Sallie Mae 2000 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2000 Sallie Mae 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 23

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23

2000 FINANCIAL HIGHLIGHTS
Increase
(Dollars in millions, except share (Decrease)
and per share amounts) 2000 1999 %
AT DECEMBER 31:
On-balance sheet student loans $37,647 $33,809
Off-balance sheet student loans 29,868 19,467
Managed student loans $67,515 $53,276 27
FOR THE YEARS ENDED
DECEMBER 31:
Pro-forma “core cash basis”*
net income $ 492 $ 405 21
Pro-forma “core cash basis”*
diluted earnings
per common share 2.93 2.48 18
Dividends per common share .66 .61 8
Average common and common
equivalent shares outstanding 164,354,935 163,157,943 1
* See “Pro-forma ‘Core Cash Basis’ Consolidated Statements of Income,” Page 14.
SALLIE MAE MISSION
To make education accessible
and affordable for all
Americans at all times of
their lives:
➣ To be the most trustworthy
provider of education
credit and related
services to school and
student customers.
➣ To be the most cost-
effective education finance
partner to the American
taxpayer.
➣ To provide superior returns
to shareholders.
like never before