Equitable Group Inc. (ETC) 2009年年度报告「TSX」.pdf

1、A BRIGHT FUTUREANNUAL REPORT 2009TABLE OF CONTENTSBuilding a Bright Future for ourShareholders.2Customers&Business Partners.4Equitable in Profile.6Message to Shareholders.8Management Q&A.10Managements Discussion and Analysis.12Managements Responsibility for Financial Reporting.45AuditorsReport to th

2、e Shareholders.45Consolidated Financial Statements.46Notes to Consolidated Financial Statements.50Board of Directors and Officers.77Shareholder and Corporate Information.77About Equitable Group Inc.EquitableGroupInc.isanichemortgagelender.Ourcorebusinessisfirstchargemortgagefinancing,whichweofferthr

3、oughourwhollyownedsubsidiary,The Equitable Trust Company.Founded in 1970,Equitable Trust is a federally incorporated trust company.Our Company servessinglefamily,smallandlargecommercialborrowersandtheirmortgageadvisors.ItalsoservestheinvestingpublicasaproviderofGuaranteedInvestment Certificates.Equi

4、table provides GICs across all Canadian provinces and territories.We actively originate mortgages in Alberta,Manitoba,OntarioandQuebec.EquitableGroupscommonandpreferredsharesaretradedontheTorontoStockExchangeunderthesymbolsETCandETC.PR.A.VisittheCompanyonline at or .2009200820072006200520049.2110.58

5、12.5615.6917.7521.83Bookvaluepershare($)2009200820072006200520041.301.652.262.442.783.3620092008200720062005200415.019.827.331.238.651.4Earningspersharediluted($)Netincome($millions)EQUITABLEGROUPINC.2Growing our lending business in the areas where we have the bestopportunitytoearnattractiveandsusta

6、inablereturns.Through our three core lending businesses,Single Family Lending Services,CommercialMortgageBrokerServicesandCommercialLendingServices,Equitablehasthemarketpresence,competitivestrengthandcapabilitiestoprofitablyaddnewmortgage assets to our portfolio while limiting our exposure to risk.G