Citigroup Inc.

ANALYSIS OF CHANGES IN INTEREST REVENUE (1)(2)(3) 2010 vs. 2009 2009 vs. 2008In millions of dollarsIncrease (decrease)due to change in:AveragevolumeAveragerateNetchangeIncrease (decrease)due to change in:Deposits with banks (4) $ (158) $ (68) $ (226) $ 2,129 $ (3,725) $ (1,596)Federal funds sold and securities borrowed orpurchased under agreements to resellIn U.S. offices $ 311 $ (512) $ (201) $ (706) $ (2,390) $ (3,096)In offices outside the U.S. (4) 372 (99) 273 (487) (2,483) (2,970)Total $ 683 $ (611) $ 72 $ (1,193) $ (4,873) $ (6,066)Trading account assets (5)In U.S. offices $ (547) $(2,076) $ (2,623) $ (4,196) $ (1,475) $ (5,671)In offices outside the U.S. (4) 706 (766) (60) (789) (447) (1,236)Total $ 159 $(2,842) $ (2,683) $ (4,985) $ (1,922) $ (6,907)Investments (1)In U.S. offices $ 1,916 $(3,513) $ (1,597) $ 746 $ 1,069 $ 1,815In offices outside the U.S. (4) 827 (1,196) (369) 1,261 (473) 788Total $ 2,743 $(4,709) $ (1,966) $ 2,007 $ 596 $ 2,603Loans (net of unearned income) (6)In U.S. offices $ 3,672 $ 6,353 $10,025 $ (2,672) $ (3,553) $ (6,225)In offices outside the U.S. (4) (1,118) (1,336) (2,454) (4,574) (4,058) (8,632)Total $ 2,554 $ 5,017 $ 7,571 $ (7,246) $ (7,611) $(14,857)Other interest-earning assets $ 19 $ (58) $ (39) $ (1,307) $ (1,694) $ (3,001)Total interest revenue $ 6,000 $(3,271) $ 2,729 $(10,595) $(19,229) $(29,824)(1) The taxable equivalent adjustment is based on the U.S. federal statutory tax rate of 35% and is included in this presentation.(2) Rate/volume variance is allocated based on the percentage relationship of changes in volume and changes in rate to the total net change.(3) Detailed average volume, interest revenue and interest expense exclude discontinued operations. See Note 3 to the Consolidated Financial Statements.(4) Changes in average rates reflect changes in prevailing local interest rates, including inflationary effects and monetary corrections in certain countries.(5) Interest expense on Trading account liabilities of ICG is reported as a reduction of interest revenue. Interest Revenue and interest expense on cash collateral positions are reported in interest on Trading account assetsand Trading account liabilities, respectively.(6) Includes cash-basis loans.AveragevolumeAveragerateNetchange124