- •Reading Practice in English for Students of Finance
- •Block 1. Functions of the Financial System and the Financial Markets a. Functions of the Financial System
- •Savings Function
- •Wealth Function
- •Liquidity Function
- •Credit Function
- •Payments Function
- •Policy Function
- •B. The Financial Markets and Financial System
- •Vocabulary Notes
- •Block 2. The Study of Money and Capital Markets
- •A. The Money Market versus the Capital Market
- •B. Divisions of the Money and Capital Markets
- •Vocabulary Notes
- •A. Money and Functions
- •The Medium of Exchange
- •Other Functions of Money
- •B. Central Banking. The Bank and the Money Supply
- •Reserved Requirements
- •C. The Discount Rate
- •D. A Plain Man's Guide to Investment
- •Vocabulary Notes
- •Exercises
- •Block 4. The Central Bank of the Russian Federation
- •Open-market Operations
- •Monetary and Exchange-Rate Policy Central-bank Policy
- •Vocabulare Notes
- •Exercises
- •Block 5. British Banking
- •Overseas Banks
- •Foreign Banks
- •The Merchant Banks
- •The Stock Exchange
- •Vocabulary Notes
- •Block 6. Barclays Bank Account Why a Bank Account Makes Sense
- •A Current Account with Three Options to Choose from
- •The Options in Brief
- •Interest Option
- •Instant Option
- •Bank Charges
- •Your Statement
- •Using Barclays Cheque Book What is a Cheque?
- •How to Pay for Goods and Services by Cheque
- •How to Obtain Cash with a Cheque
- •How to Get a New Cheque Book
- •How to Stop a Cheque
- •If you have used a Barclays cheque guarantee card to issue a cheque, it cannot be stopped. Using your Barclays plastic cards
- •How to pay for goods and services using Barclays connect
- •How to obtain cash using your Barclays connect or Barclaybank card
- •Making regular payments
- •Standing orders
- •1. Dialogue
- •Brokerage services
- •2. Dialogue
- •Governmental controls 3. Dialogue
- •Structure and functions of a bank in the u.S.
- •4. Dialogue
- •Currency and other forms of exchange in the u.S.
- •5. Dialogue
- •Block 8. Financial Reports Consolidated financial report of the large financial holding company
- •1. Consolidated statements of income of Citicorp and subsidiaries
- •Vocabulary Notes
- •2. Consolidated balance sheets of Citicorp and subsidiaries
- •Vocabulary Notes
- •3. Consolidated statement of cash flows of Citicorp and subsidiaries
- •Income taxes
- •4. Financial report of the small enterprise. 'Balance sheet of HiFi Sounds'
- •Vocabulary Notes
- •5. Income Statement of HiFi Sounds
- •Vocabulary Notes
- •Grammar Reference Грамматический справочник Личные формы глагола в предложении.
- •1. Времена глагола в действительном и страдательном залогах. Изъявительное наклонение.
- •Сводная таблица
- •Образование времен в страдательном залоге
- •Перевод сказуемого в страдательном залоге
- •Сводная таблица
- •2. Сослагательное наклонение
- •Формы сослагательного наклонения
- •Употребление сослагательного наклонения
- •3. Модальные глаголы и их эквиваленты
- •Сочетание модальных глаголов с Perfect Infinitive
- •Сочетание модальных глаголов с infinitive passive
- •4. Многофункциональные глаголы Функции глаголов should и would
- •Функции глагола то do в предложении
- •Функции глагола то have в предложении
- •Функции глагола то be в предложении
- •Он, она, оно (о неодушевленных предметах)
- •Указательное местоимение «это»
- •Наиболее употребительные составные союзы и предлоги и сочетания с as
- •What is a bank?
- •Bank Services: Old and New
- •Payments
- •Intermediation
- •Figure 1.2. Bank Goals and Constraints
- •Interest Rate Risk
- •Risk management
- •Importance of capital budgeting
- •Generating ideas for capital projects
- •Oject classifications
- •Increasing importance of financial management
- •The financial manager's responsibilities
Vocabulary Notes
balance sheet - баланс;
cash and due from banks - касса и корреспондентские счета в других банках;
deposits at interest with banks - межбанковские процентные депозиты;
fair value - оценочная стоимость;
available for sale - легкореализуемые;
venture capital - венчурный капитал;
consumer loans - ссуды физическим лицам;
commercial loans - ссуды деловым предприятиям;
loans net of unearned income - ссуды за вычетом наращенных, но не полученных процентов;
allowance for credit losses - скидка на возможные потери по ссудам;
customers' acceptance liability - обязательства клиентов по акцептным кредитам;
interest and fees receivable - проценты и комиссии к получению;
interest-bearing deposits - депозиты, приносящие процентный доход;
non-interest-bearing deposits - депозиты, не приносящие процентный доход;
acceptances outstanding - обязательства по банковским акцептам;
accrued taxes - накопленные налоговые обязательства;
stockholder's equity - акционерный капитал;
common stocks - обыкновенные акции;
surplus - добавочный капитал;
retained earnings - нераспределенная прибыль;
accumulated other changes in equity from nonowner sources -другие накопленные изменения в стоимости капитала, не обусловленные финансовыми операциями с владельцами акций.
3. Consolidated statement of cash flows of Citicorp and subsidiaries
In millions of dollars |
1999 |
1998 |
|
Cash flows from operating activities |
|
|
|
Net income |
5195 |
3096 |
|
Adjustments to reconcile net income to net cash provided by operating activities |
|
|
|
Provision for credit losses |
2837 |
2751 |
|
Depreciation and amortization of premises and equipment |
917 |
817 |
|
Amortization of goodwill and acquisition premium costs |
297 |
257 |
|
Provision (benefit) for deferred taxes |
115 |
(103) |
|
Restructuring-related items and merger-related costs |
154 |
1011 |
|
Venture capital activity |
(863) |
(698) |
|
Net gain on sale of securities |
(332) |
(524) |
|
Changes in accruals and other, net |
(793) |
(4760) |
|
Net decrease (increase) in loans held for sale |
550 |
(1493) |
|
Net decrease (increase) in trading account assets |
2127 |
6689 |
|
Net (decrease) increase in trading account liabilities |
(2742) |
(815) |
|
Total adjustments |
2267 |
3132 |
|
Net cash provided by operating activities |
7462 |
6228 |
|
Cash flows from investing activities |
|
|
|
Net (increase) decrease in deposits at interest with banks |
(452) |
1406 |
|
Securities - available for sale |
|
|
|
Purchases Proceeds from sales |
(58617) 25079 |
(59137) 23570 |
|
Maturities |
28740 |
28980 |
|
Net decrease in federal funds sold and securities sold under repurchase agreements |
840 |
3345 |
|
Net increase in loans Proceeds from sales of loans |
(115743 )87906 |
(167505 ) 146462 |
|
Business acquisitions Capital expenditures on premises and equipment Proceeds from sales of premises and equipment, subsidiaries and affiliates, and other real estate owned Net cash used in investing activities |
(2150) (1114) 1281 |
(3890) (1408) 718 |
|
(34230) |
(27459) |
||
Cash flows from financing activities |
|
|
|
Net increase in deposits |
34578 |
27011 |
|
Net (decrease) increase in federal funds purchased and securities sold under repurchase agreements |
(2445) |
(823) |
|
Net increase (decrease) in commercial paper and funds borrowed |
2027 |
(3764) |
|
Proceeds from issuance of long-term debt |
3909 |
7688 |
|
Repayment of long-term debt |
(4354) |
(6951) |
|
Dividends paid |
(4625) |
(884) |
|
Contribution from Citigroup parent company |
321 |
628 |
|
Redemption of preferred stock Proceeds from issuance of common stock Treasury stock repurchases |
|
(1040) 243 (483) |
|
Net cash provided by financing activities |
29411 21628 |
||