Lehman sees $1.07 billion of cash, short-term investments at March 31

By Caroline Salls

Pittsburgh, July 30 - Lehman Brothers Holdings, Inc. reported $1,069,000,000 of cash and short-term investments as of March 31, according to a report filed Tuesday with the Securities and Exchange Commission.

In addition, the company said it had $3,904,000,000 of commercial real estate, $304 million of loans and residential real estate, $2,307,000,000 of principal investments and $25 million of derivative receivables and related assets.

Lehman reported $6,539,000,000 of total financial instruments and other inventory positions as of March 31 and $1,938,000,000 in receivables from controlled affiliates and other assets.

The company said $13,115,000,000 was due from affiliates and $22,152,000,000 was due to affiliates.

According to the report, Lehman had negative $12,494,000,000 in total assets and $23,281,000,000 of total debt at March 31.

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.

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