Home » Citibank Annual Reports » 2012 Annual Report - page 161

Citibank 2012 Annual Report Download - page 161

Download and view the complete annual report

Please find page 161 of the 2012 Citibank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

139

FINANCIAL STATEMENTS AND NOTES TABLE OF CONTENTS

CONSOLIDATED FINANCIAL STATEMENTS

Consolidated Statement of Income—

For the Years Ended December 31, 2012, 2011 and 2010 140

Consolidated Statement of Comprehensive Income—

For the Years Ended December 31, 2012, 2011 and 2010 141

Consolidated Balance Sheet—December 31, 2012 and 2011 142

Consolidated Statement of Changes in Stockholders’ Equity—

For the Years Ended December 31, 2012, 2011 and 2010 144

Consolidated Statement of Cash Flows—

For the Years Ended December 31, 2012, 2011 and 2010 145

NOTES TO CONSOLIDATED FINANCIAL

STATEMENTS

Note 1 – Summary of Significant Accounting Policies 146

Note 2 – Business Divestitures 161

Note 3 – Discontinued Operations 161

Note 4 – Business Segments 163

Note 5 – Interest Revenue and Expense 164

Note 6 – Commissions and Fees 164

Note 7 – Principal Transactions 165

Note 8 – Incentive Plans 165

Note 9 – Retirement Benefits 171

Note 10 – Income Taxes 183

Note 11 – Earnings per Share 187

Note 12 – Federal Funds/Securities Borrowed, Loaned and Subject to

Repurchase Agreements 188

Note 13 – Brokerage Receivables and Brokerage Payables 189

Note 14 – Trading Account Assets and Liabilities 189

Note 15 – Investments 190

Note 16 – Loans 201

Note 17 – Allowance for Credit Losses 212

Note 18 – Goodwill and Intangible Assets 214

Note 19 – Debt 217

Note 20 – Regulatory Capital and Citigroup Inc. Parent

Company Information 219

Note 21 – Changes in Accumulated Other Comprehensive Income (Loss) 222

Note 22 – Securitizations and Variable Interest Entities 223

Note 23 – Derivatives Activities 241

Note 24 – Concentrations of Credit Risk 250

Note 25 – Fair Value Measurement 250

Note 26 – Fair Value Elections 269

Note 27 – Pledged Assets, Collateral, Commitments and Guarantees 274

Note 28 – Contingencies 280

Note 29 – Selected Quarterly Financial Data (Unaudited) 288