Morgan Stanley 2009 Annual Report Download - page 41

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Executive Summary.
Financial Information.
2009(1)
Fiscal
Year
2008(2)
Fiscal
Year
2007(2)
One Month
Ended
December 31,
2008(2)
Net revenues (dollars in millions):
Institutional Securities .................................. $12,777 $14,738 $15,730 $(1,353)
Global Wealth Management Group ........................ 9,390 7,019 6,625 409
Asset Management ..................................... 1,337 548 4,364 (9)
Intersegment Eliminations ............................... (146) (194) (241) (15)
Consolidated net revenues ........................... $23,358 $22,111 $26,478 $ (968)
Consolidated net income (loss) (dollars in millions) ............. $ 1,406 $ 1,778 $ 3,249 $(1,285)
Net income applicable to non-controlling interest (dollars in
millions) ............................................... 60 71 40 3
Net income (loss) applicable to Morgan Stanley (dollars in
millions) ............................................... $ 1,346 $ 1,707 $ 3,209 $(1,288)
Income (loss) from continuing operations applicable to Morgan
Stanley (dollars in millions):
Institutional Securities .................................. $ 1,279 $ 1,277 $ 845 $(1,297)
Global Wealth Management Group ........................ 283 714 696 73
Asset Management ..................................... (405) (855) 673 (70)
Intersegment Eliminations ............................... (8) (11) (52) (1)
Income (loss) from continuing operations applicable to
Morgan Stanley ................................. $ 1,149 $ 1,125 $ 2,162 $(1,295)
Amounts applicable to Morgan Stanley (dollars in millions):
Income (loss) from continuing operations applicable to Morgan
Stanley ............................................ $ 1,149 $ 1,125 $ 2,162 $(1,295)
Gain from discontinued operations applicable to Morgan Stanley,
after tax ............................................ 197 582 1,047 7
Net income (loss) applicable to Morgan Stanley (dollars in
millions) ............................................... $ 1,346 $ 1,707 $ 3,209 $(1,288)
(Loss) earnings applicable to Morgan Stanley common
shareholders (dollars in millions) .......................... $ (907) $ 1,495 $ 2,976 $(1,624)
(Loss) earnings per basic common share:
(Loss) income from continuing operations .................. $ (0.93) $ 0.92 $ 1.98 $ (1.63)
Net gain from discontinued operations(3) ................... 0.16 0.53 0.99 0.01
(Loss) earnings per basic common share(4) .............. $ (0.77) $ 1.45 $ 2.97 $ (1.62)
(Loss) earnings per diluted common share:
(Loss) income from continuing operations .................. $ (0.93) $ 0.88 $ 1.94 $ (1.63)
Net gain from discontinued operations(3) ................... 0.16 0.51 0.96 0.01
(Loss) earnings per diluted common share(4) ............ $ (0.77) $ 1.39 $ 2.90 $ (1.62)
Regional net revenues (dollars in millions)(5):
Americas ............................................. $18,904 $10,766 $10,771 $ (765)
Europe, Middle East and Africa ........................... 2,459 8,949 9,927 (246)
Asia ................................................. 1,995 2,396 5,780 43
Consolidated net revenues ........................... $23,358 $22,111 $26,478 $ (968)
37