Question: A proforma income statement for Citigroup, using a minimum of 3 year projections. This requires citi groups latest 10-k annual report. The question for this
oo Verizon LTE * 94%- 8:14 AM citigroup.com CONSOLIDATED STATEMENT OF INCOME Years ended December 31 Intcrest revenu Intcrest expemse Net interest revenue 57,615 S 12.511 45,104 S 18521 S 7,588 58.551 11,921 11.,848 Principal tranoactions Administration and other fidaciary fee Realized gains on sales of imvestments, net ,364 682 cr-than-lempoeary impairment losses on investments Gross impairment losses Less: Impairments recognized in AOCI (620) 265 losses recogniized in camings 36 S Other revene Total non-interest revenues Total revenues, net of interest espense 5.958 29,724 2137 24,771 S 69,875 S eredit losses and Provision for loan losses Policyholder bencfits and claims Provision (relcase) for unfunded lending commitments Total provisions for eredit losses and for benefits and claims Operating esses Coespensation and benefits Premises and equipment 6749 S 73 6,982 S 7.913 20,970 S 2542 21,769 Advertising and markcting Other operating 1632 ,587 6,581 1,547 10,840 espenses 24,826 Income from continuing operations before income taxes Provision Sor income taxes Income from continulng operations 21477 15,833 Income (loss) from discontinued operations Provision (benetit) foe income taxes Lass from discontinued eperations, met of tases Net income befere attribetion of nonceatrolling interestsS Noncontrolling interests Citigroup's pet iaceme ) $ (83) (58) s 4,975 17,332 Basic earnings per shareh Income from costinuing operations Loss from discontinued eperations, net of taxes 4.74 S (042) (0.02) Weighted average common shares outstanding 129
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