JP Morgan Chase 2005 Annual Report Download - page 23

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JPMorgan Chase & Co. /2005 Annual Report 21
Table of contents
Financial:
22 Five-year summary of consolidated financial highlights
Management’s discussion and analysis:
23 Introduction
25 Executive overview
27 Consolidated results of operations
31 Explanation and reconciliation of the Firm’s
use of non-GAAP financial measures
34 Business segment results
55 Balance sheet analysis
56 Capital management
58 Off
–
balance sheet arrangements and
contractual cash obligations
60 Risk management
61 Liquidity risk management
63 Credit risk management
75 Market risk management
79 Operational risk management
80 Reputation and fiduciary risk management
80 Private equity risk management
81 Critical accounting estimates used by the Firm
83 Accounting and reporting developments
84 Nonexchange-traded commodity derivative contracts
at fair value
Audited financial statements:
85 Management’s report on internal control
over financial reporting
86 Report of independent registered public accounting firm
87 Consolidated financial statements
91 Notes to consolidated financial statements
Supplementary information:
133 Selected quarterly financial data
134 Glossary of terms
135 Forward-looking statements
Merger with Bank One Corporation
Effective July 1, 2004, Bank One Corporation (“Bank One”) merged with and into JPMorgan Chase & Co. (the “Merger”). As a result of the Merger, each
outstanding share of common stock of Bank One was converted in a stock-for-stock exchange into 1.32 shares of common stock of JPMorgan Chase & Co.
(“JPMorgan Chase”). The Merger was accounted for using the purchase method of accounting. Accordingly, the Firm’s results of operations for 2004 include six
months of the combined Firm’s results and six months of heritage JPMorgan Chase results only and 2003 results of operations reflect the results of heritage
JPMorgan Chase only. For additional information regarding the Merger, see Note 2 on page 92 of this Annual Report.