Bank of america annual report 2018 Step 3. Using the information from the financial statements, skim them to find large movements I in specific items year to year. For example, did revenues have a big jump, or a big fall, from one year to the next? Did total or fixed assets grow or fall?" Also, look for suspicious activity. If anything jumps out at you, research what you know about the business to find out why an item is suspicious-looking. For instance, did the company sell off some of its operations during the period you're analyzing? G B D Common size balance sheet (all number as a % of total assets 2018 2017 5,141 628 35.0% 4.3% 4,747 596 32.6% 4.1% 1 2 3 4 Condensed Balance sheet 5 31-Dec 6 (Dollars in million) 2018 2017 7 Assets 8 Cash held at bank subsidiaries: 9 Securities 10 Receivables from subsidiaries: 11 Bank holding companies and related subsidiaries 12 Banks and related subsidiaries 13 Nonbank companies and related subsidiaries 14 Investments in subsiaries: 15 Bank holding companies and related subsidiaries 16 Nonbank companies and related subsidiaries 17 Other assets 18 Total assets 19 Liabilities and shareholders' equity 20 Accrued expense and other liabilities 21 Payables to subsidiaries: 22 Banks and related subsidiaries 23 Nonbank companies and related subsidiaries 24 Long-term debt 5 Total liabilities 6 Shareholders' equity 7 Total liabilities and shareholders' equity 152,905 1040.5% 146,566 1007.0% 195 1.3% 146 1.0% 969 6.6% 4,745 32.6% 293,045 1994.0% 296,506 2037.3% 3,432 23.4% 5,225 35.9% 14,696 100.0% 14,554 100.0% 471,011 3205.0% 473,085 3250.596 8,828 60.1% 10,286 70.7% 349 2.4% 359 2.5% 13,301 90.5% 9,341 64.2% 183,208 1246.7% 185,953 1277.7% 205,686 1399.6% 205,939 1415.0% 265,325 1805.4% 267,146 1835.6% 471,011 3205.0% 473,085 3250.5% Sheet1 Bank of america annual report 2018 Step 3. Using the information from the financial statements, skim them to find large movements I in specific items year to year. For example, did revenues have a big jump, or a big fall, from one year to the next? Did total or fixed assets grow or fall?" Also, look for suspicious activity. If anything jumps out at you, research what you know about the business to find out why an item is suspicious-looking. For instance, did the company sell off some of its operations during the period you're analyzing? G B D Common size balance sheet (all number as a % of total assets 2018 2017 5,141 628 35.0% 4.3% 4,747 596 32.6% 4.1% 1 2 3 4 Condensed Balance sheet 5 31-Dec 6 (Dollars in million) 2018 2017 7 Assets 8 Cash held at bank subsidiaries: 9 Securities 10 Receivables from subsidiaries: 11 Bank holding companies and related subsidiaries 12 Banks and related subsidiaries 13 Nonbank companies and related subsidiaries 14 Investments in subsiaries: 15 Bank holding companies and related subsidiaries 16 Nonbank companies and related subsidiaries 17 Other assets 18 Total assets 19 Liabilities and shareholders' equity 20 Accrued expense and other liabilities 21 Payables to subsidiaries: 22 Banks and related subsidiaries 23 Nonbank companies and related subsidiaries 24 Long-term debt 5 Total liabilities 6 Shareholders' equity 7 Total liabilities and shareholders' equity 152,905 1040.5% 146,566 1007.0% 195 1.3% 146 1.0% 969 6.6% 4,745 32.6% 293,045 1994.0% 296,506 2037.3% 3,432 23.4% 5,225 35.9% 14,696 100.0% 14,554 100.0% 471,011 3205.0% 473,085 3250.596 8,828 60.1% 10,286 70.7% 349 2.4% 359 2.5% 13,301 90.5% 9,341 64.2% 183,208 1246.7% 185,953 1277.7% 205,686 1399.6% 205,939 1415.0% 265,325 1805.4% 267,146 1835.6% 471,011 3205.0% 473,085 3250.5% Sheet1