Bank of America 2011 Annual Report Download - page 267

Bank of America 2011 265
The following tables present a reconciliation of the six business segments’ total revenue, net of interest expense, on a FTE basis,
and net income (loss) to the Consolidated Statement of Income, and total assets to the Consolidated Balance Sheet. The adjustments
presented in the following tables include consolidated income, expense and asset amounts not specifically allocated to individual
business segments.
Business Segment Reconciliations
(Dollars in millions)
Segments’ total revenue, net of interest expense (FTE basis)
Adjustments:
ALM activities
Equity investment income
Liquidating businesses
FTE basis adjustment
Managed securitization impact to total revenue, net of interest expense
Other
Consolidated revenue, net of interest expense
Segments’ net income (loss)
Adjustments, net of taxes:
ALM activities
Equity investment income
Liquidating businesses
Merger and restructuring charges
Other
Consolidated net income (loss)
Segments’ total assets
Adjustments:
ALM activities, including securities portfolio
Equity investments
Liquidating businesses
Elimination of segment excess asset allocations to match liabilities
Other
Consolidated total assets
2011
$ 79,225
7,576
7,037
2,708
(972)
n/a
(2,120)
$ 93,454
$(3,545)
515
4,433
(103)
(402)
548
$ 1,446
2010
$ 101,695
1,899
4,549
5,155
(1,170)
n/a
(1,908)
$ 110,220
$ (3,710)
(2,462)
2,866
718
(1,146)
1,496
$ (2,238)
December 31
2011
$1,948,611
647,569
6,923
29,746
(531,702)
27,899
$2,129,046
2009
$ 115,078
(766)
10,589
6,932
(1,301)
(11,399)
510
$ 119,643
$ 5,097
(6,597)
6,671
412
(1,714)
2,407
$ 6,276
2010
$ 2,054,652
601,307
34,185
43,288
(476,471)
7,948
$ 2,264,909
n/a = not applicable