• WACHOVIA CORP NEW Income Statement

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    Annual Data | Quarterly Data
    Period Ending FY FY FY FY FY
    Net Sales/Revenues 55.53 B 46.81 B 35.91 B 28.07 B 24.47 B
    Cost of Goods Sold (Excluding Depreciation)
    Depreciation, Depletion and Amortization 1.87 B 1.69 B 1.45 B
    Gross Income
    Selling, General & Admin Expenses
    Other Operating Expense 4.79 B 4.04 B 3.73 B 3.52 B 3.17 B
    Operating Expenses - Total
    Operating Income 9.61 B 12.06 B 10.10 B 8.26 B 6.67 B
    Extraordinary Credit - Pretax 0.00 0.00 0.00 0.00 121.00 M
    Extraordinary Charge - Pretax 265.00 M 179.00 M 292.00 M 447.00 M 458.00 M
    Non-operating Interest Income
    Reserves Inc (Dec) 0.00 0.00 0.00 0.00 0.00
    Pretax Equity in Earnings 0.00 0.00 0.00 0.00 0.00
    Other Income/Expenses - Net 0.00 0.00 0.00 0.00 15.00 M
    Earnings Before Interest & Taxes (EBIT) 17.64 B 16.67 B 11.74 B 8.79 B 7.12 B
    Interest Expenses On Debt 8.29 B 4.78 B 1.93 B 971.00 M 894.00 M
    Interest Capitalized 0.00 0.00 0.00 0.00 0.00
    Pretax Income 9.34 B 11.88 B 9.80 B 7.82 B 6.22 B
    Income Taxes 2.46 B 3.72 B 3.03 B 2.42 B 1.83 B
    Current Domestic Income Tax 2.40 B 2.95 B 2.02 B 3.73 B 1.02 B
    Current Foreign Income Tax 248.00 M 247.00 M 206.00 M 220.00 M 167.00 M
    Deferred Domestic Income Tax -185.00 M 530.00 M 803.00 M -1.53 B 642.00 M
    Deferred Foreign Income Tax
    Income Tax Credits
    Minority Interest 571.00 M 414.00 M 342.00 M 184.00 M 143.00 M
    Equity in Earnings 0.00 0.00 0.00 0.00 0.00
    After Tax Income Expense 0.00 0.00 0.00 0.00 0.00
    Discontinued Operations 0.00 214.00 M 0.00 0.00 0.00
    Net Income Before Extra Items/Preferred Div 6.31 B 7.74 B 6.64 B 5.21 B 4.25 B
    Extra Items & Gain (Loss) Sale of Assets 0.00 46.00 M 0.00 0.00 17.00 M
    Net Income Before Preferred Dividends 6.31 B 7.79 B 6.64 B 5.21 B 4.26 B
    Preferred Dividend Requirements 0.00 0.00 0.00 0.00 5.00 M
    Net Income Available to Common 6.31 B 7.74 B 6.64 B 5.21 B 4.24 B