You are here:

Economics/Question about financial report...


Total loans of The bank in first quarter : 100 billions . Second quarter : 110 billions . Third quarter : 111 billions . Fourth quarter : 150 billions . And in annual report , total loans : 130 billions . I am confused , are total loans of the Bank 130 billions or sum of all quarters ?

The way you describe it, it sounds like the the total loans at the end of the year was $130 billion.  Remember that the total amount of loans isn't static, it increases as they lend more, and decrease as loans are repaid.  Each financial report is simply a snapshot, a single point in time, so it would be very unusual if the sum of the quarterly reports was equal to the annual report.


All Answers

Answers by Expert:

Ask Experts


Michael Taillard


Accepts most economic questions


Consulting with major corporations, government agencies, political organizations, small businesses, non-profits, start-ups, and even individual people. Teaching at universities around the world, and developing original coursework. Performing original research and analysis. Writing books and scientific studies.

American Economics Association

Publications You can also check Proquest for a small selection of my research.

PhD (Financial Economics; honors) -- MBA (International Business Finance; honors) -- Grad School Certificate (International Business Management; honors) -- BS (International Business Economics; honors) -- AA (Business Administration; honors) -- Certificate (Chinese Language and Culture) -- Trade School (Transportation Logistics; honors)

©2017 All rights reserved.