Freddie Mac 2008 Annual Report Download - page 3
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FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
Page
Report of Independent Registered Public Accounting Firm ............................................. 181
Consolidated Statements of Operations ............................................................ 182
Consolidated Balance Sheets.................................................................... 183
Consolidated Statements of Stockholders’ Equity (Deficit) .............................................. 184
Consolidated Statements of Cash Flows ........................................................... 185
Note 1: Summary of Significant Accounting Policies .................................................. 186
Note 2: Financial Guarantees and Mortgage Securitizations ............................................. 203
Note 3: Retained Interests in Mortgage-Related Securitizations . ......................................... 207
Note 4: Variable Interest Entities ................................................................ 209
Note 5: Investments in Securities ................................................................ 211
Note 6: Mortgage Loans and Loan Loss Reserves .................................................... 219
Note 7: Real Estate Owned..................................................................... 222
Note 8: Debt Securities and Subordinated Borrowings ................................................. 223
Note 9: Stockholders’ Equity (Deficit) ............................................................ 226
Note 10: Regulatory Capital .................................................................... 231
Note 11: Stock-Based Compensation .............................................................. 234
Note 12: Derivatives .......................................................................... 237
Note 13: Legal Contingencies ................................................................... 239
Note 14: Income Taxes ........................................................................ 242
Note 15: Employee Benefits .................................................................... 245
Note 16: Segment Reporting .................................................................... 249
Note 17: Fair Value Disclosures ................................................................. 255
Note 18: Concentration of Credit and Other Risks .................................................... 265
Note 19: Minority Interests ..................................................................... 269
Note 20: Earnings (Loss) Per Share .............................................................. 269
Quarterly Selected Financial Data ................................................................ 271
ii Freddie Mac