Citibank 2012 Annual Report Download - page 25

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3
CITIGROUP’S 2012 ANNUAL REPORT ON FORM 10-K
OVERVIEW 4
MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS 6
Executive Summary 6
Five-Year Summary of Selected Financial Data 10
SEGMENT AND BUSINESS—INCOME (LOSS)
AND REVENUES 12
CITICORP 14
Global Consumer Banking 15
North America Regional Consumer Banking 16
EMEA Regional Consumer Banking 18
Latin America Regional Consumer Banking 20
Asia Regional Consumer Banking 22
Institutional Clients Group 24
Securities and Banking 25
Transaction Services 28
Corporate/Other 30
CITI HOLDINGS 31
Brokerage and Asset Management 32
Local Consumer Lending 33
Special Asset Pool 36
BALANCE SHEET REVIEW 37
CAPITAL RESOURCES AND LIQUIDITY 41
Capital Resources 41
Funding and Liquidity 50
OFF-BALANCE-SHEET ARRANGEMENTS 58
CONTRACTUAL OBLIGATIONS 59
RISK FACTORS 60
MANAGING GLOBAL RISK 72
CREDIT RISK 74
Loans Outstanding 75
Details of Credit Loss Experience 76
Non-Accrual Loans and Assets and
Renegotiated Loans 78
North America Consumer Mortgage Lending 83
North America Cards 97
Consumer Loan Details 98
Corporate Loan Details 100
MARKET RISK 102
OPERATIONAL RISK 112
COUNTRY AND CROSS-BORDER RISK 113
Country Risk 113
Cross-Border Risk 120
FAIR VALUE ADJUSTMENTS FOR
DERIVATIVES AND STRUCTURED DEBT 123
CREDIT DERIVATIVES 124
SIGNIFICANT ACCOUNTING POLICIES AND
SIGNIFICANT ESTIMATES 126
DISCLOSURE CONTROLS AND PROCEDURES 133
MANAGEMENT’S ANNUAL REPORT ON
INTERNAL CONTROL OVER FINANCIAL
REPORTING 134
FORWARD-LOOKING STATEMENTS 135
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM—INTERNAL
CONTROL OVER FINANCIAL REPORTING 137
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM—
CONSOLIDATED FINANCIAL STATEMENTS 138
FINANCIAL STATEMENTS AND NOTES
TABLE OF CONTENTS 139
CONSOLIDATED FINANCIAL STATEMENTS 140
NOTES TO CONSOLIDATED FINANCIAL
STATEMENTS 146
FINANCIAL DATA SUPPLEMENT (Unaudited)289
SUPERVISION, REGULATION AND OTHER 290
Disclosure Pursuant to Section 219 of the
Iran Threat Reduction and Syria Human Rights Act 291
Customers 292
Competition 292
Properties 293
LEGAL PROCEEDINGS 293
UNREGISTERED SALES OF EQUITY,
PURCHASES OF EQUITY SECURITIES,
DIVIDENDS 294
PERFORMANCE GRAPH 295
CORPORATE INFORMATION 296
Citigroup Executive Officers 296
CITIGROUP BOARD OF DIRECTORS 299