10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOLDMAN SACHS GROUP INC | |||
Ticker: GS Fiscal Year: 2010 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2010 10-K (Filed: Mar 1, 2011) | |||
| (In Dollars) | |||
| 12 Months Ended | 13 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Nov 30, 2008 | |
| Revenues | |||
| Investment banking | $ 4,810,000,000 | 4,984,000,000 | 5,447,000,000 |
| Investment management | 4,669,000,000 | 4,233,000,000 | 4,855,000,000 |
| Commissions and fees | 3,569,000,000 | 3,840,000,000 | 4,998,000,000 |
| Market making | 13,678,000,000 | 22,088,000,000 | 12,694,000,000 |
| Other principal transactions | 6,932,000,000 | 2,621,000,000 | (10,048,000,000) |
| Total non-interest revenues | 33,658,000,000 | 37,766,000,000 | 17,946,000,000 |
| Interest income | 12,309,000,000 | 13,907,000,000 | 35,633,000,000 |
| Interest expense | 6,806,000,000 | 6,500,000,000 | 31,357,000,000 |
| Net interest income | 5,503,000,000 | 7,407,000,000 | 4,276,000,000 |
| Net revenues, including net interest income | 39,161,000,000 | 45,173,000,000 | 22,222,000,000 |
| Operating expenses | |||
| Compensation and benefits | 15,376,000,000 | 16,193,000,000 | 10,934,000,000 |
| U.K. bank payroll tax | 465,000,000 | 0 | 0 |
| Brokerage, clearing, exchange and distribution fees | 2,281,000,000 | 2,298,000,000 | 2,998,000,000 |
| Market development | 530,000,000 | 342,000,000 | 485,000,000 |
| Communications and technology | 758,000,000 | 709,000,000 | 759,000,000 |
| Depreciation and amortization | 1,889,000,000 | 1,734,000,000 | 1,262,000,000 |
| Occupancy | 1,086,000,000 | 950,000,000 | 960,000,000 |
| Professional fees | 927,000,000 | 678,000,000 | 779,000,000 |
| Other expenses | 2,957,000,000 | 2,440,000,000 | 1,709,000,000 |
| Total non-compensation expenses | 10,428,000,000 | 9,151,000,000 | 8,952,000,000 |
| Total operating expenses | 26,269,000,000 | 25,344,000,000 | 19,886,000,000 |
| Pre-tax earnings/(loss) | 12,892,000,000 | 19,829,000,000 | 2,336,000,000 |
| Provision/(benefit) for taxes | 4,538,000,000 | 6,444,000,000 | 14,000,000 |
| Net earnings/(loss) | 8,354,000,000 | 13,385,000,000 | 2,322,000,000 |
| Preferred stock dividends | 641,000,000 | 1,193,000,000 | 281,000,000 |
| Net earnings/(loss) applicable to common shareholders | 7,713,000,000 | 12,192,000,000 | 2,041,000,000 |
| Earnings/(loss) per common share | |||
| Basic | 14 | 24 | 5 |
| Diluted | 13 | 22 | 4 |
| Dividends declared per common share | 1 | 1 | 1 |
| Average common shares outstanding | |||
| Basic | 542,000,000 | 512,300,000 | 437,000,000 |
| Diluted | 585,300,000 | 550,900,000 | 456,200,000 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOLDMAN SACHS GROUP INC | |||
Ticker: GS Fiscal Year: 2010 | |||
Consolidated Statements of Comprehensive Income | |||
Period Ending Dec 31, 2010 10-K (Filed: Mar 1, 2011) | |||
| (In Dollars) | |||
| 12 Months Ended | 13 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Nov 30, 2008 | |
| Net earnings/(loss) | $ 8,354,000,000 | 13,385,000,000 | 2,322,000,000 |
| Currency translation adjustment, net of tax | (38,000,000) | (70,000,000) | (98,000,000) |
| Pension and postretirement liability adjustments, net of tax | 88,000,000 | (17,000,000) | 69,000,000 |
| Net unrealized gains/(losses) on available-for-sale securities, net of tax | 26,000,000 | 97,000,000 | (55,000,000) |
| Comprehensive income/(loss) | 8,430,000,000 | 13,395,000,000 | 2,238,000,000 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
GOLDMAN SACHS GROUP INC | |||
Ticker: GS Fiscal Year: 2010 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2010 10-K (Filed: Mar 1, 2011) | |||
| (In Dollars) | |||
| 12 Months Ended | 13 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Nov 30, 2008 | |
| Cash flows from operating activities | |||
| Net earnings/(loss) | $ 8,354,000,000 | 13,385,000,000 | 2,322,000,000 |
| Non-cash items included in net earnings/(loss) | |||
| Depreciation and amortization | 1,904,000,000 | 1,943,000,000 | 1,625,000,000 |
| Deferred income taxes | 1,339,000,000 | (431,000,000) | (1,763,000,000) |
| Share-based compensation | 4,035,000,000 | 2,009,000,000 | 1,611,000,000 |
| Changes in operating assets and liabilities | |||
| Cash and securities segregated for regulatory and other purposes | (17,094,000,000) | 76,531,000,000 | 12,995,000,000 |
| Net receivables from brokers, dealers and clearing organizations | 201,000,000 | 6,265,000,000 | (6,587,000,000) |
| Net payables to customers and counterparties | (5,437,000,000) | (47,414,000,000) | (50,000,000) |
| Securities borrowed, net of securities loaned | 19,638,000,000 | 7,033,000,000 | 85,054,000,000 |
| Securities sold under agreements to repurchase, net of securities purchased under agreements to resell and federal funds sold | (10,092,000,000) | (146,807,000,000) | (130,999,000,000) |
| Financial instruments owned, at fair value | (9,231,000,000) | 186,295,000,000 | 97,723,000,000 |
| Financial instruments sold, but not yet purchased, at fair value | 11,602,000,000 | (57,010,000,000) | (39,051,000,000) |
| Other, net | (11,376,000,000) | 7,076,000,000 | (20,986,000,000) |
| Net cash provided by/(used for)operating activities | (6,157,000,000) | 48,875,000,000 | 1,894,000,000 |
| Cash flows from investing activities | |||
| Purchase of property, leasehold improvements and equipment | (1,227,000,000) | (1,556,000,000) | (2,027,000,000) |
| Proceeds from sales of property, leasehold improvements and equipment | 72,000,000 | 82,000,000 | 121,000,000 |
| Business acquisitions, net of cash acquired | (804,000,000) | (221,000,000) | (2,613,000,000) |
| Proceeds from sales of investments | 1,371,000,000 | 303,000,000 | 624,000,000 |
| Purchase of available-for-sale securities | (1,885,000,000) | (2,722,000,000) | (3,851,000,000) |
| Proceeds from sales of available-for-sale securities | 2,288,000,000 | 2,553,000,000 | 3,409,000,000 |
| Net cash used for investing activities | (185,000,000) | (1,561,000,000) | (4,337,000,000) |
| Cash flows from financing activities | |||
| Unsecured short-term borrowings, net | 1,196,000,000 | (9,790,000,000) | (19,295,000,000) |
| Other secured financings (short-term), net | 12,689,000,000 | (10,451,000,000) | (8,727,000,000) |
| Proceeds from issuance of other secured financings (long-term) | 5,500,000,000 | 4,767,000,000 | 12,509,000,000 |
| Repayment of other secured financings (long-term), including the current portion | (4,849,000,000) | (6,667,000,000) | (20,653,000,000) |
| Proceeds from issuance of unsecured long-term borrowings | 20,231,000,000 | 25,363,000,000 | 37,758,000,000 |
| Repayment of unsecured long-term borrowings, including the current portion | (22,607,000,000) | (29,018,000,000) | (25,579,000,000) |
| Preferred stock repurchased | (9,574,000,000) | ||
| Repurchase of common stock warrants | (1,100,000,000) | ||
| Derivative contracts with a financing element, net | 1,222,000,000 | 2,168,000,000 | 781,000,000 |
| Deposits, net | (849,000,000) | 7,288,000,000 | 12,273,000,000 |
| Common stock repurchased | (4,183,000,000) | (2,000,000) | (2,034,000,000) |
| Dividends and dividend equivalents paid on common stock, preferred stock and restricted stock units | (1,443,000,000) | (2,205,000,000) | (850,000,000) |
| Proceeds from issuance of common stock, including stock option exercises | 581,000,000 | 6,260,000,000 | 6,105,000,000 |
| Proceeds from issuance of preferred stock, net of issuance costs | 13,366,000,000 | ||
| Proceeds from issuance of common stock warrants | 1,633,000,000 | ||
| Excess tax benefit related to share-based compensation | 352,000,000 | 135,000,000 | 614,000,000 |
| Cash settlement of share-based compensation | (1,000,000) | (2,000,000) | |
| Net cash provided by/(used for) financing activities | 7,839,000,000 | (22,828,000,000) | 7,901,000,000 |
| Net increase/(decrease) in cash and cash equivalents | 1,497,000,000 | 24,486,000,000 | 5,458,000,000 |
| Cash and cash equivalents, beginning of year | 38,291,000,000 | 15,740,000,000 | |
| Cash and cash equivalents, end of year | 39,788,000,000 | 38,291,000,000 | 15,740,000,000 |
| SUPPLEMENTAL DISCLOSURES: | |||
| Cash payments for interest, net of capitalized interest | 6,740,000,000 | 7,320,000,000 | 32,370,000,000 |
| Cash payments for income taxes, net of refunds | 4,480,000,000 | 4,780,000,000 | 3,470,000,000 |
| Non-cash activities: | |||
| Debt assumed in connection with business acquisitions | 90,000,000 | 16,000,000 | 790,000,000 |
| Approximate increase in assets upon adoption of ASU No. 2009-17 | 3,000,000,000 | ||
| Approximate increase in liabilities upon adoption of ASU No. 2009-17 | 3,000,000,000 | ||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
GOLDMAN SACHS GROUP INC | ||
Ticker: GS Fiscal Year: 2010 | ||
Consolidated Statements of Financial Condition | ||
Period Ending Dec 31, 2010 10-K (Filed: Mar 1, 2011) | ||
| (In Dollars) | ||
| As of | As of | |
| Dec 31, 2010 | Dec 31, 2009 | |
| Assets | ||
| Cash and cash equivalents | $ 39,788,000,000 | 38,291,000,000 |
| Cash and securities segregated for regulatory and other purposes (includes $36,182 and $18,853 at fair value as of December 2010 and December 2009, respectively) | 53,731,000,000 | 36,663,000,000 |
| Collateralized agreements: | ||
| Securities purchased under agreements to resell and federal funds sold (includes $188,355 and $144,279 at fair value as of December 2010 and December 2009, respectively) | 188,355,000,000 | 144,279,000,000 |
| Securities borrowed (includes $48,822 and $66,329 at fair value as of December 2010 and December 2009, respectively) | 166,306,000,000 | 189,939,000,000 |
| Receivables from brokers, dealers and clearing organizations | 10,437,000,000 | 12,597,000,000 |
| Receivables from customers and counterparties (includes $7,202 and $1,925 at fair value as of December 2010 and December 2009, respectively) | 67,703,000,000 | 55,303,000,000 |
| Financial instruments owned , at fair value (includes $51,010 and $31,485 pledged as collateral as of December 2010 and December 2009, respectively) | 356,953,000,000 | 342,402,000,000 |
| Other assets | 28,059,000,000 | 29,468,000,000 |
| Total assets | 911,332,000,000 | 848,942,000,000 |
| Liabilities and shareholders' equity | ||
| Deposits (includes $1,975 and $1,947 at fair value as of December 2010 and December 2009, respectively) | 38,569,000,000 | 39,418,000,000 |
| Collateralized financings: | ||
| Securities sold under agreements to repurchase, at fair value | 162,345,000,000 | 128,360,000,000 |
| Securities loaned (includes $1,514 and $6,194 at fair value as of December 2010 and December 2009, respectively) | 11,212,000,000 | 15,207,000,000 |
| Other secured financings (includes $31,794 and $15,228 at fair value as of December 2010 and December 2009, respectively) | 38,377,000,000 | 24,134,000,000 |
| Payables to brokers, dealers and clearing organizations | 3,234,000,000 | 5,242,000,000 |
| Payables to customers and counterparties | 187,270,000,000 | 180,392,000,000 |
| Financial instruments sold, but not yet purchased, at fair value | 140,717,000,000 | 129,019,000,000 |
| Unsecured short-term borrowings, including the current portion of unsecured long-term borrowings (includes $22,116 and $18,403 at fair value as of December 2010 and December 2009, respectively) | 47,842,000,000 | 37,516,000,000 |
| Unsecured long-term borrowings (includes $18,171 and $21,392 at fair value as of December 2010 and December 2009, respectively) | 174,399,000,000 | 185,085,000,000 |
| Other liabilities and accrued expenses (includes $2,972 and $2,054 at fair value as of December 2010 and December 2009, respectively) | 30,011,000,000 | 33,855,000,000 |
| Total liabilities | 833,976,000,000 | 778,228,000,000 |
| Commitments, contingencies and guarantees | ||
| Shareholders' equity | ||
| Preferred stock, par value $0.01 per share; aggregate liquidation preference of $8,100 as of both December 2010 and December 2009 | 6,957,000,000 | 6,957,000,000 |
| Common stock, par value $0.01 per share; 4,000,000,000 shares authorized, 770,949,268 and 753,412,247 shares issued as of December 2010 and December 2009, respectively, and 507,530,772 and 515,113,890 shares outstanding as of December 2010 and December 2009, respectively | 8,000,000 | 8,000,000 |
| Restricted stock units and employee stock options | 7,706,000,000 | 6,245,000,000 |
| Nonvoting common stock, par value $0.01 per share; 200,000,000 shares authorized, no shares issued and outstanding | 0 | 0 |
| Additional paid-in capital | 42,103,000,000 | 39,770,000,000 |
| Retained earnings | 57,163,000,000 | 50,252,000,000 |
| Accumulated other comprehensive loss | (286,000,000) | (362,000,000) |
| Stock held in treasury, at cost | (36,295,000,000) | (32,156,000,000) |
| Total shareholders' equity | 77,356,000,000 | 70,714,000,000 |
| Total liabilities and shareholders' equity | 911,332,000,000 | 848,942,000,000 |
| External Links | |
| GOLDMAN SACHS GROUP INC (GS) Fiscal Year 2010 | |
| 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 |