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Profiles of Existing Government Corporations - US Government ...

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c<br />

.<br />

B BORROWING: Nom<br />

221<br />

RBPAYWWT TO Go-: $30,000,000<br />

TOTAL EQUITY: 5664,231,OOO<br />

Go- EQUITY: None<br />

APPROPRIATIONS TO EQUIlY: None<br />

- EQUITY: S664,213,000<br />

coR#)RATION PROFILE<br />

SW<br />

GO- KQUITY LRUT: None spmcified in enabling legislation<br />

TvrAL INTKRxB T KXPIDJSK: 51,269,447,000<br />

I- PAID -: 5304,414,000+<br />

*(Interest paid to the Federal Financing Bank)<br />

IWfKRKST PAID -: 5965,033,OOO<br />

1-T RECEIVED: S1,666,105,000<br />

NVfKS:<br />

a.<br />

b.<br />

C.<br />

d.<br />

12 U.S.C. 355(2) etatae that l vary fadaral raeeN bank has<br />

the powa to buy and eel1 in tha open market any obligation<br />

which la a direct obligation <strong>of</strong>, or fully guarantaad ae to<br />

principal and interest by, any agency <strong>of</strong> the United States.<br />

Calculated am:<br />

Intaroet on insured l tudent loans purchaead $ 664,475.OOO<br />

Warahousing advancoe 545,091,000<br />

Incomo from invoetmente, principally intereet 258.539.004<br />

Total rovanuae<br />

Calculated as:<br />

Intorost on servicing coete S 75,365,OOO<br />

Intarmet axpenso 1,269,447,000<br />

Oparating exponeae 50,409,000<br />

Padoral income taxes 61,439,OOO<br />

Nat daforrad income<br />

Total axponeae -<br />

Calculatad as:<br />

Warahousing advancoe $2,480,898,000<br />

InSUrad etudant lOAn8 purchasad u.49O.OOQ<br />

Total loans i88UAd a5-704h3udl!u<br />

-7<br />

54<br />

-- 1

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