Vocabulary Notes
-
balance sheet – баланс ;
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cash and due from banks - касса и корреспондентские счета в других банках;
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deposits at interest with banks - межбанковские процентные депозиты;
-
fair value - оценочная стоимость;
-
available for sale – легкореализуемые ;
-
venture capital - венчурный капитал ;
-
consumer loans - ссуды физическим лицам ;
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commercial loans - ссуды деловым предприятиям;
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loans net of unearned income - ссуды за вычетом наращенных, но не полученных процентов;
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allowance for credit losses - скидка на возможные потери по ссудам;
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customers ' acceptance liability - обязательства клиентов по акцептным кредитам;
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interest and fees receivable - проценты и комиссии к получению;
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interest - bearing deposits - депозиты, приносящие процентный доход;
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non - interest - bearing deposits - депозиты, не приносящие процентный доход;
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acceptances outstanding - обязательства по банковским акцептам;
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accrued taxes - накопленные налоговые обязательства;
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stockholder ' s equity - акционерный капитал;
-
common stocks - обыкновенные акции;
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surplus - добавочный капитал;
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retained earnings - нераспределенная прибыль;
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accumulated other changes in equity from nonowner sources - другие накопленные изменения в стоимости капитала, не обусловленные финансовыми операциями с владельцами акций.
3. Consolidated statement of cash flows of Citicorp and subsidiaries
|
In millions of dollars |
1999 |
1998 |
|
Cash flows from operating activities |
|
|
|
Net income |
5195 |
3096 |
|
Adjustments to reconcile net income to net cash provided by operating activities |
|
|
|
Provision for credit losses |
2837 |
2751 |
|
Depreciation and amortization of premises and equipment |
917 |
817 |
|
Amortization of goodwill and acquisition premium costs |
297 |
257 |
|
Provision (benefit) for deferred taxes |
115 |
(103) |
|
Restructuring-related items and merger-related costs |
154 |
1011 |
|
Venture capital activity |
(863) |
(698) |
|
Net gain on sale of securities |
(332) |
(524) |
|
Changes in accruals and other, net |
(793) |
(4760) |
|
Net decrease (increase) in loans held for sale |
550 |
(1493) |
|
Net decrease (increase) in trading account assets |
2127 |
6689 |
|
Net (decrease) increase in trading account liabilities |
(2742) |
(815) |
|
Total adjustments |
2267 |
3132 |
|
Net cash provided by operating activities |
7462 |
6228 |
|
Cash flows from investing activities |
|
|
|
Net (increase) decrease in deposits at interest with banks |
(452) |
1406 |
|
Securities - available for sale |
|
|
|
Purchases Proceeds from sales |
(58617) 25079 |
(59137) 23570 |
|
Maturities |
28740 |
28980 |
|
Net decrease in federal funds sold and securities sold under repurchase agreements |
840 |
3345 |
|
Net increase in loans Proceeds from sales of loans |
(115743) 87906 |
(167505) 146462 |
|
Business acquisitions Capital expenditures on premises and equipment Proceeds from sales of premises and equipment, subsidiaries and affiliates, and other real estate owned |
(2150) (1114) 1281 |
(3890) (1408) 718
|
|
Net cash used in investing activities |
(34230) |
(27459) |
|
Cash flows from financing activities |
|
|
|
Net increase in deposits |
34578 |
27011 |
|
Net (decrease) increase in federal funds purchased and securities sold under repurchase agreements |
(2445) |
(823) |
|
Net increase (decrease) in commercial paper and funds borrowed |
2027 |
(3764) |
|
Proceeds from issuance of long-term debt |
3909 |
7688 |
|
Repayment of long-term debt |
(4354) |
(6951) |
|
Dividends paid |
(4625) |
(884) |
|
Contribution from Citigroup parent company |
321 |
628 |
|
Redemption of preferred stock Proceeds from issuance of common stock Treasury stock repurchases |
- |
(1040) 243 (483) |
|
Net cash provided by financing activities |
29411 |
21628 |
|
Effect of exchange rate changes on cash and due from banks Net increase in cash and due from banks Cash and due from banks at the beginning of the year Cash and due from banks at end of year |
(289) 2354 9031 11385 |
31 428 8603 9031 |
|
Supplemental disclosure of cash flow information Cash paid during the year for Interest |
13415 |
14458 |
|
Income taxes |
2551 |
1949 |