Goldman Sachs 2015 Annual Report Download - page 130

THE GOLDMAN SACHS GROUP, INC. AND SUBSIDIARIES
Consolidated Statements of Financial Condition
As of December
$ in millions, except per share amounts 2015 2014
Assets
Cash and cash equivalents $ 75,105 $ 57,600
Cash and securities segregated for regulatory and other purposes (includes $38,504 and $34,291 at fair value as of
December 2015 and December 2014, respectively) 56,838 51,716
Collateralized agreements:
Securities purchased under agreements to resell and federal funds sold (includes $119,450 and $126,036 at fair value as
of December 2015 and December 2014, respectively) 120,905 127,938
Securities borrowed (includes $69,801 and $66,769 at fair value as of December 2015 and December 2014, respectively) 172,099 160,722
Receivables:
Brokers, dealers and clearing organizations 25,453 30,671
Customers and counterparties (includes $4,992 and $6,944 at fair value as of December 2015 and December 2014,
respectively) 46,430 63,808
Loans receivable 45,407 28,938
Financial instruments owned, at fair value (includes $54,426 and $64,473 pledged as collateral as of December 2015 and
December 2014, respectively) 293,940 312,248
Other assets 25,218 22,201
Total assets $861,395 $855,842
Liabilities and shareholders’ equity
Deposits (includes $14,680 and $13,523 at fair value as of December 2015 and December 2014, respectively) $ 97,519 $ 82,880
Collateralized financings:
Securities sold under agreements to repurchase, at fair value 86,069 88,215
Securities loaned (includes $466 and $765 at fair value as of December 2015 and December 2014, respectively) 3,614 5,570
Other secured financings (includes $23,207 and $21,450 at fair value as of December 2015 and December 2014,
respectively) 24,753 22,809
Payables:
Brokers, dealers and clearing organizations 5,406 6,636
Customers and counterparties 204,956 206,936
Financial instruments sold, but not yet purchased, at fair value 115,248 132,083
Unsecured short-term borrowings, including the current portion of unsecured long-term borrowings (includes $17,743 and
$18,826 at fair value as of December 2015 and December 2014, respectively) 42,787 44,539
Unsecured long-term borrowings (includes $22,273 and $16,005 at fair value as of December 2015 and December 2014,
respectively) 175,422 167,302
Other liabilities and accrued expenses (includes $1,253 and $831 at fair value as of December 2015 and December 2014,
respectively) 18,893 16,075
Total liabilities 774,667 773,045
Commitments, contingencies and guarantees
Shareholders’ equity
Preferred stock, par value $0.01 per share; aggregate liquidation preference of $11,200 and $9,200 as of December 2015
and December 2014, respectively 11,200 9,200
Common stock, par value $0.01 per share; 4,000,000,000 shares authorized, 863,976,731 and 852,784,764 shares issued
as of December 2015 and December 2014, respectively, and 419,480,736 and 430,259,102 shares outstanding as of
December 2015 and December 2014, respectively 99
Share-based awards 4,151 3,766
Nonvoting common stock, par value $0.01 per share; 200,000,000 shares authorized, no shares issued and outstanding ——
Additional paid-in capital 51,340 50,049
Retained earnings 83,386 78,984
Accumulated other comprehensive loss (718) (743)
Stock held in treasury, at cost, par value $0.01 per share; 444,495,997 and 422,525,664 shares as of December 2015 and
December 2014, respectively (62,640) (58,468)
Total shareholders’ equity 86,728 82,797
Total liabilities and shareholders’ equity $861,395 $855,842
The accompanying notes are an integral part of these consolidated financial statements.
118 Goldman Sachs 2015 Form 10-K