Morgan Stanley 2010 Annual Report Download - page 253
Download and view the complete annual report
Please find page 253 of the 2010 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.-
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
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243 -
244 -
245 -
246 -
247 -
248 -
249 -
250 -
251 -
252 -
253 -
254 -
255 -
256 -
257 -
258 -
259 -
260 -
261 -
262 -
263 -
264
-
265
-
266
-
267
-
268
-
269
-
270
-
271
-
272
-
273
-
274
-
275
-
276
-
277
-
278
-
279
-
280
-
281
-
282
-
283
-
284
-
285
-
286
-
287
-
288
 |
 |
MORGAN STANLEY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Parent Company Only
Condensed Statements of Income and Comprehensive Income
(dollars in millions)
2010 2009
Fiscal
2008
One Month
Ended
December 31,
2008
Revenues:
Dividends from non-bank subsidiary ..................... $2,537 $ 6,117 $ 4,209 $ 14
Undistributed gain (loss) from subsidiaries ................ 5,708 (307) (6,844) (1,305)
Principal transactions ................................. 628 (5,592) 7,547 548
Other .............................................. (36) 484 1,451 612
Total non-interest revenues ......................... 8,837 702 6,363 (131)
Interest income ...................................... 3,305 4,432 11,098 658
Interest expense ...................................... 5,351 6,153 12,167 1,164
Net interest ..................................... (2,046) (1,721) (1,069) (506)
Net revenues ................................ 6,791 (1,019) 5,294 (637)
Non-interest expenses:
Non-interest expenses ................................. 672 461 767 649
Income (loss) before income tax provision (benefit) ............. 6,119 (1,480) 4,527 (1,286)
Provision for (benefit from) income taxes ..................... 1,416 (2,826) 2,820 2
Net income (loss) ........................................ 4,703 1,346 1,707 (1,288)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments .................. 66 116 (160) (96)
Amortization of cash flow hedges ....................... 9 13 16 2
Net unrealized gain on securities available for sale .......... 36 — — —
Pension, postretirement and other related adjustments ........ (18) (269) 216 (201)
Comprehensive income (loss) ............................... $4,796 $ 1,206 $ 1,779 $(1,583)
Net income (loss) ........................................ $4,703 $ 1,346 $ 1,707 $(1,288)
Earnings (loss) applicable to Morgan Stanley common
shareholders .......................................... $3,594 $ (907) $ 1,495 $(1,624)
247