301 Moved Permanently
301 Moved Permanently
openresty
 |
Selected
Financial Data - First Quarter
2011
| Fund Financial Results |
($
in millions) |
| FSLIC
Resolution Fund |
| |
Unaudited Mar-11 |
Audited
Dec-10 |
Quarterly Change |
Unaudited
Mar-10 |
Year-Over-Year Change |
Cash and cash equivalents |
$3,548 |
$3,548 |
$- |
$3,476 |
$72 |
| Accumulated deficit |
(124,224) |
(124,224) |
- |
(124,328) |
104 |
| Total resolution equity |
3,568 |
3,568 |
- |
3,520 |
48 |
| Total revenue |
2 |
13 |
|
6 |
(4) |
| Operating expenses |
2 |
4 |
|
1 |
1 |
| Goodwill litigation expenses |
- |
(53) |
|
- |
- |
| Recovery of tax benefits |
- |
(63) |
|
(15) |
15 |
| Net Income (Loss) |
$- |
$124 |
|
$20 |
($20) |
| Receivership
Selected Statistics March 2011 vs. March 2010 |
| |
DIF |
FRF |
ALL FUNDS |
| Year-to-Date ($ in millions) |
Mar-11 |
Mar-10 |
Change |
Mar-11 |
Mar-10 |
Change |
Mar-11 |
Mar-10 |
Change |
Total Receiverships |
362 |
220 |
142 |
8 |
8 |
- |
370 |
228 |
142 |
| Assets in Liquidation |
$26,476 |
$36,843 |
($10,367) |
$25 |
$29 |
($4) |
$26,501 |
$36,872 |
($10,371) |
| Collections |
$2,276 |
$7,285 |
($5,009) |
$1 |
$8 |
($7) |
$2,277 |
$7,293 |
($5,016) |
| Dividend/other Pmts - Cash |
$3,279 |
$3,494 |
($215) |
$- |
$- |
$- |
$3,279 |
$3,494 |
($215) |
Cash dividends and other payments to the DIF ($
in millions) |
Quarter
End |
Balance
|
| 1st
Qtr 2010 |
$3,494 |
| 2nd
Qtr 2010 |
$723 |
| 3rd
Qtr 2010 |
$4,380 |
| 4th
Qtr 2010 |
$4,960 |
| 1st Qtr 2011 |
$3,279 |
|
