American Express 2014 Annual Report Download - page 69
Download and view the complete annual report
Please find page 69 of the 2014 American Express annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
 |
 |
AMERICAN EXPRESS COMPANY
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
CONSOLIDATED FINANCIAL STATEMENTS PAGE
Consolidated Statements of Income – For the Years Ended December 31, 2014, 2013 and 2012 70
Consolidated Statements of Comprehensive Income – For the Years Ended December 31, 2014, 2013 and 2012 71
Consolidated Balance Sheets – December 31, 2014 and 2013 72
Consolidated Statements of Cash Flows – For the Years Ended December 31, 2014, 2013 and 2012 73
Consolidated Statements of Shareholders’ Equity – For the Years Ended December 31, 2014, 2013 and 2012 74
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Note 1 – Summary of Significant Accounting Policies 75
Note 2 – Acquisitions and Divestitures 78
Note 3 – Accounts Receivable and Loans 79
Note 4 – Reserves for Losses 84
Note 5 – Investment Securities 86
Note 6 – Asset Securitizations 88
Note 7 – Other Assets 89
Note 8 – Customer Deposits 91
Note 9 – Debt 92
Note 10 – Other Liabilities 95
Note 11 – Stock Plans 95
Note 12 – Retirement Plans 98
Note 13 – Commitments and Contingencies 98
Note 14 – Derivatives and Hedging Activities 100
Note 15 – Fair Values 104
Note 16 – Guarantees 108
Note 17 – Common and Preferred Shares 109
Note 18 – Changes in Accumulated Other Comprehensive (Loss) Income 110
Note 19 – Non-Interest Revenue and Expense Detail 111
Includes further details of:
앫Other Commissions and Fees
앫Other Revenues
앫Marketing, Promotion, Rewards, Card Member Services and Other
앫Other, Net
Note 20 – Restructuring Charges 112
Note 21 – Income Taxes 113
Note 22 – Earnings Per Share 115
Note 23 – Regulatory Matters and Capital Adequacy 116
Note 24 – Significant Credit Concentrations 117
Note 25 – Reportable Operating Segments and Geographic Operations 118
Note 26 – Parent Company 121
Note 27 – Quarterly Financial Data (Unaudited) 123
69