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For the year ended October 31 2006 2005 2004 
 

Income Statement Highlights

 (Canadian $ in millions)
Total revenue (teb) (a) (c) 10,112 9,958 9,488 
Provision for (recovery of) credit losses 176 179 (103)
Non-interest expense 6,353 6,332 6,169 
Net income 2,663 2,396 2,295 
 
Common Share Data ($) (b)
Earnings per share 5.15 4.63 4.40 
Cash earnings per share (c) 5.23 4.78 4.55 
 
Key Financial Measures (%) (b)  
Five-year average annual total shareholder return 19.1 13.8 18.9 
Earnings per share growth (b) 11.2 5.2 27.9 
Return on equity 19.2 18.8 19.4 
Revenue growth (teb) (c) 1.5 5.0 3.7 
Cash productivity ratio (teb) (c) 62.4 62.6 63.9 
– improvement (bps) 25 129 145 
Provision for credit losses as a % of average net loans and acceptances 0.09 0.11 (0.07)
– specific provision ($ millions) 211 219 67 
Tier 1 Capital Ratio 10.22 10.30 9.84 
 

All ratios and percentage changes in this report are based on unrounded numbers.

(a) All revenues in this report, except in the Consolidated Financial Statements, are reported on a taxable equivalent basis (teb). See 2006 Financial Performance Review (PDF, 297 KB) section of MD&A.

(b) All earnings per share (EPS) measures in this report refer to diluted EPS, unless otherwise specified.

(c) This is a non-GAAP measure. See Non-GAAP Measures in the 2006 Financial Performance Review (PDF, 297 KB) section of the MD&A.
Net Income (Cdn $ billions) Earnings Per Share (Cdn $) Return on Equity (%) One-Year Total Shareholder Return (%)

BMO Financial Group Annual Report 2006 Home