Citibank 2009 Annual Report Download - page 135

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CITIBANK CONSOLIDATED BALANCE SHEET Citibank, N.A. and Subsidiaries
December 31
In millions of dollars, except shares 2009 2008
Assets
Cash and due from banks $ 20,246 $ 22,107
Deposits with banks 154,372 156,774
Federal funds sold and securities purchased under agreements to resell 31,434 41,613
Trading account assets (including $914 and $12,092 pledged to creditors at December 31, 2009 and December 31, 2008, respectively) 156,380 197,052
Investments (including $3,849 and $3,028 pledged to creditors at December 31, 2009 and December 31, 2008, respectively) 233,086 165,914
Loans, net of unearned income 477,974 555,198
Allowance for loan losses (22,685) (18,273)
Total loans, net $ 455,289 $ 536,925
Goodwill 10,200 10,148
Intangible assets 8,243 7,689
Premises and equipment, net 4,832 5,331
Interest and fees receivable 6,840 7,171
Other assets 80,439 76,316
Total assets $1,161,361 $1,227,040
Liabilities
Non-interest-bearing deposits in U.S. offices $ 76,729 $ 55,223
Interest-bearing deposits in U.S. offices 176,149 185,322
Non-interest-bearing deposits in offices outside the U.S. 39,414 33,769
Interest-bearing deposits in offices outside the U.S. 479,350 480,984
Total deposits $ 771,642 $ 755,298
Trading account liabilities 52,010 108,921
Purchased funds and other borrowings 89,503 116,333
Accrued taxes and other expenses 9,046 8,192
Long-term debt and subordinated notes 82,086 113,381
Other liabilities 39,181 42,475
Total liabilities $1,043,468 $1,144,600
Citibank stockholder’s equity
Capital stock ($20 par value) outstanding shares: 37,534,553 in each period $ 751 $ 751
Surplus 107,923 74,767
Retained earnings 19,457 21,735
Accumulated other comprehensive income (loss) (1) (11,532) (15,895)
Total Citibank stockholder’s equity $ 116,599 $ 81,358
Noncontrolling interest 1,294 1,082
Total equity $ 117,893 $ 82,440
Total liabilities and equity $1,161,361 $1,227,040
(1) Amounts at December 31, 2009 and December 31, 2008 include the after-tax amounts for net unrealized gains (losses) on investment securities of $(4.735) billion and $(8.008) billion, respectively, for foreign currency
translation of $(3.255) billion and $(3.964) billion, respectively, for cash flow hedges of $(2.367) billion and $(3.247) billion, respectively, and for pension liability adjustments of $(1.175) billion and $(676) million,
respectively.
See Notes to the Consolidated Financial Statements.