Morgan Stanley 1999 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 1999 Morgan Stanley annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 97

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97

page 61 |99 AR
NOTE
RECEIVABLE COMMON COMMON
RELATED TO STOCK STOCK
SALE OF HELD ISSUED
EMPLOYEE CUMULATIVE PREFERRED IN TO
PREFERRED COMMON PAID-IN RETAINED STOCK TRANSLATION STOCK TO TREASURY, EMPLOYEE
(dollars in millions) STOCK STOCK(1) CAPITAL(1) EARNINGS TRUST ADJUSTMENTS ESOP AT COST TRUST TOTAL
BALANCE AT
NOVEMBER 30, 1998 $674 $12 $3,740 $12,080 $1,913 $(12) $(60) $(2,702) $(1,526) $14,119
Net income — — — 4,791—————4,791
Dividends — — — (586) —————(586)
Conversion of ESOP
Preferred Stock (4) — (18) ————22——
Issuance of common stock — — (134) ————465—331
Repurchases of common
stock ———————(2,374) — (2,374)
Compensation payable in
common stock — — 223 — 513 — — 186 (252) 670
ESOP shares allocated,
at cost —————— 5—— 5
Issuance of common stock
in connection with
AB Asesores acquisition ——16————48—64
Issuance of put options —— 9—————— 9
Translation adjustments —————(15) — — — (15)
BALANCE AT
NOVEMBER 30, 1999 $670 $12 $3,836 $16,285 $2,426 $(27) $(55) $(4,355) $(1,778) $17,014
(1) Amounts have been retroactively adjusted to give effect for a two-for-one common stock split, effected in the form of a 100% stock dividend, which became effective on
January 26, 2000.
See Notes to Consolidated Financial Statements.