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: 2014 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 23, 2015) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Revenues | |||
| Investment banking | $ 6,464 | 6,004 | 4,941 |
| Investment management | 5,748 | 5,194 | 4,968 |
| Commissions and fees | 3,316 | 3,255 | 3,161 |
| Market making | 8,365 | 9,368 | 11,348 |
| Other principal transactions | 6,588 | 6,993 | 5,865 |
| Total non-interest revenues | 30,481 | 30,814 | 30,283 |
| Interest income | 9,604 | 10,060 | 11,381 |
| Interest expense | 5,557 | 6,668 | 7,501 |
| Net interest income | 4,047 | 3,392 | 3,880 |
| Net revenues, including net interest income | 34,528 | 34,206 | 34,163 |
| Operating expenses | |||
| Compensation and benefits | 12,691 | 12,613 | 12,944 |
| Brokerage, clearing, exchange and distribution fees | 2,501 | 2,341 | 2,208 |
| Market development | 549 | 541 | 509 |
| Communications and technology | 779 | 776 | 782 |
| Depreciation and amortization | 1,337 | 1,322 | 1,738 |
| Occupancy | 827 | 839 | 875 |
| Professional fees | 902 | 930 | 867 |
| Insurance reserves | 176 | 598 | |
| Other expenses | 2,585 | 2,931 | 2,435 |
| Total non-compensation expenses | 9,480 | 9,856 | 10,012 |
| Total operating expenses | 22,171 | 22,469 | 22,956 |
| Pre-tax earnings | 12,357 | 11,737 | 11,207 |
| Provision for taxes | 3,880 | 3,697 | 3,732 |
| Net earnings | 8,477 | 8,040 | 7,475 |
| Preferred stock dividends | 400 | 314 | 183 |
| Net earnings applicable to common shareholders | 8,077 | 7,726 | 7,292 |
| Earnings per common share | |||
| Basic | 17.55 | 16.34 | 14.63 |
| Diluted | 17.07 | 15.46 | 14.13 |
| Average common shares outstanding | |||
| Basic | 458,900 | 471,300 | 496,200 |
| Diluted | 473,200 | 499,600 | 516,100 |
| External Links | |
| GOLDMAN SACHS GROUP INC (GS) Fiscal Year 2014 | |
| 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 |