BMO Financial Group – Annual Report 2006

As at October 31 (Canadian $ in millions)		2006		2005


Assets			Restated (see Notes 3 and 21 PDF)
Cash Resources (Notes 2 and 27 PDF)	$	19,608	$	20,721

Securities (Notes 3 and 27 PDFs)
Investment (fair value $15,635 in 2006 and $12,933 in 2005)		15,580		12,936
Trading		51,820		44,087
Loan substitutes		11		11

		67,411		57,034

Loans (Notes 4 and 7 PDFs)
Residential mortgages		63,321		60,871
Consumer instalment and other personal		30,418		27,929
Credit cards		3,631		4,648
Businesses and governments		56,030		47,803
Securities borrowed or purchased under resale agreements		31,429		28,280

		184,829		169,531
Customers’ liability under acceptances (Note 4 PDF)		7,223		5,934
Allowance for credit losses (Note 4 PDF)		(1,058)		(1,128)

		190,994		174,337

Other Assets (Note 27 PDF)
Derivative financial instruments (Note 9 PDF)		30,411		31,517
Premises and equipment (Note 10 PDF)		2,047		1,847
Goodwill (Note 13 PDF)		1,098		1,091
Intangible assets (Note 13 PDF)		152		196
Other (Note 14 PDF)		8,257		7,119

		41,965		41,770

Total Assets	$	319,978	$	293,862

Liabilities and Shareholders’ Equity
Deposits (Note 15 PDF)
Banks	$	26,632	$	25,473
Businesses and governments		100,848		92,437
Individuals		76,368		75,883

		203,848		193,793

Other Liabilities
Derivative financial instruments (Note 9 PDF)		31,446		28,868
Acceptances (Note 16 PDF)		7,223		5,934
Securities sold but not yet purchased (Note 16 PDF)		15,398		16,142
Securities lent or sold under repurchase agreements (Note 16 PDF)		31,918		22,657
Other (Note 16 PDF)		10,758		8,557

		96,743		82,158

Subordinated Debt (Note 17 PDF)		2,726		2,469

Preferred Share Liability (Note 20 PDF)		450		450

Capital Trust Securities (Note 18 PDF)		1,150		1,150

Shareholders’ Equity
Share capital (Note 20 PDF)		4,827		4,618
Contributed surplus (Note 21 PDF)		49		35
Net unrealized foreign exchange loss		(789)		(612)
Retained earnings		10,974		9,801

		15,061		13,842

Total Liabilities and Shareholders’ Equity	$	319,978	$	293,862

The accompanying notes to consolidated financial statements (PDF, 908 KB) are an integral part of these statements. Certain comparative figures have been reclassified to conform with the current year’s presentation.