|
|
DIF
Income Statement - First Quarter 2011
| Fund Financial Results |
($
in millions) |
| Income
Statement (year-to-date) |
| |
Unaudited
Mar-11 |
Audited
Dec-10 |
Unaudited
Mar-10 |
Year-Over-Year Change |
Assessments earned |
$3,484 |
$13,610 |
$3,278 |
$206 |
| Systemic risk revenue |
5 |
(673) |
49 |
(44) |
| Interest on U.S. Treasury obligations |
28 |
205 |
62 |
(34) |
| Other revenue |
66 |
238 |
23 |
43 |
| Total Revenue |
$3,583 |
$13,380 |
$3,412 |
$171 |
| Operating expenses |
395 |
1,593 |
345 |
50 |
| Systemic risk expenses |
5 |
(673) |
49 |
(44) |
| Provision for insurance losses |
(3,089) |
(848) |
3,021 |
(6,110) |
| Insurance and other expenses |
- |
3 |
1 |
(1) |
| Total Expenses and Losses |
($2,689) |
$75 |
$3,416 |
($6,105) |
| Net Income (Loss) |
6,272 |
13,305 |
(4) |
6,276 |
| Unrealized gain (loss) on U.S. Treasury investments, net |
10 |
(115) |
(29) |
39 |
| Unrealized gain (loss) on trust preferred securities |
47 |
336 |
178 |
(131) |
| Unrealized postretirement benefit gain (loss) |
- |
(16) |
- |
- |
| Comprehensive Income (Loss) |
$6,329 |
$13,510 |
$145 |
$6,184 |
| DIF Fund Balance and Estimated Insured Deposits |
|
Fund Balance ($ in billions) |
Estimated Insured Deposits ($ in trillions) |
Reserve Ratio (percentage) |
4th
Qtr 2008 |
$17.3 |
$4.8 |
0.36% |
1st
Qtr 2009 |
$13.0 |
$4.8 |
0.27% |
2nd
Qtr 2009 |
($8.2) |
$4.8 |
0.22% |
3rd
Qtr 2009 |
($8.2) |
$5.3 |
-0.16% |
4th
Qtr 2009 |
($20.9) |
$5.4 |
-0.39% |
1st
Qtr 2010 |
($20.7) |
$5.5 |
-0.38% |
2nd
Qtr 2010
|
($15.2) |
$5.4 |
-0.28% |
3rd
Qtr 2010
|
($8.0) |
$5.4 |
-0.15% |
4th
Qtr 2010 |
($7.4) |
$6.3 |
-0.12% |
1st
Qtr 2011 |
($1.0) |
$6.4 |
-0.02% |
|
