|
|
DIF Income Statement - Fourth Quarter 2008
| Fund Financial Results |
($
in millions) |
| Income
Statement |
| |
Unaudited
Dec-08 |
Sep-08 |
Quarterly Change |
Dec-07 |
Year-Over-Year Change |
| Assessments earned |
$2,965 |
$1,969 |
$996 |
$643 |
$2,322 |
| Systemic risk revenue |
715 |
0 |
0 |
0 |
715 |
| Interest earned on investment securities |
2,072 |
1,795 |
277 |
2,540 |
(468) |
| Other revenue |
31 |
18 |
13 |
14 |
17 |
| Realized
gain on sale of securities |
775 |
473 |
302 |
0 |
775 |
| Total Revenue |
$6,558 |
$4,255 |
$2,303 |
$3,197 |
$3,361 |
| Operating expenses (includes depreciation expense) |
1,033 |
743 |
290 |
993 |
40 |
| Systemic risk expenses |
715 |
0 |
715 |
0 |
715 |
| Provision for insurance losses |
40,226 |
22,676 |
17,550 |
95 |
40,131 |
| Other expenses |
4 |
1 |
3 |
3 |
1 |
| Total
Expenses & Losses |
$41,978 |
$23,420 |
$18,558 |
$1,091 |
$40,887 |
| Net (Loss)/Income |
($35,420) |
($19,165) |
($16,225) |
$2,106 |
($37,526) |
| Unrealized gain/(loss) on available-for-sale securities, net |
1,891 |
1,340 |
551 |
125 |
1,766 |
| Unrealized postretirement benefit gain/(loss) |
5 |
0 |
5 |
17 |
(12) |
| YTD Comprehensive (Loss)/Income |
($33,524) |
($17,825) |
($15,699) |
$2,248 |
($35,772) |
| FDIC
Investment Portfolio as of December 31, 2008 |
| |
$ in billions |
Percentage |
Overnight
investments |
0.971 |
3 |
Available-for-Sale
Securities |
28.3 |
97 |
Total
market value = $29 billion |
| FDIC
Investment Portfolio as of September 30, 2008 |
| |
$
in billions
|
Percentage
|
Overnight
investments
|
0.851 |
3 |
Available-for-Sale
Securities
|
33.0 |
97 |
Total
market value = $34 billion
|
|
