reformulated balance sheet

7/23/2019 Reformulated Balance Sheet

1/7

E-TRADE GROUP,INC

Consolidated Balance Sheets

(in thousands,excet e!-sha!e a"ou

Assets

Cash and Eui)alent

Cash and in)est"ent !eui!ed to *e se+!e+ated

Unde! ede!al o othe! !e+ulation

B!oe!a+e !ecei)a*les-net

.o!t+a+e-*aced secu!ities

/oan !ecei)a*le-net

in)est"ent

P!oe!t0 and eui"ent-net

+ood1ill and othe! intan+i*les

othe! assets

Total Assets

Liabilities and shareowners' Equity

/ia*ilities

B!oe!a+e a0a*les

Banin+ deosits

Bo!!o1in+s *0 *an su*sidia!0

Su*o!dinated notes

Accounts a0a*le, acc!ued and othe! lia*ilities

Total lia*ilities

Co"an0-o*li+ated "andato!0 !edee"a*le

!ee!!ed secu!itiesSha!eo1ne!s2 euit0

(345 "illion sha!e outstandin+ in &'''#

Total lia*ilities and sha!eo1ne!s2s euit0


2/7

nts#

$%-Se

&''' &''6

&37,6%& 4&,$&4

&%7,5%% 4,7%%

3,'&3,56& &,$85,374

&,738,%5$ &,%&3,&8$

3,&57,5%' '%7,657

6$%,$3' 6&3,%'$

&46,657 57,6%5

&4,3&& &',843

&5',$68 &%&,$43

4,'%6,337 7,$76,'3$

3,637,3&3 &,377,5&$

3,&83,863 &,3%',74%

&,384,747 648,'$5

% 3',655

3%$,'4& &%&,'3%

8,756,$$' $,783,8'$

$%,567 $6,$65

&,7&',$%& 674,675

4,'%6,337 7,$76,'3$


3/7

REFORMULATED BALANCE !EET

"###

O$eratin% Asset

Oe!atin+ cash $3,3%%

B!oe!a+e !ecei)a*les-net 3,'&3,56&

.o!t+a+e-*aced secu!ities &,738,%5$

/oan !ecei)a*le-net 3,&57,5%'!oe!t0 and eui"ent-net &46,657

+ood1ill and othe! intan+i*les &4,3&&

othe! assets &5',$68

8,66%,4'7

O$eratin% Liabilities

B!oe!a+e a0a*les 3,637,3&3

Banin+ deosits 3,&83,863

Bo!!o1in+s *0 *an su*sidia!0 &,384,747

Su*o!dinated notes %

Accounts a0a*le, acc!ued and othe! lia*ilities 3%$,'4&

8,756,$$'

Net O$eratin% Assets 733,755

Finan&ial Obli%ation

Co"an0-o*li+ated "andato!0 !edee"a*le

!ee!!ed secu!ities $%,567

$%,567

Finan&ial Assets

cash eui)alent '3,8%&

in)est"ent 6$%,$3'Cash and in)est"ent !eui!ed to *e se+!e+ated

Unde! ede!al o othe! !e+ulation &%7,5%%

&,%34,7$%

Net nan&ial Obli%ation (''8,678#

Co""on euit0 &,7&',$%&


4/7

"##(

75,%%%

&,$85,374

&,%&3,&8$

'%7,65757,6%5

&',843

&%&,$43

$,5%$,&&$

&,377,5&$

&,3%',74%

648,'$5

3',655

&%&,'3%

$,783,8'$

7%,73%

$6,$65

$6,$65

38,$&4

6&3,%'$

4,7%%

675,6&%

(6%4,735#

674,675


5/7

OAL )AN* +AMU AL,N DAR, BU+U CO-) +E ,N, A


6/7

E TRADE GROUP

Reo!"ulated Inco"e State"ents

&'''

Net Re)enue 854,3

cost o se!)ices 3'3,'

sellin+ and "a!etin+ $3&,8

technolo+0 de)elo"ent 48,'

+ene!al and ad"inist!ati)e &%3,&

co!e oe!atin+ inco"e *eo!e tax (&$8,$#

tax !eo!ted

tax on non-co!e ite"s (3&,$#

co!e oe!atin+ inco"e ate! tax (6$,4#

non-co!e inco"e

Co!o!ate inte!est &',8

Gain on sale 57,&

Euit0 inco"e -696 .e!+e! chan+es

Othe!


7/7

reformulated balance sheet

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