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Thursday, February 28, 2013 4:29:44 PM
Full-Year and Fourth Quarter 2012 Financial Results
? Full-year 2012 net income and comprehensive income totaled $11.0 billion and $16.0 billion, respectively
? Fourth quarter 2012 net income and comprehensive income totaled $4.5 billion and $5.7 billion, respectively
? No additional Treasury draw required for the fourth quarter of 2012; based on net worth of $8.8 billion at December 31, 2012, the company’s dividend obligation to Treasury will be $5.8 billion in March 2013
? Paid $7.2 billion to taxpayers through dividends in 2012, bringing the cumulative total paid since conservatorship to $23.8 billion – or 33 percent of the company’s cumulative draws
McLean, VA — Freddie Mac (OTCQB: FMCC) today reported net income of $4.5 billion for the fourth quarter of 2012, compared to net income of $2.9 billion for the third quarter of 2012. The company also reported comprehensive income of $5.7 billion for the fourth quarter of 2012, compared to comprehensive income of $5.6 billion for the third quarter of 2012. For the full-year 2012, Freddie Mac’s net income was $11.0 billion and comprehensive income was $16.0 billion, compared to a net loss of $5.3 billion and a comprehensive loss of $1.2 billion for the full-year 2011.
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