10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN EXPRESS CO

Ticker: AXP   Fiscal Year: 2012

Consolidated Statements of Income

Period Ending Dec 31, 2012 10-K (Filed: Mar 8, 2013)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2012Dec 31, 2011Dec 31, 2010
Revenues
Discount revenue earned from purchased cardmember receivables and loans
$
543
435443
Interest income from affiliates494505466
Interest income from investments8632
Finance revenue433839
Total revenues1,088984980
 
Expenses
Provisions for losses14380128
Interest expense731695582
Interest expense to affiliates181216
Service fees to affiliates001
Other, net(92)(152)(71)
Total expenses800635656
 
Pretax income288349324
 
Income tax benefit(51)(48)(24)
Net income339397348
 
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

AMERICAN EXPRESS CO

Ticker: AXP   Fiscal Year: 2012

Consolidated Statements of Income

Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013)

(In Millions)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2012Dec 31, 2011Dec 31, 2010
Revenues
Non-interest revenues
Discount revenue
$
17,739
16,73414,880
Net card fees2,5062,4482,321
Travel commissions and fees1,9401,9711,773
Other commissions and fees2,3172,2692,031
Other2,4522,1641,927
Total non-interest revenues26,95425,58622,932
 
Interest income
Interest on loans6,5116,2726,564
Interest and dividends on investment securities246327443
Deposits with banks and other979766
Total interest income6,8546,6967,073
 
Interest expense
Deposits480528546
Long-term debt and other1,7461,7921,877
Total interest expense2,2262,3202,423
 
Net interest income4,6284,3764,650
 
Total revenues net of interest expense31,58229,96227,582
 
Provisions for losses
Charge card742770595
Cardmember loans1,1492531,527
Other998985
Total provisions for losses1,9901,1122,207
 
Total revenues net of interest expense after provisions for losses29,59228,85025,375
 
Expenses
Marketing, promotion, rewards and cardmember services9,9719,9308,738
Salaries and employee benefits6,5976,2525,566
Other, net6,5735,7125,107
Total23,14121,89419,411
 
Pretax income from continuing operations6,4516,9565,964
Income tax provision1,9692,0571,907
Income from continuing operations4,4824,8994,057
 
Income from discontinued operations0360
Net income4,4824,9354,057
 
Earnings Per Share, Basic [Abstract]
Income from continuing operations attributable to common shareholders3.914.113.37
Income from discontinued operations0.000.030.00
Net income attributable to common shareholders3.914.143.37
 
Earnings Per Share, Diluted [Abstract]
Income from continuing operations attributable to common shareholders3.894.093.35
Income from discontinued operations0.000.030.00
Net income attributable to common shareholders3.894.123.35
 
Average common shares outstanding for earnings per common share:
Basic1,1351,1781,188
Diluted1,1411,1841,195
External Links 
AMERICAN EXPRESS CO (AXP) Fiscal Year 2012
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip