AIG 2011 Annual Report Download - page 285

American International Group, Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Summarized Financial Information of AIA
The following is summarized financial information of AIA:
Year Ended December 31,
(in millions) 2011
Operating results:
Total revenues $ 13,802
Total expenses (12,254)
Net income (loss) $ 1,548
At December 31,
(in millions) 2011
Balance sheet:
Total assets $ 114,844
Total liabilities $ (91,654)
Substantially all of AIA’s assets consist of financial investments and deferred acquisition and origination costs
and substantially all of its liabilities consist of insurance- and investment-contract-related liabilities.
Summarized financial information for AIA was as of and for the year ended November 30, 2011. AIA was
consolidated through October 28, 2010. As a result, comparable amounts for 2010 are not being presented.
Summarized Financial Information of Other Equity Method Investees
The following is the aggregated summarized financial information of AIG’s other equity method investees:
Years Ended December 31,
(in millions) 2011 2010 2009
Operating results:
Total revenues $ 12,749 $ 14,079 $ (15,160)
Total expenses (3,530) (3,812) (6,312)
Net income (loss) $ 9,219 $ 10,267 $ (21,472)
At December 31,
(in millions) 2011 2010
Balance sheet:
Total assets $ 95,749 $ 100,156
Total liabilities $ (22,379) $ (23,343)
Summarized financial information for these equity method investees may be presented on a lag, due to the
unavailability of information for the investees at the respective balance sheet date, and is included for the periods
in which AIG held an equity method ownership interest. Summarized financial information for entities that have
been divested or are held-for-sale is not included in the table above.
AIG 2011 Form 10-K 271