Table 21-1
Total, finance and insurance industries — Balance sheet and income statement

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Balance sheet and income statement
  Third quarter 2009 Fourth quarter 2009 First quarter 2010 Second quarter 2010 Third quarter 2010
  millions of dollars
Balance sheet  
Total assets 3,373,329 A 3,369,617 A 3,393,172 A 3,495,793 A 3,519,263 A
Cash and deposits 116,809 120,406 90,938 105,088 98,410
Accounts receivable and accrued revenue 82,330 77,420 84,904 87,863 90,055
Inventories 0 0 0 0 0
Investments and accounts with affiliates 329,386 330,742 336,394 349,422 345,232
Portfolio investments 883,868 884,331 899,335 909,095 929,695
Loans 1,512,214 1,544,951 1,568,636 1,605,484 1,619,698
Mortgage 690,349 702,668 712,675 742,073 747,135
Non-mortgage 821,864 842,284 855,961 863,412 872,563
Allowance for losses on investments and loans -11,853 -11,176 -11,693 -11,731 -12,006
Bank customers' liabilities under acceptances 57,557 49,496 48,702 48,681 49,586
Capital assets, net 63,622 63,026 63,024 61,577 61,143
Other assets 339,396 310,418 312,930 340,311 337,450
Total liabilities 2,862,958 2,849,369 2,864,770 2,963,453 2,982,593
Deposits 1,573,111 1,588,626 1,593,038 1,666,583 1,690,266
Actuarial liabilities of insurers 188,828 189,724 192,196 195,652 199,727
Accounts payable and accrued liabilities 137,977 130,235 136,436 136,680 139,495
Loans and accounts with affiliates 145,462 141,035 142,771 142,663 141,620
Borrowings 193,658 194,208 193,269 195,445 194,572
Loans and other borrowings 65,886 69,146 69,180 69,896 70,190
Bankers' acceptances and paper 13,660 14,359 14,743 14,337 14,019
Bonds and debentures 107,718 104,408 102,996 104,852 103,954
Mortgages 6,394 6,294 6,349 6,360 6,410
Future income tax 1,776 3,826 3,917 4,173 4,856
Bank customers' liabilities under acceptances 57,611 49,555 48,748 48,726 49,626
Other liabilities 564,534 552,161 554,396 573,532 562,431
Total, equity 510,372 520,248 528,403 532,340 536,670
Share capital 211,208 218,308 221,916 223,000 223,167
Unitholders' equity 0 0 0 0 0
Liability to policyholders 0 0 0 0 0
Contributed surplus and other 38,835 36,155 36,610 36,213 36,311
Retained earnings 260,329 265,785 269,877 273,126 277,192
Income statement  
Operating revenue 76,421 A 75,735 A 75,586 A 74,581 A 74,818 A
Sales of goods and services 13,491 14,198 14,309 13,894 13,820
Insurers' premiums 16,103 18,144 16,537 16,610 16,917
Annuity considerations 2,370 2,309 2,327 1,827 1,913
Interest revenue, operating 25,831 25,060 24,961 25,689 26,165
Dividend revenue, operating 3,250 2,603 2,889 2,600 2,700
Gains or losses on sale of securities and other assets -33 -281 -69 -253 -147
Other operating revenue 15,409 13,701 14,633 14,216 13,449
Operating expenses 63,951 58,690 59,908 59,075 60,003
Depreciation, depletion and amortization 2,660 2,512 2,634 2,434 2,381
Insurance claims incurred 11,151 10,799 10,864 10,834 11,238
Annuity claims incurred 2,062 2,446 3,069 2,696 2,695
Normal increase in actuarial liabilities 7,019 971 2,440 3,326 4,058
Interest expense, operating 7,468 6,998 6,320 6,311 6,607
Other operating expenses 33,590 34,962 34,578 33,472 33,023
Operating profit or loss 12,471 17,045 15,678 15,506 14,815
Interest and dividend revenue 0 0 0 0 0
Interest expense on borrowing 3,467 3,086 3,131 3,188 3,322
Gains or losses 1,848 -1,359 230 741 1,727
Profit before income tax 10,855 12,602 12,778 13,059 13,220
Income tax 2,939 3,069 3,446 3,027 2,783
Equity in affiliates' earnings 1,485 1,045 1,397 875 1,248
Profit before extraordinary gains 9,401 10,578 10,730 10,907 11,684
Extraordinary gains or losses 70 14 2 0 0
Net profit 9,471 10,592 10,731 10,907 11,683
Note(s):
-  A common (generic) financial statement presentation format is used for all industries and for aggregate totals. As a result, some financial series that do not apply to certain industries will be shown with zero values.
-  Figures may not add due to rounding.