Equitable Group Inc. (ETC) 2018年年度报告「TSX」.pdf

1、TSX.EQB|EQB.PR.CEQUITABLEFourth Quarter Report 2018For the three and twelve months ended December 31,2018CANADAS CHALLENGER BANKEQUITABLE GROUP INC.TABLE OF CONTENTS 1 MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 1 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STA

2、TEMENTS 2 BUSINESS PROFILE AND OBJECTIVES 15 FINANCIAL OVERVIEW 16 2018 HIGHLIGHTS 18 BUSINESS OUTLOOK 22 FINANCIAL REVIEW EARNINGS 26 FINANCIAL REVIEW BALANCE SHEET 34 SUMMARY OF QUARTERLY RESULTS 36 FOURTH QUARTER OVERVIEW 46 ACCOUNTING POLICY CHANGES 46 CRITICAL ACCOUNTING ESTIMATES 47 DERIVATIVE

3、 FINANCIAL INSTRUMENTS 47 OFF-BALANCE SHEET ACTIVITIES 48 RELATED PARTY TRANSACTIONS 48 RISK MANAGEMENT 61 UPDATED SHARE INFORMATION 61 DISCLOSURE CONTROLS AND PROCEDURES 61 INTERNAL CONTROL OVER FINANCIAL REPORTING 61 CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING 62 NON-GENERALLY ACCEPTED AC

4、COUNTING PRINCIPLES(“GAAP”)FINANCIAL MEASURES 68 REPORTS AND CONSOLIDATED FINANCIAL STATEMENTS 69 MANAGEMENTS RESPONSIBILITY FOR FINANCIAL REPORTING 70 INDEPENDENT AUDITORS REPORT 73 CONSOLIDATED BALANCE SHEETS 74 CONSOLIDATED STATEMENTS OF INCOME 75 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 7

5、6 CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY 77 CONSOLIDATED STATEMENTS OF CASH FLOWS 78 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 135 DIRECTORS AND OFFICERS 135 SHAREHOLDER AND CORPORATE INFORMATION NOTICE TO READER This notice accompanies and should be read in conjunction with Equi

6、table Group Inc.s Audited Consolidated Financial Statements for the Years Ended December 31,2018 and 2017(the“Financial Statements”)filed via SEDAR with Canadian securities regulatory authorities.The Independent Auditors Report on the Financial Statements has been amended to add“Chartered Profession