Capital One 2005 Annual Report Download - page 67

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TABLE F—NET CHARGE-OFFS
Table F shows the Company’ s net charge-offs for the periods presented on a reported and managed basis.
Year Ended December 31
(Dollars in thousands) 2005 2004 2003 2002 2001
Reported:
Average loans outstanding $ 40,734,237 $ 34,265,668 $ 28,677,616 $ 25,036,019 $ 17,284,306
Net charge-offs 1,446,649 1,295,568 1,646,360 1,259,684 822,257
Net charge-offs as a percentage
of average loans outstanding 3.55% 3.78% 5.74% 5.03% 4.76%
Managed:
Average loans outstanding $ 85,265,023 $ 73,711,673 $ 62,911,953 $ 52,799,566 $ 35,612,617
Net charge-offs 3,623,154 3,251,761 3,683,887 2,769,249 1,655,947
Net charge-offs as a percentage
of average loans
outstanding 4.25% 4.41% 5.86% 5.24% 4.65%
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