FDIC Home - Federal Deposit Insurance Corporation
FDIC Home - Federal Deposit Insurance Corporation

 
Skip Site Summary Navigation   Home     Deposit Insurance     Consumer Protection     Industry Analysis     Regulations & Examinations     Asset Sales     News & Events     About FDIC  


Home > About FDIC > Financial Reports > Financial Analysis Report




Financial Analysis Report

FSLIC Resolution Fund
 Condensed Financial Statements
December 2003

Dollars in Millions

December 31

2003

2002

Operating Results

empty cell empty cell
Total Revenue

$ 51

$ 433

Operating expenses 28 46
Provision for losses (58) (149)
Expenses for goodwill settlements and litigation 15 40
Comprehensive Income

$ 51

$ 227

empty row empty cell empty cell

Financial Condition

empty cell empty cell
Cash and cash equivalents

$ 3,279

$ 3,.618

Receivables from thrift resolutions 94 131
Investment in Securitization-Related Assets 90 98
Accumulated Deficit, net (122,921) (122,973)
Resolution Equity

$ 3,456

$ 3,855

Assets in Liquidation - main source of repayment of receivable from thrift resolutions (See table below)

  Assets in Liquidation (FRF)

Net investments in subsidiaries 24 19%
Loans to subsidiaries 26 21%
Securities 72 58%
Other 3 2%
 

TABLE OF CONTENTS | PREVIOUS PAGE

  

Last Updated 02/19/2004 finance@fdic.gov


Home    Contact Us    Search    Help    SiteMap    Forms
Freedom of Information Act (FOIA) Service Center    Website Policies    USA.gov
FDIC Office of Inspector General