SA-52311E Service Annual Survey

OMB No. 0607-0422: Approval Expires 12/31/2006

2005 Annual Services Report
Service Annual Survey

U.S. DEPARTMENT OF COMMERCE
Economics and Statistics Administration

U.S. CENSUS BUREAU

Investment Banking and Securities Dealing

FORM

SA-52311E

137
523110

SAS_F
T

REPORT DUE

Any questions call 1–800–772–7851
M–F, 8:30 a.m. to 5:00 p.m. EST.
Please correct any error in the name, address, or ZIP Code.

YOUR RESPONSE IS REQUIRED BY LAW
Title 13, U.S. Code, requires businesses and other organizations that receive this questionnaire to answer the
questions and return the report to the Census Bureau.

YOUR RESPONSE IS CONFIDENTIAL BY LAW
Title 13, U.S. Code, requires that your response may be seen only by persons sworn to uphold the confidentiality of Census
Bureau information and may be used only for statistical purposes. The law also provides that copies retained in your files are
immune from legal process.

YOUR RESPONSE IS IMPORTANT
The services industries account for nearly 70 percent of all economic activity. We conduct this survey to obtain timely,
comprehensive and consistent measures needed by policy-makers, businesses, and the public to accurately assess domestic
economic performance.

FORM asr_a_05 (1-13-2006)

USCENSUSBUREAU

Page 2

Annual Services Report
•
•

This report should be completed and returned on or before the due date in the preaddressed envelope provided.
If filing within the required time frame will cause an undue burden and you would like an extension, or if you have any questions, please write to:
U.S. CENSUS BUREAU
1201 East 10th Street
Jeffersonville, IN 47132-0001
or call a Census Bureau Representative at 1–800–772–7851, weekdays from 8:30 a.m. to 5:00 p.m., eastern standard time.

1 Report Coverage
This report covers all domestic locations that report payroll for the Federal Employer Identification Number
(EIN) shown in the address label primarily engaged in underwriting, originating and/or maintaining markets for
issues of securities. Investment bankers act as principals (i.e., investors who buy or sell on their own
account) in firm commitment transactions or act as agents in best effort and standby commitments. Locations
act as principals in buying or selling securities generally on a spread basis, such as securities dealers or
stock option dealers. Examples include bond dealing, securities underwriting, and stock option dealing.

Does the above coverage describe this firm’s business activity?
0001

1
2

Yes – Go to 2
No – Specify the firm’s business activity and complete the report where applicable beginning with 2 .
0002

Federal Employer Identification Number (EIN)

2

Is the Federal Employer Identification Number
Quarterly Federal Tax Return (IRS Form 941)?
0003

1
2

0004
Yes – Go to 3
No – Enter the current EIN. . .

the same as was reported on the firm’s latest Employer’s

–
Month

Year

0005

When did the firm begin reporting payroll under this EIN?. . . . . . .

3 Report Periods
What periods of time will this data represent?
• Report data for the 2005 and 2004 calendar years if possible.
• For locations that were sold or acquired during a year, only report for the periods that this firm operated the locations.
2005
Month

Day

2004
Year

Month

0007
1

2005 and 2004 calendar years – Go to 4

2

Other than calendar years – Enter the periods this report will cover. . . .
0008
(e.g., fiscal years, periods with less than a full calendar
year).
To

0006

FORM asr_b0_05 (10-24-2005)

From

From

To

Day

Year

Page 3

4 Operating Revenue
Report the total operating revenue for this firm’s locations defined in 1 for the following categories.
• Enter "0" where applicable.
• Estimates are acceptable.
Exclude:
• Transfers made within the company.

1. Securities origination products – These products assist the
2005 Operating Revenue
issuers of securities (businesses and governments) in creating
Bil.
Mil.
Thou.
Dol.
their securities, and having them distributed to the investing
2161
public. The service may involve advising the issuer;
purchasing the securities and selling them (underwriting); or
acting as an agent in marketing the securities. . . . . . . . . . . . . . $

$

2. Brokering and dealing products – debt instruments –
Brokering and dealing in debt instruments (e.g., bills, bonds,
2162
notes, CDs, Guaranteed Investment Contracts (GICs),
commercial paper, bankers acceptances, and all other debt
instrument products). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

3. Brokering and dealing products – equities – Brokering and
dealing in equity securities (e.g., common stock, preferred stock,
convertible bonds, warrants, industrial corporations, commercial
corporations, non-financial services corporations, financial
2101
corporations, holding companies, American Depository
Receipts, Estate Contribution Certificates, and all other equity
products). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

4. Brokering and dealing products – derivative contracts –
2102
Brokering and dealing derivative contracts (e.g., forward,
swap, option, credit derivative contracts, over-the-counter, on
exchanges, or any other derivative contracts). . . . . . . . . . . . . . . $

$

5. Brokering and dealing investment company securities – 2163
Brokering and dealing investment company securities (e.g.,
mutual funds, closed-end funds, unit investment trusts). . . . . . . . . $

$

6. Repurchase agreements – net gains (losses) – The sale of
a security to a counterparty for cash with an agreement to
repurchase it at a fixed price on a specified future date. A
reverse repurchase agreement is from the perspective of the
2164
counterparty to a repurchase agreement, i.e., the purchase
of a security from a counterparty for cash with an agreement
to sell it at a fixed price on a specified future date. . . . . . . . . . . . $

$

2165
7. Trading debt instruments on own account – net gains
(losses) – Gains made from buying and selling debt securities,
on own account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

2166
8. Trading equities on own account – net gains (losses) –
Gains made from buying and selling equity securities, on own
account. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

9. Trading derivative contracts on own account – net gains 2103
(losses) – Gains made from buying and selling derivative
contracts, on own account. . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

FORM asr_5231_12__c1_05 (9-28-2005)

2004 Operating Revenue
Bil.
Mil.
Thou.
Dol.

Page 4

4 Operating Revenue – (Continued)
Report the total operating revenue for this firm’s locations defined in 1 for the following categories.
• Enter "0" where applicable.
• Estimates are acceptable.
Exclude:
• Transfers made within this company.

Financial Planning and Investment Management Products
10. Financial planning and investment services for individuals,
businesses and governments

2005 Operating Revenue
Mil.
Thou.
Dol.

2004 Operating Revenue
Bil.
Mil.
Thou.
Dol.

Bil.
a. Financial planning and investment management services
for individuals – Financial planning, advisory, and investment 2104
management services for private individuals. Exclude
corresponding services for trust accounts, report in line 4. . . . . . $

$

b. Financial planning and investment management services 2105
for businesses – Providing financial planning, advisory, and
investment management services for businesses. . . . . . . . . . . . $

$

c. Financial planning and investment management services 2106
for governments – Providing financial planning, advisory, and
investment management services for governments. . . . . . . . . . . $

$

11. All other operating revenue – Revenue not reported in lines
1–10. If this item is greater than 20% of the total operating
revenue, specify the primary source of revenue here
1560

1799

$

$

12. TOTAL OPERATING REVENUE – Sum of lines 1–11. . . . . . . . $

$

1800

5 Source of Brokering and Dealing Equity Revenue
Report the percent of revenue derived from fees and commissions, interest income from trading accounts (including margin
interest), and net gains in trading accounts for brokering and dealing equity revenue reported in 4 line 3.
• Enter "0" where applicable.
• Estimates are acceptable.

Source of Brokering and Dealing
Equity Revenue
2005

2004

2107

1. Fees and commissions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

%

%

%

%

2108

2. Interest income from trading accounts (including margin interest) . . . . . . . . . . . . . . . .
2109

3. Net gains in trading accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . +

%
100%

FORM asr_5231_12_c2d_05 (9-15-2005)

+

%
100%

Page 5

6 Operating Expenses
Report operating expenses for this firm’s locations as defined in 1 for the following categories.
• Enter "0" where applicable.
• Estimates are acceptable.
Exclude:
• Transfers made within the company
• Capitalized expenses
• Interest
• Bad debt
• Impairment
• Income tax

Personnel Costs

2005 Operating Expenses
Mil.
Thou.
Dol.

2004 Operating Expenses
Bil.
Mil.
Thou.
Dol.

Bil.
1. Gross annual payroll – Total annual Medicare salaries and
1821
wages for all employees as reported on your firm’s IRS
Form 941, Employer’s Quarterly Federal Tax Return, line 5(c)
for the four quarters that correspond to the survey period. . . . . . $

$

2. Employer’s cost for fringe benefits – Employer’s cost for
legally required programs and programs not required by law.
Include insurance premiums for hospital plans, medical plans,
and single service plans (e.g., dental, vision, prescription
drugs); premium equivalents for self-insured plans and fees
paid to third-party administrators (TPAs); defined benefit
pension plans; defined contribution plans (e.g., profit sharing,
401K and stock option plans); and other fringe benefits (e.g.,
Social Security, workers’ compensation insurance, un1822
employment tax, state disability insurance programs, life
insurance benefits, Medicare). Do not include employee
contributions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

3. Temporary staff and leased employee expense – Total
1823
costs paid to Professional Employer Organizations (PEOs)
and staffing agencies for personnel. Include all charges for
payroll, benefits, and services. . . . . . . . . . . . . . . . . . . . . . . . $

$

Expensed Materials, Parts and Supplies (not for resale)
4. Expensed equipment – Expensed computer hardware
and other equipment (e.g., copiers, fax machines, telephones,
1824
shop and lab equipment, CPUs and monitors). Report
packaged software in line 6. Report leased and rented
equipment in line 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

5. Expensed purchases of other materials, parts, and
supplies – Materials and supplies used in providing services
1825
to others; materials and parts used in repairs; office and
janitorial supplies; small tools; containers and other packaging
materials; and motor fuels. . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

Expensed Purchased Services
6. Expensed purchases of software – Purchases of prepackaged,
custom coded, or vendor customized software. Include
software developed or customized by others, web-design
services and purchases, licensing agreements, upgrades of 1826
software; and maintenance fees related to software upgrades
and alterations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

7. Purchased electricity and fuels (except motor fuels) – If
1827
the cost of electricity and heating fuels (e.g., natural gas,
propane, oil, coal) are included in lease or rental payments,
report in line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

8. Lease and rental payments – For land, buildings, offices,
structures, machinery, equipment, and other tangible items.
Include lease and rental of transportation equipment without
operators; and penalties incurred for broken leases. Exclude 1828
capital and financing lease agreements and licensing/leasing
of software. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

FORM asr_g1_05 (1-19-2006)

Page 6

6 Operating Expenses – (Continued)
Report operating expenses for this firm’s locations as defined in 1 for the following categories.
• Enter "0" where applicable.
• Estimates are acceptable.
Exclude:
• Transfers made within the company
• Capitalized expenses
• Bad debt
• Impairment
• Income tax

Expensed Purchased Services – (Continued)
9. Purchased repair and maintenance – Include expensed
repair and maintenance to buildings and integral building
components (e.g., elevators, heating and cooling systems),
2005 Operating Expenses
structures, offices, machinery, vehicles, equipment, and
Bil.
Mil.
Thou.
Dol.
computer hardware. Exclude materials, parts, and supplies
1829
used for repair and maintenance performed by this firm’s
employees. Report janitorial and grounds maintenance services
in line 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

2004 Operating Expenses
Bil.
Mil.
Thou.
Dol.

$

1830

10. Purchased advertising and promotional services – Include
marketing and public relations services. . . . . . . . . . . . . . . . . . $

$

Other Operating Expenses
11. Depreciation and amortization charges – Include depreciation
charges taken against tangible assets owned and used by your
firm, tangible assets and improvements owned by your firm
1831
within leaseholds, tangible assets obtained through capital
lease agreements, and amortization charges against intangible
assets (e.g., patents, copyrights). Exclude impairment. . . . . . . . $

$

12. Governmental taxes and license fees – Payments to
government agencies for taxes and licenses. Include business 1832
and property taxes. Exclude income taxes, and sales and excise
taxes collected from customers. . . . . . . . . . . . . . . . . . . . . . . . $

$

2110

13. Operating interest expense – Report non-operating interest
expense in 7 line 1 below. . . . . . . . . . . . . . . . . . . . . . . . . . . $

$

14. All other operating expenses – Report all other operating
expenses not reported above, unless specifically excluded in 1899
the general instructions at the top of the page. Exclude
purchases of merchandise for resale and non-operating expenses. $

$

1900

15. TOTAL OPERATING EXPENSES – Sum of lines 1–14.

...... $

$

7 Non-operating Interest Expense
Report non-operating interest expense for all this firm’s locations as defined in 1 for the following category.
• Enter "0" where applicable.
• Estimates are acceptable.
Exclude:
• Transfers made within the company
2005 Non-operating
2004 Non-operating
• Capitalized interest
Interest Expense
Interest Expense
Bil.
1857
1. Non-operating interest expense – Non-operating interest
expenses incurred in the financing of operations and long lived
assets used in continuing operations. . . . . . . . . . . . . . . . . . . . . $

FORM asr_523_g2_05 (10-18-2005)

Mil.

Thou.

Dol.

Bil.

$

Mil.

Thou.

Dol.

Page 7

8 E-Commerce Revenue
E-commerce includes sales and receipts from any transaction completed over an Internet, extranet, EDI network,
electronic mail or other online system. Transactions are agreements between buyers and sellers to transfer ownership
of, or rights to use, goods or services. Payment for these goods and services may or may not be made online.
Include:
• Revenue from online orders for goods or services placed by a buyer.
• Commissions or fees from trading of securities or the sale of other financial products online (insurance, loans, etc.).
• Commissions or fees from selling or facilitating the sale of third party products through your company’s website.
• Commissions or fees from use of computerized reservation systems, financial transaction processing systems, etc.
• Revenue from orders or contracts negotiated online with a buyer and seller on the price and terms for
transferring ownership or the rights to use goods or services.
• Revenue from telephone transactions using interactive voice response systems.
Exclude:
• Online billings where the order or contract was not negotiated online.
• Delivery of services online where the order or contract was not negotiated online.
• Provision of telecommunications systems and related infrastructure systems where the order or contract for such services was
not negotiated online.
• Orders for goods or services placed by fax or over switched telephone network.
• Online advertising.
2005 E-Commerce Revenue
Bil.
Mil.
Thou.
Dol.

Did the revenue reported in 4 include any
e-commerce revenue?
1
0011
2

2004 E-Commerce Revenue
Bil.
Mil.
Thou.
Dol.

2000

Yes – What was this firm’s e-commerce revenue? . . . . . $. . . . . . .
No – Go to 9

$
Month

Year

0010

When did this firm begin e-commerce sales?. . . . . . . . . . . . . . . .

9 Export Revenue
An exported service is a service performed for a customer or client (individual, government, business establishment, etc.) located
outside the United States (i.e., outside the 50 States, District of Columbia, U.S. Commonwealth Territories, or U.S. possessions).
Include:
• Revenue from the sale of personal, business, or mainframe computer software to clients and customers located outside the
United States.
• Services performed for unaffiliated and affiliated foreign firms (i.e., foreign parent firms, subsidiaries, branches, etc.).
Exclude:
• Services provided to domestic subsidiaries of foreign firms.
Did the revenue reported in 4 include any revenue
from exports?
1
0009
2

Yes – What was this firm’s revenue from exports?
No – Go to 11

10 Not Applicable

FORM asr_ef_05 (10-12-2005)

Bil.

2005 Export Revenue
Mil.
Thou.
Dol.

Bil.

2100

. . . . $. . . . . . .

$

2004 Export Revenue
Mil.
Thou.
Dol.

Page 8

11 Ownership or Control
Does another firm own more than 50 percent of the voting stock or have the power to control the management and
policies of this company?
0014

0013

1
2

Name of owning or controlling company

Yes – Provide this firm’s information. . . . .
0015
No – Go to 12

–

EIN
Street address

City, State, ZIP Code

12 Acquisitions or Mergers
Did this company acquire or merge with another firm in 2005 or 2004?

Month

Year

0018
1

Yes – Provide the date of the merger or acquisition and the firm’s information. . . . . . . . . . .
(for multiple mergers, provide each firm’s information as an attachment to this report)

2

No – Go to 13

0016

0017 Name of company acquired or merged with

0019

–

EIN
Street address

City, State, ZIP Code

13 Remarks –

Please provide an explanation for any inconsistent or incomplete data that would aid in understanding this report.
For any separate correspondence pertaining to this report, please include the identification number shown in the
address label area at the top of the first page.

0027

14 Certification – This report is substantially accurate and has been prepared in accordance with the instructions.
0020 Name of person completing this report – Please print

0024 Title

0025 Date

0021 Address (Street address, City, State, ZIP Code)

0022 Telephone number
Area code
Number

Return Completed form to:
U.S. CENSUS BUREAU
1201 East 10th Street
Jeffersonville, IN 47132-0001
or fax to: 1–800–447–4613

Extension

0023 Fax number
Area code
Number

0026 E-mail address
Extension

Public reporting burden for this collection of information is estimated to average 4.0 hours per response, including the time for
reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and
reviewing the collection of information. Send comments regarding this burden estimate or any other aspect of this collection of
information, including suggestions for reducing this burden, to: Paperwork Project 0607-0422, U.S. Census Bureau, 4700
Silver Hill Road, Stop 1500, Washington, DC 20233-1500. You may e-mail comments to [email protected]; use
"Paperwork Project 0607-0422" as the subject. Please include form name and number in all correspondence. Respondents
are not required to respond to any information collection unless it displays a valid approval number from the Office of
Management and Budget. This 8-digit number appears in the top right corner on the front of this form.

To see aggregate industry results of previous Service Annual Surveys, go to the following website: www.census.gov/econ/www/servmenu.html
FORM asr_z_05 (1-11-2006)

2005 Annual Services Report
Instructions for Securities, Commodity Contracts,
and Other Financial Investments Firms

U.S. DEPARTMENT OF COMMERCE
Economics and Statistics Administration

U.S. CENSUS BUREAU

General Instructions
•

Report data on an accural basis, except payroll.

•

Dollars should be rounded to the nearest dollar.

Bil.

•

If a figure is $1,030,280,456 it should be reported as

1

Mil.

Thou.

Dol.

030 280 456

Include in revenue:

•

Report gross billings, except where noted elsewhere on the form.

•

Amounts received for work subcontracted to others.

•

Revenue from services performed by domestic locations of FOREIGN parent firms, subsidiaries, branches, etc.

•

Dues and assessments from members and affiliates.

•

Income from investments, sales of company-owned real estate (land and building) or other assets, (except inventory held for
resale), securities, gifts, loans, contributions, or grants.

•

Interest earned from financing leases. Interest earned from sales, rent or lease under capital, finance, or full payout. Also
include interest, dividends, and royalties.

•

Net realized gains as well as (losses) within specified area(s) of activity.

Exclude from revenue:

•

Taxes collected directly from customers or clients and paid directly to a local, state, or federal tax agency.

•

Rents from and revenue of separately operated departments, concessions, etc., which are leased to others.

•

Revenue from customers for carrying or other credit charges.

•

Commissions from vending machine operators.

•

Revenue of foreign subsidiaries (those located outside the U.S., i.e., outside the 50 states, District of Columbia, U.S.
Commonwealth Territories, or U.S. Possessions).

•

Revenue from the sale of used equipment.

Item Specific Instructions
Item 6 – Operating Expenses
Line 1 – Gross annual payroll
Include salaries and wages, commissions, dismissal pay, bonuses, employee contributions to Social Security, income tax
withholding, union dues, group insurance premiums, savings bonds, cash equivalent in-kind, allowances, holiday pay,
vacation pay, sick leave, stock purchase plans, and employee contributions to pension plans. Exclude the cost of leased
employees, employer’s cost for fringe benefits, temporary staff obtained from temporary help services. For unincorporated
businesses, exclude profit or other compensation of proprietors or partners.

Line 14 – All other operating expenses
Include travel and entertainment; postage, shipping or delivery services, warehousing, and storage services; royalties;
security services; janitorial and grounds maintenance services; purchased transportation with operators; and other expenses
not reported elsewhere.
FORM asr_523_w_05 (1-11-2006)

USCENSUSBUREAU