Goldman Sachs 2012 Annual Report Download - page 156

Notes to Consolidated Financial Statements
The table below presents information about other secured
financings. In the table below:
‰short-term secured financings include financings
maturing within one year of the financial statement date
and financings that are redeemable within one year of the
financial statement date at the option of the holder;
‰long-term secured financings that are repayable prior to
maturity at the option of the firm are reflected at their
contractual maturity dates; and
‰long-term secured financings that are redeemable prior to
maturity at the option of the holders are reflected at the
dates such options become exercisable.
As of December 2012 As of December 2011
$ in millions
U.S.
Dollar
Non-U.S.
Dollar Total
U.S.
Dollar
Non-U.S.
Dollar Total
Other secured financings (short-term):
At fair value $16,504 $6,181 $22,685 $18,519 $ 5,140 $23,659
At amortized cost 34 326 360 155 5,371 5,526
Interest rates 16.18% 0.10% 3.85% 0.22%
Other secured financings (long-term):
At fair value 6,134 1,518 7,652 4,305 2,055 6,360
At amortized cost 577 736 1,313 1,024 795 1,819
Interest rates 12.61% 2.55% 1.88% 3.28%
Total 2$23,249 $8,761 $32,010 $24,003 $13,361 $37,364
Amount of other secured financings collateralized by:
Financial instruments 3$22,323 $8,442 $30,765 $22,850 $12,274 $35,124
Other assets 4926 319 1,245 1,153 1,087 2,240
1. The weighted average interest rates exclude secured financings at fair value and include the effect of hedging activities. See Note 7 for further information about
hedging activities.
2. Includes $8.68 billion and $9.36 billion related to transfers of financial assets accounted for as financings rather than sales as of December 2012 and
December 2011, respectively. Such financings were collateralized by financial assets included in “Financial instruments owned, at fair value” of $8.92 billion and
$9.51 billion as of December 2012 and December 2011, respectively.
3. Includes $17.24 billion and $14.33 billion of other secured financings collateralized by financial instruments owned, at fair value as of December 2012 and
December 2011, respectively, and includes $13.53 billion and $20.79 billion of other secured financings collateralized by financial instruments received as collateral
and repledged as of December 2012 and December 2011, respectively.
4. Primarily real estate and cash.
The table below presents other secured financings
by maturity.
in millions
As of
December 2012
Other secured financings (short-term) $23,045
Other secured financings (long-term):
2014 4,957
2015 1,446
2016 869
2017 271
2018-thereafter 1,422
Total other secured financings (long-term) 8,965
Total other secured financings $32,010
154 Goldman Sachs 2012 Annual Report