高盛Goldman Sachs Group Inc. (GS) 2008年年度报告「NYSE」.pdf

1、2008GOLDMAN SACHSannual GOLDMAN SACHS 2008 ANNUAL REPORTFINANCIAL HIGHLIGHTS As of or for the Year Ended November($and share amounts in millions,except per share amounts)2008 2007 2006Operating ResultsNet revenuesInvestment banking$5,185$7,555$5,629Trading and principal investments 9,063 31,226 25,5

2、62Asset management and securities services 7,974 7,206 6,474Total net revenues 22,222 45,987 37,665Pre-tax earnings 2,336 17,604 14,560Net earnings 2,322 11,599 9,537Net earnings applicable to common shareholders 2,041 11,407 9,398Common Share DataDiluted earnings per common share$4.47$24.73$19.69Av

3、erage diluted common shares outstanding 456.2 461.2 477.4Dividends declared and paid per common share$1.40$1.40$1.30Book value per common share(1)98.68 90.43 72.62Tangible book value per common share(2)(3)88.00 78.88 61.47Ending stock price 78.99 226.64 201.60Financial Condition and Other Operating

4、DataTotal assets$884,547$1,119,796$838,201Other secured financings(long-term)17,458 33,300 26,134Unsecured long-term borrowings 168,220 164,174 122,842Total shareholders equity 64,369 42,800 35,786Leverage ratio(4)13.7x 26.2x 23.4xAdjusted leverage ratio(5)8.2x 17.5x 16.1xDebt to equity ratio(6)2.6x

5、 3.8x 3.4xReturn on average common shareholders equity(7)4.9%32.7%32.8%Return on average tangible common shareholders equity(8)5.5%38.2%39.8%Selected DataTotal employees 30,067 30,522 26,467Assets under management(in billions)$779$868$676(1)Book value per common share is based on common shares outst

6、anding,including restricted stock units granted to employees with no future service requirements,of 485.4 million,439.0 million and 450.1 million as of November 2008,November 2007 and November 2006,respectively.(2)Tangible book value per common share is computed by dividing tangible common sharehold