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Consolidated statement of cash flows - CAD ($)
$ in Millions
12 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2016
Cash flows provided by (used in) operating activities      
Net income $ 5,284 $ 4,718 $ 4,295
Adjustments to reconcile net income to cash flows provided by (used in) operating activities:      
Provision for credit losses 870 829 1,051
Amortization and impairment 657 542 462
Stock options and restricted shares expense 31 7 5
Deferred income taxes 69 21 (20)
Losses (gains) from debt securities measured at FVOCI and amortized cost 35    
Available for sale debt and equity securities (gains), net   (143) (73)
Net losses (gains) on disposal of land, buildings and equipment (14) (305) (72)
Other non-cash items, net (292) (15) (692)
Net changes in operating assets and liabilities      
Interest-bearing deposits with banks (2,599) 394 4,919
Loans, net of repayments (16,155) (30,547) (27,464)
Deposits, net of withdrawals 20,770 18,407 28,440
Obligations related to securities sold short 69 3,375 532
Accrued interest receivable (341) (34) (98)
Accrued interest payable 205 90 (72)
Derivative assets 2,780 3,588 (1,425)
Derivative liabilities (2,084) (5,549) (232)
Securities measured at FVTPL (647)    
Trading and FVO securities   (657) (3,722)
Other assets and liabilities designated at fair value (380)    
Other FVO assets and liabilities   1,071 807
Current income taxes (301) (1,063) 8
Cash collateral on securities lent 707 (494) 1,089
Obligations related to securities sold under repurchase agreements 2,869 16,277 2,780
Cash collateral on securities borrowed (453) 398 (2,188)
Securities purchased under resale agreements (1,195) (10,556) 1,712
Other, net (18) 2,103 169
Cash flows provided by (used in) operating activities 9,867 2,457 10,211
Cash flows provided by (used in) financing activities      
Issue of subordinated indebtedness 1,534 0 1,000
Redemption/repurchase/maturity of subordinated indebtedness (638) (55) (1,514)
Issue of preferred shares, net of issuance cost 445 792 0
Issue of common shares for cash 186 194 100
Purchase of common shares for cancellation (417) 0 (270)
Net sale (purchase) of treasury shares 6 (7) 1
Dividends paid (2,109) (1,425) (1,753)
Cash flows provided by (used in) financing activities (993) (501) (2,436)
Cash flows provided by (used in) investing activities      
Purchase of securities measured/designated at FVOCI and amortized cost (33,011)    
Purchase of AFS securities   (37,864) (31,625)
Proceeds from sale of securities measured/designated at FVOCI and amortized cost 12,992    
Proceeds from sale of AFS securities   18,787 10,750
Proceeds from maturity of debt securities measured at FVOCI and amortized cost 12,402    
Proceeds from maturity of AFS securities   19,368 12,299
Cash used in acquisitions, net of cash acquired (315) (2,517) 0
Net cash provided by dispositions of investments in equity-accounted associates and joint ventures 200 60 1,363
Net sale (purchase) of land, buildings and equipment (255) 201 (170)
Cash flows provided by (used in) investing activities (7,987) (1,965) (7,383)
Effect of exchange rate changes on cash and non-interest-bearing deposits with banks 53 (51) 55
Net increase (decrease) in cash and non-interest-bearing deposits with banks during year 940 (60) 447
Cash and non-interest-bearing deposits with banks at beginning of year 3,440 3,500 3,053
Cash and non-interest-bearing deposits with banks at end of year 4,380 3,440 3,500
Cash interest paid 7,235 4,526 3,798
Cash interest received 16,440 12,611 10,961
Cash dividends received 724 949 1,033
Cash income taxes paid $ 1,654 $ 2,204 $ 730