Financial Statements for CIT Group Inc.

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CIT Group Inc. financials

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Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

In Millions of USD (except for per share items)	3 months ending 2013-03-31	3 months ending 2012-12-31	3 months ending 2012-09-30	3 months ending 2012-06-30	3 months ending 2012-03-31
Revenue	-	-	-	-	-
Other Revenue, Total	-	-	-	-	-
Total Revenue	-	-	-	-	-
Cost of Revenue, Total	-	-	-	-	-
Gross Profit	-	-	-	-	-
Selling/General/Admin. Expenses, Total	-	-	-	-	-
Research & Development	-	-	-	-	-
Depreciation/Amortization	-	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	-	-	-	-	-
Other Operating Expenses, Total	-	-	-	-	-
Total Operating Expense	-	-	-	-	-
Operating Income	-	-	-	-	-
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	-	-	-	-	-
Income Before Tax	180.80	251.80	-294.50	-26.30	-374.00
Income After Tax	165.60	207.60	-298.40	-71.70	-414.30
Minority Interest	-3.00	-0.80	-0.80	-1.20	-0.90
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	162.60	206.80	-299.20	-72.90	-415.20
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	162.60	206.80	-299.20	-72.90	-415.20
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	162.60	206.80	-299.20	-72.90	-415.20
Income Available to Common Incl. Extra Items	162.60	206.80	-299.20	-72.90	-415.20
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	-	-	0.00	0.00	0.00
Diluted Weighted Average Shares	201.78	201.14	200.92	200.90	200.81
Diluted EPS Excluding Extraordinary Items	0.81	1.03	-1.49	-0.36	-2.07
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	-	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	0.83	1.06	-1.44	-0.27	-1.97

In Millions of USD (except for per share items)	As of 2013-03-31	As of 2012-12-31	As of 2012-09-30	As of 2012-06-30	As of 2012-03-31
Cash & Equivalents	-	-	-	-	-
Short Term Investments	-	-	-	-	-
Cash and Short Term Investments	-	-	-	-	-
Accounts Receivable - Trade, Net	-	-	-	-	-
Receivables - Other	-	-	-	-	-
Total Receivables, Net	-	-	-	-	-
Total Inventory	-	-	-	-	-
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	-	-	-	-	-
Property/Plant/Equipment, Total - Gross	-	-	-	-	-
Accumulated Depreciation, Total	-	-	-	-	-
Goodwill, Net	345.90	345.90	345.90	345.90	345.90
Intangibles, Net	27.70	31.90	37.30	42.30	50.00
Long Term Investments	-	-	-	-	-
Other Long Term Assets, Total	-	109.70	-	-	-
Total Assets	44,563.40	44,012.00	43,688.10	42,894.20	44,181.60
Accounts Payable	-	366.80	-	-	-
Accrued Expenses	-	440.30	-	-	-
Notes Payable/Short Term Debt	-	-	-	-	-
Current Port. of LT Debt/Capital Leases	-	-	-	-	-
Other Current liabilities, Total	-	185.50	-	-	-
Total Current Liabilities	-	-	-	-	-
Long Term Debt	21,577.00	21,961.80	22,925.50	23,553.50	25,120.60
Capital Lease Obligations	-	-	-	-	-
Total Long Term Debt	21,577.00	21,961.80	22,925.50	23,553.50	25,120.60
Total Debt	21,577.00	21,961.80	22,925.50	23,553.50	25,120.60
Deferred Income Tax	-	-	-	-	-
Minority Interest	7.70	4.70	4.90	4.10	3.10
Other Liabilities, Total	14,484.30	12,486.50	12,648.80	10,942.80	10,590.30
Total Liabilities	36,069.00	35,677.20	35,579.20	34,500.40	35,714.00
Redeemable Preferred Stock, Total	-	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-	-
Common Stock, Total	2.00	2.00	2.00	2.00	2.00
Additional Paid-In Capital	8,514.40	8,501.80	8,491.00	8,481.50	8,471.70
Retained Earnings (Accumulated Deficit)	88.00	-74.60	-281.40	17.80	90.70
Treasury Stock - Common	-26.70	-16.70	-16.70	-16.50	-16.50
Other Equity, Total	-83.30	-77.70	-86.00	-91.00	-80.30
Total Equity	8,494.40	8,334.80	8,108.90	8,393.80	8,467.60
Total Liabilities & Shareholders' Equity	44,563.40	44,012.00	43,688.10	42,894.20	44,181.60
Shares Outs - Common Stock Primary Issue	-	-	-	-	-
Total Common Shares Outstanding	201.25	200.87	200.85	200.84	200.82

In Millions of USD (except for per share items)	As of 2012-12-31	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31
Cash & Equivalents	-	-	-	-
Short Term Investments	-	-	-	-
Cash and Short Term Investments	-	-	-	-
Accounts Receivable - Trade, Net	-	-	-	-
Receivables - Other	-	-	-	-
Total Receivables, Net	-	-	-	-
Total Inventory	-	-	-	-
Prepaid Expenses	-	-	-	-
Other Current Assets, Total	-	-	-	-
Total Current Assets	-	-	-	-
Property/Plant/Equipment, Total - Gross	17,645.80	16,710.00	-	14,624.90
Accumulated Depreciation, Total	-5,234.10	-4,703.60	-	-3,713.00
Goodwill, Net	345.90	345.90	355.50	277.40
Intangibles, Net	31.90	63.60	119.20	225.10
Long Term Investments	-	-	-	373.60
Other Long Term Assets, Total	109.70	110.20	-	-
Total Assets	44,012.00	45,263.40	51,500.60	60,027.40
Accounts Payable	366.80	351.70	-	557.90
Accrued Expenses	440.30	491.70	-	441.20
Notes Payable/Short Term Debt	-	-	-	-
Current Port. of LT Debt/Capital Leases	-	-	-	-
Other Current liabilities, Total	185.50	38.70	-	-264.90
Total Current Liabilities	-	-	-	-
Long Term Debt	21,961.80	26,307.70	34,049.30	43,263.00
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	21,961.80	26,307.70	34,049.30	43,263.00
Total Debt	21,961.80	26,307.70	34,049.30	43,263.00
Deferred Income Tax	-	-	-	-
Minority Interest	4.70	2.50	-2.30	1.40
Other Liabilities, Total	12,486.50	8,987.70	8,524.50	7,420.20
Total Liabilities	35,677.20	36,379.80	42,571.50	51,627.40
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	2.00	2.00	2.00	2.00
Additional Paid-In Capital	8,501.80	8,459.30	8,434.10	8,398.00
Retained Earnings (Accumulated Deficit)	-74.60	517.70	502.90	0.00
Treasury Stock - Common	-16.70	-12.80	-8.80	0.00
Other Equity, Total	-77.70	-82.60	-1.10	0.00
Total Equity	8,334.80	8,883.60	8,929.10	8,400.00
Total Liabilities & Shareholders' Equity	44,012.00	45,263.40	51,500.60	60,027.40
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	200.87	200.66	200.46	200.04

In Millions of USD (except for per share items)	12 months ending 2012-12-31	9 months ending 2012-09-30	6 months ending 2012-06-30	3 months ending 2012-03-31
Net Income/Starting Line	-592.30	-822.10	-517.20	-446.50
Depreciation/Depletion	1,985.90	1,712.80	1,104.50	750.70
Amortization	-	-	-	-
Deferred Taxes	32.70	5.90	-	-
Non-Cash Items	-321.70	-249.90	-210.80	-168.60
Changes in Working Capital	-196.10	-268.30	-65.10	-122.30
Cash from Operating Activities	908.50	378.40	311.40	13.30
Capital Expenditures	-1,776.60	-1,228.00	-807.40	-226.00
Other Investing Cash Flow Items, Total	2,267.50	1,716.20	1,630.70	294.30
Cash from Investing Activities	490.90	488.20	823.30	68.30
Financing Cash Flow Items	3,689.40	2,662.10	1,051.90	665.90
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	-	-	-	-
Issuance (Retirement) of Debt, Net	-6,018.30	-4,722.70	-3,652.90	-1,884.80
Cash from Financing Activities	-2,328.90	-2,060.60	-2,601.00	-1,218.90
Foreign Exchange Effects	-	-	-	-
Net Change in Cash	-929.50	-1,194.00	-1,466.30	-1,137.30
Cash Interest Paid, Supplemental	1,240.00	-	-	-
Cash Taxes Paid, Supplemental	18.40	-7.10	14.10	-5.90

In Millions of USD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Net Income/Starting Line	-592.30	14.80	521.30	184.30
Depreciation/Depletion	1,985.90	751.80	-504.20	1,424.40
Amortization	-	-	-	-
Deferred Taxes	32.70	57.00	108.20	-116.90
Non-Cash Items	-321.70	-392.70	-438.90	-3,302.10
Changes in Working Capital	-196.10	425.10	901.20	3,884.30
Cash from Operating Activities	908.50	856.00	587.60	2,074.00
Capital Expenditures	-1,776.60	-2,136.90	-1,286.90	-3,102.40
Other Investing Cash Flow Items, Total	2,267.50	6,405.00	11,473.60	8,390.00
Cash from Investing Activities	490.90	4,268.10	10,186.70	5,287.60
Financing Cash Flow Items	3,689.40	1,737.00	-523.00	2,458.90
Total Cash Dividends Paid	-	-	-	-91.30
Issuance (Retirement) of Stock, Net	-	-	-	13.10
Issuance (Retirement) of Debt, Net	-6,018.30	-8,945.80	-10,006.40	-7,600.10
Cash from Financing Activities	-2,328.90	-7,208.80	-10,529.40	-5,219.40
Foreign Exchange Effects	-	-	-	-
Net Change in Cash	-929.50	-2,084.70	244.90	2,142.20
Cash Interest Paid, Supplemental	1,240.00	1,939.80	2,688.80	-
Cash Taxes Paid, Supplemental	18.40	94.50	25.60	-124.80