eTrade 2000 Annual Report Download - page 100

reportable segments. Banking and global and institutional comprise the other two segments constituting the manner in which
management currently evaluates company performance.
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Financial information for the Company’ s reportable segments is presented in the table below, and the totals are equal to the
Company’ s consolidated amounts as reported in the consolidated financial statements.
Domestic
Retail
Brokerage
&
Other
Banking Global
and
Institutional
Total
(in thousands)
Year Ended September 30, 2000:
Interest-net of interest expense $ 234,926 $ 118,458 $ 6,112 $ 359,496
Non-interest revenue-net of provision for
loan losses
814,429 22,031 172,362 1,008,822
Net revenues $ 1,049,355 $ 140,489 $ 178,474 $ 1,368,318
Operating income (loss) $ (68,721 ) $ 6,793 $ (18,398 ) $ (80,326 )
Year Ended September 30, 1999:
Interest-net of interest expense $ 101,786 $ 49,932 $ 1,904 $ 153,622
Non-interest revenue-net of provision for
loan losses
391,377 5,455 120,994 517,826
Net revenues $ 493,163 $ 55,387 $ 122,898 $ 671,448
Operating income (loss) $ (158,290 ) $ 8,471 $ 626 $ (149,193 )
Year Ended September 30, 1998:
Interest-net of interest expense $ 44,984 $ 19,805 $ 1,000 $ 65,789
Non-interest revenue-net of provision for loan
losses
189,113 6,128 99,975 295,216
Net revenues $ 234,097 $ 25,933 $ 100,975 $ 361,005
Operating income (loss) $ (13,429 ) $ 4,191 $ 1,577 $ (7,661 )
As of September 30, 2000:
Segment assets $ 7,805,843 $ 9,027,185 $ 484,409 $ 17,317,437
As of September 30, 1999:
Segment assets $ 3,768,863 $ 3,981,244 $ 282,067 $ 8,032,174
Geographic Information
The Company operates in both U.S. and international markets. The Company’ s international operations are conducted by the global
and institutional group through offices in Europe, Japan, Canada and South East Asia. The following information provides a
reasonable representation of each region’ s contribution to the consolidated amounts.
United
States
Europe South East
Asia
Rest
Of World (1)
Total
(in thousands)
Net revenues:
2002. EDGAR Online, Inc.