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 assignment is to find projections from 2017-2020 for income statement proforma. Please help using information below.
* 94%- 7:36 AM citigroup.com ..ooo Verizon CONSOLIDATED STATEMENT OF INCOME Citigroup Years ended December 31 2015 2016 nmilions of dollars, except per share amosnty Revenues Intcrest revoe Inicrest expense Net interest revenue Commissions and fees Principal transactions Administration and other fiduciary fees Realized gains on sales of investments, net Other-than-temporary impairment losses on imvestments 57,615 S 12.511 45.104 S 10,521 S 7.585 11.921 46 630 1,848S 3,648 682 Gross impairment losses Less: Impairments rocognized in AOCI 265 Net impaimsent losses recognized in earnings (620) 5 836 S 2.137 1845 5.958 Total non-interest revenues Total revenues, met of interest expense Previsions for credit losses and for bencfits Provision for loan losses Policyholder benefits and claims Provision (releasc) for unfunded lending commitments Total provisions for credit losses and for benefits and claims Operating espen Compensation and benefits Premises and oquipment 24,771 S 6 354 and claims 6,749 204 7,108 s 731 S 6982 3 7.913 20,970 S 542 21,769 s 2878 6,581 Advertising and marketing Other operating Tetal operating expenses Income from continuing operations befere income tases Provision for income taxes Income from continuing operations Discontinsed operations Income (loss) from discontinued operations Provision (benefit) for income taxes Less from discontinurd eperations, net of taxes Net income before attribution of noncontrelling interests 1632 9,587 41416 S 21477 24X26 15,033 17,386 s (83) 5 (80) 5 (22) (58) S 14,975 s 7,332 14912 itigroup's net inceme Basic earnings per share Income from continuing operations Loss from discontinoed operations, net of taxes Net income Weighted average common shares outstanding 4.74 S .0.02) 343 s (0.02) 129 * 94%- 7:36 AM citigroup.com ..ooo Verizon CONSOLIDATED STATEMENT OF INCOME Citigroup Years ended December 31 2015 2016 nmilions of dollars, except per share amosnty Revenues Intcrest revoe Inicrest expense Net interest revenue Commissions and fees Principal transactions Administration and other fiduciary fees Realized gains on sales of investments, net Other-than-temporary impairment losses on imvestments 57,615 S 12.511 45.104 S 10,521 S 7.585 11.921 46 630 1,848S 3,648 682 Gross impairment losses Less: Impairments rocognized in AOCI 265 Net impaimsent losses recognized in earnings (620) 5 836 S 2.137 1845 5.958 Total non-interest revenues Total revenues, met of interest expense Previsions for credit losses and for bencfits Provision for loan losses Policyholder benefits and claims Provision (releasc) for unfunded lending commitments Total provisions for credit losses and for benefits and claims Operating espen Compensation and benefits Premises and oquipment 24,771 S 6 354 and claims 6,749 204 7,108 s 731 S 6982 3 7.913 20,970 S 542 21,769 s 2878 6,581 Advertising and marketing Other operating Tetal operating expenses Income from continuing operations befere income tases Provision for income taxes Income from continuing operations Discontinsed operations Income (loss) from discontinued operations Provision (benefit) for income taxes Less from discontinurd eperations, net of taxes Net income before attribution of noncontrelling interests 1632 9,587 41416 S 21477 24X26 15,033 17,386 s (83) 5 (80) 5 (22) (58) S 14,975 s 7,332 14912 itigroup's net inceme Basic earnings per share Income from continuing operations Loss from discontinoed operations, net of taxes Net income Weighted average common shares outstanding 4.74 S .0.02) 343 s (0.02) 129
