EX-99.1 2 d769524dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

CONSOLIDATED CAPITALIZATION OF THE BANK

The following table sets forth the consolidated capitalization of The Bank of Nova Scotia (the “Bank”) as at July 31, 2019:

 

     As at
July 31, 2019
 
     (in millions of
Canadian dollars)
 

Subordinated Debentures

     9,021  

Equity

  

Common Equity

  

Common Shares

     18,295  

Retained Earnings

     43,682  

Accumulated Other Comprehensive Income

     1,187  

Other Reserves

     370  
  

 

 

 

Total Common Equity

     63,534  

Preferred Shares and Other Equity Instruments

     3,884  
  

 

 

 

Total Equity Attributable to Equity Holders of the Bank

     67,418  

Non-controlling Interests

  

Non-controlling Interests in Subsidiaries

     2,713  
  

 

 

 

Total Equity

     70,131  
  

 

 

 

Total Capitalization

     79,152  
  

 

 

 


CONSOLIDATED EARNINGS RATIOS

The following table provides the Bank’s consolidated ratios of earnings to fixed charges, based upon financial information calculated in accordance with International Financial Reporting Standards (“IFRS”) for the nine months period ended July 31, 2019 and each of the years in the five year period ended October 31, 2018.

 

    Nine months
ended

July 31,
    October 31,  
    2019     2018     2017     2016     2015     2014  

Consolidated Ratios of Earnings to Fixed Charges

           

Excluding interest on deposits

    6.56       8.15       9.60       8.18       7.90       8.52  

Including interest on deposits

    1.67       1.88       2.09       2.12       2.18       2.21  

Consolidated Ratios of Earnings to Combined Fixed Charges and Preferred Dividends

           

Excluding interest on deposits

    5.93       7.02       8.42       7.22       7.07       7.29  

Including interest on deposits

    1.65       1.84       2.06       2.07       2.14       2.15  

For purposes of computing these ratios:

 

   

earnings represent income from continuing operations plus income taxes and fixed charges (excluding capitalized interest and net income from investments in associated corporations);

 

   

fixed charges, excluding interest on deposits, represent interest (including capitalized interest), estimated interest within rent, and amortization of debt issuance costs; and

 

   

fixed charges, including interest on deposits, represent all interest.