WELLS FARGO & COMPANY/MN | 2013 | FY | 3


Parent-Only Statement of Income      
            
      Year ended December 31,
(in millions)  2013  2012  2011
Income       
Dividends from subsidiaries:      
 Bank$ 10,612  11,767  11,546
 Nonbank  33  1,150  140
Interest income from subsidiaries  848  897  914
Other interest income  240  222  242
Other income  484  267  460
  Total income  12,217  14,303  13,302
Expense      
Interest expense:      
 Indebtedness to nonbank subsidiaries  334  287  254
 Short-term borrowings  5  1  1
 Long-term debt  1,546  1,877  2,423
 Other  15  23  8
Noninterest expense  1,175  1,127  77
  Total expense  3,075  3,315  2,763
Income before income tax benefit and      
 equity in undistributed income of subsidiaries  9,142  10,988  10,539
Income tax benefit  (570)  (903)  (584)
Equity in undistributed income of subsidiaries   12,166  7,006  4,746
Net income $ 21,878  18,897  15,869

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