Assurant 2007 Annual Report Download - page 21

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Assurant Annual Report 17
07
06
05
04
$5.72
$4.68
$3.75
$2.44
operating earnings per diluted share
07
06
05
04
$33.73
$29.97
$26.25
$23.57
book value per diluted share2
Letter to Shareholders
07
06
05
04
$694
$603
$513
$345
net operating income1
U.S. Dollars in Millions
07
06
05
04
17.8%
16.7%
15.1%
10.9%
operating return on equity2
1~Assurant uses net operating income (a non-GAAP financial measure) as an important measure of the company’s operating performance.
Net operating income equals net income excluding net realized gains (or losses) on investments and other non-recurring and/or infrequent items.
2~Excluding accumulated other comprehensive income (AOCI).