Assurant 2014 Annual Report Download - page 154
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ASSURANT, INC. – 2014 Form 10-KF-66
Schedule II—Condensed Income Statement (Parent Only)
ASSURANT, INC.
(in thousands)
Years Ended December 31,
2014 2013 2012
Revenues
Net investment income $ 7,212 $ 7,684 $ 8,428
Net realized gains on investments 4,288 1,713 7,464
Fees and other income 90,217 89,889 92,320
Equity in undistributed net income of subsidiaries 584,464 628,894 601,356
TOTAL REVENUES 686,181 728,180 709,568
Expenses
General and administrative expenses 197,341 216,623 188,457
Interest expense 58,394 77,735 60,308
TOTAL EXPENSES 255,735 294,358 248,765
Income before benefi t for income taxes 430,446 433,822 460,803
Benefi t for income taxes 40,461 55,085 22,902
NET INCOME $ 470,907 $ 488,907 $ 483,705