Print Page     Close Window     

SEC Filings

10-K
AGNC INVESTMENT CORP. filed this Form 10-K on 02/27/2014
Entire Document
 


AMERICAN CAPITAL AGENCY CORP.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(in millions, except per share data)

 
 
For the year ended December 31,
 
2013
 
2012
 
2011
Interest income:
 
 
 
 
 
Interest income
$
2,193

 
$
2,109

 
$
1,109

Interest expense
536

 
512

 
285

Net interest income
1,657

 
1,597

 
824

Other (loss) income, net:
 
 
 
 
 
(Loss) gain on sale of agency securities, net
(1,408
)
 
1,196


473

Gain (loss) on derivative instruments and other securities, net
1,191

 
(1,353
)
 
(447
)
Total other (loss) income, net
(217
)
 
(157
)
 
26

Expenses:
 
 
 
 
 
Management fees
136

 
113

 
55

General and administrative expenses
32

 
31

 
19

Total expenses
168

 
144

 
74

Income before income tax
1,272

 
1,296

 
776

Provision for income tax, net
13

 
19

 
6

Net income
1,259

 
1,277

 
770

Dividend on preferred stock
14

 
10

 

Net income available to common shareholders
$
1,245

 
$
1,267

 
$
770

 
 
 
 
 
 
Net income
$
1,259

 
$
1,277

 
$
770

Other comprehensive (loss) income:
 
 
 
 
 
Unrealized (loss) gain on available-for-sale securities, net
(3,127
)
 
1,039

 
1,029

Unrealized gain (loss) on derivative instruments, net
189

 
205

 
(650
)
Other comprehensive (loss) income
(2,938
)
 
1,244

 
379

Comprehensive (loss) income
(1,679
)
 
2,521

 
1,149

Dividend on preferred stock
14

 
10

 

Comprehensive (loss) income (attributable) available to common shareholders
$
(1,693
)
 
$
2,511

 
$
1,149

 
 
 
 
 
 
Weighted average number of common shares outstanding - basic and diluted
379.1

 
303.9

 
153.3

Net income per common share - basic and diluted
$
3.28

 
$
4.17

 
$
5.02

Comprehensive (loss) income per common share - basic and diluted
$
(4.47
)
 
$
8.26

 
$
7.50

See accompanying notes to consolidated financial statements.

74


© AGNC Investment Corp All Rights Reserved