Supplemental Regulatory Disclosure

Transcription

1 Supplemental Regulatory Disclosure For the Fourth Quarter Ended October, 08 For further information, please contact: TD Investor Relations Gillian Manning Head, Investor Relations Chris Bury AVP, Investor Relations Anita Bruinsma Senior Manager, Investor Relations

2 Introduction The information contained in this package is designed to facilitate the readers' understanding of the capital requirements of TD Bank Group ("TD" or the "Bank"). This information should be used in conjunction with the Bank's fourth quarter 08 Earnings News Release (ENR), the 08 Management's Discussion and Analysis (MD&A), the Bank's Consolidated Financial Statements for the year ended October, 08, Supplemental Financial Information, and Investor Presentation. For Basel-related terms and acronyms used in this package, refer to the "Glossary Basel" and "Acronyms" pages, respectively. How the Bank Reports The Bank prepares its Consolidated Financial Statements in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), the current generally accepted accounting principles (GAAP), and refers to results prepared in accordance with IFRS as "reported" results. Certain comparative amounts have been reclassified to conform with the presentation adopted in the current period. Effective November, 07, the Bank adopted IFRS 9, Financial Instruments (IFRS 9), which replaces the guidance in IAS 9, Financial Instruments: Recognition and Measurement (IAS 9). Accordingly, fiscal 08 numbers are based on IFRS 9. The Bank did not restate prior periods which continue to be based on IAS 9. For further details, refer to Note 4 of the Bank's 08 Consolidated Financial Statements. Basel III Reporting The Office of the Superintendent of Financial Institutions Canada (OSFI) has implemented a phased-in approach to the Credit Valuation Adjustment (CVA) component included in credit risk-weighted assets (RWA). The CVA capital charge phase-in is based on a scalar approach whereby a CVA capital charge of 80% applies in 08 for the Common Equity Tier (CET) calculation and will increase to 00% in 09. A different scalar applies to the CET, Tier, and Total Capital ratios. Therefore, each capital ratio has its own RWA measure. For fiscal 07, the scalars for inclusion of CVA for CET, Tier, and Total Capital RWA were 7%, 77%, and 8%, respectively. For fiscal 08, the corresponding scalars are 80%, 8%, and 86%, respectively. Effective in the second quarter of 08, OSFI implemented a revised methodology for calculating the regulatory capital floor. The revised floor is based on the Basel II standardized approach, with the floor factor transitioned in over three quarters. The factor increases from 70% in the second quarter of 08, to 7.5% in the third quarter, and 75% in the fourth quarter. Under the revised methodology, the Bank is no longer constrained by the capital floor. All three RWA measures are disclosed as part of the RWA disclosures on page 6, as well as the Capital Position disclosures on pages to. OSFI approved the Bank i) to use the Advanced Measurement Approach (AMA), and ii) to calculate the majority of the retail portfolio credit RWA in the U.S. Retail segment using the Advanced Internal Ratings Based (AIRB) approach. Effective the fourth quarter of 08, the Bank implemented the new Pillar disclosure requirements. As noted in the Pillar disclosure Index on the following pages, the disclosures are grouped by topic. Of note, Part 4 Credit Risk is credit risk exposures excluding counterparty credit risk and includes drawn, undrawn and other off balance sheet exposures whereas counterparty credit risk (CCR) for Part 5 Counterparty Credit Risk includes repo-style transactions and derivative exposures. The glossary provides additional details of items included in these exposure types. Risk-weighted assets disclosed in each disclosure include the 6% OSFI prescribed scaling factor, where applicable.

3 Table of Contents Page Page Pillar Disclosure Requirements Index IRB Credit Risk Exposures by Portfolio and PD Range (CR6) Qualifying Capital Position Basel III - Revolving Retail (QRR) 8 Flow Statement for Regulatory Capital IRB Credit Risk Exposures by Portfolio and PD Range (CR6) Other Retail 8 Reconciliation with Balance Sheet Under Regulatory Scope of Consolidation 4 Analysis of Counterparty Credit Risk (CCR) Exposure by Approach (CCR) 9 Leverage Ratio 5 Credit Valuation Adjustment (CVA) Capital Charge (CCR) 9 Overview of Risk-Weighted Assets (OV) 6 Standardized Approach CCR Exposures by Regulatory Portfolio Flow Statements for Risk-Weighted Assets Credit Risk 7 and Risk Weights (CCR) 9 Flow Statements for Risk-Weighted Assets Market Risk 8 CCR Exposures by Portfolio and PD Scale (CCR4) Corporate 0 Flow Statements for Risk-Weighted Assets Operational Risk 8 CCR Exposures by Portfolio and PD Scale (CCR4) Sovereign 0 Differences Between Accounting and Regulatory Scopes of CCR Exposures by Portfolio and PD Scale (CCR4) Bank 0 Consolidation and Mapping of Financial Statements with Regulatory Composition of Collateral for CCR Exposure (CCR5) Risk Categories (LI) 9 Credit Derivatives Exposures (CCR6) Main Sources of Differences Between Regulatory Exposure Amounts Exposures to Central Counterparties (CCR8) and Carrying Values in Financial Statements (LI) 0 Securitization Exposures in the Banking Book (SEC) Credit Quality of Assets (CR) 0 Securitization Exposures in the Trading Book (SEC) Credit Risk Mitigation Techniques Overview (CR) 0 Securitization Exposures in the Banking Book and Associated Gross Credit Risk Exposures - Regulatory Capital Requirements Bank Acting as Originator or Standardized Approach Credit Risk Exposure and Credit Risk as Sponsor (SEC) Mitigation (CRM) Effects (CR4) 4 Securitization Exposures in the Banking Book and Associated Standardized Approach Exposures by Asset Classes and Regulatory Capital Requirements Bank Acting as Investor (SEC4) Risk Weight (CR5) 4 AIRB Credit Risk Exposures: Actual and Estimated Parameters 4 IRB Credit Risk Exposures by Portfolio and PD Range (CR6) Corporate 5 IRB Backtesting of Probability of Default (PD) per Portfolio Non-Retail (CR9) 5 IRB Credit Risk Exposures by Portfolio and PD Range (CR6) Sovereign 5 IRB Backtesting of Probability of Default (PD) per Portfolio Retail (CR9) 6-7 IRB Credit Risk Exposures by Portfolio and PD Range (CR6) Bank 6 Glossary Basel 8 IRB Credit Risk Exposures by Portfolio and PD Range (CR6) Residential Acronyms 9 Secured 7

4 Pillar Disclosure Requirements In January 05, the Basel Committee on Banking Supervision (BCBS) published the standard for the Revised Pillar Disclosure Requirements (Revised Basel Pillar standard). The Revised Basel Pillar standard aim to address the problems identified through the financial crisis and to improve comparability and consistency of financial regulatory disclosures through more standardized formats between banks and across jurisdictions. Furthermore, OSFI issued the Pillar Disclosure Requirements guideline April 07, effective October, 08. The index below includes disclosure requirement per the BCBS document (and required by OSFI) and lists the location of the related disclosures presented in the fourth quarter 08, Supplemental Financial Information (SFI), or Supplemental Regulatory Disclosures (SRD). Information on TD's website, SFI, and SRD is not and should not be considered incorporated herein by reference into the 08 Annual Report, Management's Discussion and Analysis, or the Consolidated Financial Statements. Page Topic Part Overview of risk management Part Linkages between financial statements and regulatory exposures OVA Bank risk management approach. Pillar Disclosure Requirements Frequency Annual SFI Fourth Quarter 08 OV Overview of RWA. Quarterly 6 LI Differences between accounting and regulatory scopes of consolidation and mapping of financial statements with regulatory risk categories. SRD Fourth Quarter 08 Quarterly 9 LI Main sources of differences between regulatory exposure amounts and carrying values in financial statements. Quarterly 0 LIA Explanations of differences between accounting and regulatory exposure amounts. Quarterly 0 Annual Report 08 0, 56, 64-7, 8, 98 CRA General information about credit risk. Annual 69-7, 7-76 CR Credit quality of assets. Quarterly 0 CR Changes in stock of defaulted loans and debt securities. CRB Additional disclosure related to the credit quality of assets a) to d). Quarterly Annual 77, 7, 4, 66 CRB Additional disclosure related to the credit quality of assets - e) Breakdown of exposures by geographical areas, industry and residual maturity. Quarterly - CRB Additional disclosure related to the credit quality of assets - f) Amounts of impaired exposures (according to definition used by the bank for accounting purposes) and related allowances and write-offs broken down by geographical areas and industry. Quarterly 0-, 5-8 Part 4 Credit risk CRB Additional disclosure related to the credit quality of assets - g) Ageing analysis of accounting past-due exposures. Quarterly 66 CRB Additional disclosure related to the credit quality of assets - h) Breakdown of restructured exposures between impaired and not impaired exposures. Quarterly 0 CRC Qualitative disclosure requirements related to credit risk mitigation techniques. Annual 77 CR Credit risk mitigation techniques overview. Quarterly 0 CRD Qualitative disclosures on banks use of external credit ratings under the standardized approach for credit risk. Annual 76 CR4 Standardized approach credit risk exposure and Credit Risk Mitigation (CRM) effects. Quarterly 4 CR5 Standardized approach exposures by asset classes and risk weights. Quarterly 4 CRE Qualitative disclosures related to IRB models. Annual 69-7, 74-78, CR6 IRB - Credit risk exposures by portfolio and PD range. Quarterly 5-8

5 Page Topic Pillar Disclosure Requirements Frequency SFI Fourth Quarter 08 SRD Fourth Quarter 08 Annual Report 08 CR7 IRB Effect on RWA of credit derivatives used as CRM techniques. N/A Impact is immaterial and has been disclosed in CR, footnote. CR8 RWA flow statements of credit risk exposures under IRB. Quarterly 7 CR9 IRB Backtesting of probability of default (PD) per portfolio. Annual 5-7 CR0 IRB (specialized lending and equities under the simple risk weight method). N/A TD does not use this approach. CCRA Qualitative disclosure related to counterparty credit risk. Annual 76-77, 9 CCR Analysis of counterparty credit risk (CCR) exposure by approach. Quarterly 9 CCR Credit valuation adjustment (CVA) capital charge. Quarterly 9 Part 5 Counterparty credit risk CCR Standardized approach of CCR exposures by regulatory portfolio and risk weights. Quarterly 9 CCR4 IRB CCR exposures by portfolio and PD scale. Quarterly 0 CCR5 Composition of collateral for CCR exposure. Quarterly CCR6 Credit derivatives exposures. Quarterly CCR7 RWA flow statements of CCR exposures under the Internal Model Method (IMM). N/A TD does not use IMM CCR8 Exposures to central counterparties. Quarterly SECA Qualitative disclosure requirements related to securitization exposures. Annual 6-6, 78, 0, Part 6 Securitization SEC Securitization exposures in the banking book. Quarterly SEC Securitization exposures in the trading book. Quarterly SEC Securitization exposures in the banking book and associated regulatory capital requirements bank acting as originator or as sponsor. Quarterly SEC4 Securitization exposures in the banking book and associated capital requirements bank acting as investor. Quarterly MRA Qualitative disclosure requirements related to market risk. MRB Qualitative disclosures for banks using the Internal Models Approach (IMA). Part 7 Market risk MR Market risk under standardized approach. MR RWA flow statements of market risk exposures under an IMA. MR IMA values for trading portfolios. TD has deferred these disclosures as allowed per OSFI's Pillar guideline issued April 07 MR4 Comparison of VaR estimates with gains/losses. Current disclosures in SFI and annual report do not contain any exposures related to the deconsolidated insurance entities, therefore the Pillar requirements are fulfilled based on current disclosure. Value-at-Risk.

6 Capital Position Basel III ($ millions) Line Cross OSFI Q Q Q Q4 Reference Template Common Equity Tier Capital Common shares plus related contributed surplus $,67 $, $,87 $,8 $ 0,967 A+A+B Retained earnings 46,45 44, 4,6 4,744 40,489 C Accumulated other comprehensive income (loss) 6,69 6,498 5,9 4,47 8,006 D Common Equity Tier Capital before regulatory adjustments 4 74,05 7,844 70,57 67,444 69,46 6 Common Equity Tier Capital regulatory adjustments Goodwill (net of related tax liability) 5 (9,85) (9,079) (8,856) (8,6) (8,80) E+E-E 8 Intangibles (net of related tax liability) 6 (,6) (,54) (,74) (,4) (,0) F-F 9 Deferred tax assets excluding those arising from temporary differences 7 (7) (48) () () () G 0 Cash flow hedge reserve 8,568,8,60,7 506 H Shortfall of provisions to expected losses 9 (95) (967) (74) (679) (805) I Gains and losses due to changes in own credit risk on fair valued liabilities 0 (5) (09) (8) (68) (7) J 4 Defined benefit pension fund net assets (net of related tax liability) () (65) () () () K 5 Investment in own shares () () 6 Significant investments in the common stock of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions (amount above 0% threshold) (,088) (,54) (,) (,085) (,06) L+L+L 9 Total regulatory adjustments to Common Equity Tier Capital 4 (,66) (,748) (,088) (0,65) (,84) 8 Common Equity Tier Capital 5 5,89 50,096 49,485 46,809 46,68 9 Additional Tier capital instruments Directly issued qualifying Additional Tier instruments plus stock surplus 6 4,996 4,600 4,599 4,46 4,47 M+N+O 0/ Directly issued capital instruments subject to phase out from Additional Tier 7,455,456,455,455,9 P+P+P Additional Tier instruments issued by subsidiaries and held by third parties subject to phase out Q 4/5 Additional Tier capital instruments before regulatory adjustments 9 7,696 7,0 7,99 6,946 7,476 6 Additional Tier capital instruments regulatory adjustments Investment in own Additional Tier instruments 0 () 7 Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions (50) (50) (50) (5) (5) R+S 40 Total regulatory adjustments to Additional Tier Capital (50) (50) (50) (5) (5) 4 Additional Tier Capital 7,46 6,95 6,949 6,594 7, 44 Tier Capital 4 59,75 57,047 56,44 5,40 5,75 45 Tier capital instruments and provisions Directly issued qualifying Tier instruments plus related stock surplus 5 8,97 7,84 7,7 7,08 7,56 T 46 Directly issued capital instruments subject to phase out from Tier ,648 U 47 Tier instruments issued by subsidiaries and held by third parties subject to phase out 7 48/49 Collective allowance 8,74,665,7,66,668 V 50 Tier Capital before regulatory adjustments 9 0,859 9,048 9,696 9,56,47 5 Tier regulatory adjustments Investments in own Tier instruments 0 () (5) 5 Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions (60) (60) (60) (60) (60) W 55 Total regulatory adjustments to Tier Capital (60) (6) (60) (60) (85) 57 Tier Capital 0,699 8,886 9,56 9,66,87 58 Total Capital 4 70,44 65,9 65,970 6,769 65,08 59 Common Equity Tier Capital RWA 4,5 5 45,6 48,94 47,89 44,7 45,750 60a Tier Capital RWA 4,5 6 45,780 49,08 47,95 44,7 45,750 60b Total Capital RWA 4,5 7 $ 45,97 $ 49, $ 48,08 $ 44,7 $ 45,750 60c 4 5 Capital position has been calculated using the "all-in" basis. Cross referenced to the Reconciliation with Balance Sheet Under Regulatory Scope of Consolidation table on page 4. Effective November, 07, amounts are presented in accordance with IFRS 9. Prior periods have not been restated and are based on IAS 9. Refer to Note 4 of the Bank's 08 Consolidated Financial Statements. Each capital ratio has its own RWA measure due to the OSFI prescribed scalar for inclusion of the CVA. For fiscal 08, the scalars for inclusion of CVA for CET, Tier, and Total Capital RWA are 80%, 8%, and 86%, respectively. For fiscal 07, the corresponding scalars were 7%, 77%, and 8%, respectively. Prior to the second quarter of 08, RWA for all ratios were the same due to the regulatory floor which was based on Basel I risk weights. Subsequently, the regulatory floor is based on standardized risk weights and is no longer triggered resulting in a separate RWA for each ratio due to the CVA scalar.

7 Capital Position Basel III (Continued) ($ millions, except as noted) Line OSFI Q Q Q Q4 Template Capital Ratios Common Equity Tier Capital (as percentage of CET Capital RWA) 8.0 %.7 %.8 % 0.6 % 0.7 % 6 Tier (as percentage of Tier Capital RWA) Total Capital (as percentage of Total Capital RWA) Buffer requirement (minimum CET requirement plus capital conservation buffer plus global systemically important banks (G-SIBs) buffer plus domestic systemically important banks (D-SIBs) buffer requirement expressed as percentage of RWA), of which: capital conservation buffer requirement of which: countercyclical buffer requirement of which: D-SIB buffer requirement a Common Equity Tier available to meet buffers (as percentage of RWA) OSFI all-in target (minimum plus conservation buffer plus D-SIB surcharge (if applicable)) 6 Common Equity Tier all-in target ratio Tier all-in target ratio Total Capital all-in target ratio Amounts below the thresholds for deduction (before risk weighting) Non-significant investments in the capital of other financials 49 $ 4,7 $,075 $ 4,9 $,8 $,64 7 Significant investments in the common stock of financials 50 5,48 5,5 5,06 4,789 4,78 7 Mortgage servicing rights Deferred tax assets arising from temporary differences (net of related tax liability) 5 885,09,58, Applicable caps on the inclusion of allowances in Tier Allowance eligible for inclusion in Tier in respect of exposures subject to standardized approach (prior to application of cap) 5,74,665,7,66, Cap on inclusion of allowances in Tier under standardized approach 54,070,00,04,94,09 77 Capital instruments subject to phase-out arrangements (only applicable between January, 0 to January, 0) Current cap on Additional Tier instruments subject to phase out arrangements 55,700,700,700,700,76 8 Amounts excluded from Additional Tier due to cap (excess over cap after redemptions and maturities) Current cap on Tier instruments subject to phase out arrangements 57,505,505,505,505 4,8 84 Amounts excluded from Tier due to cap (excess over cap after redemptions and maturities) Capital Ratios transitional basis 7 Risk-weighted assets 59 $ n/a 8 $ n/a $ n/a $ n/a $ 44,86 Common Equity Tier Capital 60 n/a 7 n/a n/a n/a 5,94 Tier Capital 6 n/a 7 n/a n/a n/a 54,5 Total Capital 6 n/a 7 n/a n/a n/a 65,646 Common Equity Tier (as percentage of RWA) 6 n/a 7 % n/a % n/a % n/a %.6 % Tier Capital (as percentage of RWA) 64 n/a 7 n/a n/a n/a. Total Capital (as percentage of RWA) 65 n/a 7 n/a n/a n/a 4.8 Capital Ratios for significant bank subsidiaries TD Bank, National Association (TD Bank, N.A.) 9 Common Equity Tier Capital Tier Capital Total Capital TD Mortgage Corporation Common Equity Tier Capital Tier Capital Total Capital Capital position has been calculated using the "all-in" basis. The minimum CET requirement prior to the buffers is 4.5%. The Financial Stability Board, in consultation with BCBS and national authorities, has identified the 08 list of G-SIBs, using 07 fiscal year-end data. The Bank was not identified as a G-SIB. The countercyclical buffer surcharge is in effect. Common equity capital D-SIB surcharge is in effect. Reflects Pillar targets and does not include Pillar domestic stability buffer of.5%. The "transitional" basis of regulatory reporting allows for certain adjustments to CET, the largest of which being goodwill, intangible assets and the threshold deductions, to be phased-in over a period of five years starting in 04. Effective the first quarter of 08, the transitional period has ended and thus there is no longer a transitional ratio. Not applicable. On a stand-alone basis, TD Bank, N.A. reports regulatory capital to the Office of the Comptroller of the Currency (OCC) on calendar quarter ends.

8 Flow Statement for Regulatory Capital ($ millions) Line # Q4 Q Q Q Q4 Common Equity Tier Balance at beginning of period $ 50,096 $ 49,485 $ 46,809 $ 46,68 $ 44,975 New capital issues Redeemed capital (,457) (44) (57) Gross dividends (deductions) 4 (,74) (,8) (,9) (,54) (,55) Shares issued in lieu of dividends (add back) Profit attributable to shareholders of the parent company 6,94,087,898,5,677 Removal of own credit spread (net of tax) 7 (6) 9 (50) 5 0 Movements in other comprehensive income Currency translation differences ,08 (,45),68 Available-for-sale investments 9 n/a n/a n/a n/a 6 Financial assets at fair value through other comprehensive income 0 () () (56) 4 n/a Other () () 8 (98) (4) Goodwill and other intangible assets (deduction, net of related tax liability) (88) (0) (75) 75 (600) Other, including regulatory adjustments and transitional arrangements Deferred tax assets that rely on future profitability (excluding those arising from temporary differences) (69) (7) (9) 7 Prudential valuation adjustments 4 Other 5 85 (77) (8) 98 (568) Balance at end of period 6 5,89 50,096 49,485 46,809 46,68 Additional Tier Capital Balance at beginning of period 7 6,95 6,949 6,594 7, 7,7 New additional Tier eligible capital issues Redeemed capital 9 (600) Other, including regulatory adjustments and transitional arrangements 0 (5) 5 (59) 45 Balance at end of period 7,46 6,95 6,949 6,594 7, Total Tier Capital 59,75 57,047 56,44 5,40 5,75 Tier Capital Balance at beginning of period 8,886 9,56 9,66,87,84 New Tier eligible capital issues 4,750 Redeemed capital 5 (650) (,800) (70) Amortization adjustments 6 Allowable collective allowance 7 69 (56) 59 (6) 97 Other, including regulatory adjustments and transitional arrangements 8 (6) 56 (5) 76 Balance at end of period 9 0,699 8,886 9,56 9,66,87 Total Regulatory Capital 0 $ 70,44 $ 65,9 $ 65,970 $ 6,769 $ 65,08 The statement is based on the applicable regulatory rules in force at the period end. Represents impact of shares repurchased for cancellation. Profit attributable to shareholders of the parent company reconciles to the income statement.

9 Reconciliation with Balance Sheet Under Regulatory Scope of Consolidation ($ millions) 08 As at Q4 Line Under Regulatory scope Cross # Balance Sheet of consolidation Reference Cash and due from banks $ 4,75 $ $ 4,75 Interest-bearing deposits with banks 0,70 0,585 Trading loans, securities, and other 7,897 7,897 Non-trading financial assets at fair value through profit or loss 4 4,05,554 Derivatives 5 56,996 57,00 Financial assets designated at fair value through profit or loss 6,68,50 Financial assets at fair value through other comprehensive income 7 0,600 8,84 Debt securities at amortized cost, net of allowance for credit losses 8 07,7 06,96 Securities purchased under reverse repurchase agreements 9 7,79 7,79 Loans 0 649,94 649,94 Allowance for loan losses (,549) (,549) Eligible allowance reflected in Tier regulatory capital (,74) V Shortfall of allowance to expected loss (95) I Allowances not reflected in regulatory capital 4 (86) Other 5 95,79 9,7 Investment in TD Ameritrade Significant investments exceeding regulatory thresholds 6 94 L Significant investments not exceeding regulatory thresholds 7 4,684 Imputed goodwill 8,847 E Goodwill 9 6,56 E Other intangibles 0,40 F Other intangibles (Mortgage Servicing Rights) 9 Deferred tax assets Deferred tax assets (DTA) excluding those arising from temporary differences 7 G DTA's (net of associated deferred tax liabilities (DTL)) realizable through net operating loss (NOL) carryback 885 DTA's (net of associated DTL's) arising from temporary differences but not realizable through NOL carryback 4,06 DTA's (net of associated DTL's) arising from temporary differences but not realizable through NOL carryback exceeding regulatory thresholds 5 Other DTA/DTL adjustments Significant investments in financials (excluding TD Ameritrade) Significant investments exceeding regulatory thresholds 7 L Significant investments in Additional Tier Capital 8 S Significant investments not exceeding regulatory thresholds 9 6 Defined pension benefits 0 K Other Assets 6,996 TOTAL ASSETS,4,90,8,5 LIABILITIES AND EQUITY 5 Trading deposits 4,704 4,704 Derivatives 4 48,70 48,70 Securitization liabilities at fair value 5,68,68 Deposits 6 85,49 85,49 Other 7 9,09,40 Deferred tax liabilities Goodwill 8 98 E Intangible assets (excluding mortgage servicing rights) 9 84 F Other deferred tax liabilities (Cash flow hedges and other DTL's) 40 (554) Other DTA/DTL adjustments Gains and losses due to changes in own credit risk on fair value liabilities 4 5 J Other liabilities 4,050 Subordinated notes and debentures 44 8,740 8,740 Directly issued qualifying Tier instruments 45 8,97 T Directly issued capital instruments subject to phase out from Tier U Capital instruments not allowed for regulatory capital 47 (85) Liabilities 48,54,86,48, Common Shares 49,, A Preferred Shares 50 5,000 5,000 Directly issued qualifying Additional Tier instruments 5 5,000 M Directly issued capital instruments subject to phase out from Additional Tier 5,58 P Preferred shares not allowed for regulatory capital 5 (,58) Treasury Shares Common 54 (44) (44) A Treasury Shares Preferred 55 (7) (7) Treasury Shares non-viability contingent capital (NVCC) Preferred Shares 56 (7) N Treasury Shares non-nvcc Preferred Shares 57 Contributed Surplus Contributed surplus Common Shares B Contributed surplus Preferred Shares 60 O Retained Earnings 6 46,45 46,45 C Accumulated other comprehensive income (AOCI) 6 6,69 6,69 D Cash flow hedges requiring derecognition 6 (,568) H Net AOCI included as capital 64 9,07 Non-controlling interests in subsidiaries Portion allowed for regulatory capital (directly issued) subject to phase out additional Tier P Portion allowed for regulatory capital (issued by subsidiaries and held by third parties) subject to phase out additional Tier Q Portion not allowed for regulatory capital subject to phase out 68 5 TOTAL LIABILITIES AND EQUITY 69 $,4,90 $,8,5 As per Balance Sheet on page in the Supplemental Financial Information Package. Legal entities excluded from the regulatory scope of consolidation included the following insurance subsidiaries: Meloche Monnex Inc. (consolidated), TD Life Insurance Company and TD Reinsurance (Barbados) Inc. which have total assets included in the consolidated Bank of $6.8 billion and total equity of $.5 billion, of which $6 million is deducted from CET, $50 million is deducted from additional Tier and $60 million is deducted from Tier Capital. Cross referenced (L, R, W) respectively, to the Capital Position Basel III on page. Cross referenced to the current period on the Capital Position Basel III on pages and. 4 This adjustment is related to deferred tax assets/liabilities netted for financial accounting purposes. 5 Included in current cap on additional Tier instruments is $.7 billion related to TD Capital Trust IV (no longer consolidated as the Bank is not the primary beneficiary of the trust). The allowed for regulatory capital is $700 million (P cross referenced to Capital Position Basel III on page ). 4

10 Leverage Ratio ($ millions, except as noted) Line OSFI Q Q Q Q4 Template Summary comparison of accounting assets vs. leverage ratio exposure measure Total consolidated assets as per published financial statements $,4,90 $,9,504 $,8,86 $,6,6 $,78,995 Adjustment for investments in banking, financial, insurance or commercial entities that are consolidated for accounting purposes but outside the scope of regulatory consolidation (5,800) (5,98) (5,497) (5,48) (5,8) Adjustments for fiduciary assets recognized on the balance sheet pursuant to the operative accounting framework but excluded from the leverage ratio exposure measure Adjustments for derivative financial instruments 4 (7,78) 594 (6,0) (9,90) (,5) 4 Adjustment for securities financing transactions (SFT) 5 (9,658) (6,89) (8,97) (,668) (,559) 5 Adjustment for off-balance sheet items (credit equivalent amounts) 6 50,90 7,850 7,8 0,589 0,89 6 Other adjustments 7 (,09) (,64) (,78) (,87) (,980) 7 Leverage Ratio Exposure 8 $,40,98 $,85,80 $,79,440 $,4,50 $,66,804 8 Leverage Ratio Common Disclosure Template On-balance sheet exposures On-balance sheet items (excluding derivatives, SFTs and grandfathered securitization exposures but including collateral) 9 $,44,580 $,09,66 $,08,98 $,070,5 $,08,48 Less: Asset amounts deducted in determining Tier Capital 0 (,897) (,989) (,9) (0,98) (,55) Total on-balance sheet exposures (excluding derivatives and SFTs),,68,087,67,060,599,049,4,060,06 Derivative exposures Replacement cost associated with all derivative transactions (such as net of eligible cash variation margin),8,409 4,54,4,074 4 Add-on amounts for potential future exposure (PFE) associated with all derivative transactions 4,49 9,885 9,47 5,850 8, 5 Gross up for derivatives collateral provided where deducted from the balance sheet assets pursuant to the operative accounting framework 4 6 Deductions of receivables assets for cash variation margin provided in derivative transactions 5 (5,66) (5,66) (5,8) (9,00) (5,85) 7 Exempted central counterparty (CCP)-leg of client cleared trade exposures 6 8 Adjusted effective notional amount of written credit derivatives 7,, ,694 9 Adjusted effective notional offsets and add-on deductions for written credit derivatives 8 (566) (,44) (40) (74) (,085) 0 Total derivative exposures 9 49,6 48,6 49,086 40,655 45,04 Securities financing transaction exposures Gross SFT assets recognized for accounting purposes (with no recognition of netting), after adjusting for sale accounting transactions 0 7,79 9,09 40,94 4,600 4,49 Netted amounts of cash payables and cash receivables of gross SFT assets (,6) (9,8) (,07) (5,87) (4,95) Counterparty credit risk (CCR) exposure for SFTs,974,49,640,69,9 4 Agent transaction exposures 5 Total securities financing transaction exposures 4 07,7,7,57 0,9 0,869 6 Other off-balance sheet exposures Off-balance sheet exposure at gross notional amount 5 550,977 59,49 58,97 506,6 504,44 7 Adjustments for conversion to credit equivalent amounts 6 (400,067) (9,569) (90,959) (76,0) (7,6) 8 Off-balance sheet items 7 50,90 7,850 7,8 0,589 0,89 9 Capital and Total Exposures Transitional basis Tier Capital 8 n/a n/a n/a n/a 54,5 Total Exposures (sum of lines, 9, 4, and 7) 9 $ n/a $ n/a $ n/a $ n/a $,66,804 Leverage Ratio Transitional basis (line 8 divided by line 9) 0 n/a % n/a % n/a % n/a % 4.0 % "All-in" basis (required by OSFI) Tier Capital "All-in" basis (line 4 on page ) $ 59,75 $ 57,047 $ 56,44 $ 5,40 $ 5,75 0 Regulatory adjustments n/a n/a n/a n/a (,4) Total Exposures (sum of lines, 9, 4 and 7) All-in basis $,40,98 $,85,80 $,79,440 $,4,50 $,66,045 Leverage Ratio "All-in" basis (line divided by line ) 4 4. % 4. % 4. % 4.0 %.9 % Prior to the first quarter of 08, lines to 7 were measured on the transitional basis. Effective the first quarter of 08, the transitional period has ended and thus all items are measured on the 'all-in' basis and there is no longer a transitional ratio. 5

11 Overview of Risk-Weighted Assets (OV) ($ millions) Line Minimum capital As at # Risk-Weighted Assets (RWA) requirements OSFI Q4 Q Q4 Q Template Credit risk (excluding counterparty credit risk) (CCR) $ 5,96 $ 9,777 $ 6,075 $ 5,58 Of which standardized approach (SA) 4 60,7 57,9,859,586 Of which internal ratings-based (IRB) approach 65,04 6,458,6,996 Counterparty credit risk 4 4,67,674,4,094 4 Of which standardized approach for counterparty credit risk (SA-CCR) 5 5 Of which current exposure method (CEM) 6 5,09 5, n/a Of which internal model method (IMM) 7 6 Of which other CCR 5 8 9,058 8, n/a Equity positions in banking book under market-based approach 9 7 Equity investments in funds look-through approach Equity investments in funds mandate-based approach Equity investments in funds fall-back approach Settlement risk Securitization exposures in banking book 4,50,55,08,084 Of which IRB ratings-based approach (RBA) 6 5 9,05 9, Of which IRB supervisory formula approach (SFA) 6 4 Of which SA/simplified supervisory formula approach (SSFA) 7 4,5 4, Market risk 8, 4,670,057,74 6 Of which standardized approach (SA) Of which internal model approaches (IMM) 0,00 4,507,04,6 8 Operational risk 5,75 5,50 4,90 4,00 9 Of which basic indicator approach 0 Of which standardized approach 4,49 4, Of which advanced measurement approach 4 48,6 47,60,850,77 Amounts below the thresholds for deduction (subject to 50% risk weight) 5 5,680 5,50,54,9 Floor adjustment 6 4 Total (lines ) 7 $ 45,6 $ 48,94 $ 4,85 $ 4, Represents CET RWA which includes CVA at 80%. RWA include 6% scalar when appropriate. Minimum capital requirements equals 8% of RWA. Includes other assets and equities which use a regulatory prescribed risk weight. Includes qualifying central counterparties (QCCPs), CVA and repo style transactions. Includes internal assessment approach (IAA). 6

12 Flow Statements for Risk-Weighted Assets Credit Risk ($ millions) LINE 08 Non- Of which internal counterparty rating-based (IRB) Counterparty Of which IRB credit risk approach credit risk approach RWA, balance at beginning of period $ 49,50 $ 6,458 $,67 $ 6,694 Asset size 4,857, Asset quality 5 (70) (70) 4 6 Model updates 6 4 Methodology and policy 7 5 Acquisitions and disposals 6 Foreign exchange movements 8 7, Other RWA, balance at end of period 9 $ 55,777 $ 65,04 $ 4,67 $ 6, Q Q Q Q4 Non- Non- Non- Noncounterparty Counterparty counterparty Counterparty counterparty Counterparty counterparty Counterparty credit risk credit risk credit risk credit risk credit risk credit risk credit risk credit risk RWA, balance at beginning of period 0 $ 8,5 $,656 $,07 $,59 $ 8,55 $,58 $,495 $,594 Asset size 4 4,6 77 4, ,09,07,6 (,500) Asset quality 5 (,0) (4),4 (40) 46 (8) (596) (95) Model updates 6 4,784 (5) 78 (60) Methodology and policy Acquisitions and disposals 5 (447) 6 4,67 Foreign exchange movements 8 6,9 64 9,8 08 (0,8) (64) 7, Other 9 7 () RWA, balance at end of period 8 $ 49,50 $,67 $ 8,5 $,656 $,07 $,59 $ 8,55 $, Non-counterparty credit risk includes loans and advances to individuals and small business retail customers, wholesale and commercial corporate customers, and banks and governments, as well as holdings of debt, equity securities, and other assets including prepaid expenses, deferred income taxes, land, building, equipment, and other depreciable property. Reflects Pillar requirements for RWA flow statements of credit risk exposures under IRB (CR8) which excludes securitization and equity. Counterparty credit risk is comprised of over-the-counter (OTC) derivatives, repo-style transactions, trades cleared through central counterparties, and CVA RWA which is phased in at 80% for fiscal 08. The Asset size category consists of organic changes in book size and composition (including new business and maturing loans), and for the fourth quarter of 08, increased due to growth in various portfolios in the Canadian Retail and U.S. Retail segments. The Asset quality category includes quality of book changes caused by experience such as underlying customer behaviour or demographics, including changes through model calibrations/realignments. The Model updates category relates to model implementation, changes in model scope, or any changes to address model malfunctions. The Methodology and policy category impacts reflect newly adopted methodology changes to the calculations driven by regulatory policy changes, such as new regulations. Foreign exchange movements are mainly due to a change in the U.S. dollar foreign exchange rate for the U.S. portfolios in the U.S. Retail and Wholesale Banking segments. The Other category consists of items not described in the above categories, including changes in exposures not included under advanced or standardized methodologies, such as prepaid expenses, deferred income taxes, land, building, equipment and other depreciable property, and other assets. 7

13 Flow Statements of Risk-Weighted Assets Market Risk ($ millions) LINE Q Q Q Q4 RWA, balance at beginning of period $ 4,670 $ 5,48 $,0 $ 4,00 $,84 Movement in risk levels (,457) (578),945 (,70) 78 Model updates/changes Methodology and policy 4 (997) Acquisitions and disposals 5 Foreign exchange movements and other 4 6 n/m 5 n/m n/m n/m n/m RWA, balance at end of period 7 $, $ 4,670 $ 5,48 $,0 $ 4, The Movement in risk levels category reflects changes in risk due to position changes and market movements. A decrease in interest rate risk and a decrease in debt specific risk due to reduction in exposure to financial and government bonds contributed to the decrease in RWA. The Model updates category reflects updates to the model to reflect recent experience and change in model scope. The Methodology and policy category reflects newly adopted methodology changes to the calculations driven by regulatory policy changes. Foreign exchange movements and other are deemed not meaningful since RWA exposure measures are calculated in Canadian dollars. Therefore, no foreign exchange translation is required. Not meaningful. Flow Statement for Risk-Weighted Assets Operational Risk ($ millions) LINE Q Q Q Q4 Disclosure for Operational Risk Risk-Weighted Assets Movement by Key Driver RWA, balance at beginning of period $ 5,50 $ 50,9 $ 49,46 $ 48,9 $ 47,7 Revenue generation Movement in risk levels 706 4,949 7 Model updates 4 Methodology and policy 4 5 Acquisitions and disposals 6 Foreign exchange movements and other (,077) 86 RWA, balance at end of period 8 $ 5,75 $ 5,50 $ 50,9 $ 49,46 $ 48,9 4 5 The movement in the Revenue generation category is due to a change in gross income. The Movement in risk levels category primarily reflects changes in risk due to operational loss experience, business environment, internal control factors, and scenario analysis. The Model updates category relates to model implementation, changes in model scope, or any changes to address model malfunctions. The Methodology and policy category reflects newly adopted methodology changes to the calculations driven by regulatory policy changes. Foreign exchange movements are mainly due to a change in the U.S. dollar foreign exchange rate for the U.S. portfolios in the U.S. Retail segment. 8

14 Differences Between Accounting and Regulatory Scopes of Consolidation and Mapping of Financial Statements with Regulatory Risk Categories (LI) ($ millions) LINE 08 Carrying values of items Carrying values Carrying values Subject to Not subject to capital as reported in under scope of Subject to counterparty Subject to the Subject to the requirements or published financial regulatory credit risk credit risk securitization market risk subject to deduction statements consolidation framework framework framework framework from capital Assets Cash and due from banks $ 4,75 $ 4,75 $ 4,75 $ $ $ $ Interest-bearing deposits with banks 0,70 0,585 9, Trading loans, securities, and other 7,897 7, ,47,7 Non-trading financial assets at fair value through profit or loss 4 4,05,554 65,09 (90) Derivatives 5 56,996 57,00 57,00 5,087 Financial assets designated at fair value through profit or loss 6,68,50,655 (45) Financial assets at fair value through other comprehensive income 7 0,600 8,84 06,5,9 Debt securities at amortized cost, net of allowance for credit losses 8 07,7 06,96 67,608 9,58 70 Securities purchased under reverse repurchase agreements 9 7,79 7,79 7,79,90 Residential mortgages 0 5,9 5,9 5,54 () Consumer instalment and other personal 7,079 7,079 70,565,54 Credit card 5,08 5,08,67,85 Business and government 7,654 7,654 09,988 8,84 (58) Allowance for loan losses 4 (,549) (,549) () (,48) Customers' liability under acceptances 5 7,67 7,67 7,67 Investment in TD Ameritrade 6 8,445 8,445 8,445 Goodwill 7 6,56 6,56 6,56 Other intangibles 8,459,459,459 Land, buildings, equipment, and other depreciable assets 9 5,4 5,67 5,67 Deferred tax assets 0,8,7,46,96 Amounts receivable from brokers, dealers and clients 6,940 6,940,049 5,89 Other assets 5,596,7, Total assets $,4,90 $,8,5 $ 886,79 $ 84,80 $ 7,870 $ 8,7 $ 57,94 Liabilities Trading deposits 4 $ 4,704 $ 4,704 $ $ $ $ 6,0 $ 08,50 Derivatives 5 48,70 48,70 48,70 44,9 Securitization liabilities at fair value 6,68,68,68 Deposits 7 85,49 85,49 85,49 Acceptances 8 7,69 7,69 7,69 Obligations related to securities sold short 9 9,478 9,478 7,,55 Obligations related to securities sold under repurchase agreements 0 9,89 9,89 9,89,797 Securitization liabilities at amortized cost 4,68 4,68 4,68 Amounts payable to brokers, dealers, and clients 8,85 8,85 8,85 Insurance-related liabilities 6, Other liabilities 4 9,90 9,0 9,8 Subordinated notes and debentures 5 8,740 8,740 8,740 Total liabilities 6 $,54,86 $,48, $ $ 4,659 $ $ 04,06 $,050,07 Certain exposures may be included in more than one column if subject to both credit and market risk. Excludes assets and liabilities of insurance subsidiaries. 9

15 Main Sources of Differences Between Regulatory Exposure Amounts and Carrying Values in Financial Statements (LI) ($ millions) LINE 08 Items subject to Counterparty Credit risk credit risk Securitization Market risk Total framework framework framework framework Asset carrying value amount under scope of regulatory consolidation $,7,5 $ 886,79 $ 84,80 $ 7,870 $ 8,7 Liabilities carrying value amount under regulatory scope of consolidation 45,70 4,659 04,06 Total net amount under regulatory scope of consolidation,08, ,79 4,7 7,870 79, Off-balance sheet amounts 4 7,689 5,9 0,470 Differences due to different netting rules, other than those already included in line 5 44,00 44,00 Adjustment for derivatives and PFE 6 55,75 55,75 Gross up for repo-style transactions 7 86,779 86,779 Exposure amounts considered for regulatory purposes 8 $,640,78 $,9,0 $ 9,55 $ 9,40 $ 79, Credit Quality of Assets (CR), ($ millions) LINE 08 Gross carrying values of: Defaulted Non-defaulted Allowances/ exposures exposures impairments 4 Net values Loans $,54 $ 65,4 $ (,5) $ 65,864 Debt securities 69,46 69,46 Off-balance sheet exposures 478,06 (,09) 476,987 Total 4 $,54 $,99,78 $ (4,560) $,98, 4 Excludes insurance subsidiaries, securitization exposures, and assets at fair value through profit or loss. Restructured exposures as at October, 08 are $,089 million, of which $4 million is considered impaired. Includes total impaired exposures, of which $,590 million is in the default category and $,564 million is in the high risk/watch and classified categories. Includes Stage,, and allowances. Credit Risk Mitigation Techniques Overview (CR) ($ millions) LINE 08 Exposures Exposures Exposures unsecured Exposures secured secured carrying Exposures secured by by financial by credit amount secured collateral guarantees derivatives Loans $,06 $ 4,4 $ 99,846 $,488 $ Debt securities 67,768,69 9,60 Total $ 400,89 $ 44,07 $ 99,846 $,579 $,60 Of which defaulted 4,6,5,07 5 Represent collateral, financial guarantees and credit derivatives only when such result in reduced capital requirements. For retail exposures reflects collateral as at origination and for non-retail only reflects financial collateral. As of fourth quarter of 08, the impact to RWA from credit derivatives used as credit risk mitigation techniques is a decrease of $. billion (CR7). 0

16 Gross Credit Risk Exposure ($ millions) LINE Q Repo-style OTC Other off- Repo-style OTC Other off- By Counterparty Type Drawn Undrawn transactions derivatives balance sheet Total Drawn Undrawn transactions derivatives balance sheet Total Retail Residential secured $,84 $ 5,57 $ $ $ $ 74,54 $ 5,88 $ 5,5 $ $ $ $ 67,4 Qualifying revolving retail 0,549 8,89,88 9,884 79,968 09,85 Other retail 86,488 6,8 9 9,48 85,09 6, , ,4 40, ,77 40,9 7, ,895 Non-retail Corporate 5 06,808 8,706 60,00,995 6,97 478,78 0,554 80,48 66,00,040 6,86 475,048 Sovereign 6 87,848,686,750 6,556,5,6 87,9,4 8,79 4,698,77 4,5 Bank 7 8,79,648 7,704 0,600 4,08 8,4 7,77,5 64,60 8,0,445 7,55 8 4,95 87,040 55,754 50,5,577 89,457 47,4 84,9 59,49 4,948,40 86,86 Total 9 $ 86,56 $ 7,857 $ 55,754 $ 50,5 $,66 $,49,74 $ 848,5 $,854 $ 59,49 $ 4,948 $,445 $,95,7 By Country of Risk Canada 0 $ 475,068 $ 8,554 $ 05,967 $ 6,95 $ 0,005 $ 75,889 $ 464,056 $ 6,098 $ 0,48 $,540 $ 9,44 $ 74,56 United States,669 96,8 78,77 4,869,49 5,54,709 9,7 80,46 4,48,78 50,84 Other International Europe 4,09,40 59,569 5,7 77 0,79 4,98,900 60,758 4,08 74,409 Other,0 665,94, ,50 9, ,7,78 8 9,5 4 65,69,075 7,50 8,987,0 60, 6,70,59 76,469 7, ,56 Total 5 $ 86,56 $ 7,857 $ 55,754 $ 50,5 $,66 $,49,74 $ 848,5 $,854 $ 59,49 $ 4,948 $,445 $,95,7 By Residual Contractual Maturity Within year 6 $ 78,65 $ 57,706 $ 55,754 $ 4,58 $ 9,86 $ 76,50 $ 76,0 $ 55,494 $ 59,49 $ 9,808 $ 0,059 $ 70,9 Over year to 5 years 7 98,9 67,7 7,67, ,9 98,88 64,869 6,996 0,46 49,09 Over 5 years 8 85,4,779 7, ,04 7,05,49 7,44 9 8,609 Total 9 $ 86,56 $ 7,857 $ 55,754 $ 50,5 $,66 $,49,74 $ 848,5 $,854 $ 59,49 $ 4,948 $,445 $,95,7 Non-Retail Exposures by Industry Sector Real estate Residential 0 $ 4,95 $,676 $ $ 7 $,50 $ 9,67 $ 4,487 $,668 $ $ 9 $,548 $ 8,7 Non-residential 7,95 5, ,09 6,888 4, ,0 Total real-estate 6,48 7,7 4,9 7,58 6,75 7, ,90 7,05 Agriculture 6, ,95 6, ,09 Automotive 4,84 4, ,549,60 5, ,466 Financial 5 40,56,4 7,998 7,685,66 00,049 8,9,64 7,480,50,57 9,47 Food, beverage, and tobacco 6 5,65, ,90 5,65, ,795 Forestry 7, ,44, ,087 Government, public sector entities, and education 8 0,88 4,68 4,64 7,8 6,44 5,40 0,06,65 9,79 5,588 5,077 54,660 Health and social services 9 8,00,956 5,075,405 7,49, ,979,6 Industrial construction and trade contractors 0 4,6, ,49 4,05, ,77 Metals and mining,988, ,70,865,48 98,00 8,57 Pipelines, oil, and gas 6,94,490 85,084,5,688 6,69,68 7,,66 0,98 Power and utilities 5,977 7, ,69 7,86 5,75 7, ,49 6,9 Professional and other services 4 4,5 5, ,79 4,70 5, ,0 Retail sector 5 6,88, ,40 6,4, ,678 Sundry manufacturing and wholesale 6 0,60 6, ,856 9,749 6, ,4 Telecommunications, cable, and media 7 6,0 7, ,048 6,776 8, ,49 Transportation 8,459, ,07 5,,467,07 64,07 4,95 Other 9 5,08,50, ,67 4,900,5, ,7 Total 40 $ 4,95 $ 87,040 $ 55,754 $ 50,5 $,577 $ 89,457 $ 47,4 $ 84,9 $ 59,49 $ 4,948 $,40 $ 86,86 Gross credit risk exposure is before credit risk mitigants. This table excludes securitization, equity, and other credit RWA. Gross exposure on undrawn commitments is exposure at default which is the amount currently undrawn but expected to be drawn assuming a default on the underlying committed loan agreement.

17 Gross Credit Risk Exposure (Continued) ($ millions) LINE As at # Q Q Repo-style OTC Other off- Repo-style OTC Other off- By Counterparty Type Drawn Undrawn transactions derivatives balance sheet Total Drawn Undrawn transactions derivatives balance sheet Total Retail Residential secured $ 08,4 $ 49,886 $ $ $ $ 58,99 $ 04,00 $ 49,080 $ $ $ $ 5,80 Qualifying revolving retail,67 68,46 9,88,40 70,58 9,678 Other retail 89,55 6, ,07 87,88 6, ,96 4 4,60 4, ,54 44,40 5, ,54 Non-retail Corporate 5 00,08 76,987 59,75,54 5,78 46,767 89,65 7,56 45,888,476 5,46 4,84 Sovereign 6 90,44,456 9,7 5,00,696 8,97 9,49,79,556 4,98,647 4,98 Bank 7 6,9,006 6,9 9,70,68 6,88 0,64,44 68,85 6,960,67, ,444 8,449 5,008 46,4,7 88,5 4,695 75,079 46,69 4,48 0, ,97 Total 9 $ 89,047 $ 06,057 $ 5,008 $ 46,4 $,60 $,64,606 $ 88,097 $ 00,89 $ 46,69 $ 4,48 $ 0,55 $,9,55 By Country of Risk Canada 0 $ 46,084 $ 7,685 $ 9,85 $, $ 9,08 $ 70,89 $ 45,895 $ 9,455 $ 85,08 $,08 $ 9,74 $ 688,75 United States 5,556 74,958 8,75,50,6 496,9 04,8 68,0 8,675,97 0,66 479,0 Other International Europe 4,97,804 59,444 5,879 69,68 48,46,54 56,7 5,8 508,9 Other 9, ,96, ,0,57 7,609 4, ,87 4 6,407,44 78,405 9, ,79 69,89,6 77,96 9, ,804 Total 5 $ 89,047 $ 06,057 $ 5,008 $ 46,4 $,60 $,64,606 $ 88,097 $ 00,89 $ 46,69 $ 4,48 $ 0,55 $,9,55 By Residual Contractual Maturity Within year 6 $ 7,086 $ 40,9 $ 5,008 $,06 $ 9,758 $ 695,870 $ 86, $ 4, $ 46,69 $,48 $ 8,4 $ 704,70 Over year to 5 years 7 94,78 6,84 6,8 0, ,87 75,88 57,79 5,4,4 459,76 Over 5 years 8 7,, 7, ,86 65,96,90 6, ,69 Total 9 $ 89,047 $ 06,057 $ 5,008 $ 46,4 $,60 $,64,606 $ 88,097 $ 00,89 $ 46,69 $ 4,48 $ 0,55 $,9,55 Non-Retail Exposures by Industry Sector Real estate Residential 0 $,8 $,648 $ $ 9 $,556 $ 8,067 $,85 $,464 $ $ 8 $,50 $ 7,8 Non-residential 6,47 4, ,04 5,77 4, ,90 Total real-estate 60,70 7, ,946 70,0 58,56 6, ,864 67,57 Agriculture 6, ,85 6, ,67 Automotive 4, 5, ,9 0,77 4, ,0 Financial 5 8,649,66 0,795 5,576,54 87,900 4,880 0,50 0,065,75,0 78,04 Food, beverage, and tobacco 6 5,9, ,96 4,74, ,46 Forestry 7, ,45, ,09 Government, public sector entities, and education 8 0,6,485 0,4 6,045 4,978 58,58 05,985,8,7 6,59 4,94 6,974 Health and social services 9 7,47, 7 60,90 0,98 6,555, ,745 9,948 Industrial construction and trade contractors 0 4,0, ,5,8, ,04 Metals and mining,65, ,66,97, ,04 8,05 Pipelines, oil, and gas 6,55,057 85,085,760 0,58 6,6 0, ,074 9, Power and utilities 4,766 7,0 66,58 5,795 5,8 6, ,48 5,59 Professional and other services 4 4,66 4, ,09,59 4, ,696 Retail sector 5 6,8, ,00 5,854, ,750 Sundry manufacturing and wholesale 6 9,59 6, ,4 9,40 6, ,48 Telecommunications, cable, and media 7 8,0 6, ,89 4,805 6, ,564 Transportation 8,749, ,066 5,,98, ,086 4,849 Other 9 4,64,969 9,64 7 6,68 4,8,009 9, ,464 Total 40 $ 47,444 $ 8,449 $ 5,008 $ 46,4 $,7 $ 88,5 $ 4,695 $ 75,079 $ 46,69 $ 4,48 $ 0,476 $ 799,97 Gross credit risk exposure is before credit risk mitigants. This table excludes securitization, equity, and other credit RWA. Gross exposure on undrawn commitments is exposure at default which is the amount currently undrawn but expected to be drawn assuming a default on the underlying committed loan agreement.