FBL FINANCIAL GROUP, INC. FFG Income Statement

Fbl financial group, inc. (FFG)

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
Revenues:
Interest sensitive product charges
127,113	122,789	112,936	111,928	114,584	109,770	111,575	101,410	97,103	93,881	88,757
Traditional life insurance premiums
197,863	198,312	195,330	196,914	190,956	183,300	180,944	175,086	168,519	162,056	154,154
Net investment income
424,998	394,618	415,199	404,170	391,149	382,082	370,651	361,324	343,310	324,540	303,486
Gain (Loss) on Investments, Excluding Other than Temporary Impairments
8,523	-7,276	599	3,106	11,062	3,760	15,967	17,479	5,355	21,392	7,748
Other than Temporary Impairment Losses
919	5,072	1,553	7,320	719	822	6,662	26,399	20,206	30,637	61,068
Non-credit portion in other comprehensive income/loss
0	74	0	2,451	146	0	4,250	9,372	-6,555	-20,821	-22,660
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net
919	4,998	1,553	4,869	573	822	2,412	17,027	13,651	9,816	38,408
Other income
17,103	16,181	15,400	15,165	15,631	14,849	14,506	17,268	17,701	14,289	17,472
Total revenues
774,681	719,626	737,911	726,414	722,809	692,939	691,231	655,540	618,337	606,342	533,209
Benefits and expenses:
Interest sensitive product benefits
276,473	253,753	251,878	238,586	217,443	211,540	203,599	196,387	192,082	176,588	162,671
Traditional life insurance benefits
174,654	175,209	173,023	177,682	176,145	162,876	160,471	156,290	148,959	137,180	128,159
Policyholder dividends
10,053	10,130	10,140	10,574	11,828	12,012	13,319	14,275	17,030	17,571	18,827
Underwriting, acquisition and insurance expenses
140,624	152,055	134,878	135,967	143,668	138,258	138,260	141,906	128,184	128,567	119,196
Interest expense
4,850	4,851	4,850	4,850	4,850	4,707	6,863	7,952	8,532	9,566	10,391
Loss on debt redemption
-	-	-	-	-	-	-	33	33,176	0	0
Other expenses
25,246	22,595	18,382	16,966	17,507	16,445	18,414	20,513	20,652	19,782	20,246
Total benefits and expenses
631,900	618,593	593,151	584,625	571,441	545,838	540,926	537,356	548,615	489,254	459,490
Income before equity method investments, income taxes and noncontrolling interest
142,781	101,033	144,760	141,789	151,368	147,101	150,305	118,184	69,722	117,088	73,719
Income tax benefit (expense)
19,929	11,650	-39,983	41,220	47,418	47,335	49,322	40,071	18,797	39,554	24,121
Income (Loss) from Equity Method Investments
3,456	4,439	2,590	2,269	9,523	10,103	7,410	4,683	1,284	3,459	750
Net income from continuing operations
126,308	93,822	187,333	102,838	113,473	109,869	108,393	82,796	52,209	80,993	50,348
Discontinued operations:
Loss on sale of subsidiary, net of tax benefit ($1,213 in 2012 and $29,198 in 2011)
-	-	-	-	-	-	-	-2,252	-54,143	0	0
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-687	42,679	34,587	19,344
Total income (loss) from discontinued operations
-	-	-	-	-	-	-	-2,939	-11,464	34,587	19,344
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	79,857	40,745	115,580	69,692
Net (income) loss attributable to noncontrolling interest
99	29	28	-4	-54	-72	-165	-83	6	-78	-143
Net Income (Loss) Attributable to Parent
126,209	93,793	187,305	102,842	113,527	109,941	108,558	79,940	40,739	115,658	69,835
Earnings per common share:
Income from continuing operations
-	-	-	-	-	-	-	3.01	1.69	2.66	1.67
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-0.11	-0.37	1.14	0.65
Earnings (loss) per common share
5.09	3.76	7.47	4.11	4.55	4.42	4.25	2.90	1.32	3.80	2.32
Earnings per common share - assuming dilution:
Income from continuing operations
-	-	-	-	-	-	-	2.97	1.67	2.63	1.67
Income (loss) from discontinued operations
-	-	-	-	-	-	-	-0.10	-0.37	1.13	0.64
Earnings (loss) per common share - assuming dilution
5.09	3.75	7.47	4.10	4.53	4.39	4.21	2.87	1.30	3.76	2.31
Cash dividends per common share
-	-	-	-	-	-	-	-	-	0.25	0.31