Goldman Sachs 2013 Annual Report Download - page 222

Supplemental Financial Information
Statistical Disclosures
Distribution of Assets, Liabilities and Shareholders’ Equity
The table below presents a summary of consolidated average balances and interest rates.
For the Year Ended December
2013 2012 2011
in millions, except rates
Average
balance Interest
Average
rate
Average
balance Interest Average rate Average balance Interest Average rate
Assets
Deposits with banks $ 61,921 $ 186 0.30% $ 52,500 $ 156 0.30% $ 38,039 $ 125 0.33%
U.S. 56,848 167 0.29 49,123 132 0.27 32,770 95 0.29
Non-U.S. 5,073 19 0.37 3,377 24 0.71 5,269 30 0.57
Securities borrowed, securities purchased under
agreements to resell and federal funds sold 327,748 43 0.01 331,828 (77) (0.02) 351,896 666 0.19
U.S. 198,677 (289) (0.15) 191,166 (431) (0.23) 219,240 (249) (0.11)
Non-U.S. 129,071 332 0.26 140,662 354 0.25 132,656 915 0.69
Financial instruments owned, at fair value 1, 2 292,965 8,159 2.78 310,982 9,817 3.16 287,322 10,718 3.73
U.S. 182,158 5,353 2.94 190,490 6,548 3.44 183,920 7,477 4.07
Non-U.S. 110,807 2,806 2.53 120,492 3,269 2.71 103,402 3,241 3.13
Other interest-earning assets 3149,071 1,672 1.12 136,427 1,485 1.09 143,270 1,665 1.16
U.S. 91,495 1,064 1.16 90,071 974 1.08 99,042 915 0.92
Non-U.S. 57,576 608 1.06 46,356 511 1.10 44,228 750 1.70
Total interest-earning assets 831,705 10,060 1.21 831,737 11,381 1.37 820,527 13,174 1.61
Cash and due from banks 6,212 7,357 4,987
Other non-interest-earning assets 2106,095 107,702 118,901
Total assets $944,012 $946,796 $944,415
Liabilities
Interest-bearing deposits $ 69,707 $ 387 0.56% $ 56,399 $ 399 0.71% $ 40,266 $ 280 0.70%
U.S. 60,824 352 0.58 48,668 362 0.74 33,234 243 0.73
Non-U.S. 8,883 35 0.39 7,731 37 0.48 7,032 37 0.53
Securities loaned and securities sold under
agreements to repurchase 178,686 576 0.32 177,550 822 0.46 171,753 905 0.53
U.S. 114,884 242 0.21 121,145 380 0.31 110,235 280 0.25
Non-U.S. 63,802 334 0.52 56,405 442 0.78 61,518 625 1.02
Financial instruments sold, but not yet
purchased, at fair value 1, 2 92,913 2,054 2.21 94,740 2,438 2.57 102,282 2,464 2.41
U.S. 37,923 671 1.77 41,436 852 2.06 52,065 984 1.89
Non-U.S. 54,990 1,383 2.52 53,304 1,586 2.98 50,217 1,480 2.95
Short-term borrowings 460,926 394 0.65 70,359 581 0.83 78,497 526 0.67
U.S. 40,511 365 0.90 47,614 479 1.01 50,659 431 0.85
Non-U.S. 20,415 29 0.14 22,745 102 0.45 27,838 95 0.34
Long-term borrowings 4174,195 3,752 2.15 176,698 3,736 2.11 186,148 3,439 1.85
U.S. 168,106 3,635 2.16 170,163 3,582 2.11 179,004 3,235 1.81
Non-U.S. 6,089 117 1.92 6,535 154 2.36 7,144 204 2.86
Other interest-bearing liabilities 5203,482 (495) (0.24) 206,790 (475) (0.23) 203,940 368 0.18
U.S. 144,888 (904) (0.62) 150,986 (988) (0.65) 149,958 (535) (0.36)
Non-U.S. 58,594 409 0.70 55,804 513 0.92 53,982 903 1.67
Total interest-bearing liabilities 779,909 6,668 0.85 782,536 7,501 0.96 782,886 7,982 1.02
Non-interest-bearing deposits 655 324 140
Other non-interest-bearing liabilities 286,095 91,406 88,681
Total liabilities 866,659 874,266 871,707
Shareholders’ equity
Preferred stock 6,892 4,392 3,990
Common stock 70,461 68,138 68,718
Total shareholders’ equity 77,353 72,530 72,708
Total liabilities and shareholders’ equity $944,012 $946,796 $944,415
Interest rate spread 0.36% 0.41% 0.59%
Net interest income and net yield on interest-
earning assets $ 3,392 0.41 $ 3,880 0.47 $ 5,192 0.63
U.S. 1,934 0.37 2,556 0.49 3,600 0.67
Non-U.S. 1,458 0.48 1,324 0.43 1,592 0.56
Percentage of interest-earning assets and
interest-bearing liabilities attributable to
non-U.S. operations 6
Assets 36.37% 37.38% 34.80%
Liabilities 27.28 25.88 26.53
220 Goldman Sachs 2013 Annual Report