Morgan Stanley 2014 Annual Report Download - page 57

Item 6. Selected Financial Data.
MORGAN STANLEY
SELECTED FINANCIAL DATA
(dollars in millions, except share and per share data)
2014 2013 2012 2011 2010
Income Statement Data:
Revenues:
Total non-interest revenues ............................................... $32,540 $31,715 $26,383 $31,953 $30,407
Interest income .................................................... 5,413 5,209 5,692 7,234 7,288
Interest expense .................................................... 3,678 4,431 5,897 6,883 6,394
Net interest ................................................... 1,735 778 (205) 351 894
Net revenues .............................................. 34,275 32,493 26,178 32,304 31,301
Non-interest expenses:
Compensation and benefits ........................................... 17,824 16,277 15,615 16,325 15,860
Other ............................................................ 12,860 11,658 9,967 9,792 9,154
Total non-interest expenses ....................................... 30,684 27,935 25,582 26,117 25,014
Income from continuing operations before income taxes ........................ 3,591 4,558 596 6,187 6,287
Provision for (benefit from) income taxes ................................... (90) 902 (161) 1,491 823
Income from continuing operations ........................................ 3,681 3,656 757 4,696 5,464
Discontinued operations(1):
Income (loss) from discontinued operations before income taxes ............. (19) (72) (48) (170) 600
Provision for (benefit from) income taxes ............................... (5) (29) (7) (119) 362
Income (loss) from discontinued operations .......................... (14) (43) (41) (51) 238
Net income ........................................................... 3,667 3,613 716 4,645 5,702
Net income applicable to redeemable noncontrolling interests(2) ............. — 222 124 — —
Net income applicable to nonredeemable noncontrolling interests(2) .......... 200 459 524 535 999
Net income applicable to Morgan Stanley ................................... $ 3,467 $ 2,932 $ 68 $ 4,110 $ 4,703
Preferred stock dividends and other ........................................ 315 277 98 2,043 1,109
Earnings (loss) applicable to Morgan Stanley common shareholders(3) ............ $ 3,152 $ 2,655 $ (30) $ 2,067 $ 3,594
Amounts applicable to Morgan Stanley:
Income from continuing operations .................................... $ 3,481 $ 2,975 $ 138 $ 4,168 $ 4,478
Income (loss) from discontinued operations .............................. (14) (43) (70) (58) 225
Net income applicable to Morgan Stanley ........................... $ 3,467 $ 2,932 $ 68 $ 4,110 $ 4,703
53