eTrade 1999 Annual Report Download - page 66

Download and view the complete annual report

Please find page 66 of the 1999 eTrade 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.

Page out of 74

  • 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

E*TRADE
Group TIR Total
---------- ------- ----------
Fiscal 1999
Interest--net of interest expense.......... $ 121,425 $ 883 $ 122,308
Non-interest revenue....................... 391,747 107,347 499,094
---------- ------- ----------
Net revenues............................... 513,172 108,230 621,402
========== ======= ==========
Operating income (loss).................... (139,010) 6,608
(132,402)
Pre-tax income (loss)...................... (98,156) 6,620
(91,536)
Segment assets............................. 3,771,370 155,610 3,926,980
Fiscal 1998
Interest--net of interest expense.......... $ 56,020 $ 681 $ 56,701
Non-interest revenue....................... 189,297 89,758 279,055
---------- ------- ----------
Net revenues............................... 245,317 90,439 335,756
========== ======= ==========
Operating income (loss).................... (2,765) 5,678 2,913
Pre-tax income (loss)...................... (2,765) 4,916 2,151
Segment assets............................. 1,969,445 96,841 2,066,286
Fiscal 1997
Interest--net of interest expense.......... $ 25,265 $ 474 $ 25,739
Non-interest revenue....................... 131,130 77,259 208,389
---------- ------- ----------
Net revenues............................... 156,395 77,733 234,128
========== ======= ==========
Operating income (loss).................... 24,460 5,809 30,269
Pre-tax income (loss)...................... 24,460 4,863 29,323
Segment assets............................. 995,422 152,692 1,148,114
67
Geographic Information
The Company operates in both U.S. and foreign markets. The Company's foreign operations are conducted by TIR through offices in
Europe, Japan and South East Asia. Management believes that the following information provides a reasonable representation of each
region's contribution to the consolidated amounts.
2002. EDGAR Online, Inc.