Canadian Mortgage Agreements by avn10660

VIEWS: 0 PAGES: 1

More Info
									Royal Bank of Canada 2002 Annual Report - Canadian GAAP

Consolidated balance sheet
As at October 31 ($ millions)                                                      2002        2001
Assets

Cash resources
  Cash and due from banks                                                   $     2,534 $     1,792
  Interest-bearing deposits with banks                                           18,789      15,743
                                                                                 21,323      17,535
Securities
  Trading account (pledged – $6,558 and $4,222)                                  68,328      58,192
  Investment account                                                             25,078      21,877
  Loan substitute                                                                   394         438
                                                                                 93,800      80,507
Assets purchased under reverse repurchase agreements                             35,831      35,870
Loans
  Residential mortgage                                                           72,840      67,442
  Personal                                                                       31,956      32,511
  Credit card                                                                      4,914       4,283
  Business and government                                                        61,751      67,152
                                                                                171,461     171,388
   Allowance for loan losses                                                     (2,203)     (2,278)
                                                                                169,258     169,110
Other
   Customers’ liability under acceptances                                         8,051       9,923
   Derivative-related amounts                                                    30,258      27,240
   Premises and equipment                                                         1,653       1,602
   Goodwill                                                                       5,004       4,919
   Other intangibles                                                                665         619
   Other assets                                                                  11,113      11,935
                                                                                 56,744      56,238
                                                                            $   376,956 $   359,260

Liabilities and shareholders’ equity

Deposits
  Personal                                                                  $   101,892 $   101,381
  Business and government                                                       119,591     107,141
  Bank                                                                           22,003      24,925
                                                                                243,486     233,447
Other
   Acceptances                                                                    8,051       9,923
   Obligations related to securities sold short                                  19,110      16,443
   Obligations related to assets sold under repurchase agreements                21,109      20,864
   Derivative-related amounts                                                    32,137      28,646
   Other liabilities                                                             26,197      23,780
                                                                                106,604      99,656
Subordinated debentures                                                           6,614       6,513
Non-controlling interest in subsidiaries                                          1,469       1,479
Shareholders’ equity
  Capital stock
     Preferred                                                                    1,545       2,024
     Common (shares issued and outstanding – 665,257,068 and 674,020,927)         7,057       6,973
  Retained earnings                                                              10,181       9,168
                                                                                 18,783      18,165
                                                                            $   376,956 $   359,260

   Gordon M. Nixon                                     Robert B. Peterson
   President & Chief Executive Officer                 Director

								
To top