Consolidated Financial Statements

Consolidated Balance Sheet

As at October 31 (Canadian $ in millions)		2008		2007

Assets
Cash Resources (Note 2 PDF)	$	21,105	$	22,890

Securities (Note 3 PDF)
Trading		66,032		70,773
Available-for-sale		32,115		26,010
Other		1,991		1,494

		100,138		98,277

Loans (Notes 4 and 8 PDFs)
Residential mortgages		49,343		52,429
Consumer instalment and other personal		43,737		33,189
Credit cards		2,120		4,493
Businesses and governments		84,151		62,650
Securities borrowed or purchased under resale agreements		28,033		37,093

		207,384		189,854
Customers’ liability under acceptances		9,358		12,389
Allowance for credit losses		(1,747)		(1,055)

		214,995		201,188

Other Assets
Derivative instruments (Note 10 PDF)		65,586		32,585
Premises and equipment (Note 11 PDF)		2,227		1,980
Goodwill (Note 13 PDF)		1,635		1,140
Intangible assets (Note 13 PDF)		204		124
Other (Note 14 PDF)		10,160		8,340

		79,812		44,169

Total Assets	$	416,050	$	366,524

Liabilities and Shareholders’ Equity
Deposits (Note 15 PDF)
Banks	$	30,346	$	34,100
Businesses and governments		136,111		121,748
Individuals		91,213		76,202

		257,670		232,050

Other Liabilities
Derivative instruments (Note 10 PDF)		60,048		33,584
Acceptances (Note 16 PDF)		9,358		12,389
Securities sold but not yet purchased (Note 16 PDF)		18,792		25,039
Securities lent or sold under repurchase agreements (Note 16 PDF)		32,492		31,263
Other (Note 16 PDF)		14,071		12,055

		134,761		114,330

Subordinated Debt (Note 18 PDF)		4,315		3,446

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

Preferred Share Liability (Note 21 PDF)		250		250

Shareholders’ Equity
Share capital (Note 21 PDF)		6,454		5,607
Contributed surplus		69		58
Retained earnings		11,632		11,166
Accumulated other comprehensive loss		(251)		(1,533)

		17,904		15,298

Total Liabilities and Shareholders’ Equity	$	416,050	$	366,524

The accompanying notes are an integral part of these consolidated financial statements.