高盛Goldman Sachs Group Inc. (GS) 2001年年度报告「NYSE」.pdf

1、One hundred thirty-two years of service.Fourteen Business Principles.One culture.Goldman Sachs.2001 ANNUAL REPORTTABLE OF CONTENTSFinancial Highlights1Letter to Shareholders3Our Core Businesses6Our Business Principles9September 11 Response24Financial Information25Board Members,Officers and Directors

2、76International Advisors and Offices82Shareholder Information83FINANCIAL HIGHLIGHTSAS OF OR FOR YEAR ENDED NOVEMBER($AND SHARE AMOUNTS IN MILLIONS,EXCEPT PER SHARE AMOUNTS)20012000Operating ResultsNet revenues Global capital marketsInvestment banking$3,836$5,371Trading and principal investments6,349

3、6,627Asset management and securities services5,6264,592Total net revenues15,81116,590Pre-tax earnings 3,6965,020Net earnings 2,3103,067Common Share Data Diluted earnings per share(1)$4.26$6.35Average diluted common shares outstanding541.8511.5Dividends declared per share$0.48$0.48Book value per shar

4、e(2)36.3332.18Financial Condition and Other Operating DataTotal assets(3)$312,218$284,410Long-term borrowings31,01631,395Shareholders equity18,23116,530Leverage ratio(4)17.1x17.2xAdjusted leverage ratio(5)13.2x13.1xReturn on tangible shareholders equity(6)17.8%28.9%Selected DataTotal employees 22,67

5、722,627Assets under management$350,718$293,842(1)Diluted earnings per share for the year ended November 2000 exclude a charge of$290 million($180 million after taxes)related to our combination with SLK LLC(SLK).Including this charge,diluted earnings per share were$6.00.(2)Book value per share is bas

6、ed on common shares outstanding,including restricted stock units granted to employees with no future service requirements,of 501.8 million as of November 2001 and 513.7 million as of November 2000.(3)In accordance with Statement of Financial Accounting Standards(SFAS)No.140,total assets as of Novemb