Capital One 2006 Annual Report Download - page 80

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62
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) 2006 2005 2004 2003 2002
Reported:
Average loans held for
investment $ 63,577,279 $ 40,734,237 $ 34,265,668 $ 28,677,616 $ 25,036,019
Net charge-offs 1,407,489 1,446,649 1,295,568 1,646,360 1,259,684
Net charge-offs as a
percentage of average
loans held for investment 2.21% 3.55% 3.78% 5.74% 5.03%
Managed:
Average loans held for
investment $ 111,328,595 $ 85,265,023 $ 73,711,673 $ 62,911,953 $ 52,799,566
Net charge-offs 3,158,080 3,623,154 3,251,761 3,683,887 2,769,249
Net charge-offs as a
percentage of average
loans held for investment 2.84% 4.25% 4.41% 5.86% 5.24%