v3.22.2.2
Consolidated Statements of Cash Flows - CAD ($)
$ in Millions
 12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Cash flows from operating activities    
Net income $ 15,807 $ 16,050
Adjustments for non-cash items and others    
Provision for credit losses 484 (753)
Depreciation 1,265 1,276
Deferred income taxes 569 581
Amortization and impairment of other intangibles 1,387 1,316
Net changes in investments in joint ventures and associates (108) (127)
Losses (Gains) on investment securities (43) (151)
Losses (Gains) on disposition of business (100) (26)
Adjustments for net changes in operating assets and liabilities    
Insurance claims and policy benefit liabilities (1,305) 601
Net change in accrued interest receivable and payable 333 (509)
Current income taxes (3,336) 1,738
Derivative assets (58,898) 17,947
Derivative liabilities 62,052 (18,488)
Trading securities (8,931) (3,164)
Loans, net of securitizations (102,653) (54,987)
Assets purchased under reverse repurchase agreements and securities borrowed (9,942) 5,112
Obligations related to assets sold under repurchase agreements and securities loaned 11,746 (12,030)
Obligations related to securities sold short (2,330) 8,556
Deposits, net of securitizations 108,533 88,876
Brokers and dealers receivable and payable 4,612 35
Other 2,800 9,191
Net cash from (used in) operating activities 21,942 61,044
Cash flows from investing activities    
Change in interest-bearing deposits with banks (28,373) (40,618)
Proceeds from sales and maturities of investment securities 99,143 108,925
Purchases of investment securities (122,964) (123,547)
Net acquisitions of premises and equipment and other intangibles (2,500) (2,186)
Net proceeds from (cash transferred for) dispositions (313) 78
Cash used in acquisitions, net of cash acquired (2,047)
Net cash from (used in) investing activities (57,054) (57,348)
Cash flows from financing activities    
Issuance of subordinated debentures 1,000 2,750
Repayment of subordinated debentures (192) (2,500)
Issue of common shares, net of issuance costs 51 90
Common shares purchased for cancellation (5,426)
Issue of preferred shares and other equity instruments, net of issuance costs 749 2,245
Redemption of preferred shares and other equity instruments (155) (1,475)
Sales of treasury shares 5,474 4,763
Purchases of treasury shares (5,701) (4,743)
Dividends paid on shares and distributions paid on other equity instruments (6,960) (6,420)
Dividends/distributions paid to non-controlling interests (5) (3)
Change in short-term borrowings of subsidiaries 9,609 (14)
Repayment of lease liabilities (629) (621)
Net cash from (used in) financing activities (2,185) (5,928)
Effect of exchange rate changes on cash and due from banks (4,152) (2,810)
Net change in cash and due from banks (41,449) (5,042)
Cash and due from banks at beginning of period 113,846 118,888
Cash and due from banks at end of period 72,397 113,846
Cash flows from operating activities include:    
Amount of interest paid 13,677 7,555
Amount of interest received 35,817 26,412
Amount of dividends received 3,144 2,575
Amount of income taxes paid $ 7,326 $ 4,198