The aggregate changes in the balance of gross unrecognized tax benefits, which excludes interest and penalties, for 2012, 2011, and 2010, is as follows (in millions):
## Table 0 ##
The Company includes interest and penalties related to unrecognized tax benefits within the provision for income taxes.
As of September 29, 2012 and September 24, 2011, the total amount of gross interest and penalties accrued was $401 million and $261 million, respectively, which is classified as non-current liabilities in the Consolidated Balance Sheets.
In connection with tax matters, the Company recognized interest expense in 2012 and 2011 of $140 million and $14 million, respectively, and in 2010 the Company recognized an interest benefit of $43 million.
The Company is subject to taxation and files income tax returns in the U. S.  federal jurisdiction and in many state and foreign jurisdictions.
For U. S.  federal income tax purposes, all years prior to 2004 are closed.
The Internal Revenue Service (the “IRS”) has completed its field audit of the Company’s federal income tax returns for the years 2004 through 2006 and proposed certain adjustments.
The Company has contested certain of these adjustments through the IRS Appeals Office.
The IRS is currently examining the years 2007 through 2009.
In addition, the Company is also subject to audits by state, local and foreign tax authorities.
In major states and major foreign jurisdictions, the years subsequent to 1989 and 2002, respectively, generally remain open and could be subject to examination by the taxing authorities.
Management believes that an adequate provision has been made for any adjustments that may result from tax examinations.
However, the outcome of tax audits cannot be predicted with certainty.
If any issues addressed in the Company’s tax audits are resolved in a manner not consistent with management’s expectations, the Company could be required to adjust its provision for income tax in the period such resolution occurs.
Although timing of the resolution and/or closure of audits is not certain, the Company believes it is reasonably possible that tax audit resolutions could reduce its unrecognized tax benefits by between $120 million and $170 million in the next 12 months.
Note 6 – Shareholders’ Equity and Share-based Compensation Preferred Stock The Company has five million shares of authorized preferred stock, none of which is issued or outstanding.
Under the terms of the Company’s Restated Articles of Incorporation, the Board of Directors is authorized to determine or alter the rights, preferences, privileges and restrictions of the Company’s authorized but unissued shares of preferred stock.
Dividend and Stock Repurchase Program In 2012, the Board of Directors of the Company approved a dividend policy pursuant to which it plans to make, subject to subsequent declaration, quarterly dividends of $2.65 per share.
On July 24, 2012, the Board of Directors declared a dividend of $2.65 per share to shareholders of record as of the close of business on August 13, 2012.
The Company paid $2.5 billion in conjunction with this dividend on August 16, 2012.
No dividends were declared in the first three quarters of 2012 or in 2011 and 2010.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK RISK MANAGEMENT Risks are an inherent part of the Company's business and activities.
Management of these risks is critical to the Company's fiscal soundness and profitability.
Risk management at the Company is a multi-faceted process that requires communication, judgment and knowledge of financial products and markets.
The Company's senior management takes an active role in the risk management process and requires specific administrative and business functions to assist in the identification, assessment, monitoring and control of various risks.
The principal risks involved in the Company's business activities are market, credit, operational, and regulatory and legal.
Market Risk Market risk is the risk of loss to the Company resulting from changes in interest rates and equity prices.
The Company has exposure to market risk primarily through its broker-dealer and banking operations.
The Company's broker-dealer subsidiaries, primarily RJA, trade tax exempt and taxable debt obligations and act as an active market maker in approximately 340 over-the-counter equity securities.
In connection with these activities, the Company maintains inventories in order to ensure availability of securities and to facilitate client transactions.
Additionally, the Company, primarily within its Canadian broker-dealer subsidiary, invests for its own proprietary equity investment account.
The following table represents the fair value of trading instruments associated with the Company's broker-dealer client facilitation, market-making activities and proprietary trading activities:
## Table 1 ##
Changes in value of the Company's trading inventory may result from fluctuations in interest rates, credit ratings of the issuer, equity prices and the correlation among these factors.
The Company manages its trading inventory by product type and has established trading divisions that have responsibility for each product type.
The Company's primary method of controlling risk in its trading inventory is through the establishment and monitoring of limits on the dollar amount of securities positions that can be entered into and other risk-based limits; limits are established both for categories of securities (e. g. , OTC equities, corporate bonds, municipal bonds) and for individual traders.
As of September 30, 2007, the absolute fixed income and equity inventory limits were $1,955,000,000 and $83,600,000, respectively.
The Company's trading activities were well within these limits at September 30, 2007.
Position limits in trading inventory accounts are monitored on a daily basis.
Consolidated position and exposure reports are prepared and distributed to senior management.
Limit violations are carefully monitored.
Management also monitors inventory levels and trading results, as well as inventory aging, pricing, concentration and securities ratings.
For derivatives, primarily interest rate swaps, the Company monitors exposure in its derivatives subsidiary daily based on established limits with respect to a number of factors, including interest rate, spread, ratio, basis, and volatility risk.
These exposures are monitored both on a total portfolio basis and separately for selected maturity periods.
Interest Rate Risk The Company is exposed to interest rate risk as a result of maintaining trading inventories of fixed income instruments and actively manages this risk using hedging techniques that involve swaps, futures, and U. S.  Treasury obligations.
The Company monitors, on a daily basis, the Value-at-Risk (“VaR”) in its institutional Fixed Income trading portfolios (cash instruments and interest rate derivatives).
VaR is an appropriate statistical technique for estimating the potential loss in trading portfolios due to typical adverse market movements over a specified time horizon with a suitable confidence level.
To calculate VaR, the Company uses historical simulation.
This approach assumes that historical changes in market conditions are representative of future changes.
The simulation is based upon daily market data for the previous twelve months.
VaR is reported at a 99% confidence level, based on a one-day time horizon.
This means that the Company could expect to incur losses greater than those predicted by the VaR estimates only once in every 100 trading days, or about 2.5 times a year.
During the fiscal year ended September 30, 2007, the reported daily loss in the institutional Fixed Income trading portfolio exceeded the predicted VaR five times, due in part, to volatile movements in bond prices experienced during the fourth fiscal quarter.
## Table 2 ##
Year ended September 30, 2009 Compared with the Year ended September 30, 2008 - Stock Loan/Borrow A decrease of approximately $431 million, or 45%, in average stock borrow balances from the prior year, combined with lower interest rates, resulted in net interest in this segment declining 38%.
The vast majority of the balances continue to be matched book business on which average spreads declined from 0.65% to 0.41%.
Expenses continue to be closely monitored and were 15% lower than in the prior year.
This was not enough to offset the 38% decline in net revenues and as a result pretax profits declined 48%.
Year ended September 30, 2008 Compared with the Year ended September 30, 2007 - Stock Loan/Borrow Despite an approximately 15% decline in average stock borrow balances from the 2007 fiscal year, net interest in this segment increased 9% in fiscal 2008.
The vast majority of the balances were matched book business with similar asset and liability balances.
Average spreads on the matched book business increased from 0.5% to 0.65% in fiscal 2008, resulting in the increased net interest.
Expenses were lower in fiscal year 2008 than in the prior year resulting in a 41% increase in pretax profits.
Results of Operations - Proprietary Capital The following table presents consolidated financial information for the Propriety Capital segment for the years indicated:
## Table 3 ##

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>2012</td><td>2011</td><td>2010</td></tr><tr><td>Beginning Balance</td><td>$1,375</td><td>$943</td><td>$971</td></tr><tr><td>Increases related to tax positions taken during a prior year</td><td>340</td><td>49</td><td>61</td></tr><tr><td>Decreases related to tax positions taken during a prior year</td><td>-107</td><td>-39</td><td>-224</td></tr><tr><td>Increases related to tax positions taken during the current year</td><td>467</td><td>425</td><td>240</td></tr><tr><td>Decreases related to settlements with taxing authorities</td><td>-3</td><td>0</td><td>-102</td></tr><tr><td>Decreases related to expiration of statute of limitations</td><td>-10</td><td>-3</td><td>-3</td></tr><tr><td>Ending Balance</td><td>$2,062</td><td>$1,375</td><td>$943</td></tr></table>
<table><tr><td></td><td colspan="2">September 30, 2007</td><td colspan="2">September 30, 2006</td></tr><tr><td></td><td>Trading Instruments</td><td>Instruments Sold but Not Yet Purchased</td><td>Trading Instruments</td><td>Instruments Sold but Not Yet Purchased</td></tr><tr><td></td><td colspan="4">(in 000's)</td></tr><tr><td>Marketable:</td><td></td><td></td><td></td><td></td></tr><tr><td>Municipal</td><td>$ 200,024</td><td>$ 54</td><td>$ 192,028</td><td>$ 5</td></tr><tr><td>Corporate</td><td>56,069</td><td>952</td><td>134,431</td><td>968</td></tr><tr><td>Government</td><td>83,322</td><td>45,275</td><td>37,793</td><td>31,636</td></tr><tr><td>Agency</td><td>47,123</td><td>60,829</td><td>68,380</td><td>34,023</td></tr><tr><td>Total Debt Securities</td><td>386,538</td><td>107,110</td><td>432,632</td><td>66,632</td></tr><tr><td>Derivative Contracts</td><td>30,603</td><td>8,445</td><td>20,904</td><td>8,309</td></tr><tr><td>Equity Securities</td><td>46,913</td><td>34,174</td><td>29,532</td><td>19,068</td></tr><tr><td>Other Securities</td><td>3,707</td><td>-</td><td>2,703</td><td>-</td></tr><tr><td>Total</td><td>$ 467,761</td><td>$ 149,729</td><td>$ 485,771</td><td>$ 94,009</td></tr></table>
<table><tr><td></td><td colspan="5">Year Ended</td></tr><tr><td></td><td>September 30, 2009</td><td>% Incr. (Decr.)</td><td>September 30, 2008</td><td>% Incr. (Decr.)</td><td>September 30, 2007</td></tr><tr><td></td><td colspan="5">($ in 000's)</td></tr><tr><td>Interest Income and Expense</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Interest Income</td><td>$ 10,269</td><td>-72%</td><td>$ 36,843</td><td>-46%</td><td>$ 68,685</td></tr><tr><td>Interest Expense</td><td>3,838</td><td>-86%</td><td>26,552</td><td>-55%</td><td>59,276</td></tr><tr><td>Net Interest Income</td><td>6,431</td><td>-38%</td><td>10,291</td><td>9%</td><td>9,409</td></tr><tr><td>Non-Interest Expenses</td><td>2,780</td><td>-15%</td><td>3,257</td><td>-26%</td><td>4,406</td></tr><tr><td>Pre-tax Income</td><td>$ 3,651</td><td>-48%</td><td>$ 7,034</td><td>41%</td><td>$ 5,003</td></tr></table>
<table><tr><td></td><td colspan="5">Year Ended</td></tr><tr><td></td><td>September 30, 2009</td><td>% Incr. (Decr.)</td><td>September 30, 2008</td><td>% Incr. (Decr.)</td><td>September 30, 2007</td></tr><tr><td></td><td colspan="5">($ in 000's)</td></tr><tr><td>Revenues</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Investment Advisory Fees</td><td>$ 1,013</td><td>35%</td><td>$ 749</td><td>-</td><td>$ 746</td></tr><tr><td>Other</td><td>11,729</td><td>-47%</td><td>22,120</td><td>192%</td><td>7,582</td></tr><tr><td>Total Revenues</td><td>12,742</td><td>-44%</td><td>22,869</td><td>175%</td><td>8,328</td></tr><tr><td>Expenses</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Compensation Expense</td><td>2,037</td><td>-45%</td><td>3,682</td><td>61%</td><td>2,287</td></tr><tr><td>Other Expenses</td><td>1,603</td><td>-46%</td><td>2,974</td><td>215%</td><td>944</td></tr><tr><td>Total Expenses</td><td>3,640</td><td>-45%</td><td>6,656</td><td>106%</td><td>3,231</td></tr><tr><td>Minority Interest</td><td>8,067</td><td>-9%</td><td>8,852</td><td>450%</td><td>1,608</td></tr><tr><td>Pre-tax Income</td><td>$ 1,035</td><td>-86%</td><td>$ 7,361</td><td>111%</td><td>$ 3,489</td></tr></table>

Question: What will other expenses reach in 2010 if it continues to grow at its current rate? (in thousand)
Answer: 864.025
Reasoning program: subtract(1603,2974), divide(#0,2974), add(#1,const_1), multiply(#2,1603)