AMERICAN FINANCIAL GROUP, INC. AFGE Income Statement

American financial group, inc. (AFGE)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'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