C » Topics » Certain prior period amounts have been reclassified to conform to the current period's presentation.

This excerpt taken from the C 10-Q filed Nov 3, 2006.

Certain prior period amounts have been reclassified to conform to the current period's presentation.


17


GLOBAL CONSUMER

GRAPHIC
    *Excludes Other Consumer loss of $81 million.   *Excludes Other Consumer loss of $81 million.

        Citigroup's Global Consumer Group provides a wide array of banking, lending, insurance and investment services through a network of 7,933 branches, approximately 18,000 ATMs, approximately 800 Automated Lending Machines (ALMs), the Internet, telephone and mail, and the Primerica Financial Services salesforce. Global Consumer serves more than 250 million customer accounts, providing products and services to meet the financial needs of both individuals and small businesses.

 
  Three Months Ended September 30,
  %
Change

  Nine Months Ended
September 30,

  %
Change

 
In millions of dollars

  2006
  2005
  3Q06 vs.
3Q05

  2006
  2005
  YTD06 vs.
YTD05

 
Net interest revenue   $ 7,523   $ 7,369   2 % $ 22,228   $ 22,212    
Non-interest revenue     5,311     4,952   7     15,189     14,234   7 %
   
 
 
 
 
 
 
Revenues, net of interest expense   $ 12,834   $ 12,321   4 % $ 37,417   $ 36,446   3 %
Operating expenses     6,316     5,657   12     19,052     17,256   10  
Provisions for loan losses and for benefits and claims     1,994     2,770   (28 )   5,311     6,919   (23 )
   
 
 
 
 
 
 
Income before taxes and minority interest   $ 4,524   $ 3,894   16 % $ 13,054   $ 12,271   6 %
Income taxes     1,312     1,153   14     3,559     3,762   (5 )
Minority interest, net of taxes     17     18   (6 )   50     46   9  
   
 
 
 
 
 
 
Net income   $ 3,195   $ 2,723   17 % $ 9,445   $ 8,463   12 %
   
 
 
 
 
 
 
Average assets (in billions of dollars)   $ 620   $ 534   16 % $ 586   $ 529   11 %
Return on assets     2.04 %   2.02 %       2.15 %   2.14 %    
Average risk capital(1)   $ 27,938   $ 27,343   2 % $ 27,724   $ 27,012   3 %
Return on risk capital(1)     45 %   40 %       46 %   42 %    
Return on invested capital(1)     21 %   18 %       21 %   19 %    
   
 
 
 
 
 
 

(1)
See footnote 4 to the table on page 4.

18


"Certain prior period amounts have been reclassified to conform to the current period's presentation." elsewhere:

Bank of America (BAC)
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