Consolidated Financial Statements

Consolidated Balance Sheet

As at October 31 (Canadian $ in millions)		2007		2006


Assets
Cash Resources (Notes 2 and 28 PDF)	$	22,890	$	19,608

Securities (Notes 3 and 28 PDFs)
Trading		70,773		51,820
Investment (fair value $14,221 in 2006)		–		14,166
Available-for-sale		26,010		–
Other		1,494		1,414
Loan substitutes		–		11

		98,277		67,411

Loans (Notes 4, 7 and 28 PDFs)
Residential mortgages		52,429		63,321
Consumer instalment and other personal		33,189		30,418
Credit cards		4,493		3,631
Businesses and governments		62,650		56,030
Securities borrowed or purchased under resale agreements		37,093		31,429

		189,854		184,829
Customers’ liability under acceptances		12,389		7,223
Allowance for credit losses		(1,055)		(1,058)

		201,188		190,994

Other Assets
Derivative instruments (Note 9 PDF)		32,585		30,411
Premises and equipment (Note 10 PDF)		1,980		2,047
Goodwill (Note 13 PDF)		1,140		1,098
Intangible assets (Note 13 PDF)		124		152
Other (Note 14 PDF)		8,340		8,257

		44,169		41,965

Total Assets	$	366,524	$	319,978

Liabilities and Shareholders’ Equity
Deposits (Note 15 PDF)
Banks	$	34,100	$	26,632
Businesses and governments		121,748		100,848
Individuals		76,202		76,368

		232,050		203,848

Other Liabilities
Derivative instruments (Note 9 PDF)		33,584		31,446
Acceptances (Note 16 PDF)		12,389		7,223
Securities sold but not yet purchased (Note 16 PDF)		25,039		15,398
Securities lent or sold under repurchase agreements (Note 16 PDF)		31,263		31,918
Other (Note 16 PDF)		12,055		10,758

		114,330		96,743

Subordinated Debt (Note 18 PDF)		3,446		2,726

Preferred Share Liability (Note 21 PDF)		250		450

Capital Trust Securities (Note 19 PDF)		1,150		1,150

Shareholders’ Equity
Share capital (Note 21 PDF)		5,607		4,827
Contributed surplus (Note 22 PDF)		58		49
Retained earnings		11,166		10,974
Accumulated other comprehensive loss (Note 1 PDF)		(1,533)		(789)

		15,298		15,061

Total Liabilities and Shareholders’ Equity	$	366,524	$	319,978

The accompanying notes to consolidated financial statements (PDF, 465 KB) are an integral part of these statements. Certain comparative figures have been reclassified to conform with the current year’s presentation.