EXHIBIT 99.3
CREDIT SUISSE FIRST BOSTON (USA), INC. AND SUBSIDIARIES
Unaudited Supplementary Segment Information
(In millions)
Institutional Securities
|
| For the Year Ended December 31, |
| |||||||
|
| 2003 |
| 2002 |
| 2001 |
| |||
|
|
|
|
|
|
|
| |||
Revenues: |
|
|
|
|
|
|
| |||
Principal transactions-net |
| $ | (826 | ) | $ | (1,356 | ) | $ | 1,195 |
|
Investment banking and advisory |
| 1,654 |
| 2,010 |
| 2,505 |
| |||
Commissions |
| 971 |
| 1,091 |
| 825 |
| |||
Interest and dividends |
| 2,342 |
| 2,018 |
| 944 |
| |||
Other |
| 95 |
| 47 |
| 253 |
| |||
Total net revenues |
| 4,236 |
| 3,810 |
| 5,722 |
| |||
Total expenses |
| 3,678 |
| 4,762 |
| 5,780 |
| |||
Income (loss) from continuing operations before provision (benefit) for income taxes, discontinued operations and cumulative effect of a change in accounting principle |
| $ | 558 |
| $ | (952 | ) | $ | (58 | ) |
|
|
|
|
|
|
|
| |||
Segment Assets |
| $ | 239,733 |
| $ | 223,269 |
| $ | 203,617 |
|
Wealth & Asset Management
|
| For the Year Ended December 31, |
| |||||||
|
| 2003 |
| 2002 |
| 2001 |
| |||
|
|
|
|
|
|
|
| |||
Revenues: |
|
|
|
|
|
|
| |||
Principal transactions-net |
| $ | 184 |
| $ | 60 |
| $ | (116 | ) |
Investment banking and advisory |
| 99 |
| 144 |
| 166 |
| |||
Asset Management and Other Fees |
| 322 |
| 414 |
| 671 |
| |||
Interest and dividends |
| 50 |
| 40 |
| 63 |
| |||
Other |
| 106 |
| 495 |
| — |
| |||
Total net revenues |
| 761 |
| 1,153 |
| 784 |
| |||
Total expenses |
| 750 |
| 682 |
| 1,190 |
| |||
Income (loss) from continuing operations before provision (benefit) for income taxes, discontinued operations and cumulative effect of a change in accounting principle |
| $ | 11 |
| $ | 471 |
| $ | (406 | ) |
|
|
|
|
|
|
|
| |||
Segment Assets (1) |
| $ | 1,833 |
| $ | 13,186 |
| $ | 16,448 |
|
(1) Segment assets for the Wealth & Asset Management segment as of December 31, 2002 and 2001 include the assets of the Pershing unit which was sold to The Bank of New York, Inc. on May 1, 2003.
