JP Morgan Chase 2003 Annual Report Download - page 86
Download and view the complete annual report
Please find page 86 of the 2003 JP Morgan Chase annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
 |
 |
84 J.P. Morgan Chase & Co. / 2003 Annual Report
Consolidated statement of changes in stockholders’ equity
J.P. M organ Chase & Co.
Year ended December 31, (in millions, except per share data) 2003 2002 2001
Preferred stock
Balance at beginning of year $1,009 $1,009 $ 1,520
Redemption of preferred stock ——(450)
Purchase of treasury stock ——(61)
Balance at end of year 1,009 1,009 1,009
Com mon stock
Balance at beginning of year 2,024 1,997 1,940
Issuance of common stock 20 27 55
Issuance of common stock for purchase accounting acquisitions —— 2
Balance at end of year 2,044 2,024 1,997
Capital surplus
Balance at beginning of year 13,222 12,495 11,598
Issuance of common stock and options for purchase accounting acquisitions —— 79
Shares issued and commitments to issue common stock for
employee stock-based awards and related tax effects 290 727 818
Balance at end of year 13,512 13,222 12,495
Ret ained earnings
Balance at beginning of year 25,851 26,993 28,096
Net income 6,719 1,663 1,694
Cash dividends declared:
Preferred stock (51) (51) (66)
Common stock ($1.36 per share each year) (2,838) (2,754) (2,731)
Balance at end of year 29,681 25,851 26,993
Accumulat ed ot her comprehensive income (loss)
Balance at beginning of year 1,227 (442) (241)
Other comprehensive income (loss) (1,257) 1,669 (201)
Balance at end of year (30) 1,227 (442)
Treasury stock, at cost
Balance at beginning of year (1,027) (953) (575)
Purchase of treasury stock ——(871)
Reissuance from treasury stock 1,082 107 710
Forfeitures to treasury stock (117) (181) (217)
Balance at end of year (62) (1,027) (953)
Total stockholders’ equity $46,154 $42,306 $ 41,099
Com prehensive income
Net income $6,719 $1,663 $ 1,694
Other comprehensive income (loss) (1,257) 1,669 (201)
Comprehensive income $5,462 $3,332 $ 1,493
The Notes to consolidated financial statements are an integral part of these statements.