Schedule I—Condensed Financial Information of Registrant (Parent Company Only) (Tables)

12 Months Ended

Dec. 31, 2017



INTERACTIVE BROKERS GROUP, INC.
(Parent Company Only)
CONDENSED STATEMENTS OF FINANCIAL CONDITION


	December 31,
(in millions, except share amounts)	2017		2016
Assets
Cash and cash equivalents	$	—	$	—
Investments in subsidiaries, equity basis		1,122		964
Other assets		156		297
Total assets	$	1,278	$	1,261
Liabilities and Equity
Liabilities:
Payable to affiliates	$	187	$	285
Accrued expenses and other liabilities		1		2
		188		287
Stockholders' equity:
Common stock, $0.01 par value per share:
Class A – Authorized - 1,000,000,000, Issued - 71,609,049 and 68,119,412 shares, Outstanding – 71,475,755 and 67,984,973 shares as of December 31, 2017 and 2016		1		1
Class B – Authorized, Issued and Outstanding – 100 shares as of December 31, 2017 and 2016		—		—
Additional paid-in capital		832		775
Retained earnings		251		203
Accumulated other comprehensive income, net of income taxes of $1 and $0 as of December 31, 2017 and 2016		9		(2)
Treasury stock, at cost, 133,294 and 134,439 shares as of December 31, 2017 and 2016		(3)		(3)
Total equity		1,090		974
Total liabilities and equity	$	1,278	$	1,261



INTERACTIVE BROKERS GROUP, INC.
(Parent Company Only)
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME


	Year-Ended December 31,
(in millions)	2017		2016		2015
Income (loss) before income from subsidiaries	$	92	$	(1)	$	—
Undistributed gains of subsidiaries, net		147		117		67
Income tax expense		163		32		18
Net income	$	76	$	84	$	49

Net income available for common stockholders	$	76	$	84	$	49
Cumulative translation adjustment, net of tax		11		(4)		(10)
Comprehensive income available for common stockholders	$	87	$	80	$	39



INTERACTIVE BROKERS GROUP, INC.
(Parent Company Only)
CONDENSED STATEMENTS OF CASH FLOWS


	Year-Ended December 31,
(in millions)	2017		2016		2015
Cash flows from operating activities
Net income	$	76	$	84	$	49
Adjustments to reconcile net income to net cash provided by operating activities
Undistributed gains of subsidiaries, net		(147)		(117)		(67)
Deferred income taxes		149		30		13
Gain on remeasurement of Tax Receivable Agreement liability		(93)		—		—
Changes in operating assets and liabilities		(9)		9		9
Net cash (used in) provided by operating activities		(24)		6		4
Cash flows provided by investing activities		56		42		40
Cash flows used in financing activities		(43)		(44)		(34)
Effect of exchange rate changes on cash and cash equivalents		11		(5)		(10)
Net increase (decrease) in cash and cash equivalents		—		(1)		—
Cash and cash equivalents at beginning of period		—		1		1
Cash and cash equivalents at end of period	$	—	$	—	$	1
Supplemental disclosures of cash flow information
Cash paid for interest	$	—	$	—	$	—
Cash paid for taxes, net	$	13	$	(1)	$	—

Non-cash investing activities:
Non-cash distributions from subsidiaries	$	—	$	1	$	—