Citibank 2012 Annual Report Download - page 242

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Citigroup Inc. Parent Company Only(1) Income Statement and Statement of Comprehensive Income
Years Ended December 31,
In millions of dollars 2012 2011 2010
Revenues
Interest revenue $ 3,384 $ 3,684 $ 3,237
Interest expense 6,573 7,618 7,728
Net interest revenue $ (3,189) $ (3,934) $ (4,491)
Dividends from subsidiaries 20,780 13,046 14,448
Non-interest revenue 613 939 30
Total revenues, net of interest expense $ 18,204 $10,051 $ 9,987
Total operating expenses $ 1,497 $ 1,503 $ 878
Income before taxes and equity in undistributed income of subsidiaries $ 16,707 $ 8,548 $ 9,109
Benefit for income taxes (2,062) (1,821) (2,480)
Equity in undistributed income of subsidiaries (11,228) 698 (987)
Parent company’s net income $ 7,541 $11,067 $10,602
Comprehensive income
Parent company’s net income $ 7,541 $11,067 $10,602
Other comprehensive income (loss) 892 (1,511) 2,660
Parent company’s comprehensive income $ 8,433 $ 9,556 $13,262
Citigroup Inc. Parent Company Only(1) Balance Sheet
Years Ended December 31,
In millions of dollars 2012 2011
Assets
Cash and deposits from banks $ 153 $ 3
Trading account assets 150 99
Investments 1,676 37,477
Advances to subsidiaries 107,074 108,644
Investments in subsidiaries 184,615 194,979
Other assets 102,335 65,711
Total assets $396,003 $406,913
Liabilities
Federal funds purchased and securities loaned or sold under agreements to repurchase $ 185 $ 185
Trading account liabilities 170 96
Short-term borrowings 725 13
Long-term debt 176,553 181,702
Advances from subsidiaries other than banks 12,759 17,046
Other liabilities 16,562 30,065
Total liabilities $206,954 $229,107
Total equity 189,049 177,806
Total liabilities and equity $396,003 $406,913