American financial group, inc. (AFG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues:
Premiums Earned, Net, Property and Casualty

5,185

4,865

4,579

4,328

4,224

3,878

3,204

2,847

2,759

2,550

2,412

2,867

Life, accident and health net earned premiums

22

24

22

24

104

108

114

318

430

451

444

435

Net Investment Income

2,303

2,094

1,831

1,696

1,633

1,501

1,346

1,301

1,225

1,191

1,200

1,123

Realized gains (losses) on:
Realized gains (losses) on securities

287

-266

5

19

-19

52

221

210

76

101

43

-426

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

-

-

-

2

-161

0

-4

161

-3

-13

-5

0

Income (loss) of managed investment entities:
Investment income

269

255

210

190

155

116

128

125

105

93

-

0

Gain (loss) on change in fair value of assets/liabilities

-30

-21

12

15

-34

-44

-14

-94

-33

-70

-

0

Other income

201

199

206

224

243

122

108

89

84

194

226

294

Total revenues

8,237

7,150

6,865

6,498

6,145

5,733

5,103

4,957

4,643

4,497

4,320

4,293

Costs and Expenses:
Losses and loss adjustment expenses

3,271

3,003

2,955

2,762

2,695

2,494

2,040

1,873

1,744

1,457

1,187

1,622

Commissions and other underwriting expenses

1,725

1,583

1,407

1,349

1,320

1,172

1,019

887

835

787

792

890

Annuity benefits

1,151

998

892

800

732

648

531

541

510

444

435

418

Life, accident and health benefits

36

40

26

33

131

164

160

356

360

368

361

337

Annuity and supplemental insurance acquisition expenses

253

261

173

186

179

193

178

282

195

219

180

177

Interest charges on borrowed money

68

62

85

77

75

74

71

75

74

78

67

70

Expenses of managed investment entities

220

211

181

151

112

82

89

80

71

55

-

0

Other expenses

405

353

422

353

336

280

326

326

296

395

480

463

Total costs and expenses

7,129

6,511

6,141

5,711

5,580

5,107

4,414

4,420

4,085

3,803

3,502

3,977

Earnings (loss) before income taxes

1,108

639

724

787

565

626

689

537

558

694

818

316

Provision (credit) for income taxes

239

122

247

119

195

220

236

135

239

268

284

116

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

869

517

477

668

370

406

453

402

319

426

534

200

Less: Net earnings (loss) attributable to noncontrolling interests

-28

-13

2

19

18

-46

-18

-86

-23

-56

11

4

Net Income (Loss) Attributable to Parent

897

530

475

649

352

452

471

488

342

482

523

196

Earnings (Loss) Attributable to Shareholders per Common Share:
Basic (USD per share)

9.98

5.95

5.40

7.47

4.02

5.07

5.27

5.18

3.37

4.41

4.52

1.71

Diluted (USD per share)

9.85

5.85

5.28

7.33

3.94

4.97

5.16

5.09

3.32

4.36

4.48

1.67

Average number of Common Shares:
Basic (shares)

89

89

87

86

87

89

89

94

101

109

115

114

Diluted (shares)

91

90

89

88

89

91

91

95

102

110

116

116

Cash dividends per Common Share (USD per share)

-

-

-

-

2.03

1.91

1.80

0.97

0.66

0.57

0.52

0.50

Supplemental disclosure of Realized gains on securities:
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss

306

-247

78

135

106

88

233

236

128

163

246

-24

Losses on securities with impairment

19

19

74

115

125

36

14

27

31

50

373

402

Non-credit portion recognized in other comprehensive income (loss)

0

0

-1

1

0

0

-2

-1

21

12

-170

0

Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net, Available-for-sale Securities

19

19

73

116

125

36

12

26

52

62

203

402

Marketable Securities, Realized Gain (Loss)

287

-266

5

19

-19

52

221

210

76

101

43

-426