Citigroup Inc.

Condensed Consolidating Statements of IncomeIn millions of dollarsCitigroupparentcompany CGMHI CFI CCC AssociatesOtherCitigroupsubsidiaries,eliminationsand incomefromdiscontinuedoperationsYear ended December 31, 2009ConsolidatingadjustmentsCitigroupconsolidatedRevenuesDividends from subsidiaries $ 1,049 $ — $ — $ — $ — $ — $(1,049) $ —Interest revenue 299 7,447 1 6,150 7,049 61,839 (6,150) 76,635Interest revenue—intercompany 2,387 2,806 4,132 69 421 (9,746) (69) —Interest expense 9,354 2,585 1,911 86 376 13,495 (86) 27,721Interest expense—intercompany (758) 2,390 823 2,243 1,572 (4,027) (2,243) —Net interest revenue $ (5,910) $ 5,278 $ 1,399 $ 3,890 $5,522 $ 42,625 $(3,890) $48,914Commissions and fees $ — $ 5,945 $ — $ 51 $ 128 $ 9,412 $ (51) $15,485Commissions and fees—intercompany — 741 (6) 134 152 (887) (134) —Principal transactions 359 (267) (1,905) — 2 7,879 — 6,068Principal transactions—intercompany (649) 3,605 224 — (109) (3,071) — —Other income (3,731) 13,586 38 428 584 (659) (428) 9,818Other income—intercompany (3,663) (21) (47) 2 44 3,687 (2) —Total non-interest revenues $ (7,684) $23,589 $(1,696) $ 615 $ 801 $ 16,361 $ (615) $31,371Total revenues, net of interest expense $(12,545) $28,867 $ (297) $ 4,505 $6,323 $ 58,986 $(5,554) $80,285Provisions for credit losses and for benefitsand claims $ — $ 129 $ — $ 3,894 $4,354 $ 35,779 $(3,894) $40,262ExpensesCompensation and benefits $ 101 $ 6,389 $ — $ 523 $ 686 $ 17,811 $ (523) $24,987Compensation and benefits—intercompany 7 470 — 141 141 (618) (141) —Other expense 791 2,739 2 578 735 18,568 (578) 22,835Other expense—intercompany 782 637 4 526 573 (1,996) (526) —Total operating expenses $ 1,681 $10,235 $ 6 $ 1,768 $2,135 $ 33,765 $(1,768) $47,822Income (loss) before taxes and equity inundistributed income of subsidiaries $(14,226) $18,503 $ (303) $(1,157) $ (166) $(10,558) $ 108 $ (7,799)Provision (benefit) for income taxes (7,298) 6,852 (146) (473) (131) (6,010) 473 (6,733)Equity in undistributed income of subsidiaries 5,322 — — — — — (5,322) —Income (loss) from continuing operations $ (1,606) $11,651 $ (157) $ (684) $ (35) $ (4,548) $(5,687) $ (1,066)Income (loss) from discontinued operations,net of taxes — — — — — (445) — (445)Net income (loss) before attribution ofnoncontrolling interests $ (1,606) $11,651 $ (157) $ (684) $ (35) $ (4,993) $(5,687) $ (1,511)Net income (loss) attributable tononcontrolling interests — (18) — — — 113 — 95Net income (loss) after attribution ofnoncontrolling interests $ (1,606) $11,669 $ (157) $ (684) $ (35) $ (5,106) $(5,687) $ (1,606)292