American National Insurance Co ANAT Income Statement

American national insurance co (ANAT)

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
Premiums
Revenue
2,182	2,228	2,067	-	-	-	-	-	-	-	-
Other policy revenues
305	285	248	306	250	224	210	198	189	185	179
Net investment income
1,077	858	966	860	834	932	1,016	985	968	911	839
Net realized investment gains
37	18	104	46	87	48	124	90	100	79	5
Change in investment credit loss
6	1	13	17	27	6	4	22	9	5	79
Net gains (losses) on equity securities
422	-107	0	0	-	-	-	-	-	-	-
Other income
51	44	37	35	34	36	37	30	25	23	21
Total premiums and other revenues
4,070	3,326	3,411	3,227	3,017	3,050	3,119	2,987	3,023	3,073	2,940
BENEFITS, LOSSES AND EXPENSES
Policyholder benefits
Life
449	417	410	429	386	351	345	340	344	294	297
Annuity
218	290	270	296	230	234	193	156	135	205	249
Claims incurred
Health
109	122	103	132	146	144	139	155	159	184	239
Property and casualty
1,042	1,049	934	883	776	745	746	793	873	923	923
Interest credited to policyholders’ account balances
511	315	415	331	293	353	426	416	405	393	370
Commissions for acquiring and servicing policies
532	564	545	465	425	397	371	364	430	446	457
Other operating expenses
524	497	485	476	501	485	503	455	461	462	476
Change in deferred policy acquisition costs
12	71	81	-1	11	-9	-29	-32	38	40	63
Total benefits, losses and expenses
3,375	3,185	3,082	3,017	2,748	2,721	2,756	2,715	2,771	2,870	2,951
Income (loss) before federal income tax and other items
694	141	328	210	268	328	362	271	251	203	-10
Less: Provision (benefit) for federal income taxes
Current
87	24	49	-15	93	77	73	52	46	58	-14
Deferred
78	-22	-142	93	9	19	34	23	13	-3	-16
Total provision (benefit) for federal income taxes
165	1	-92	77	103	96	108	75	59	55	-31
Income (loss) after federal income tax
528	139	421	132	-	-	-	-	-	144	16
Equity in earnings of unconsolidated affiliates
103	21	86	57	77	14	16	-3	0	-3	-4
Other components of net periodic pension benefit (costs), net of tax
0	0	12	7	-	-	-	-	-	-	-
Income (loss) from discontinued operations, net of tax (see Note 21)
-	-	-	-	-	-	-	-	-	-1	-1
Net income (loss)
631	160	495	182	242	246	270	192	191	143	15
Less: Net loss attributable to noncontrolling interest, net of tax
11	1	1	1	-0	1	3	1	1	-1	-0
Net income (loss) attributable to American National
620	158	493	181	242	245	266	191	190	144	15
Amounts available to American National common stockholders
Earnings (loss) per share
Basic (in usd per share)
23.08	5.91	18.35	6.73	9.04	9.15	9.95	7.15	7.18	5.43	0.59
Diluted (in usd per share)
23.07	5.91	18.31	6.71	9.02	9.11	9.90	7.11	7.14	5.41	0.59
Cash dividends to common stockholders (in usd per share)
3.28	3.28	3.28	3.26	3.14	3.08	3.08	3.08	3.08	-	-
Weighted average common shares outstanding (in shares)
26	26	26	26	26	26	26	26	26	26	26
Weighted average common shares outstanding and dilutive potential common shares (in shares)
26	26	26	26	26	26	26	26	26	26	26
Life
Revenue
359	350	328	318	305	307	293	281	277	282	284
Annuity
Revenue
147	231	222	248	183	190	155	116	94	174	220
Health
Revenue
165	180	156	175	196	216	212	223	231	263	309
Property and casualty
Revenue
1,511	1,466	1,359	1,253	1,153	1,100	1,074	1,082	1,144	1,158	1,159