MetLife 2012 Annual Report Download - page 8

Selected Financial Data
The following selected financial data has been derived from the Company’s audited consolidated financial statements. The statement of operations
data for the years ended December 31, 2012, 2011 and 2010, and the balance sheet data at December 31, 2012 and 2011 have been derived from
the Company’s audited consolidated financial statements included elsewhere herein. The statement of operations data for the years ended
December 31, 2009 and 2008, and the balance sheet data at December 31, 2010, 2009 and 2008 have been derived from the Company’s audited
consolidated financial statements not included herein. The selected financial data set forth below should be read in conjunction with “Management’s
Discussion and Analysis of Financial Condition and Results of Operations” and the audited consolidated financial statements and related notes included
elsewhere herein.
Years Ended December 31,
2012 2011 2010 2009 2008
(In millions, except per share data)
Statement of Operations Data (1)
Revenues
Premiums ................................................................... $37,975 $ 36,361 $ 27,071 $ 26,157 $ 25,604
Universal life and investment-type product policy fees ................................. 8,556 7,806 6,028 5,197 5,373
Net investment income ......................................................... 21,984 19,585 17,493 14,726 16,168
Other revenues ............................................................... 1,906 2,532 2,328 2,329 1,585
Net investment gains (losses) .................................................... (352) (867) (408) (2,901) (2,085)
Net derivative gains (losses) ..................................................... (1,919) 4,824 (265) (4,866) 3,910
Total revenues .............................................................. 68,150 70,241 52,247 40,642 50,555
Expenses
Policyholder benefits and claims .................................................. 37,987 35,471 29,187 28,005 27,095
Interest credited to policyholder account balances .................................... 7,729 5,603 4,919 4,845 4,787
Policyholder dividends .......................................................... 1,369 1,446 1,485 1,649 1,749
Goodwill impairment ........................................................... 1,868 ————
Other expenses ............................................................... 17,755 18,537 12,927 10,761 11,988
Total expenses ............................................................. 66,708 61,057 48,518 45,260 45,619
Income (loss) from continuing operations before provision for income tax ................... 1,442 9,184 3,729 (4,618) 4,936
Provision for income tax expense (benefit) ........................................... 128 2,793 1,110 (2,107) 1,542
Income (loss) from continuing operations, net of income tax ............................. 1,314 6,391 2,619 (2,511) 3,394
Income (loss) from discontinued operations, net of income tax ........................... 48 24 44 64 (179)
Net income (loss) .............................................................. 1,362 6,415 2,663 (2,447) 3,215
Less: Net income (loss) attributable to noncontrolling interests ........................... 38 (8) (4) (36) 66
Net income (loss) attributable to MetLife, Inc. ........................................ 1,324 6,423 2,667 (2,411) 3,149
Less: Preferred stock dividends ................................................. 122 122 122 122 125
Preferred stock redemption premium ........................................ — 146 — — —
Net income (loss) available to MetLife, Inc.’s common shareholders ....................... $ 1,202 $ 6,155 $ 2,545 $ (2,533) $ 3,024
EPS Data (1), (5)
Income (loss) from continuing operations available to MetLife, Inc.’s common shareholders per
common share:
Basic ..................................................................... $ 1.08 $ 5.79 $ 2.83 $ (3.17) $ 4.48
Diluted .................................................................... $ 1.08 $ 5.74 $ 2.81 $ (3.17) $ 4.43
Income (loss) from discontinued operations per common share:
Basic ..................................................................... $ 0.04 $ 0.02 $ 0.05 $ 0.08 $ (0.37)
Diluted .................................................................... $ 0.04 $ 0.02 $ 0.05 $ 0.08 $ (0.37)
Net income (loss) available to MetLife, Inc.’s common shareholders per common share:
Basic ..................................................................... $ 1.12 $ 5.81 $ 2.88 $ (3.09) $ 4.11
Diluted .................................................................... $ 1.12 $ 5.76 $ 2.86 $ (3.09) $ 4.06
Cash dividends declared per common share ........................................ $ 0.74 $ 0.74 $ 0.74 $ 0.74 $ 0.74
2MetLife, Inc.