-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MipExjGPYMrQwoqDnKrc/+fI0X6zSQCzZmbsQl+rVMf28JgZWVUkFIRBYwDmKI2m bjLvT1qjSxGiFvIGZdEFsQ== 0000200245-02-000006.txt : 20020413 0000200245-02-000006.hdr.sgml : 20020413 ACCESSION NUMBER: 0000200245-02-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20011231 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALOMON SMITH BARNEY HOLDINGS INC CENTRAL INDEX KEY: 0000200245 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 112418067 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04346 FILM NUMBER: 2512423 BUSINESS ADDRESS: STREET 1: 388 GREENWICH ST STREET 2: 28TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 2128166000 MAIL ADDRESS: STREET 1: SEVEN WORLD TRADE CENTER STREET 2: 29TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10048 FORMER COMPANY: FORMER CONFORMED NAME: PHIBRO CORP DATE OF NAME CHANGE: 19820526 FORMER COMPANY: FORMER CONFORMED NAME: SALOMON INC DATE OF NAME CHANGE: 19920703 8-K 1 jan16eefile.txt DEC 31, 2002 FINANCIAL DATA UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 17,2002 SALOMON SMITH BARNEY HOLDINGS INC. (Exact name of registrant as specified in its charter) - --------------------------------------------------------------------------- New York 1-4346 11-2418067 (State or other (Commission (IRS Employer jurisdiction File Number) Identification No.) of incorporation) 388 Greenwich Street, New York, NY 10013 - --------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (212) 816-6000 - --------------------------------------------------------------------------- (Registrant's telephone number, including area code) SALOMON SMITH BARNEY HOLDINGS INC. Current Report on Form 8-K Item 5. Other Events Results of Operations (Unaudited) This report summarizes the results of operations of Salomon Smith Barney Holdings Inc. for the twelve month period ended December 31, 2001 and 2000 and provides certain additional financial information. SALOMON SMITH BARNEY HOLDINGS INC. SELECTED FINANCIAL DATA (Unaudited, dollars in millions) December 31, -------------------- 2001 2000 ---- ---- Total stockholder's equity $ 11,698 $ 11,039 Total assets under fee-based management $478,200 $445,600 Twelve Months Ended December 31, ----------------- 2001 2000 ---- ---- Revenues: Investment Banking $ 3,914 $ 3,592 Commissions 3,619 4,375 Asset management and administration fees 3,278 3,322 Principal transactions 1,783 2,706 Other 543 517 ------ ------ Total noninterest revenues 13,137 14,512 ------ ------ Interest and dividends 14,237 16,260 Interest expense 11,987 14,530 ------ ------ Net interest and dividends 2,250 1,730 ------ ------ Revenues, net of interest expense 15,387 16,242 ------ ------ Noninterest expenses: Compensation and benefits 8,140 8,193 Floor brokerage and other production 697 645 Communications 668 648 Occupancy and equipment 604 568 Advertising and market development 360 477 Professional services 302 332 Other operating and administrative expenses 379 633 Restructuring charge 117 4 ------ ------ Total noninterest expenses 11,267 11,500 ------ ------ Income before income taxes and cumulative effect of change in accounting principle 4,120 4,742 Provision for income taxes 1,492 1,710 ------ ------ Income before cumulative effect of change in accounting principle 2,628 3,032 ------ ------ Cumulative effect of change in accounting principle (net of tax benefit of $1) (1) - ------ ------ Net income $ 2,627 $ 3,032 ======== ======== SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: January 18, 2002 SALOMON SMITH BARNEY HOLDINGS INC. By: /s/Micahel J. Day ------------------------ Michael J. Day Controller -----END PRIVACY-ENHANCED MESSAGE-----