3.
DISCONTINUED OPERATIONS Sale of Nikko Cordial On October 1, 2009 the Company announced the successful completion of the sale of Nikko Cordial Securities to Sumitomo Mitsui Banking Corporation.
The transaction had a total cash value to Citi of 776 billion yen (U. S.  $8.7 billion at an exchange rate of 89.60 yen to U. S.  $1.00 as of September 30, 2009).
The cash value is composed of the purchase price for the transferred business of 545 billion yen, the purchase price for certain Japanese-listed equity securities held by Nikko Cordial Securities of 30 billion yen, and 201 billion yen of excess cash derived through the repayment of outstanding indebtedness to Citi.
After considering the impact of foreign exchange hedges of the proceeds of the transaction, the sale resulted an immaterial gain in 2009.
A total of about 7,800 employees are included in the transaction.
The Nikko Cordial operations had total assets and total liabilities of approximately $24 billion and $16 billion, respectively, at the time of sale, which were reflected in Citi Holdings prior to the sale.
Results for all of the Nikko Cordial businesses sold are reported as Discontinued operations for all periods presented.
Summarized financial information for Discontinued operations, including cash flows, related to the sale of Nikko Cordial is as follows:
## Table 0 ##
Sale of Citigroup’s German Retail Banking Operations On December5, 2008, Citigroup sold its German retail banking operations to Crédit Mutuel for 5.2 billion Euro in cash plus the German retail bank’s operating net earnings accrued in 2008 through the closing.
The sale resulted in an after-tax gain of approximately $3.9 billion, including the after-tax gain on the foreign currency hedge of $383 million recognized during the fourth quarter of 2008.
The sale does not include the corporate and investment banking business or the Germany-based European data center.
The German retail banking operations had total assets and total liabilities as of November30, 2008 of $15.6 billion and $11.8 billion, respectively.
Results for all of the German retail banking businesses sold, as well as the net gain recognized in 2008 from this sale, are reported as Discontinued operations for all periods presented.
Summarized financial information for Discontinued operations, including cash flows, related to the sale of the German retail banking operations is as follows:
## Table 1 ##
BROKERAGE AND ASSET MANAGEMENT Brokerage and Asset Management (BAM), which constituted approximately 6% of Citi Holdings by assets as of December 31, 2009, consists of Citi’s global retail brokerage and asset management businesses.
This segment was substantially affected and reduced in size in 2009 due to the divestitures of Smith Barney (to the Morgan Stanley Smith Barney joint venture (MSSB JV)) and Nikko Cordial Securities.
At December 31, 2009, BAM had approximately $35 billion of assets, which included $26 billion of assets from the 49% interest in the MSSB JV ($13 billion investment and $13 billion in loans associated with the clients of the MSSB JV) and $9 billion of assets from a diverse set of asset management and insurance businesses of which approximately half will be transferred into the LATAM RCB during the first quarter of 2010, as discussed under “Citi Holdings” above.
Morgan Stanley has options to purchase Citi’s remaining stake in the MSSB JV over three years starting in 2012.
The 2009 results include an $11.1 billion gain ($6.7 billion after-tax) on the sale of Smith Barney.
## Table 2 ##
NM Not meaningful 2009 vs.  2008 Revenues, net of interest expense increased 80% versus the prior year mainly driven by the $11.1 billion pretax gain on the sale ($6.7 billion after-tax) on the MSSB JV transaction in the second quarter of 2009 and a $320 million pretax gain on the sale of the managed futures business to the MSSB JV in the third quarter of 2009.
Excluding these gains, revenue decreased primarily due to the absence of Smith Barney from May 2009 onwards and the absence of fourth-quarter revenue of Nikko Asset Management, partially offset by an improvement in marks in Retail Alternative Investments.
Revenues in the prior year include a $347 million pretax gain on sale of CitiStreet and charges related to the settlement of auction rate securities of $393 million pretax.
Operating expenses decreased 64% from the prior year, mainly driven by the absence of Smith Barney and Nikko Asset Management expenses, reengineering efforts and the absence of 2008 one-time expenses ($0.9 billion intangible impairment, $0.2 billion of restructuring and $0.5 billion of writedowns and other charges).
Provisions for loan losses and for benefits and claims decreased 15% mainly reflecting a $50 million decrease in provision for benefits and claims, partially offset by increased reserve builds of $28 million.
Assets decreased 40% versus the prior year, mostly driven by the sales of Nikko Cordial Securities and Nikko Asset Management ($25 billion) and the managed futures business ($1.4 billion), partially offset by increased Smith Barney assets of $4 billion.2008 vs.  2007 Revenues, net of interest expense decreased 21% from the prior year primarily due to lower transactional and investment revenues in Smith Barney, lower revenues in Nikko Asset Management and higher markdowns in Retail Alternative Investments.
Operating expenses increased 16% versus the prior year, mainly driven by a $0.9 billion intangible impairment in Nikko Asset Management in the fourth quarter of 2008, $0.2 billion of restructuring charges and $0.5 billion of write-downs and other charges.
Provisions for loan losses and for benefits and claims increased $65 million compared to the prior year, mainly due to a $52 million increase in provisions for benefits and claims.
Assets increased 4% versus the prior year.
SPECIAL ASSET POOL Special Asset Pool (SAP), which constituted approximately 28% of Citi Holdings by assets as of December 31, 2009, is a portfolio of securities, loans and other assets that Citigroup intends to actively reduce over time through asset sales and portfolio run-off.
At December 31, 2009, SAP had $154 billion of assets.
SAP assets have declined by $197 billion or 56% from peak levels in 2007 reflecting cumulative write-downs, asset sales and portfolio run-off.
Assets have been reduced by $87 billion from year-ago levels.
Approximately 60% of SAP assets are now accounted for on an accrual basis, which has helped reduce income volatility.

<table><tr><td>In millions of dollars</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>Total revenues, net of interest expense</td><td>$646</td><td>$1,194</td><td>$1,195</td></tr><tr><td>Income (loss) from discontinued operations</td><td>$-623</td><td>$-694</td><td>$128</td></tr><tr><td>Gain on sale</td><td>97</td><td>—</td><td>—</td></tr><tr><td>Provision (benefit) for income taxes</td><td>-78</td><td>-286</td><td>48</td></tr><tr><td>Income (loss) from discontinued</td><td></td><td></td><td></td></tr><tr><td>operations, net of taxes</td><td>$-448</td><td>$-408</td><td>$80</td></tr><tr><td>In millions of dollars</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>Cash flows from operating activities</td><td>$13,867</td><td>$-2,853</td><td>$11,169</td></tr><tr><td>Cash flows from investing activities</td><td>-20,115</td><td>-3,306</td><td>-13,865</td></tr><tr><td>Cash flows from financing activities</td><td>6,233</td><td>6,179</td><td>2,710</td></tr><tr><td>Net cash provided by (used in)</td><td></td><td></td><td></td></tr><tr><td>discontinued operations</td><td>$-15</td><td>$20</td><td>$14</td></tr></table>
<table><tr><td>In millions of dollars</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>Total revenues, net of interest expense</td><td>$87</td><td>$6,592</td><td>$2,212</td></tr><tr><td>Income from discontinued operations</td><td>$-22</td><td>$1,438</td><td>$652</td></tr><tr><td>Gain on sale</td><td>-41</td><td>3,695</td><td>—</td></tr><tr><td>Provision for income taxes</td><td>-42</td><td>426</td><td>214</td></tr><tr><td>Income from discontinued</td><td></td><td></td><td></td></tr><tr><td>operations, net of taxes</td><td>$-21</td><td>$4,707</td><td>$438</td></tr><tr><td>In millions of dollars</td><td>2009</td><td>2008</td><td>2007</td></tr><tr><td>Cash flows from operating activities</td><td>$5</td><td>$-4,719</td><td>$2,227</td></tr><tr><td>Cash flows from investing activities</td><td>1</td><td>18,547</td><td>-1,906</td></tr><tr><td>Cash flows from financing activities</td><td>-6</td><td>-14,226</td><td>-213</td></tr><tr><td>Net cash provided by (used in)</td><td></td><td></td><td></td></tr><tr><td>discontinued operations</td><td>$—</td><td>$-398</td><td>$108</td></tr></table>
<table><tr><td>In millions of dollars</td><td>2009</td><td>2008</td><td>2007</td><td>% Change 2009 vs. 2008</td><td>% Change 2008 vs. 2007</td></tr><tr><td>Net interest revenue</td><td>$432</td><td>$1,224</td><td>$908</td><td>-65%</td><td>35%</td></tr><tr><td>Non-interest revenue</td><td>14,703</td><td>7,199</td><td>9,751</td><td>NM</td><td>-26</td></tr><tr><td>Total revenues, net of interest expense</td><td>$15,135</td><td>$8,423</td><td>$10,659</td><td>80%</td><td>-21%</td></tr><tr><td>Total operating expenses</td><td>$3,350</td><td>$9,236</td><td>$7,960</td><td>-64%</td><td>16%</td></tr><tr><td>Net credit losses</td><td>$3</td><td>$10</td><td>$—</td><td>-70%</td><td>—</td></tr><tr><td>Credit reserve build/(release)</td><td>36</td><td>8</td><td>4</td><td>NM</td><td>100%</td></tr><tr><td>Provision for unfunded lending commitments</td><td>-5</td><td>—</td><td>—</td><td>—</td><td>—</td></tr><tr><td>Provision for benefits and claims</td><td>$155</td><td>$205</td><td>$154</td><td>-24%</td><td>33%</td></tr><tr><td>Provisions for loan losses and for benefits and claims</td><td>$189</td><td>$223</td><td>$158</td><td>-15%</td><td>41%</td></tr><tr><td>Income (loss) from continuing operations before taxes</td><td>$11,596</td><td>$-1,036</td><td>$2,541</td><td>NM</td><td>NM</td></tr><tr><td>Income taxes (benefits)</td><td>4,489</td><td>-272</td><td>834</td><td>NM</td><td>NM</td></tr><tr><td>Income (loss) from continuing operations</td><td>$7,107</td><td>$-764</td><td>$1,707</td><td>NM</td><td>NM</td></tr><tr><td>Net income (loss) attributable to noncontrolling interests</td><td>12</td><td>-179</td><td>35</td><td>NM</td><td>NM</td></tr><tr><td>Net income (loss)</td><td>$7,095</td><td>$-585</td><td>$1,672</td><td>NM</td><td>NM</td></tr><tr><td>EOP assets(in billions of dollars)</td><td>$35</td><td>$58</td><td>$56</td><td>-40%</td><td>4%</td></tr><tr><td>EOP deposits(in billions of dollars)</td><td>60</td><td>58</td><td>46</td><td>3</td><td>26</td></tr></table>

Question: What is the ratio of Cash flows from operating activities in Table 0 to the Income from discontinued operations in Table 1 in 2007?