American Express 2010 Annual Report Download - page 3

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10
$27.8
09080706
$24.8
$27.6
$28.4
$24.5
TOTAL REVENUES
NET OF INTEREST EXPENSE
(in billions)
Various forward-looking statements are made in this Annual Report, which generally include the words “believe,” “expect,” “anticipate,”
“optimistic,” “intend,” “plan,” “aim,” “will,” “should,” “could,” “would,” “likely,” and similar expressions. Certain factors that may aect these forward-
looking statements, including American Express Company’s ability to achieve its goals referred to herein, are discussed on page 63.
(Millions, except per share amounts, percentages and employees) 2010 2009 % INC/(DEC)
TOTAL REVENUES NET OF INTEREST EXPENSE $ 27,819 $ 24,523 13%
INCOME FROM CONTINUING OPERATIONS $ 4,057 $ 2,137 90%
LOSS FROM DISCONTINUED OPERATIONS — $ (7) —
NET INCOME $ 4,057 $ 2,130 90%
RETURN ON AVERAGE EQUITY 27.5% 14.6%
TOTAL ASSETS $ 147,042 $ 125,145 17%
SHAREHOLDERS’ EQUITY $ 16,230 $ 14,406 13%
DILUTED INCOME FROM CONTINUING OPERATIONS
ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 3.35 $ 1.54 #
DILUTED LOSS FROM DISCONTINUED OPERATIONS — — —
DILUTED NET INCOME ATTRIBUTABLE TO
COMMON SHAREHOLDERS $ 3.35 $ 1.54 #
CASH DIVIDENDS DECLARED PER SHARE $ 0.72 $ 0.72 —
BOOK VALUE PER SHARE $ 13.56 $ 12.08 12%
AVERAGE COMMON SHARES OUTSTANDING FOR
DILUTED EARNINGS PER COMMON SHARE 1,195 1,171 2%
COMMON SHARE CASH DIVIDENDS DECLARED $ 867 $ 855 1%
COMMON SHARE REPURCHASES $ 14 — #
NUMBER OF EMPLOYEES 60,500 59,200 2%
# denotes a variance of more than 100%
AMERICAN E XPRESS C OMPANY
CONSOLIDATED FINANCIAL HIGHLIGHTS
10
27.5%
09080706
34.7%
37.3%
22.3%
14.6%
RETURN ON AVERAGE EQUITY
10
$4.1
09080706
$3.7
$4.0
$2.7
$2.1
NET INCOME
(in billions)