In millions, except per share items | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A |
Total interest income | 227.5 | 310.1 | 304.0 | 386.1 | 401.2 | 321.3 | 142.2 | 212.4 |
Total interest expense | | | | | | 78.6 | | 190.5 |
Net interest income | 227.5 | 310.1 | 304.0 | 386.1 | 401.2 | 273.7 | 142.2 | 403.0 |
Provision for loan losses | 4.2 | 3.8 | -8.8 | | 53.0 | 168.4 | 83.7 | 11.2 |
Net interest income after provision for loan losses | 223.3 | 306.3 | 312.8 | 386.1 | 348.2 | 105.3 | 58.5 | 391.8 |
Total non-interest income | 1,817.4 | 679.5 | 240.8 | 114.3 | 122.5 | 270.9 | 128.5 | 16.5 |
Equity in earnings | -219.1 | -165.1 | -91.7 | -0.1 | 2.7 | 2.6 | 1.5 | -11.9 |
Pre-tax income before non-recurring items | -331.5 | -456.3 | -463.4 | -257.8 | 149.8 | -11.0 | -70.5 | 702.3 |
Non-recurring items | | -31.4 | -299.8 | | | | | |
Asset impairment | 32.0 | | | | | 5.2 | | |
Pre-tax income | -363.5 | -424.8 | -163.6 | -257.8 | 149.8 | -16.3 | -70.5 | 702.3 |
Income taxes | -14.3 | -16.6 | -7.2 | 0.0 | 412.1 | 376.6 | -84.3 | 0.0 |
Tax rate | 3.9% | 3.9% | 4.4% | 0.0% | 275.2% | | 119.6% | 0.0% |
Minority interest | 24.0 | 22.9 | 6.0 | 11.5 | 5.6 | 15.0 | 6.3 | |
Earnings from continuing ops | -327.5 | -371.5 | -137.5 | -271.1 | -280.2 | -399.6 | -165.0 | 702.3 |
Earnings from discontinued ops | | | | -17.5 | 17.2 | 4.2 | 13.8 | |
Net income | -327.5 | -371.5 | -137.5 | -288.6 | -263.0 | -395.5 | -151.2 | 702.3 |
Net margin | -16.0% | -37.7% | -24.8% | -57.7% | -55.9% | -105.1% | -80.9% | 172.0% |
|
Basic EPS | ($1.87) | ($3.79) | ($2.60) | ($4.33) | ($3.14) | ($5.22) | ($2.36) | $11.12 |
Diluted EPS | ($1.86) | ($3.75) | ($2.49) | ($4.13) | ($2.99) | ($4.82) | ($2.14) | $10.01 |
|
Shares outstanding (basic) | 174.9 | 98.0 | 53.0 | 62.6 | 89.3 | 76.6 | 69.9 | 63.1 |
Shares outstanding (diluted) | 176.3 | 99.0 | 55.2 | 65.6 | 93.6 | 82.8 | 77.2 | 70.1 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |