Dollars in Millions |
| empty cell |
2001
|
2000
|
2001
|
2000
|
2001
|
2000
|
Revenue |
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|
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|
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|
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|
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|
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|
Interest on securitization related assets acquired from receiverships |
$ 0 |
$0 |
$10 |
$21 |
$10 |
$21 |
Interest on U.S. Treasury obligations |
34 |
32 |
0 |
0 |
34 |
32 |
Interest on advances and subrogated claims |
0 |
0 |
0 |
2 |
0 |
2 |
Revenue from assets acquired from assisted thrifts and terminated receiverships |
1 |
1 |
7 |
5 |
8 |
6 |
Realized gain on investment in securitization related assets acquired from receiverships |
0 |
0 |
34 |
20 |
34 |
20 |
Limited partnership equity interests and other revenue |
0 |
0 |
2 |
2 |
2 |
2 |
Total Revenue |
35 |
33 |
53 |
50 |
88 |
83 |
Expenses and Losses |
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Operating expenses |
2 |
1 |
15 |
19 |
17 |
20 |
Realized loss on investment in securitization related assets acquired from receiverships |
0 |
0 |
10 |
10 |
10 |
10 |
Provision for losses |
0 |
(8) |
(3) |
(2) |
(3) |
(10) |
Expenses for goodwill settlements and litigation |
0 |
(1) |
0 |
0 |
0 |
(1) |
Expenses for assets acquired from assisted
thrifts and terminated receiverships |
0 |
1 |
1 |
3 |
1 |
4 |
Interest expense on notes payable and other expenses |
1 |
2 |
0 |
3 |
1 |
5 |
Total Expenses and Losses |
3 |
(5) |
23 |
33 |
26 |
28 |
Net Income |
32 |
38 |
30 |
17 |
62 |
55 |
Unrealized loss on available-for-sale securities, net (current period) |
0 |
0 |
39 |
(28) |
39 |
(28) |
Comprehensive Income |
32 |
38 |
69 |
(11) |
101 |
27 |
Accumulated Deficit - Beginning |
(41,738) |
(41,925) |
(82,074) |
(82,694) |
(123,812) |
(124,619) |
Accumulated Deficit - Ending |
$ (41,706) |
$ (41,887) |
$ (82,005) |
$ (82,705) |
$ (123,711) |
$(124,592) |
