301 Moved Permanently
301 Moved Permanently
openresty
 |
DIF
Income Statement - Fourth Quarter 2014
| Fund Financial Results |
($
in millions) |
| Income
Statement (year-to-date) |
| |
Audited Dec-14 |
Unaudited Sep-14 |
Quarterly Change |
Audited
Dec-13 |
Year-Over-Year Change |
Assessments |
$8,656 |
$6,626 |
2,030 |
$9,734 |
($1,078) |
| Interest on U.S. Treasury obligations |
282 |
212 |
70 |
104 |
178 |
| Realized gain on sale of trust preferred securities |
- |
- |
- |
458 |
(458) |
| Other revenue |
27 |
22 |
5 |
163 |
(136) |
| Total Revenue |
$8,965 |
$6,860 |
2,105 |
$10,459 |
($1,494) |
| Operating expenses |
1,664 |
1,256 |
408 |
1,609 |
55 |
| Provision for insurance losses |
(8,305) |
(1,519) |
(6,786) |
(5,659) |
(2,646) |
| Insurance and other expenses |
6 |
1 |
5 |
4 |
2 |
| Total Expenses and Losses |
($6,635) |
($262) |
(6,373) |
($4,046) |
($2,589) |
| Net Income |
15,600 |
7,122 |
8,478 |
14,505 |
1,095 |
| Unrealized gain (loss) on U.S. Treasury investments, net |
31 |
7 |
24 |
(14) |
45 |
| Unrealized gain (loss) on trust preferred securities |
- |
- |
- |
(302) |
302 |
| Unrealized postretirement benefit gain (loss) |
(42) |
- |
(42) |
44 |
(86) |
| Comprehensive Income |
$15,589 |
$7,129 |
8,460 |
$14,233 |
$1,356 |
|
