Ally Bank 2014 Annual Report Download - page 35
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Table of Contents
Ally Financial Inc. • Form 10-K
23
Item 6. Selected Financial Data
The selected historical financial information set forth below should be read in conjunction with MD&A, our Consolidated Financial
Statements, and the Notes to Consolidated Financial Statements. The historical financial information presented may not be indicative of our
future performance.
The following table presents selected statement of income data.
Year ended December 31, ($ in millions)2014 2013 2012 2011 2010
Total financing revenue and other interest income $ 8,391 $ 8,093 $ 7,342 $ 6,671 $ 7,156
Interest expense 2,783 3,319 4,052 4,606 4,832
Depreciation expense on operating lease assets 2,233 1,995 1,399 941 1,251
Net financing revenue 3,375 2,779 1,891 1,124 1,073
Total other revenue 1,276 1,484 2,574 2,288 2,672
Total net revenue 4,651 4,263 4,465 3,412 3,745
Provision for loan losses 457 501 329 161 361
Total noninterest expense 2,948 3,405 3,622 3,428 3,621
Income (loss) from continuing operations before income tax
expense (benefit) 1,246 357 514 (177) (237)
Income tax expense (benefit) from continuing operations 321 (59) (856) 42 97
Net income (loss) from continuing operations 925 416 1,370 (219) (334)
Income (loss) from discontinued operations, net of tax 225 (55) (174) 62 1,363
Net income (loss) $ 1,150 $ 361 $ 1,196 $ (157) $ 1,029
Basic and diluted earnings per common share:
Net income (loss) from continuing operations $ 1.36 $ (1.51) $ 1.38 $ (2.38) $ (8.84)
Net income (loss) 1.83 (1.64) 0.96 (2.23) (3.35)
Market price per common share
High Closing $ 25.21
Low Closing 20.12
Period end closing 23.62