local consumer lending local consumer lending ( lcl ) , which constituted approximately 65% ( 65 % ) of citi holdings by assets as of december 31 , 2009 , includes a portion of citigroup 2019s north american mortgage business , retail partner cards , western european cards and retail banking , citifinancial north america , primerica , student loan corporation and other local consumer finance businesses globally .
at december 31 , 2009 , lcl had $ 358 billion of assets ( $ 317 billion in north america ) .
about one-half of the assets in lcl as of december 31 , 2009 consisted of u.s .
mortgages in the company 2019s citimortgage and citifinancial operations .
the north american assets consist of residential mortgage loans , retail partner card loans , student loans , personal loans , auto loans , commercial real estate , and other consumer loans and assets .
in millions of dollars 2009 2008 2007 % (  % ) change 2009 vs .
2008 % (  % ) change 2008 vs .
2007 .

In millions of dollars
2009
2008
2007
% Change 2009 vs. 2008
% Change 2008 vs. 2007
Net interest revenue
$13,709
$17,903
$18,166
(23)%
(1)%
Non-interest revenue
5,473
6,550
8,584
(16)
(24)
Total revenues, net of interest expense
$19,182
$24,453
$26,750
(22)%
(9)%
Total operating expenses
$10,431
$14,973
$11,457
(30)%
31%
Net credit losses
$19,237
$13,151
$6,794
46%
94%
Credit reserve build/(release)
5,904
8,592
5,454
(31)
58
Provision for benefits and claims
1,055
1,191
765
(11)
56
Provision for unfunded lending commitments
3
—
—
—
—
Provisions for loan losses and for benefits and claims
$26,199
$22,934
$13,013
14%
76%
Income (loss) from continuing operations before taxes
$(17,448)
$(13,454)
$2,280
(30)%
NM
Income taxes (benefits)
(7,405)
(5,200)
568
(42)
NM
Income (loss) from continuing operations
$(10,043)
$(8,254)
$1,712
(22)%
NM
Net income attributable to noncontrolling interests
32
12
34
NM
(65)%
Net income (loss)
$(10,075)
$(8,266)
$1,678
(22)%
NM
Average assets(in billions of dollars)
$390
$461
$496
(15)
(7)%
Net credit losses as a percentage of average loans
5.91%
3.56%
1.90%

nm not meaningful 2009 vs .
2008 revenues , net of interest expense decreased 22% ( 22 % ) versus the prior year , mostly due to lower net interest revenue .
net interest revenue was 23% ( 23 % ) lower than the prior year , primarily due to lower balances , de-risking of the portfolio , and spread compression .
net interest revenue as a percentage of average loans decreased 63 basis points from the prior year , primarily due to the impact of higher delinquencies , interest write-offs , loan modification programs , higher fdic charges and card act implementation ( in the latter part of 2009 ) , partially offset by retail partner cards pricing actions .
lcl results will continue to be impacted by the card act .
citi currently estimates that the net impact on lcl revenues for 2010 could be a reduction of approximately $ 50 to $ 150 million .
see also 201cnorth america regional consumer banking 201d and 201cmanaging global risk 2014credit risk 201d for additional information on the impact of the card act to citi 2019s credit card businesses .
average loans decreased 12% ( 12 % ) , with north america down 11% ( 11 % ) and international down 19% ( 19 % ) .
non-interest revenue decreased $ 1.1 billion mostly driven by the impact of higher credit losses flowing through the securitization trusts .
operating expenses declined 30% ( 30 % ) from the prior year , due to lower volumes and reductions from expense re-engineering actions , and the impact of goodwill write-offs of $ 3.0 billion in the fourth quarter of 2008 , partially offset by higher other real estate owned and collection costs .
provisions for loan losses and for benefits and claims increased 14% ( 14 % ) versus the prior year reflecting an increase in net credit losses of $ 6.1 billion , partially offset by lower reserve builds of $ 2.7 billion .
higher net credit losses were primarily driven by higher losses of $ 3.6 billion in residential real estate lending , $ 1.0 billion in retail partner cards , and $ 0.7 billion in international .
assets decreased $ 58 billion versus the prior year , primarily driven by lower originations , wind-down of specific businesses , asset sales , divestitures , write-offs and higher loan loss reserve balances .
key divestitures in 2009 included the fi credit card business , italy consumer finance , diners europe , portugal cards , norway consumer , and diners club north america .
2008 vs .
2007 revenues , net of interest expense decreased 9% ( 9 % ) versus the prior year , mostly due to lower non-interest revenue .
net interest revenue declined 1% ( 1 % ) versus the prior year .
average loans increased 3% ( 3 % ) ; however , revenues declined , driven by lower balances , de-risking of the portfolio , and spread compression .
non-interest revenue decreased $ 2 billion , primarily due to the impact of securitization in retail partners cards and the mark-to-market on the mortgage servicing rights asset and related hedge in real estate lending .
operating expenses increased 31% ( 31 % ) , driven by the impact of goodwill write-offs of $ 3.0 billion in the fourth quarter of 2008 and restructuring costs .
excluding one-time expenses , expenses were slightly higher due to increased volumes. .

Question: Analyse this data from a financial earnings document. what percent of total revenues net of interest expense was non-interest revenue in 2009?
Choices:
0.2046
0
-0.28532
19182.28532
0.28532
Correct choice index: 4