Equitable Group Inc. (ETC) 2007年年度报告「TSX」.pdf

1、AnnualReport2007A Team EffortTABLE OF CONTENTSMessage from the Chairman.2Letter from the President and Chief Executive Officer.3Single-Family Lending Services.6Commercial Mortgage Broker Services.8Commercial Lending Services.10Deposit Services.12Managements Discussion&Analysis.13Managements Responsi

2、bility for Financial Reporting.37AuditorsReport.38Financial Statements.39Notes to Consolidated Financial Statements.43Board of Directors and Officers.61Shareholder and Corporate Information.61Equitable Group Inc.is a niche mortgage lender.Our primary business is first mortgage financing,which weoffe

3、r through our wholly-owned subsidiary,The EquitableTrustCompany.Foundedin1970,EquitableTrustisafederallyincorporatedtrust company.It serves single-family,small and largecommercialborrowersandtheirmortgageadvisors,aswellas the investing public as a provider of GuaranteedInvestmentCertificates.Through

4、 our Deposit Services,Equitable is active in allprovincesandterritoriesinCanada.Ourmortgagefinancingsolutions are provided in Ontario and Alberta and willexpandtootherprovincesovertime.Equitable Groups shares are traded on The Toronto StockExchangeunderthesymbolETC.VisittheC.ANNUALREPORT20071*Forane

5、xplanationofTaxableEquivalentBasis(“TEB”),pleaseseeManagementsDiscussionandAnalysis(“MD&A”).The Value of TeamworkEQUITABLEGROUPISDEDICATEDTOGENERATINGOUTSTANDINGVALUEFOROURSHAREHOLDERSANDGREATSERVICEFOROURCUSTOMERS.Centraltooursuccessinmeetingthisobjectiveisteamwork.Byworkingtogether,wearebringinga

6、clear focus to our business one that we expect will optimize the competitive advantages thathave made Equitable a performance leader in our niche lending markets.059.315.019.827.334.531.2200720062005200420030.911.301.652.262.71200720062005200420032.4413.215.517.019.918.917.22007200620052004200336.13