Travelers 2001 Annual Report Download - page 41

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The St. Paul Companies 2001 Annual Report 39
Six-Year Summary of Selected Financial Data
the st. paul companies
2001 2000 1999 1998 1997 1996
(In millions, except ratios and per share data)
consolidated
Revenues from continuing operations $ 8,943 $ 7,972 $ 7,149 $ 7,315 $ 7,904 $ 7,536
After-tax income (loss) from continuing operations (1,009) 970 705 187 1,011 1,054
investment activity
Net investment income 1,217 1,262 1,259 1,295 1,320 1,240
Pretax realized investment gains (losses) (94) 632 286 203 409 205
other selected financial data (as of December 31)
Total assets 38,321 35,502 33,418 33,211 32,735 30,971
Debt 2,130 1,647 1,466 1,260 1,304 1,171
Redeemable preferred securities 893 337 425 503 503 307
Common shareholders’ equity 5,056 7,178 6,448 6,621 6,591 5,631
Common shares outstanding 207.6 218.3 224.8 233.7 233.1 230.9
per common share data
Income (loss) from continuing operations (4.84) 4.14 2.89 0.73 4.02 4.09
Year-end book value 24.35 32.88 28.68 28.32 28.27 24.39
Year-end market price 43.97 54.31 33.69 34.81 41.03 29.31
Cash dividends declared 1.12 1.08 1.04 1.00 0.94 0.88
property-liability insurance
Written premiums 7,763 5,884 5,112 5,276 5,682 5,683
Pretax income (loss) from continuing operations (1,400) 1,467 971 298 1,488 1,257
GAAP underwriting result (2,294) (309) (425) (881) (139) (35)
Statutory combined ratio:
Loss and loss adjustment expense ratio 102.5 70.0 72.9 82.2 69.8 68.9
Underwriting expense ratio 28.1 34.8 35.0 35.2 33.5 31.9
Combined ratio 130.6 104.8 107.9 117.4 103.3 100.8