Triple-s management corp (GTS)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Premiums, net

3,252

2,938

2,826

2,890

2,783

2,128

2,203

2,253

2,054

1,901

1,869

Administrative service fees

9

14

16

17

-

-

-

-

-

-

-

Administrative service fees

-

-

-

-

44

119

-

-

-

-

-

Administrative service fees

-

-

-

-

-

-

108

110

38

39

48

Net investment income

62

61

51

48

45

47

47

46

48

49

52

Other operating revenues

8

5

3

3

-

-

-

-

-

-

-

Other operating revenues

-

-

-

-

3

4

4

4

0

0

-

Aggregate revenue from operations recognized during the period (composed from insurance premiums earned, net, administrative service fees and net investment income).

3,333

3,020

2,898

2,960

2,876

2,299

2,363

2,414

2,141

1,989

1,969

Net realized investment gains (losses):
Total other-than-temporary impairment losses on securities

0

0

0

1

5

1

-

-

-

-

-

Total other-than-temporary impairment losses on securities

-

-

-

-

-

-

1

0

0

2

7

Net realized gains, excluding other-than-temporary impairment losses on securities

5

0

10

18

24

19

3

5

18

5

7

Net realized investment (losses) gains

5

0

10

17

18

18

2

5

18

2

0

Net unrealized losses (gains) on equity investments

32

-36

0

0

-

-

-

-

-

-

-

Net unrealized investment loss on trading securities

-

-

-

-

-

-

-

-

-7

5

10

Other income, net

4

11

6

6

7

2

15

2

0

0

1

Total revenues

3,375

2,996

2,916

2,984

2,902

2,320

2,381

2,422

2,153

1,998

1,982

Benefits and expenses:
Claims incurred

2,666

2,527

2,353

2,472

2,318

1,747

1,836

1,919

1,716

1,596

1,605

Operating expenses

569

554

477

493

518

497

478

425

347

304

279

The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs but excluding interest expense.

3,235

3,082

2,830

2,966

2,837

2,244

2,314

2,345

2,063

1,901

1,885

Interest expense

7

6

6

7

8

9

9

10

10

12

13

Total benefits and expenses

3,243

3,089

2,837

2,973

2,845

2,254

2,323

2,355

2,074

1,914

1,898

(Loss) income before taxes

132

-93

78

11

57

66

57

66

78

84

83

Current

-

-

-

-

-

-

-

13

6

14

19

Deferred

-

-

-

-

-

-

-

-0

13

3

-4

Income tax (benefit) expense

39

-29

24

-6

5

0

2

12

20

17

14

Net (loss) income

92

-63

54

17

52

65

55

53

58

66

-

Less: Net loss attributable to non-controlling interest

-0

-0

-0

-0

-0

-0

-0

-0

0

0

-

Net (loss) income attributable to Triple-S Management Corporation

92

-63

54

17

52

65

55

54

58

66

68

Net (Loss) Income Available to Stockholders and Net (Loss) Income per Share
Basic net (loss) income per share attributable to TSM (in dollars per share)

3.98

-2.76

2.27

0.71

2.03

2.42

2.02

1.91

2.02

2.30

2.33

Diluted net (loss) income per share attributable to TSM (in dollars per share)

3.97

-2.76

2.26

0.71

2.02

2.41

2.01

1.90

2.01

2.28

2.33