Net income attributable to common shares was C$148 million for the quarter ended 31 December 2009, an increase of 28.7 per cent compared to the same period in 2008.Net income attributable to common shares was C$448 million for the year ended 31 December 2009, a decrease of 21.8 per cent compared with C$573 million for the year ended 31 December 2008.Return on average common equity was 17.3 per cent for the quarter ended 31 December 2009 and 13.1 per cent for the year ended 31 December 2009 compared with 12.8 per cent and 16.6 per cent, respectively, for the same periods in 2008.The cost efficiency ratio was 44.2 per cent for the quarter ended 31 December 2009 and 48.4 per cent for the year ended 31 December 2008 compared with 49.3 per cent and 49.6 per cent, respectively, for the same periods in 2008.Total assets were C$71.3 billion at 31 December 2009, a decrease of C$0.7 billion, or 1.0 per cent, from C$72.0 billion at 31 December 2008.Total funds under management were C$28.2 billion at 31 December 2009, an increase of C$6.9 billion, or 32.4 per cent, from C$21.3 billion at 31 December 2008.Tier 1 capital ratio of 12.1 per cent and a total capital ratio of 14.9 per cent at 31 December 2009 compared to 10.1 per cent and 12.5 per cent respectively at 31 December 2008.
Results are prepared in accordance with Canadian generally accepted accounting principles.
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D.C.