Aetna 2001 Annual Report Download - page 32

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
  
For the Years Ended December 31,
(Millions, except per common share data) 2001 2000 1999 1998 1997
Total revenue $25,190.8 $26,818.9 $22,109.7 $16,589.0 $14,674.4
Income (loss) from continuing operations (291.0) (127.4) 399.4 450.4 525.7
Net income (loss) (279.6) 127.1 716.5 846.8 899.5
Net realized capital gains (losses),
net of tax (included above) 73.6 (14.2) 21.4 189.0 160.5
Total assets 43,255.1 47,673.0 52,667.6 53,355.2 53,354.5
Total short-term debt 109.7 1,592.2 1,725.0 1,370.1 163.3
Total long-term debt 1,591.3 - 2,093.9 1,593.3 1,892.1
Aetna-obligated mandatorily redeemable
preferred securities of subsidiary limited liability
company holding primarily debentures
guaranteed by former Aetna - - - 275.0 275.0
Shareholders’ equity 9,890.3 10,127.1 10,703.2 11,429.5 11,082.0
Per common share data: (1)
Dividends declared (2) $«««««««««.04 $«««««««««««««- $««««««««««««- $««««««««««««- $««««««««««««-
Earnings (loss) per common share: (3)
Income (loss) from continuing operations:
Basic (2.03) (.90) 2.56 2.74 3.15
Diluted (4) - - 2.54 2.72 3.12
Net income (loss):
Basic (1.95) .90 4.76 5.49 5.66
Diluted (4) - - 4.72 5.40 5.59
(1) Per common share data is based on former Aetna common shares and share equivalents through December 13,
2000 and Aetna Inc. thereafter.
(2) Prior to December 13, 2000, dividends were declared and paid by former Aetna to its shareholders and
therefore, such dividends are not included herein.
(3) For 1999 (through the redemption date of July 19,1999),1998 and 1997, preferred stock dividends of former Aetna
are deducted from income from continuing operations and net income as the preferred stock issued by former
Aetna was for the acquisition of U.S. Healthcare in 1996.
(4) Since the Company reported a loss from continuing operations in 2001 and 2000, the effect of dilutive securities
has been excluded from earnings per common share computations for those years because including such securities
would be anti-dilutive.
The foregoing financial information should be read in conjunction with the financial statements and related notes as
presented in Aetna Inc.’s 2001 Annual Report on Form 10-K.