Citibank 2011 Annual Report Download - page 125

103
AVERAGE BALANCES AND INTEREST RATES—LIABILITIES AND EQUITY,
AND NET INTEREST REVENUE (1)(2)(3)(4)
Taxable Equivalent Basis
Average volume Interest expense % Average rate
In millions of dollars 2011   2011   2011  
Liabilities
Deposits
)Næ53æOFFICES
3AVINGSæDEPOSITSæ $ 193,762     $ 1,922     0.99%  
/THERæTIMEæDEPOSITS 29,034   249   0.86  
)NæOFFICESæOUTSIDEæTHEæ53æ 485,101   6,385   1.32  
4OTAL $ 707,897  æ   $ 8,556    1.21%  
Federal funds purchased and securities loaned
or sold under agreements to repurchase (7)
)Næ53æOFFICES $ 120,039     $ 776  æ   0.65%  
)NæOFFICESæOUTSIDEæTHEæ53æ 99,848   2,421   2.42  
4OTAL $ 219,887     $ 3,197     1.45%  
Trading account liabilities (8)(9)
)Næ53æOFFICES $ 37,279     $ 266  æ   0.71%  
)NæOFFICESæOUTSIDEæTHEæ53æ 49,162   142   0.29  
4OTAL $ 86,441     $ 408     0.47%  
Short-term borrowings
)Næ53æOFFICES $ 87,472     $ 139  æ   0.16%  
)NæOFFICESæOUTSIDEæTHEæ53æ 39,052   511   1.31  
4OTAL $ 126,524     $ 650     0.51%  
Long-term debt (10)
)Næ53æOFFICES $ 325,709     $ 10,697    3.28%  
)NæOFFICESæOUTSIDEæTHEæ53æ 17,970   721   4.01  
4OTAL $ 343,679     $ 11,418    3.32%  
Total interest-bearing liabilities $1,484,428   $ 24,229    1.63%  
$EMANDæDEPOSITSæINæ53æOFFICES $ 16,410    
/THERæNONINTERESTBEARINGæLIABILITIESæ 275,408  
4OTALæLIABILITIESæFROMæDISCONTINUEDæOPERATIONS 10  
Total liabilities $1,776,256  
Citigroup stockholders’ equity (11) $ 174,351    
.ONCONTROLLINGæINTEREST 2,029  
Total equity (11) $ 176,380    
Total liabilities and stockholders’ equity $1,952,636  
Net interest revenue as a percentage of average
interest-earning assets (12)
)Næ53æOFFICES $ 971,792    $ 25,723    2.65%  
)NæOFFICESæOUTSIDEæTHEæ53æ 741,626   23,249   3.13  æ
Total $1,713,418   $ 48,972    2.86% 
æ Net interest revenueæINCLUDESæTHEæTAXABLEæEQUIVALENTæADJUSTMENTSæBASEDæONæTHEæ53æFEDERALæSTATUTORYæTAXæRATEæOFææOFææMILLIONææMILLIONæANDææMILLIONæFORæææANDææRESPECTIVELY
æ )NTERESTæRATESæANDæAMOUNTSæINCLUDEæTHEæEFFECTSæOFæRISKæMANAGEMENTæACTIVITIESæASSOCIATEDæWITHæTHEæRESPECTIVEæASSETæANDæLIABILITYæCATEGORIES
æ -ONTHLYæORæQUARTERLYæAVERAGESæHAVEæBEENæUSEDæBYæCERTAINæSUBSIDIARIESæWHEREæDAILYæAVERAGESæAREæUNAVAILABLE
æ $ETAILEDæAVERAGEæVOLUMEæINTERESTæREVENUEæANDæINTERESTæEXPENSEæEXCLUDEæDISCONTINUEDæOPERATIONSæ3EEæ.OTEææTOæTHEæ#ONSOLIDATEDæ&INANCIALæ3TATEMENTS
æ 3AVINGSæDEPOSITSæCONSISTæOFæ)NSUREDæ-ONEYæ-ARKETæACCOUNTSæ./7æACCOUNTSæANDæOTHERæSAVINGSæDEPOSITSæ4HEæINTERESTæEXPENSEæINCLUDESæ&$)#æDEPOSITæINSURANCEæFEESæANDæCHARGES
æ !VERAGEæRATESæREFLECTæPREVAILINGæLOCALæINTERESTæRATESæINCLUDINGæINFLATIONARYæEFFECTSæANDæMONETARYæCORRECTIONSæINæCERTAINæCOUNTRIES
æ !VERAGEæVOLUMESæOFæSECURITIESæLOANEDæORæSOLDæUNDERæAGREEMENTSæTOæREPURCHASEæAREæREPORTEDæNETæPURSUANTæTOæ&).ææ!3#ææ(OWEVERæ)NTERESTæEXPENSEæEXCLUDESæTHEæIMPACTæOFæ&).ææ!3#æ
æ 4HEæFAIRæVALUEæCARRYINGæAMOUNTSæOFæDERIVATIVEæCONTRACTSæAREæREPORTEDæINæNon-interest-earning assetsæANDæOther non-interest-bearing liabilities.
æ )NTERESTæEXPENSEæONæTrading account liabilitiesæOFæICGæISæREPORTEDæASæAæREDUCTIONæOFæInterest revenueæ)NTERESTæREVENUEæANDæINTERESTæEXPENSEæONæCASHæCOLLATERALæPOSITIONSæAREæREPORTEDæINæINTERESTæONæTrading account assetsæ
ANDæTrading account liabilitiesæRESPECTIVELY
æ %XCLUDESæHYBRIDæFINANCIALæINSTRUMENTSæANDæBENEFICIALæINTERESTSæINæCONSOLIDATEDæ6)%SæTHATæAREæCLASSIFIEDæASæLong-term debtæASæTHESEæOBLIGATIONSæAREæACCOUNTEDæFORæATæFAIRæVALUEæWITHæCHANGESæRECORDEDæINæPrincipal transactions
æ)NCLUDESæSTOCKHOLDERSæEQUITYæFROMæDISCONTINUEDæOPERATIONS
æ)NCLUDESæALLOCATIONSæFORæCAPITALæANDæFUNDINGæCOSTSæBASEDæONæTHEæLOCATIONæOFæTHEæASSET