01—Abstract
Summary
Summary of the 10-K/A filed March 2, 2016. Cited figures are marked; the original filing is the authoritative source.
This filing is an amendment (10-K/A) to Goldman Sachs Group, Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2015.
The amendment's sole purpose is to correct an error in the XBRL exhibits (Exhibit 101) that was included in the original filing due to a printer error. It does not update or amend any other information within the original 10-K, nor does it reflect events occurring after the original filing date. Investors should refer to the original 10-K filing for the comprehensive financial and operational details of Goldman Sachs for the fiscal year 2015.
As this is an amendment focused on XBRL exhibits, it does not introduce new financial performance data or strategic updates for investors. The core financial information and disclosures remain as presented in the initial Form 10-K. Key aspects for investors would still be the company's financial condition, results of operations, risk factors, and management's discussion and analysis as detailed in the original filing, which this amendment does not alter.
02—Key points
Key Highlights
- This document is an Amendment No. 1 to the Form 10-K for the fiscal year ended December 31, 2015.
- The sole purpose of this amendment is to correct errors in the eXtensible Business Reporting Language (XBRL) exhibits (Exhibit 101) that were incorrectly filed in the original 10-K.
- The amendment does not change or update any other information contained in the original Form 10-K.
- No new financial data or events occurring after the original filing date are disclosed in this amendment.
- Goldman Sachs Group, Inc. is identified as a large accelerated filer.
- The filing lists various incorporated exhibits, including organizational documents, debt indentures, and compensation plans, many of which are incorporated by reference from prior filings.
- The filing confirms that the company is not a shell company.
03—One dollar
04—Financials
Financial Highlights
Figures from 10-K/AFY2015filed March 2, 2016Financial Statements
FY2015 against FY2014
| Line item | FY2015FY2014 | Change |
|---|---|---|
| Interest Expense | $5.39B$5.56B | −3.0% |
| Net Income | $6.08B$8.48B | −28.2% |
| EPS (Basic) | $12.35$17.55 | −29.6% |
| EPS (Diluted) | $12.14$17.07 | −28.9% |
| Shares Outstanding (Basic) | 448.90M458.90M | −2.2% |
| Shares Outstanding (Diluted) | 458.60M473.20M | −3.1% |
05—Questions
Frequently Asked Questions
What is the primary reason for this 10-K/A filing?
This filing is an amendment to correct an error in the XBRL exhibits (Exhibit 101) that were incorrectly included in the original 10-K filing for the fiscal year ended December 31, 2015, due to a financial printer error. It does not contain new financial information or update existing disclosures beyond the XBRL correction.
Should investors review this filing for new financial performance data for fiscal year 2015?
No, this amendment does not contain any new financial performance data or updates to the company's results for fiscal year 2015. The financial information remains as presented in the original Form 10-K filing.
What is the significance of Exhibit 101 mentioned in the filing?
Exhibit 101 contains the financial information from the original 10-K formatted in XBRL (eXtensible Business Reporting Language), which is used for tagging and presenting financial data in a machine-readable format. The error in this exhibit required the filing of this amendment.
Does this amendment provide any insights into Goldman Sachs' strategy or outlook?
No, this amendment is purely technical, addressing an error in the XBRL exhibits. It does not provide any strategic insights, outlook, or commentary on the company's business operations or future prospects.
06—Continue