eTrade 2002 Annual Report Download - page 184

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Table of Contents
Index to Financial Statements
Financial information for the Company’ s reportable segments is presented in the table below, and the totals are equal to the Company’ s
consolidated amounts as reported in the consolidated financial statements (in thousands):
Domestic Retail Brokerage and
Other Banking Global and Institutional Total
Year Ended December 31, 2002:
Interest, net of interest expense $ 161,590 $ 215,231 $ 7,998 $ 384,819
Non-interest revenue, net of provision for loan
losses
536,883 243,979 160,183 941,045
Net revenues $ 698,473 $ 459,210 $ 168,181 $ 1,325,864
Facility restructuring and other exit charges $ 20,501 $ (7,287 ) $ 3,305 $ 16,519
Operating income (loss) $ 54,542 $ 213,664 $ (12,302 ) $ 255,904
Year Ended December 31, 2001:
Interest, net of interest expense $ 210,418 $ 161,504 $ 8,674 $ 380,596
Non-interest revenue, net of provision for loan
losses
535,727 202,425 156,616 894,768
Net revenues $ 746,145 $ 363,929 $ 165,290 $ 1,275,364
Facility restructuring and other exit charges $ 167,537 $ 19,927 $ 15,301 $ 202,765
Operating income (loss) $ (249,436 ) $ 109,231 $ (45,753 ) $ (185,958 )
Three Months Ended December 31, 2000:
Interest, net of interest expense $ 62,620 $ 39,560 $ 2,091 $ 104,271
Non-interest revenue, net of provision for loan
losses
172,266 14,117 43,112 229,495
Net revenues $ 234,886 $ 53,677 $ 45,203 $ 333,766
Operating income (loss) $ 4,093 $ 9,995 $ (7,179 ) $ 6,909
Year Ended September 30, 2000:
Interest, net of interest expense $ 234,926 $ 118,458 $ 6,112 $ 359,496
Non-interest revenue, net of provision for loan
losses
814,429 22,031 172,362 1,008,822
Net revenues $ 1,049,355 $ 140,489 $ 178,474 $ 1,368,318
Operating income (loss) $ (68,721 ) $ 6,793 $ (18,398 ) $ (80,326 )
As of December 31, 2002:
Segment assets $ 3,875,460 $ 17,133,814 $ 524,974 $ 21,534,248
As of December 31, 2001:
Segment assets $ 4,272,345 $ 13,458,433 $ 441,636 $ 18,172,414
134
2003. EDGAR Online, Inc.