Sallie Mae 2015 Annual Report Download - page 97
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F-7
SLM CORPORATION
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(In thousands)
Navient's
Subsidiary
Investment
Accumulated
Other
Comprehensive
Income (Loss)
Total SLM
Corporation
Equity
Non-
controlling
Interest Total Equity
Balance at December 31, 2012. . . . . . . . $ 1,068,928 $ 14,348 $ 1,083,276 $ 6,024 $ 1,089,300
Net income (loss) . . . . . . . . . . . . . . . . . . . 258,945 — 258,945 (1,352) 257,593
Other comprehensive loss, net of tax. . . . — (17,372) (17,372) — (17,372)
Total comprehensive income (loss) . . . . . 241,573 (1,352) 240,221
Net transfers to affiliate . . . . . . . . . . . . . . (163,378) — (163,378) — (163,378)
Balance at December 31, 2013. . . . . . . . $ 1,164,495 $ (3,024) $ 1,161,471 $ 4,672 $ 1,166,143
See accompanying notes to consolidated financial statements.