Jefferies Financial Group Inc
For the period ended Nov 30, 2023. Filed Jan 26, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Jan 26, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Income
| Year Ended November 30, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net earnings | $262,388 | $781,710 | $1,677,376 |
| Other comprehensive loss, net of tax: | |||
| Currency translation adjustments and other (1) | 57,530 | (53,572) | (9,781) |
| Changes in fair value related to instrument-specific credit risk (2) | (77,420) | 49,146 | (82,521) |
| Minimum pension liability adjustments (3) | 2,467 | 3,311 | 9,320 |
| Unrealized gains (losses) on available-for-sale securities | 1,297 | (6,161) | (244) |
| Total other comprehensive loss, net of tax (4) | (16,126) | (7,276) | (83,226) |
| Comprehensive income | 246,262 | 774,434 | 1,594,150 |
| Net earnings (losses) attributable to noncontrolling interests | (14,846) | (2,397) | 3,850 |
| Net losses attributable to redeemable noncontrolling interests | (454) | (1,342) | (826) |
| Preferred stock dividends | 14,616 | 8,281 | 6,949 |
| Comprehensive income attributable to Jefferies Financial Group Inc. common shareholders | $246,946 | $769,892 | $1,584,177 |
(1)Includes income tax benefits (expenses) of approximately $(3.1) million, $15.6 million and $0.6 million during the years ended November 30, 2023, 2022 and 2021, respectively.
(2)The amounts include income tax benefits (expenses) of approximately $29.0 million, $(15.6) million and $26.7 million for the years ended November 30, 2023, 2022 and 2021, respectively. Refer to Note 22, Accumulated Other Comprehensive Income for additional information of fair value changes related to instrument-specific risk, which were reclassified to Principal transactions revenues within the Consolidated Statements of Earnings.
(3)Refer to Note 22, Accumulated Other Comprehensive Income for additional information of pension liability adjustments that were reclassified to Compensation and benefits expenses within the Consolidated Statements of Earnings.
(4)None of the components of other comprehensive income (loss) are attributable to noncontrolling interests, redeemable noncontrolling interest or preferred stock dividends.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.