Lehman shows $885 million of cash, short-term investments at April 2

By Caroline Salls

Pittsburgh, July 30 – Lehman Brothers Holdings, Inc. reported $885 million of cash and short-term investments as of April 2, according to a report filed Thursday with the Securities and Exchange Commission.

In addition, the company said it had $1,145,000,000 in commercial real estate, $181 million of loans and residential real estate, $1,985,000,000 in principal investments and $342 million of derivative receivables and related assets.

Lehman reported $3,653,000,000 in total financial instruments and other inventory positions as of April 2 and $3,121,000,000 in receivables from controlled affiliates and other assets.

The company said $69,625,000,000 was due from affiliates and $14,383,000,000 was due to affiliates.

According to the report, Lehman had $36,912,000,000 in total assets and $237,217,000,000 in total debt as of April 2.

New York-based Lehman Brothers Holdings Inc. was the fourth-largest investment bank in the United States. The company emerged from bankruptcy on March 6, 2012.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.