Anthem Blue Cross 2007 Annual Report Download - page 30

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28 Customer First : : www.wellpoint.com/annualreport/2007
Consolidated Statements of Income
Years ended December 31
(In millions, except per share data) 2007 2006 2005
Revenues
Premiums $55,865.0 $51,971.9 $40,680.0
Administrative fees 3,674.6 3,595.4 2,792.0
Other revenue 582.4 593.1 519.2
Total operating revenue 60,122.0 56,160.4 43,991.2
Net investment income 1,001.1 878.7 633.1
Net realized gains (losses) on investments 11.2 (0.3) (10.2)
Total revenues 61,134.3 57,038.8 44,614.1
Expenses
Benefit expense 46,036.1 42,191.4 32,598.8
Selling, general and administrative expense:
Selling expense 1,716.8 1,654.5 1,474.2
General and administrative expense 6,984.7 7,163.2 5,798.5
Total selling, general and administrative expense 8,701.5 8,817.7 7,272.7
Cost of drugs 400.2 414.4 387.2
Interest expense 447.9 403.5 226.2
Amortization of other intangible assets 290.7 297.4 238.9
Total expenses 55,876.4 52,124.4 40,723.8
Income before income tax expense 5,257.9 4,914.4 3,890.3
Income tax expense 1,912.5 1,819.5 1,426.5
Net income $ 3,345.4 $ 3,094.9 $ 2,463.8
Net income per share
Basic $ 5.64 $ 4.93 $ 4.03
Diluted $ 5.56 $ 4.82 $ 3.94
The information presented above should be read in conjunction with the audited  nancial statements and accompanying notes included in WellPoint’s 2007 Annual Report on Form 10-K.