Ally Bank 2012 Annual Report Download - page 191

189
Financial information for our reportable operating segments is summarized as follows.
Year ended December 31,
($ in millions)
Automotive
Finance
operations Insurance operations Mortgage operations (a)
Corporate
and
Other (b) Consolidated (c)
2012
Net financing revenue (loss) $ 2,827 $ 64 $ 151 $ (1,173) $ 1,869
Other revenue (loss) 322 1,150 1,617 (60) 3,029
Total net revenue (loss) 3,149 1,214 1,768 (1,233) 4,898
Provision for loan losses 253 — 86 (10) 329
Total noninterest expense 1,507 1,054 993 1,770 5,324
Income (loss) from continuing operations
before income tax expense $ 1,389 $ 160 $ 689 $ (2,993) $ (755)
Total assets $ 128,411 $ 8,439 $ 14,744 $ 30,753 $ 182,347
2011
Net financing revenue (loss) $ 2,530 $ 62 $ 210 $ (1,721) $ 1,081
Other revenue 422 1,336 961 178 2,897
Total net revenue (loss) 2,952 1,398 1,171 (1,543) 3,978
Provision for loan losses 89 — 150 (51) 188
Total noninterest expense 1,530 1,082 1,643 486 4,741
Income (loss) from continuing operations
before income tax expense $ 1,333 $ 316 $ (622) $ (1,978) $ (951)
Total assets $ 112,591 $ 8,036 $ 33,906 $ 29,526 $ 184,059
2010
Net financing revenue (loss) $ 2,697 $ 73 $ 589 $ (2,053) $ 1,306
Other revenue (loss) 724 1,728 1,998 (34) 4,416
Total net revenue (loss) 3,421 1,801 2,587 (2,087) 5,722
Provision for loan losses 260 — 144 (47) 357
Total noninterest expense 1,404 1,244 1,671 654 4,973
Income (loss) from continuing operations
before income tax expense $ 1,757 $ 557 $ 772 $ (2,694) $ 392
Total assets $ 97,961 $ 8,789 $ 36,786 $ 28,472 $ 172,008
(a) Represents the ResCap legal entity (prior to its deconsolidation from Ally as of May 14, 2012) and the mortgage activities of Ally Bank.
(b) Total assets for the Commercial Finance Group were $1.5 billion, $1.2 billion, and $1.6 billion at December 31, 2012, 2011 and 2010, respectively.
(c) Net financing revenue after the provision for loan losses totaled $1.5 billion, $0.9 billion, and $0.9 billion in 2012, 2011 and 2010, respectively.
Table of Contents
Notes to Consolidated Financial Statements
Ally Financial Inc. • Form 10-K