|
|
DIF
Income Statement - Fourth Quarter 2011
Fund Financial Results |
($
in millions) |
Income
Statement (year-to-date) |
|
Unaudited Dec-11 |
Sep-11 |
Quarterly Change |
Audited Dec-10 |
Year-Over-Year Change |
Assessments earned |
$13,498 |
$10,289 |
$3,209 |
$13,610 |
($112) |
Systemic risk revenue |
(131) |
(35) |
(96) |
(673) |
542 |
Interest on U.S. Treasury obligations |
120 |
95 |
25 |
205 |
(85) |
Other revenue |
2,854 |
232 |
2,622 |
238 |
2,616 |
Total Revenue |
$16,341 |
$10,581 |
$5,760 |
$13,380 |
$2,961 |
Operating expenses |
1,625 |
1,291 |
334 |
1,593 |
32 |
Systemic risk expenses |
(131) |
(35) |
(96) |
(673) |
542 |
Provision for insurance losses |
(4,414) |
(5,947) |
1,533 |
(848) |
(3,566) |
Insurance and other expenses |
4 |
3 |
1 |
3 |
1 |
Total Expenses and Losses |
($2,916) |
($4,688) |
$1,772 |
$75 |
($2,991) |
Net Income (Loss) |
19,257 |
15,269 |
3,988 |
13,305 |
5,952 |
Unrealized gain (loss) on U.S. Treasury investments, net |
21 |
14 |
7 |
(115) |
136 |
Unrealized gain (loss) on trust preferred securities |
(85) |
(118) |
33 |
336 |
(421) |
Unrealized postretirement benefit gain (loss) |
(15) |
- |
(15) |
(16) |
1 |
Comprehensive Income (Loss) |
$19,178 |
$15,165 |
$4,013 |
$13,510 |
$5,668 |
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