issued and outstanding – 665,257,068 and 674,020,927) | 7,039 | 6,959 | ||
| Retained earnings | 10,473 | 9,311 | ||
| Accumulated other comprehensive income | (272) | (55) | ||
| 18,755 | 18,205 | |||
| $ | 381,932 | $ | 362,483 | |
| | ||||
Consolidated balance sheet
Gordon M. Nixon | Robert B. Peterson Director |
