eTrade 2011 Annual Report Download - page 166
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Segment Assets
Trading and
Investing
Balance Sheet
Management
Corporate/
Other Total
As of December 31, 2011 $9,608,020 $37,123,118 $1,209,314 $47,940,452
As of December 31, 2010 $9,049,333 $36,118,175 $1,205,493 $46,373,001
Assets and total net revenue attributable to international locations were not material for the periods
presented. No single customer accounts for greater than 10% of gross revenues for the years ended December 31,
2011, 2010 and 2009.
NOTE 23—CONDENSED FINANCIAL INFORMATION (PARENT COMPANY ONLY)
The following presents the Parent’s condensed statement of income (loss), balance sheet and statement of
cash flows:
CONDENSED STATEMENT OF INCOME (LOSS)
(In thousands)
Year Ended December 31,
2011 2010 2009
Total net revenue $ 271,607 $ 254,016 $ 358,990
Total operating expense 375,083 353,839 344,291
Income (loss) before other income (expense), income tax benefit, and
equity in income (loss) of consolidated subsidiaries (103,476) (99,823) 14,699
Total other income (expense) (175,792) (157,705) (1,255,882)
Loss before income tax benefit and equity in income (loss) of
consolidated subsidiaries (279,268) (257,528) (1,241,183)
Income tax benefit (121,141) (64,109) (340,749)
Equity in income (loss) of consolidated subsidiaries 314,828 164,947 (397,328)
Net income (loss) $ 156,701 $ (28,472) $(1,297,762)
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