10-QPeriod: Q1 FY2002

CITIGROUP INC Quarterly Report for Q1 Ended Mar 31, 2002

Filed May 14, 2002For Securities:CC-PNC-PR

Summary

Citigroup Inc. filed its quarterly report on Form 10-Q for the period ended March 31, 2002. This filing provides investors with an update on the company's financial performance and position during the first quarter of 2002. The report includes unaudited consolidated financial statements such as the Statement of Income, Statement of Financial Position, Statement of Changes in Stockholders' Equity, and Statement of Cash Flows, along with detailed notes and management's discussion and analysis. Key information for investors will be found within the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the "Quantitative and Qualitative Disclosures About Market Risk" sections. These sections offer insights into the drivers of the company's financial results, its asset and liability management, and its exposure to various market risks, which are crucial for understanding the company's operational performance and strategic positioning in the evolving financial landscape of 2002.

Key Highlights

  • 1The filing is for the quarterly period ended March 31, 2002, providing a snapshot of early 2002 performance.
  • 2Includes unaudited Consolidated Statements of Income, Financial Position, Changes in Stockholders' Equity, and Cash Flows.
  • 3Management's Discussion and Analysis (MD&A) is a significant section detailing operational performance and financial condition.
  • 4Quantitative and Qualitative Disclosures About Market Risk provide insight into how Citigroup manages and is exposed to market fluctuations.
  • 5The report details common stock outstanding as of April 30, 2002, at 5,147,065,889 shares.
  • 6Citigroup has filed all required reports for the preceding 12 months and has been subject to these filing requirements for the past 90 days.

Frequently Asked Questions

The primary purpose of this 10-Q filing is to provide investors with a periodic update on Citigroup Inc.'s financial performance and condition for the first quarter of 2002. It contains unaudited financial statements and management's analysis, allowing investors to assess the company's operational results and financial health during this period.

Details on Citigroup's revenue and expenses for the first quarter of 2002 can be found in the "Consolidated Statement of Income (Unaudited) - Three Months Ended March 31, 2002 and 2001," which is part of the Financial Statements section.

This section provides management's perspective on the company's financial results, liquidity, capital resources, and material trends. It offers a narrative explanation of the financial statements, helping investors understand the factors that affected the company's performance during the quarter and its overall financial condition.

Citigroup addresses market risks in the "Quantitative and Qualitative Disclosures About Market Risk" section. This typically outlines the types of market risks the company faces (such as interest rate risk, foreign exchange risk, and equity price risk) and how it manages these risks, often including information on hedging strategies and the potential impact of adverse market movements.