Supplementary Financial Information Q For the period ended July 31, 2009 (UNAUDITED) For further information, please contact:

Transcription

1 Supplementary Financial Information Q 009 For the period ended July, 009 (UNAUDITED) For further information, please contact: Marcia Moffat Vice-President & Head, Investor Relations (46) marcia.moffat@rbc.com Bill Anderson Director, Investor Relations (46) william.anderson@rbc.com Josie Merenda Director, Investor Relations (46) josie.merenda@rbc.com

2 Table of Contents Page Page Notes to Users Capital 9 Capital - Basel II Key performance and Non-GAAP measures 0 Capital - Basel I Glossary Risk-adjusted assets - Basel II Risk-adjusted assets - Basel I 4 Financial Highlights Regulatory capital generation - Basel II and Basel I 4 Economic capital Consolidated Results 4 Financial asset securitizations - capital charges 6 Statements of income 4 Securitization subject to early amortization - seller's interest 6 Revenue from trading activities 4 Loans managed 7 Non-interest expense 8 Defined operating leverage Credit Quality 8 Goodwill 5 Loans and acceptances 6 Gross impaired loans Segment Details 8 Provision for credit losses 9 Canadian Banking 9 Allowance for credit losses 0 Wealth Management Credit quality ratios Insurance International Banking Credit Risk Exposure Capital Markets Credit risk exposure by geography and portfolio 4 Corporate Support Exposure covered by credit risk mitigation 4 Discontinued Operations Credit exposure by residual contractual maturity Credit exposure of portfolios under the standardized approach On- and Off-Balance Sheet by risk weight 5 Balance sheets (period-end balances) 4 Retail credit exposure by portfolio and risk category 6 Selected average balance sheet items 4 Wholesale credit exposure by portfolio and risk rating 6 Assets under administration and management 6 Statements of comprehensive income 5 Fair value of derivative instruments 7 Statements of changes in shareholders' equity 5 Derivative-related credit risk 8 Loan securitization 5 Realized gains and losses on available-for-sale securities 8 Our financial asset securitizations 5 Banking book equity exposures 6 Calculation of ROE and RORC

3 Notes to Users The financial information in this document is in Canadian dollars and is based on unaudited interim financial statements prepared in accordance with Canadian generally accepted accounting principles (GAAP), unless otherwise noted. This document is not audited and should be read in conjunction with our Q 009 Report to Shareholders, our 008 Annual Report to Shareholders and the Glossary on page of this document. Certain comparative amounts have been reclassified to conform to the current period's presentation. Significant reporting changes made to this document in Q/09 Provision for credit losses (PCL) - Wholesale - Business information We reclassified certain PCL in our Wholesale - Business portfolio - Other sector reported in Q/09 to Non-bank financial services to better reflect the client's sector classification. There was no impact to Total PCL as a result of this reclassification. Significant reporting changes made to this document in Q/09 None Significant reporting changes made to this document in Q/09 Capital Markets - business realignment We realigned Capital Markets into two main businesses. Capital Markets Sales and Trading includes agency sales, products trading and proprietary trading businesses. Corporate and Investment Banking provides advisory services to clients from origination, structuring and advising to distribution, and manages our private equity, conduits and securitization business. It also includes our Global Credit, Global Financial Institutions and Research businesses. Impact of Goodwill and Other Intangible Assets accounting standard On November, 008, we adopted Canadian Institute of Chartered Accountants Handbook section 064, Goodwill and Other Intangible Assets. As a result of adopting Section 064, we have reclassified $805 million of software from Premises and equipment to Other intangibles on our Consolidated Balance Sheets and corresponding depreciation of $5 million from Non-interest expense - Equipment to Non-interest expense - Amortization of other intangibles on our Consolidated Statements of Income. Amounts for prior periods have also been reclassified. Accounting adjustments We identified the following errors pertaining to prior periods: an under accrual of $90 million ($6 million after-tax) of our card points liability; a $6 million ( $4 million after-tax) over capitalization of software development costs; and a $5 million understatement of income taxes. These errors are not material to the periods to which they relate. However, as correcting the errors in the current quarter would have materially distorted net income for the quarter, we have corrected them by decreasing opening retaining earnings for the quarter ended January, 007 by $0 million. See pages 5 and 7 for impact on Balance Sheets and Statements of Changes in Shareholders' Equity. --

4 Key performance and Non-GAAP measures Management measures and evaluates the performance of our consolidated operations and each of our segments based on a number of different measures including net income and non-gaap measures. For details, refer to How we measure and report our business segments in our Q 009 Report to Shareholders and our 008 Annual Report to Shareholders. We also include non-gaap cash basis financial measures in this document which we believe provides investors with supplemental information that may be useful in comparing to other financial institutions. However, readers are cautioned that the following non-gaap financial measures do not have any standardized meaning prescribed by GAAP and therefore may not be comparable to similar measures presented by other companies. Performance measures Risk capital Risk capital includes credit, market (trading and non-trading), insurance-specific, operational, business and fixed assets risk capital. Attributed capital (Economic capital) An estimate of the amount of equity capital required to underpin risks. It is calculated by estimating the level of capital that is necessary to support our various businesses, given their risks, consistent with our desired solvency standard and credit ratings. Unattributed capital Unattributed capital represents common equity in excess of common equity attributed to our business segments and is reported in the Corporate Support segment. Average risk capital Calculated using methods intended to approximate the average of the daily risk capital balances for the period. Return on risk capital (RORC) Net income available to common shareholders divided by average risk capital. Refer to page 6 for the business segments' RORC calculation. Business segment RORC is calculated as net income available to common shareholders divided by average risk capital for the period. Return on equity (ROE) Business segment return on equity is calculated as net income available to common shareholders divided by Average attributed capital for the period and using methods that are intended to approximate the average of the daily balances for the period. Corporate Support also includes average unattributed capital. Refer to page 6 for calculation of ROE. Non-GAAP measures Cash basis measures Cash basis measures such as cash net income, cash diluted earnings per share (EPS) and cash ROE are calculated by adding back to net income the after-tax amount on the amortization of other intangibles and the goodwill impairment. These non-cash charges do not deplete our cash reserves. Defined operating leverage Our defined operating leverage is defined as the difference between revenue growth rate (as adjusted) and non-interest expense growth rate (as adjusted). Revenue is based on a taxable equivalent basis, excluding consolidated variable interest entities (VIEs) and Insurance revenue. Our revenue in 007 excludes accounting adjustments related to the financial instruments accounting standards. Non-interest expense excludes Insurance expense. Economic profit Economic profit is net income available to common shareholders excluding the after-tax effect of amortization of other intangibles, less a capital charge for use of attributed capital. Glossary Assets-to-capital multiple Total assets plus specified off-balance sheet items, as defined by the Office of the Superintendent of Financial Institutions Canada (OSFI), dividend by total regulatory capital. Assets under administration (AUA) Assets administered by us, which are beneficially owned by clients. Services provided in respect of assets under administration are of an administrative nature, including safekeeping, collecting investment income, settling purchase and sale transactions, and record keeping. Assets under management (AUM) Assets managed by us, which are beneficially owned by clients. Services provided in respect of assets under management include the selection of investments and the provision of investment advice. We have assets under management that are also administered by us and included in assets under administration. Goodwill and intangibles Represents our net investment in goodwill and intangibles. Gross-adjusted assets (GAA) GAA are used in the calculation of the Assets-to-Capital multiple. They represent our total assets including specified off-balance sheet items and net of prescribed deductions. Off balance sheet items for this calculation are direct credit substitutes, including letters of credit and guarantees, transaction-related contingencies, trade-related contingencies and sale and repurchase agreements. Taxable equivalent basis (teb) Income from certain tax-advantaged sources are reported on a taxable equivalent basis (teb). Under this approach, revenue from tax-advantaged sources are grossed up, which currently includes only our Canadian taxable corporate dividends recorded in Net interest income, to their tax equivalent value with a corresponding offset recorded in the provision for income taxes. We record teb adjustments in Capital Markets and record elimination adjustments in Corporate Support thereby generating the same after-tax net income as reported under GAAP. See the How we measure and report our business segments section in our 008 Annual report. Ratios Capital ratios The percentage of risk-adjusted assets supported by capital, using the guidelines of the OSFI based on standards issued by the Bank for International Settlements and GAAP financial information. Efficiency ratio Non-interest expense as a percentage of total revenue. Return on assets Net income divided by average assets. Return on common equity (ROE) Net income available to common shareholders divided by average common equity for the period. Refer to page 6 for ROE calculation. Tangible common equity / Tier common capital ratio Tier capital less qualifying other non-controlling interest in subsidiaries, less Innovative Tier capital instruments less preferred shares (both net of treasury shares) divided by risk-adjusted assets. This ratio is calculated consistent with a stress testing measure used by the U.S. Federal Reserve for U.S. banks in determining capital adequacy under certain adverse scenarios except that our calculation of tangible common equity / Tier common capital ratio is based on the Basel II methodology as detailed in our 008 Annual Report. For more details, refer to the Key performance and non-gaap measures section of our Q 009 Report to Shareholders. Total trading revenue Total trading revenue is comprised of trading related revenue recorded in Net interest income and Non-interest income. --

5 Glossary continued Calculations Average balances (assets, loans and acceptances, and deposits) Calculated using methods intended to approximate the average of the daily balances for the period. Average common equity Calculated using methods intended to approximate the average of the daily balances for the period. For the business segments, calculated using methods intended to approximate the average of the daily attributed capital for the period. Average earning assets The average carrying value of deposits with banks, securities, assets purchased under reverse repurchase agreements and certain securities borrowed, and loans based on daily balances for the period. Capital charge Calculated by multiplying the cost of capital by the amount of average common equity. The cost of capital is a proxy for the after-tax return that we estimate to be required by shareholders for the use of their capital. The cost of capital is regularly reviewed and adjusted from time to time based on prevailing market conditions. Market capitalization End of period common shares outstanding multiplied by the closing common share price on the Toronto Stock Exchange. Dividend yield Dividends per common share divided by the average of the high and low share prices in the relevant period. Net interest margin (average assets) Net interest income divided by average assets. Net interest margin (average earning assets) Net interest income divided by average earning assets. Net write-offs Gross write-offs less recoveries of amounts previously written off. Risk-adjusted assets - Basel I Used in the calculation of risk-based capital ratios as defined by guidelines issued by OSFI. The face value of is discounted using risk-weighted factors in order to reflect a comparable risk per dollar among all types of assets. The risk inherent in off-balance sheet instruments is also recognized, first by determining a credit equivalent and then by applying appropriate risk-weighting factors. Specific and general market risk-adjusted assets are added to the calculation of the Balance Sheet and off-balance sheet risk-adjusted assets to obtain the total risk-adjusted assets. Risk-adjusted assets - Basel II Used in the calculation of risk-based capital ratios as defined by guidelines issued by OSFI based on Basel II, effective November, 007. A majority of our credit risk portfolios use the AIRB Approach and the remainder use a Standardized Approach for the calculation of Risk-adjusted assets (RAA) based on the total exposure, i.e. exposure at default, and counterparty risk weights. For market risk RAA measurement, we use internal models approach for products with regulatory approval and a standardized approach for products to be approved. For Operational risk, we use the Standardized Approach. In addition, Basel II requires a transitional capital floor adjustment. For more details, refer to our 008 Annual Report and Q 009 Report to Shareholders. --

6 FINANCIAL HIGHLIGHTS (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ SELECTED INCOME STATEMENT INFORMATION Total revenue 7,8 6,76 6,94 5,069 5,9 4,954 5,647 5,65 5,480,55 6,5,58,46 0,67 Provision for credit losses (PCL) ,49 976, Insurance policyholder benefits, claims and acquisition expense,5 958,076 (86) ,87,77,6,7,509 Non-interest expense (NIE),755,575,6,989,7,970,0,09,65 0,95 9,6,5,47,495 Goodwill impairment charge -, , Net income (loss) from continuing operations,56 (50),05,0,6 98,45,4,95,564,45 4,555 5,49 4,757 Net loss from discontinued operations (9) Net Income (loss),56 (50),05,0,6 98,45,4,95,564,45 4,555 5,49 4,78 Net income (loss) available to common shareholders,488 (05),0,09,5 905,,00,69,95,6 4,454 5,404 4,668 PROFITABILITY MEASURES Total Earnings (loss) per share (EPS) - basic $.06 ($0.07) $0.74 $0.8 $0.9 $0.70 $0.96 $.0 $.07 $.7 $.60 $.4 $4.4 $.65 - diluted $.05 ($0.07) $0.7 $0.8 $0.9 $0.70 $0.95 $.0 $.06 $.70 $.57 $.8 $4.9 $.59 Return on common equity (ROE) 9.5 % (.4)%.8% 6.% 9.5% 5.7%.5%.% 4.5% 0.7% 8.8% 8.% 4.7%.5% Return on risk capital (RORC).4 % (.)%.5% 6.%.% 6.0% 5.6% 5.8% 6.9% 7.0% 0.9% 9.6% 7.4% 6.7% Return on assets 0.9 % (0.0)% 0.56% 0.66% 0.78% 0.58% 0.79% 0.88% 0.94% 0.49% 0.7% 0.70% 0.95% 0.94% Return on risk-adjusted assets.55 % (0.08)%.5%.60%.00%.5%.05%.%.% 0.98%.85%.78%.%.% Efficiency ratio 48.0% 5.9% 5.% 59.0% 55.% 60.0% 55.% 55.% 57.8% 50.9% 56.7% 57.% 55.5% 55.7% Continuing Operations Earnings (loss) per share (EPS) - basic $.06 ($0.07) $0.74 $0.8 $0.9 $0.70 $0.96 $.0 $.07 $.7 $.60 $.4 $4.4 $.67 - diluted $.05 ($0.07) $0.7 $0.8 $0.9 $0.70 $0.95 $.0 $.06 $.70 $.57 $.8 $4.9 $.6 Return on common equity (ROE) 9.5 % (.4)%.8% 6.% 9.5% 5.7%.5%.% 4.5% 0.7% 8.8% 8.% 4.7%.% Return on risk capital (RORC).4 % (.)%.5% 6.%.% 6.0% 5.6% 5.8% 6.9% 7.0% 0.9% 9.6% 7.4% 7.0% Discontinued Operations Earnings (loss) per share (EPS) - basic ($0.0) - diluted ($0.0) CASH BASIS MEASURES Net income (loss),56 (50),05,0,6 98,45,4,95,564,45 4,555 5,49 4,78 After-tax effect of amortization of other intangibles and goodwill impairment 4, , Cash Net income,60 99,04,57,98 955,67,46,47,699,50 4,677 5,579 4,799 Cash Diluted EPS Cash ROE 9.0%.% 4.% 6.4% 9.7% 6.0%.5%.% 4.7% 5.% 9.% 8.% 4.9%.7% ECONOMIC PROFIT Net income (loss),56 (50),05,0,6 98,45,4,95,564,45 4,555 5,49 4,78 After-tax effect of amortization of other intangibles and goodwill impairment 4, , Capital charge (9) (869) (846) (705) (66) (60) (59) (584) (58) (,66) (,85) (,558) (,74) (,050) Economic Profit ,07,667,9,05,749 KEY RATIOS Diluted EPS growth 4. % (0.0)% (.)% (9.8)% (.)% (8.6)% (6.7)% 5.% 7.8% (.9)% (9.)% (9.)% 6.7% 9.7% Diluted EPS growth - continuing operations 4. % (0.0)% (.)% (9.8)% (.)% (8.6)% (6.7)% 5.% 6.5% (.9)% (9.)% (9.)% 6.% 8.% Revenue growth. % 6.5 %.9 % (9.7)% 7.9 % (.6)% (0.9)% 5.0% 5.% 0.4 % (.0)% (.9)% 8.8% 7.6% NIE growth 4.8 % 0.4 % 6. % (.4)%.4 % (5.7)%.7 % 4.7% 0.6 % 7.0 % (0.)% (.0)% 8.5%.% Defined operating leverage 8.6 % 0.7 % (.4)% 9.5 % 0.6 % (5.9)% (0.)%.0%.% 5.6 % (.8)%.0 %.6 %.5 % Specific PCL to average net loans and acceptances 0.99 %.06 % 0.80 % 0.65 % 0.47 % 0.54 % 0.44 % 0.4% 0.9% 0.95 % 0.48 % 0.5 % 0.% 0.% Net interest margin (average assets).78 %.7 %.57 %.59 %.4 %.7 %.6 %.%.%.68 %.9 %.44 %.%.5% Non-interest income as % of total revenue 6.9 % 56.0 % 57.6 % 46.6 % 6. % 55.4 % 6. % 64.4% 64.% 58.7 % 59.7 % 56.6 % 65.7% 67.% Effective tax rate.0 % 04.7 % 9. % 7.7 % 5. % 4.4 %. % 5.7% 9.5% 0.4 %. %.8 % 9.8%.6% SELECTED BALANCE SHEET INFORMATION Average loans and acceptances 84,00 90,00 94,900 89,800 74,000 64,00 55,400 44,00 6,500 89,800 64,500 70,900,500 06,00 Total assets 659,94 680, 7,76 7,859 66,79 67,47 6,76 600,46 604,58 659,94 66,79 7, ,46 56,780 Average assets 665,400 7,00 74, ,00 64, ,800 66,00 597, , ,600 64,00 650,00 58,000 50,00 Average earning assets 509,600 54,800 59,00 545,00 58,000 50,00 58, , ,00 54,500 55,600 50, ,00 44,00 Deposits 404,708 4,87 4,850 48, ,09 99,45 94,46 65,05 76,5 404, ,09 48,575 65,05 4,5 Common equity 0,80 9,654 0,6 7,980 6,57,6,86,75,80 0,80 6,57 7,980,75,075 Average common equity 0,00 0,400 9,050 7,000 5,50,400,600,00,00 9,850,850 4,650,850 9,900 Average risk capital 8,800 8,950 8,700 6,500 5,750 4,50,650 4,400 4,700 8,800 4,550 5,050 4,450,750 INTEREST RATE SENSITIVITY Before tax impact of % increase in rates on: Net interest income risk Economic value of equity (405) (440) (50) (508) (480) (575) (496) (440) (07) (405) (480) (508) (440) (496) Before tax impact of % decrease in rates on: Net interest income risk (0) (48) (5) (90) (57) (5) (87) () (40) (0) (57) (90) () (5) Economic value of equity Defined in the "Key performance and Non-GAAP measures" section. Excludes the impact of the financial instruments accounting standards related to Insurance. -4-

7 FINANCIAL HIGHLIGHTS continued (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ CAPITAL MEASURES Tier capital ratio - Basel II.9%.4% 0.6% 9.0% 9.4% 9.5% 9.7% - -.9% 9.4% 9.0% Basel I.% 0.% 9.6% 8.% 8.7% 8.8% 9.% 9.4% 9.%.% 8.7% 8.% 9.4% 9.6% Total capital ratio - Basel II 4.4%.%.5%.0%.6%.4%.% %.6%.0% Basel I.6%.%.6% 0.5%.0% 0.9%.0%.5%.%.6%.0% 0.5%.5%.9% Assets-to-capital multiple - Basel II 6.X 6.X 7.5X 0.X 9.5X 0.X.X X 9.5X 0.X Basel I 6.X 6.5X 7.4X 0.0X 9.4X 9.9X.0X 0.0X 0.5X 6.X 9.4X 0.0X 0.0X 9.7X Tangible common equity (Tier common capital) ratio - Basel II 9.% 7.9% 7.5% 6.5% 6.9% 7.0% 7.% 9.% 6.9% 6.5% Risk-adjusted assets ($ billions) - Basel II Basel I Gross-adjusted assets ($ billions) - Basel II Basel I SHARE INFORMATION First preferred shares outstanding (000s) - end of period Non-cumulative series N ,000,000,000,000,000 -,000 -,000,000 Non-cumulative series O ,000 Non-cumulative series W,000,000,000,000,000,000,000,000,000,000,000,000,000,000 Non-cumulative series AA,000,000,000,000,000,000,000,000,000,000,000,000,000,000 Non-cumulative series AB,000,000,000,000,000,000,000,000,000,000,000,000,000,000 Non-cumulative series AC 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 - Non-cumulative series AD 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 - Non-cumulative series AE 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 - Non-cumulative series AF 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 - Non-cumulative series AG 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 0,000 - Non-cumulative series AH 8,500 8,500 8,500 8,500 8,500 8, ,500 8,500 8, Non-cumulative series AJ 6,000 6,000 6,000 6, ,000-6, Non-cumulative series AL,000,000, , Non-cumulative series AN 9,000 9,000 9, , Non-cumulative series AP,000,000, , Non-cumulative series AR 4,000 4,000 4, , Non-cumulative series AT,000, , Non-cumulative series AV 6,000 6, , Non-cumulative series AX,000, , Common shares outstanding (000s) - end of period,4,5,408,9,406,97,4,60,8,08,94,084,76,65,76,60,75,780,4,5,8,08,4,60,76,60,80,890 - average (basic),408,687,405,77,66,868,7,75,,9,87,45,7,86,7,005,7,9,9,64,94,946,05,706,7,85,79,956 - average (diluted),4,80,47,08,79,9,5,588,40,9,98,069,86,595,87,44,88,7,406,404,08,87,9,744,89,4,99,785 Treasury shares held - preferred (000s) common (000s),,60,805,58,09,8,6,444,744,,09,58,444 5,486 Shares repurchased (000s) ,0 00,000 -,0,0,845 8,9 ($ MM) Stock options outstanding (000s) 0,67,668,848,77 4,754 5,98 7,086 6,6 7,47 0,67 4,754,77 6,6,4 Stock options exercisable (000s) 5,599 7,58 8,479 7,47 0,8,75,68,94,78 5,599 0,8 7,47,94 6,98 COMMON SHARE PERFORMANCE Book value per share $.84 $.08 $.6 $0.90 $9.7 $8.8 $7.94 $7.49 $7.58 $.84 $9.7 $0.90 $7.49 $6.5 Common share price (RY on TSX) 4 - High (intraday) $5.55 $4.74 $48.0 $5.50 $5. $5.76 $55.84 $57.00 $6.08 $5.55 $55.84 $55.84 $6.08 $ Low (intraday) $4. $5.5 $8.05 $9.05 $9.5 $4.8 $45.5 $50.50 $5.90 $5.5 $9.5 $9.05 $49.50 $4.9 - Close, end of period $5.8 $4.0 $0.4 $46.84 $47.5 $48.0 $50.65 $56.04 $54.09 $5.8 $47.5 $46.84 $56.04 $49.80 Market capitalization (TSX) ($ MM) 7,49 59,575 4,786 6,85 6,5 6,4 64,66 7,5 69,007 7,49 6,5 6,85 7,5 6,788 P/E ratio (4-quarters trailing earnings) Market price to book value DIVIDEND INFORMATION 6 Dividends declared per share $0.50 $0.50 $0.50 $0.50 $0.50 $0.50 $0.50 $0.50 $0.46 $.50 $.50 $.00 $.8 $.44 Dividend yield 4.% 5.8% 5.% 4.4% 4.4% 4.% 4.0%.7%.% 5.% 4.% 4.%.%.% Dividend payout ratio 47% n.m. 69% 6% 54% 7% 5% 49% 4% 88% 58% 59% 4% 40% Common dividends ($ MM) ,,954,64,,847 Preferred dividends ($ MM) OTHER INFORMATION Number of employees (full time equivalent) Canada 49,70 49,70 50,79 49,999 50,486 49,8 49,048 48,607 49,070 49,70 50,486 49,999 48,607 46,4 US,8,49,8,45,464,08,489,66,95,8,464,45,66 0,056 Other 9,85 9,960 9,99 9,87 9,8 4,448 4,68 4,545 4,54 9,85 9,8 9,87 4,545 4,4 Total 7,66 7,479 7,46 7, 7,77 66,748 64,905 64,85 65,57 7,66 7,77 7, 64,85 60,59 Number of bank branches Canada,90,87,79,74,60,5,50,46,,90,60,74,46,7 US Other Total,759,756,747,74,79,648,544,54,54,759,79,74,54,44 Number of automated teller machines (ATM) 5,046 5,0 4,984 4,964 4,897 4,64 4,547 4,49 4,77 5,046 4,897 4,964 4,49 4, Commencing Q/08, capital ratios and risk-adjusted assets are calculated using guidelines issued by OSFI under the new Basel II framework. Comparative amounts are calculated using guidelines issued by the OSFI under the Basel I framework. Basel I and Basel II are not directly comparable. Effective Q/08, the OSFI amended the treatment of the general allowance in the calculation of the Assets-to-capital multiple under Basel II. Comparative ratios have not been revised. Risk-adjusted assets for Q/07 was revised in Q/07 to reflect a $56 million adjustment related to equity derivative contracts. 4 Common shares outstanding at end of period includes Treasury shares (shares acquired and held by subsidiaries for reasons other than cancellation). Average common shares outstanding excludes Treasury shares. 5 Closing share price divided by diluted earnings per share. 6 Calculated using number of common shares outstanding, except as noted. 7 Bank branches which provide banking services directly to clients. n.m. not meaningful -5-

8 STATEMENTS OF INCOME (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Net interest income Interest income 4,895 5,0 5,99 6,68 5,90 6,75 6,79 6,78 6,745 6,044 9,076 5,44 6,547,04 Interest expense,95,4,998,559,609 4,66 4,650 4,78 4,780 7,47,45 5,984 8,845 5,408 Total,980,976,94,709,0,09,4,998,965 8,897 6,65 9,60 7,70 6,796 Non-interest income Accounts , Other payment services Service charges ,68 996,67,0,6 Insurance premiums, investment and fee income,575,, ,5,498,609,5,48 Investment management and custodial fees ,95,0,759,579,0 Mutual fund revenue ,74,56,47,4 Trading revenue (6) (56) 59 (0) ,54 8 (408),999,574 Securities brokerage commissions ,0 987,77,5,4 Underwriting and other advisory fees ,7,04 Foreign exchange revenue, other than trading Card service revenue Credit fees Securitization revenue Net (loss) gain on available-for-sale securities (5) (95) (70) (7) (6) (89) (0) (4) 4 (590) (45) (67) 6 - Net gain on investment securities Other 8 (50) ,59,04 7 Total 4,84,785 4,000,60,6,745,506,67,55,68 9,86, 4,760,84 Total revenue 7,8 6,76 6,94 5,069 5,9 4,954 5,647 5,65 5,480,55 6,5,58,46 0,67 Provision for credit losses ,49 976, Insurance policyholder benefits, claims and acquisition expense,5 958,076 (86) ,87,77,6,7,509 Non-interest expense,755,575,6,989,7,970,0,09,65 0,95 9,6,5,47,495 Goodwill impairment charge -, , Income taxes ,5 94,69,9,40 Non-controlling interest in net income of subsidiaries () Net income (loss) from continuing operations,56 (50),05,0,6 98,45,4,95,564,45 4,555 5,49 4,757 Net loss from discontinued operations (9) Net income (loss),56 (50),05,0,6 98,45,4,95,564,45 4,555 5,49 4,78 Preferred dividends (7) (55) (4) (7) (7) () (4) (4) (6) (69) (74) (0) (88) (60) Net income (loss) available to common shareholders,488 (05),0,09,5 905,,00,69,95,6 4,454 5,404 4,668 Revenue from Trading Activities Total Trading revenue Net interest income (7) (), (0) (59) Non-interest income (6) (56) 59 (0) ,54 8 (408),999,574 Total,608, (58) 85 (6) , ,779,05 Trading revenue by product Interest rate and credit,,04 6 (78) 06 (7) 50 (46) 88,9 (8) (59) 640,74 Equities (97) Foreign exchange and commodities Total,608, (58) 85 (6) , ,779,05 Trading revenue (teb) by product Interest rate and credit,,04 6 (78) 06 (7) 50 (46) 88,9 (8) (59) 640,74 Equities (96) , , Foreign exchange and commodities Total (teb),7, , ,0,40 In Q4/07, Non-interest income - Other includes a $6 million gain related to the Visa Inc. restructuring. Includes precious metals. -6-

9 NON-INTEREST EXPENSE (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Human resources Salaries,04,05,045, ,,78,845,54,9 Variable compensation, ,79,064,689,975,87 Acquisition retention compensation Benefits related ,55,40,077 Stock-based compensation () (5) 66 (0) Total Human resources,57,89,90,954,0,800,99,89,99 6,86 5,85 7,779 7,860 7,68 Equipment Depreciation Computer rental and maintenance Office equipment rental and maintenance Total Equipment Occupancy Premises rent Premises repairs and maintenance Depreciation Property taxes Total Occupancy Communications Telecommunications Postage and courier Marketing and public relations Stationery and printing Total Communications Professional fees Outsourced item processing Amortization of other intangibles Computer software Other Total Amortization of other intangibles Other Business and capital taxes Travel and relocation Employee training Donations Other 58 5 (90) Total Other (97) , ,08 87 Total non-interest expense,755,575,6,989,7,970,0,09,65 0,95 9,6,5,47,495 Stock-based compensation includes the cost of stock options, stock appreciation rights, performance deferred shares, deferred compensation plans and the impact of related economic hedges. Comparative information has been reclassified as a result of adopting CICA Handbook Section 064. In Q4/08, Other includes reduction of the Enron-related litigation provision of $54 million. -7-

10 DEFINED OPERATING LEVERAGE (C$ MM, except percentage amounts) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Total revenue 7,8 6,76 6,94 5,069 5,9 4,954 5,647 5,65 5,480,55 6,5,58,46 0,67 Add: teb adjustment Less: Revenue related to VIEs 7 (9) (55) 7 (5) 5 () (0) 7 (48) (7) Insurance revenue,575,9, ,50,499,60,9,48 Impact of the financial instruments accounting standards (5) 8 - Total revenue (adjusted) 6,7 5,68 5,684 5,5 5, 4,58 4,94 4,85 4,9 7,685 4,5 9,40 9,488 7,509 Non-interest expense,755,575,6,989,7,970,0,09,65 0,95 9,6,5,47,495 Less: Insurance related non-interest expense Non-interest expense (adjusted),60,47,48,85,7,88,985,956,08 0,58 8,940,775,96 0,978 Defined operating leverage (compared to prior year) 8.6 % 0.7 % (.4)% 9.5 % 0.6 % (5.9)% (0.)%.0%. % 5.6 % (.8)%.0 %.6%.5% GOODWILL (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Opening balance 8,89 9,948 9,977 8,859 6,65 4,897 4,75 5,055 5,098 9,977 4,75 4,75 4,04 4,0 Goodwill acquired ,6, ,90 4, Goodwill impairment charge - (,000) (,000) Other adjustments (506) (48) (44) () 45 (05) (0) (698) 04,6 (458) 5 Closing balance 8, 8,89 9,948 9,977 8,859 6,65 4,897 4,75 5,055 8, 8,859 9,977 4,75 4,04 Defined in the "Key performance and Non-GAAP measures" section. Excludes the impact of the financial instruments accounting standards related to Insurance. Other adjustments primarily include the impact of foreign exchange translations on foreign currency-denominated goodwill. -8-

11 CANADIAN BANKING (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Income Statement Net interest income,740,678,78,70,694,66,687,64,605 5,6 5,07 6,78 6,5 5,86 Non-interest income ,8,0,868,976,5 Total revenue,48,7,465,449,44,86,408,566,7 7,7 7,7 9,586 9,9 8,48 Provision for credit losses (PCL) Non-interest expense,69,7,76,0,86,56,96,,9,56,58 4,758 4,748 4,50 Other ,99,48,0 Net income ,946,986,66,545,4 Total Revenue by business Personal Financial Services,9,80,96,,5,08,,99,84,95,99 5,5 5,08 4,6 Business Financial Services ,89,8,44,0,4 Cards and Payment Solutions ,57,4,80,946,586 Total,48,7,465,449,44,86,408,566,7 7,7 7,7 9,586 9,9 8,48 Financial ratios Return on equity (ROE) 4.9%.9% 8.9% 7.7% 40.4% 5.8% 8.5% 4.7%.% 5.6% 8.% 8.% 4.9%.% Return on risk capital (RORC) 47.% 4.7% 5.8% 50.8% 54.% 49.5% 54.% 57.6% 44.4% 47.6% 5.6% 5.% 48.% 44.6% Net interest margin (average earning assets).7%.78%.8%.89%.95%.00%.08%.0%.5%.77%.0%.98%.7%.% Efficiency ratio 47.% 49.4% 47.7% 49.8% 48.5% 50.6% 49.7% 47.6% 5.6% 48.% 49.6% 49.6% 50.9% 54.0% Operating leverage.0 %.4 % 4.0 % (4.4)% 8.%.0% 4. % 0.6 % (0.9)%.% 5.%.6% 6.5% 4.4% Average balances Total assets 6,600 54,800 49,600 4,00 4,700 8,00 5,000 6,700 09,00 55,400 9,00,00 07,500 87,600 Total earning assets 54,400 47,400 4,00 4,00 8,00,800 8,00 09,900 0,00 48,000,700 5,600 00,400 80,500 Loans and acceptances 5,700 45,900 4,000 5,500 8,000 0,600 5,800 09,00 0,600 46,500,500 5,000 99,00 79,000 Residential mortgages 4,400 9,800 8,800 6,00,600 7,00 4,400 9,900 4,400 40,00 7,700 9,800,00 00,800 Personal 54,500 5,000 48,400 46,500 44,600 4,600 4,00 40,00 9,00 5,00 4,800 4,700 8,700 4,600 Credit cards,400,400,800,700,400,00,00,700,00,500,00,400,00 9,900 Small business,800,800,700,800,700,700,600,500,00,800,700,700,400,00 Total Retail,00 06,000 0,700 98,00 9,00 84,700 80,500 74,400 67,00 06,900 85,500 88,600 65,500 47,500 Wholesale 9,600 9,900 9,00 7,00 6,700 5,900 5,00 4,800 4,00 9,600 6,000 6,400,700,400 Deposits 74,00 7,400 68,700 59,400 54,900 5,800 5,900 50,00 47,00 7,400 5,500 55,000 47,00 9,00 Attributed capital 7,400 7,00 7,000 7,050 6,900 6,800 6,900 7,50 7,50 7,50 6,850 6,900 7,00 6,500 Risk capital 5,450 5,50 5,50 5,50 5,50 4,900 4,900 5,450 5,50 5,50 5,000 5,050 5,50 4,700 Credit quality Gross impaired loans / Average net loans and acceptances 0.48% 0.48% 0.6% 0.4% 0.% 0.4% 0.% 0.% 0.% 0.49% 0.% 0.6% 0.5% 0.% PCL / Average net loans and acceptances 0.54% 0.59% 0.44% 0.8% 0.6% 0.4% 0.9% 0.40% 0.7% 0.5% 0.9% 0.9% 0.9% 0.4% Net write-offs / Average net loans and acceptances 0.5% 0.50% 0.8% 0.40% 0.40% 0.4% 0.40% 0.9% 0.5% 0.47% 0.40% 0.40% 0.8% 0.5% Business information Assets under administration 0,800,000,800 09,500,700 4,00 5,600 0,00 5,600 0,800,700 09,500 0,00 0,00 Other earnings measures Net income ,946,986,66,545,4 After-tax effect of amortization of other intangibles Cash Net income ,95,990,669,55,0 Capital charge (5) (98) (0) (87) (8) (75) (8) (94) (9) (66) (59) (76) (758) (685) Economic Profit ,5,45,94,794,445 Reported results include securitized residential mortgage and credit card loans and related amounts for income and provision for credit losses. The average securitized residential mortgage and credit card loans included as at July, 009 were $7 billion and $4 billion, respectively. Securitized residential mortgages and credit card loans are included in Total assets, Total earning assets, Loans and acceptances, Residential mortgage, Credit cards and AUA to better reflect how the assets are managed. Includes income taxes and non-controlling interest in net income of subsidiaries. As at Q/09, average personal secured loans was $9,000 million and average personal unsecured loans was $5,500 million. 4 Excludes the amortization of computer software intangibles. -9-

12 WEALTH MANAGEMENT (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Income Statement Net interest income Fee-based revenue ,58,680,76,09,745 Transactional and other revenue , 947,4,456,45 Total revenue, ,05, ,006,006,96,987,99,487 Provision for credit losses (PCL) Non-interest expense ,4,78,08,90,6 Business realignment charges Other Net income Total Revenue by business Canadian Wealth Management ,05,474,460,90 U.S. & International Wealth Management ,587,86,869,988,7 Global Asset Management Total, ,05, ,006,006,96,987,99,487 Financial ratios Return on equity (ROE) 6.5%.%.%.%.0% 4.8% 5.5%.7% 9.4%.7% 8.6%.%.4% 7.8% Return on risk capital (RORC) 59.% 4.% 4.8% 4.8% 69.5% 7.4% 76.7% 6.4% 58.6% 47.8% 7.7% 64.9% 65.% 59.% Average balances Total assets,00,800 7,800 6,00 7,00 8,00 6,000 7,400 5,700 0,600 7,00 6,900 6,600 5,00 Loans and acceptances 5,600 5,700 6,000 5,900 5,00 4,900 4,600 4,400 4,500 5,800 4,900 5,00 4,600 4,400 Deposits,600,600,800 8,00 7,00 6,900 5,00 4,000 4,600,000 6,400 6,900 4,900,00 Attributed capital,800,950,950,650,450,00,000,50,50,900,550,800,00,50 Risk capital,050,50,50,050,050, ,50,00,00,000,000,50,050 Credit quality Gross impaired loans / Average net loans and acceptances 0.0% 0.0% 0.0% 0.0% 0.06% 0.06% 0.07% 0.05% 0.00% 0.0% 0.06% 0.0% 0.04% 0.00% PCL / Average net loans and acceptances 0.00% 0.00% 0.00% 0.00% 0.08% 0.00% 0.00% 0.09% 0.00% 0.00% 0.0% 0.0% 0.0% 0.0% Net write-offs / Average net loans and acceptances 0.00% 0.00% 0.00% 0.% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.0% Business information Assets under administration Canadian Wealth Management 70,00 57,900 5,400 60,700 79,000 80,600 77,00 8,000 80,900 70,00 79,000 60,700 8,000 68,600 U.S. & International Wealth Management,00,700,00 4,400 0,00 00,900 07,400 05,500 4,00,00 0,00 4,400 05,500 07,900 Total 49,00 48, , ,00 509,00 48, , , ,00 49,00 509,00 495,00 488, ,500 Assets under management Canadian Wealth Management,700,000,500,000 4,800,900,00,00,00,700 4,800,000,00 7,500 U.S. & International Wealth Management 0,000 7,900 8,400 9,500,500 0,600,00 0,00 0,700 0,000,500 9,500 0,00 9,700 Global Asset Management 96,000 9,700 8,00 80,00 97,400 9,00,00 8,800 7,600 96,000 97,400 80,00 8,800 05,600 Total 9,700,600,00,600 4,700 7,800 64,700 6,00 59,600 9,700 4,700,600 6,00 4,800 Other earnings measures Net income After-tax effect of amortization of other intangibles Cash Net income Capital charge (0) () (4) (97) (9) (54) (5) (58) (6) (6) (98) (95) (4) (6) Economic Profit (US$ MM) Revenue by business U.S. & International Wealth Management ,5,78,8,86,5 Business information Assets under administration U.S. & International Wealth Management 98,00 7,00 54,600 77,600,500 98,800 06,00,00 0,900 98,00,500 77,600,00 74,00 Includes income taxes and non-controlling interest in net income of subsidiaries. Q/09 Global Asset Management - AUM excludes $.8 billion in assets held by clients of Phillips, Hager & North Investment Management Ltd. for which we earn either a nominal or no management fee. Excludes the amortization of computer software intangibles. -0-

13 INSURANCE (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Income Statement Net earned premiums 986, ,79,,864,59,595 Investment income (697) (97),8 9 (458) Fee income Total revenue,575,9, ,50,499,60,9,48 Insurance policyholder benefits, claims and acquisition expense (PBCAE),5 958,076 (86) ,87,77,6,7,509 Non-interest expense Other (6) Net income Total Revenue by business Reinsurance & Other , , Canadian Life and Health (97) , ,6,7 Property & Casualty U.S. Life (9) , Total,575,9, ,50,499,60,9,48 Financial ratios Return on equity (ROE) 48.0%.4%.7% 0.% 44.6% 4.%.7% 9.% 8.7% 8.5% 7.0%.8%.% 0.5% Return on risk capital (RORC) 55.4% 9.% 8.%.0% 50.% 8.% 6.0%.%.9% 44.5% 4.6% 7.% 4.7%.8% Average balances Total assets,000,000,600,800,600,700,400,00,400,900,600,600,500,600 Attributed capital,50,50,00,50,00,50,00,50,400,50,00,50,400,450 Risk capital,00,50,50,000,00,00 950,00,50,50,050,050,50,50 Additional information Premiums and deposits, 4,67,5,080,004, ,58,857,86,460,406 Reinsurance & Other ,9 95,55,5, Canadian Life and Health ,7,46,069 Property & Casualty U.S. Life , Insurance policyholder benefits and claims, (0) ,808,59,09,588,99 Insurance policyholder acquisition expense Insurance claims and policy benefit liabilities 8,56 8,00 7,880 7,85 7,608 7,556 7,558 7,8 7,5 8,56 7,608 7,85 7,8 7,7 Fair value changes on investments backing policyholder liabilities (748) (74) (58) 0 78 () 688 () (870) (08) 6 Business information Assets under management Other earnings measures Net income After-tax effect of amortization of other intangibles Cash Net income Capital charge (9) (9) (7) (0) () () (9) (7) (7) (5) (9) () (47) (5) Economic Profit Premium and deposits equals net earned premiums excluding the cost of premiums to other institutions for reinsurance coverage, plus segregated fund deposits. Investment income can experience volatility arising from quarterly fluctuation in the fair value of held-for-trading assets. The investments which support actuarial liabilities are predominantly designated as held-for-trading, and consequently changes in fair values of these assets are recorded in investment income in the consolidated statements of income. Changes in fair values of these assets are largely offset by changes in the fair value of the actuarial liabilities. Includes income taxes and non-controlling interest in net income of subsidiaries. 4 Premiums and deposits include premiums on risk-based insurance and annuity products, and deposits on individual and group segregated fund deposits, consistent with insurance industry practices. 5 Includes revenue impact of the change in fair value on investments backing policyholder liabilities is reflected in Investment income and largely offset in PBCAE. 6 Excludes the amortization of computer software intangibles. --

14 INTERNATIONAL BANKING (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Income Statement Net interest income ,4 89,0,0 940 Non-interest income Total revenue ,905,69,0,95,68 Provision for credit losses (PCL) Non-interest expense ,790,9,876,48,6 Goodwill impairment charge -, , Other (59) (96) (84) (05) (6) 7 5 () 9 (9) (4) (9) 8 6 Net (loss) income (95) (,6) (44) (06) (6) 8 87 (,65) 5 (5) 4 6 Total Revenue by business Banking ,57 965,46,56,070 RBC Dexia IS Total ,905,69,0,95,68 Financial ratios Return on equity (ROE) (6.)% (5.)% (7.)% (.4)% (.6)%.0%.5%.% 9.0% (.)%.% (.4)% 6.9% 0.6% Return on risk capital (RORC) (4.)% (4.6)% (0.)% (4.9)% (.8)% 6.% 6.4%.8% 5.5% (60.0)%.5% (8.)%.7% 6.% Net interest margin (average earning assets) 4.88%.67%.40%.78%.7%.50%.4%.40%.58%.64%.56%.6%.57%.7% Average balances Total assets 60,000 67,00 68,900 65,000 5,600 47,00 40,00 9,400 4,00 65,00 46,700 5,00 9,700,600 Total earning assets 4 40,00 46,000 46,800 4,000,400 0,400 5,00 4,800 6,500 44,00 9,700,800 6,00,00 Loans and acceptances,800 7,500 7,400,900 8,000 5,000,000 0,500,800 5,900 4,700 7,000,00 8,500 Deposits 49,500 54,500 54,00 5,800 4,500 40,700 5,00 4,500 5,00 5,700 9,400 4,500 4,00 8,700 Attributed capital 7,050 8,800 8,550 7,450 5,600 4,550,50,00,650 8,00 4,450 5,00,50,400 Risk capital,50,50,050,450,00,50,750,900,00,50,050,50,950,600 Credit quality Gross impaired loans / Average net loans and acceptances % 6.06% 5.65% 4.76%.98%.5%.6%.97%.05% 6.% 4.5% 5.97%.8%.0% PCL / Average net loans and acceptances.78%.6%.%.%.95%.48%.5%.9% 0.8%.68%.6%.84% 0.49% 0.4% Net write-offs / Average net loans and acceptances.8%.8%.44%.94%.% 0.85% 0.0% 0.5% 0.5%.% 0.79%.6% 0.0% 0.5% Business information Assets under administration - RBC 6 7,400 8,700 0,600,00 9, ,400 9,400, RBC Dexia IS 7,97,500,05,00,,400,585,000,80,900,697,000,9,000,7,00,84,400,97,500,80,900,585,000,7,00,4,00 Assets under management - RBC 6,800,600,700,900, ,800,400, Other earnings measures Net (loss) income (95) (,6) (44) (06) (6) 8 87 (,65) 5 (5) 4 6 After-tax effect of amortization of other intangibles and goodwill impairment 8 6, , Cash Net (loss) income (69) (97) (6) (8) (8) 08 (7) Capital charge (04) (47) (47) (97) (47) (8) (8) (88) (95) (698) (48) (545) (5) (5) Economic Profit (7) (44) (6) (78) (4) (6) (6) (5) 6 (980) (40) (68) (5) 5 (US$ MM) Revenue by business Banking ,40 959,, Includes income taxes and non-controlling interest in net income of subsidiaries. Includes U.S. and Caribbean banking businesses. RBTT Financial Group (RBTT) results are reported on a one-month lag basis. On January, 006, we combined our Institutional & Investor Services (IIS) business with the institutional investor service business of Dexia Banque Internationale à Luxembourg (Dexia), forming a joint venture, RBC Dexia Investor Services (RBC Dexia IS). RBC Dexia IS results are reported on a one-month lag basis. 4 Calculated based on Banking information. 5 The calculation of gross impaired loans / average net loans and acceptances for Q/08, Q/08, Q4/07 and 007 have been revised to exclude certain foreclosed assets. 6 AUA - RBC and AUM - RBC represent the AUA and AUM, respectively, of RBTT reported on a one-month lag. 7 AUA - RBC Dexia IS represents the total AUA of the joint venture, of which we have a 50% ownership interest, reported on a one-month lag. 8 Excludes the amortization of computer software intangibles. --

15 CAPITAL MARKETS (C$ MM) Q/09 Q/09 Q/09 Q4/08 Q/08 Q/08 Q/08 Q4/07 Q/ Income Statement Net interest income (teb) 970, ,906,9,89 6 Non-interest income, ,8,554,096,766 4,005 Total revenue (teb),4,566,409,90, 480, 89,58 5,089,745,95 4,89 4,6 Provision for (recovery of) credit losses (PCL) () (7) () (5) Non-interest expense, ,80,997,,769,60 Business realignment charges () Other (7) Net income ,07 586,70,9,55 Total Revenue (teb) Total Revenue,4,566,409,90, 480, 89,58 5,089,745,95 4,89 4,6 Revenue related to VIEs offset in Non-controlling interest 7 (9) (55) 7 (5) 5 () (0) 7 (48) (7) Total revenue excluding VIEs,,559,48,45,6 495,7 80,45 5,09,78,98 4,58 4,4 Total Revenue by business Capital Markets Sales and Trading,768, ,909,78,84,45,47 Corporate and Investment Banking ,80,67,,96,664 Total,4,566,409,90, 480, 89,58 5,089,745,95 4,89 4,6 Financial ratios Return on equity (ROE) 6.% 9.9% 0.4% 4.6% 7.7% 0.7%.9% 5.4% 9.% 8.8% 4.6% 0.5% 6.6%.5% Return on risk capital (RORC) 9.9%.%.0% 40.5% 0.8% 0.8% 9.% 9.% 5.9%.8% 7.5% 4.5%.5% 8.7% Average balances Total assets,00 6,800 94,00 4,800 7,900 5,400 9,00 9,400 7,00 59,700 9,400 40,00,00 60,600 Trading securities 8,600 8,000,800,600 8,700 4,700 44,800 46,400 54,00 9,800 4,400 40,00 5,900,00 Loans and acceptances 5,900 4,600 46,00 4,900 7,900 6,800 6,600,600 8,00 4,600 7,00 8,00 9,000,00 Deposits 95,000,600,700 5,000,00 7,00 7,00,500 4,700,800,800,600 5,700 08,00 Attributed capital 8,50 8,50 8,00 6,650 5,900 4,800 4,950 4,650 4,800 8,50 5,50 5,600 4,800 4,50 Risk capital 7,00 7,50 7,050 5,650 5,050,900 4,00,750,900 7,00 4,50 4,700,900,450 Credit quality Gross impaired loans / Average net loans and acceptances. %.8 %.0 %.9 % 0.79 % 0.84 % 0.7 % 0.05 % 0.07 %.8 % 0.8 %.0 % 0.06 % 0.8 % PCL / Average net loans and acceptances.96 %.40 %.7 % 0.7 % 0. % 0.64 % 0.0 % (0.0)% (0.0)%.55 % 0.8 % 0.48 % (0.08)% (0.5)% Net write-offs / Average net loans and acceptances.55 % 0.8 %.8 % 0.07 % 0.8 % 0. % (0.0)% (0.0)% (0.0)%.6 % 0.0 % 0.09 % (0.08)% (0.4)% Business information Assets under administration 4,800 5,400 5,900 7,500 6,400 7,000 6,900 6,400 6,800 4,800 6,400 7,500 6,400 4,700 Other earnings measures Net income ,07 586,70,9,55 After-tax effect of amortization of other intangibles Cash Net income ,8 588,7,9,56 Capital charge (9) (4) (5) (75) (57) (4) () () (7) (708) (4) (587) (50) (447) Economic Profit 4 87 () () Includes income taxes and non-controlling interest in net income of subsidiaries. Excludes the amortization of computer software intangibles. --