SCH- Qrtrly Rpt - Balance Sheet | Income Statement | Cash Flow
THE CHARLES SCHWAB CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEET
(In thousands, except per share amounts)
(Unaudited)
March 31, December 31,
1999 1998
---- ----
Assets
Cash and cash equivalents $ 1,039,963 $ 1,155,928
Cash and investments required to be segregated under federal or other
regulations (including resale agreements of $6,922,726 in 1999
and $7,608,067 in 1998) 9,073,760 10,242,943
Receivable from brokers, dealers and clearing organizations 494,500 334,334
Receivable from customers - net 11,816,585 9,646,140
Securities owned - at market value 316,656 242,115
Equipment, office facilities and property - net 418,890 396,163
Intangible assets - net 48,852 46,274
Other assets 230,073 200,493
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Total $23,439,279 $22,264,390
=================================================================================================================
Liabilities and Stockholders' Equity
Drafts payable $ 261,732 $ 324,597
Payable to brokers, dealers and clearing organizations 1,499,503 1,422,300
Payable to customers 19,002,023 18,119,622
Accrued expenses and other liabilities 606,009 618,249
Borrowings 351,080 351,000
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Total liabilities 21,720,347 20,835,768
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Stockholders' equity:
Preferred stock - 9,940 shares authorized; $.01 par value
per share; none issued
Common stock - 500,000 shares authorized; $.01 par value per share;
407,423 and 401,883 shares issued and outstanding in 1999 and
1998, respectively* 4,075 4,019
Additional paid-in capital 405,991 213,312
Retained earnings 1,386,533 1,254,953
Unearned ESOP shares (697) (1,088)
Unamortized restricted stock compensation (77,031) (43,882)
Foreign currency translation adjustment 61 1,308
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Total stockholders' equity 1,718,932 1,428,622
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Total $23,439,279 $22,264,390
=================================================================================================================
More Financials:
Mar 1999 Annual Rpt - Balance Sheet | Income Statement | Cash Flow
Nov 1998 Qrtrly Rpt - Balance Sheet | Income Statement | Cash Flow
Aug 1998 Qrtrly Rpt - Balance Sheet | Income Statement | Cash Flow
May 1998 Qrtrly Rpt - Balance Sheet | Income Statement | Cash Flow
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