eTrade 2001 Annual Report Download - page 58

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A domestic or global brokerage account is included as an active account if the account has a positive asset balance, or if a trade
has been made in the account in the past six months or if the account was opened in connection with a corporate employee stock
benefit program. Customers may have separate or multiple accounts for each relationship they maintain with us, including
separate or multiple brokerage and banking accounts.
A bank account is included as an active account if a customer has made an initial deposit and the account is not considered
abandoned or dormant under applicable Federal and State laws, and the account has not been closed.
Net new accounts is equal to the number of accounts opened during the applicable period that qualify as active accounts less the
number of accounts deactivated due to customer attrition or because the account no longer met the definition of an active
account during the reported period.
A household is a collection of active accounts, as defined above, which have a matching address and last name.
The following table sets forth the components of both gross and net revenues and percentage change information related to certain
items on our Consolidated Statements of Operations for the periods indicated (dollars in thousands):
Years Ended PercentageChange
December31, 2001 September30, 2000 September30, 1999 2001
Versus
2000
2000
Versus
1999
Transaction Revenues:
Commissions $ 354,478 $ 656,725 $ 316,656 (46 )% 107 %
Order flow 52,683 82,353 39,174 (36 )% 110 %
Total transaction revenues 407,161 739,078 355,830 (45 )% 108 %
Interest Income:
Brokerage-related 305,581 463,590 176,479 (34 )% 163 %
Banking-related 854,290 496,768 192,595 72 % 158 %
Total interest income 1,159,871 960,358 369,074 21 % 160 %
Global and institutional 152,822 166,061 124,233 (8 )% 34 %
Gains on sales of originated loans 95,478 100 % %
Gains on sales on Bank loans
held-for-sale and other securities, net
75,836 8,491 6,255 793 % 36 %
Other 170,947 99,195 34,291 72 % 189 %
2002. EDGAR Online, Inc.