AIG 2005 Annual Report Download - page 124
Download and view the complete annual report
Please find page 124 of the 2005 AIG annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
 |
 |
AMERICAN INTERNATIONAL GROUP, INC. AND SUBSIDIARIES
Consolidated Balance Sheet
December 31,
(in millions) 2005 2004
Assets:
Investments and financial services assets:
Fixed maturities:
Bonds available for sale, at market value (amortized cost: 2005 – $349,612; 2004 – $329,838) $359,516 $344,399
Bonds held to maturity, at amortized cost (market value: 2005 – $22,047; 2004 – $18,791) 21,528 18,294
Bond trading securities, at market value (cost: 2005 – $4,623; 2004 – $2,973) 4,636 2,984
Equity securities:
Common stocks available for sale, at market value (cost: 2005 – $10,125; 2004 – $8,424) 12,227 9,772
Common stocks trading, at market value (cost: 2005 – $7,746; 2004 – $5,651) 8,959 5,894
Preferred stocks available for sale, at market value (cost: 2005 – $2,282; 2004 – $2,017) 2,402 2,040
Mortgage loans on real estate, net of allowance (2005 – $54; 2004 – $65) 14,300 13,146
Policy loans 7,039 7,035
Collateral and guaranteed loans, net of allowance (2005 – $10; 2004 – $18) 3,570 3,303
Financial services assets:
Flight equipment primarily under operating leases, net of accumulated depreciation
(2005 – $7,419; 2004 – $6,390) 36,245 32,130
Securities available for sale, at market value (cost: 2005 – $37,572; 2004 – $29,171) 37,511 31,225
Trading securities, at market value 6,499 2,746
Spot commodities 92 534
Unrealized gain on swaps, options and forward transactions 18,695 22,670
Trading assets 1,204 3,433
Securities purchased under agreements to resell, at contract value 14,547 26,272
Finance receivables, net of allowance (2005 – $670; 2004 – $571) 27,995 23,574
Securities lending collateral, at market value (which approximates cost) 59,471 49,169
Other invested assets 27,267 23,559
Short-term investments, at cost (approximates market value) 15,342 16,102
Total investments and financial services assets 679,045 638,281
Cash 1,897 2,009
Investment income due and accrued 5,727 5,556
Premiums and insurance balances receivable, net of allowance (2005 – $1,011; 2004 – $690) 15,333 15,622
Reinsurance assets, net of allowance (2005 – $992; 2004 – $832) 24,978 19,613
Deferred policy acquisition costs 33,248 29,817
Investments in partially owned companies 1,158 1,495
Real estate and other fixed assets, net of accumulated depreciation (2005 – $4,990; 2004 – $4,650) 7,446 6,192
Separate and variable accounts 63,797 57,741
Goodwill 8,093 8,556
Income taxes receivable – current 319 138
Other assets 12,329 16,125
Total assets $853,370 $801,145
See Accompanying Notes to Consolidated Financial Statements.
72 AIG m Form 10-K