eTrade 2004 Annual Report Download - page 60
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Table of Contents
Index to Financial Statements
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
54
Page
Management Report on Internal Control Over Financial Reporting
55
Reports of Independent Registered Public Accounting Firm
56
Consolidated Balance Sheets as of December 31, 2004 and 2003
58
Consolidated Statements of Operations for the Years Ended December 31, 2004, 2003 and 2002
59
Consolidated Statements of Comprehensive Income (Loss) for the Years Ended December 31, 2004, 2003 and 2002
60
Consolidated Statements of Shareholders
’
Equity for the Years Ended December 31, 2004, 2003 and 2002
61
Consolidated Statements of Cash Flows for the Years Ended December 31, 2004, 2003 and 2002
63
Notes to Consolidated Financial Statements:
Note 1
—
Organization and Basis of Presentation
65
Note 2
—
Summary of Significant Accounting Policies
67
Note 3
—
Discontinued Operations
74
Note 4
—
Business Combinations
76
Note 5
—
Brokerage Receivables, Net and Brokerage Payables
78
Note 6
—
Available
-
for
-
Sale Mortgage
-
Backed and Investment Securities
79
Note 7
—
Other Investments
82
Note 8
—
Loans Receivable, Net
84
Note 9
—
Servicing Rights
87
Note 10
—
Property and Equipment, Net
88
Note 11
—
Goodwill and Other Intangibles, Net
88
Note 12
—
Other Assets
90
Note 13
—
Asset Securitization
90
Note 14
—
Related Party Transactions
94
Note 15
—
Deposits
95
Note 16
—
Securities Sold Under Agreements to Repurchase and Other Borrowings by Bank Subsidiary
97
Note 17
—
Senior Notes and Convertible Subordinated Notes
98
Note 18
—
Accounts Payable, Accrued and Other Liabilities
99
Note 19
—
Income Taxes
100
Note 20
—
Shareholders
’
Equity
102
Note 21
—
Employee Benefit Plans
103
Note 22
—
Facility Restructuring and Other Exit Charges
106
Note 23
—
Income (Loss) Per Share
110
Note 24
—
Regulatory Requirements
111
Note 25
—
Lease Arrangements
112
Note 26
—
Commitments, Contingencies and Other Regulatory Matters
113
Note 27
—
Accounting for Derivative Financial Instruments and Hedging Activities
116
Note 28
—
Fair Value Disclosure of Financial Instruments
120
Note 29
—
Segment and Geographic Information
121
Note 30
—
Condensed Financial Information (Parent Company Only)
125
Note 31
—
Subsequent Events
128
Note 32
—
Quarterly Data (Unaudited)
128