Financial: Financial Services

CIT Group Inc (CIT: NYSE)

$44.45 0.55 | 1.25%
05/17/13 - 04:01 PM ET
Company Income Statement
Dec 2012 Dec 2011 Dec 2010 Dec 2009
Sales 4.01B 4.86B 6.36B 3.98B
Cost of Sales 0.00 0.00 0.00 0.00
Gross Operating Profit 2.50B 2.98B 3.84B -751.30M
Selling, General, and Administrative Expenses n.a. n.a. n.a. n.a.
Research & Development n.a. n.a. n.a. n.a.
Operating Income before D & A (EBITDA) 2.50B 2.98B 3.84B -751.30M
Depreciation & Amortization n.a. n.a. n.a. n.a.
Interest Income n.a. n.a. n.a. n.a.
Other Income - Net n.a. n.a. n.a. n.a.
Special Income / Charges -61.20M 0.00 0.00 3.46B
Total Income Before Interest Expenses (EBIT) 2.44B 2.98B 3.84B 2.71B
Interest Expense 2.90B 2.79B 3.08B 2.66B
Pre-Tax Income -454.80M 190.20M 768.10M 51.20M
Income Taxes 133.80M 158.50M 246.90M -132.10M
Minority Interest 3.70M 5.00M 4.40M -1.00M
Net Income From Continuing Operations -588.60M 31.70M 521.20M 183.30M
Net Income From Discontinued Operations 0.00 0.00 0.00 0.00
Net Income From Total Operations -588.60M 31.70M 521.20M 183.30M
Extraordinary Income/Losses 0.00 0.00 0.00 0.00
Income From Cum. Effect of Acct. Change 0.00 0.00 0.00 0.00
Income From Tax Loss Carryforward 0.00 0.00 0.00 0.00
Other Gains / Losses 0.00 0.00 0.00 0.00
Total Net Income -592.30M 26.70M 516.80M 184.30M
Normalized Income
(Net Income From Continuing Operations,
Ex. Special Income / Charge)		 -527.40M 31.70M 521.20M -3.28B
Preferred Dividends
Net Income Available To Common -588.60M 31.70M 521.20M -4.80M
Basic EPS from Continuing Ops. -2.95 0.13 2.58 -0.01
Basic EPS from Discontinued Ops. 0.00 0.00 0.00 0.00
Basic EPS from Total Operations -2.95 0.13 2.58 -0.01
Basic EPS from Extraordinary Inc. 0.00 0.00 0.00 0.00
Basic EPS from Cum Effect of Accounting Change 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryf'd. 0.00 0.00 0.00 0.00
Basic EPS from Other Gains (Losses) 0.00 0.00 0.00 0.00
Basic EPS, Total -2.95 0.13 2.58 -0.01
Basic Normalized Net Income/Share -2.64 0.13 2.58 n.a.
EPS fr Continuing Ops. -2.95 0.13 2.58 -0.01
EPS fr Discontinued Ops 0.00 0.00 0.00 0.00
EPS fr Total Ops. -2.95 0.13 2.58 -0.01
EPS fr Extraord. Inc. 0.00 0.00 0.00 0.00
EPS fr Cum Effect of Accounting Change 0.00 0.00 0.00 0.00
EPS fr Tax Loss Carfd. 0.00 0.00 0.00 0.00
EPS fr Other Gains (L) 0.00 0.00 0.00 0.00
EPS, Total -2.95 0.13 2.58 -0.01
Diluted Normalized Net Inc/Shr
(Net Income From Continuing Operations,
Ex. Special Income / Charge)		 -2.64 0.13 2.58 n.a.
Dividends Paid per Share 0.00 0.00 0.00 0.00

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