Travelers 2012 Annual Report Download - page 84

Item 6. SELECTED FINANCIAL DATA
At and for the year ended December 31,
2012 2011 2010 2009 2008
(in millions, except per share amounts)
Total revenues ........................ $ 25,740 $ 25,446 $ 25,112 $ 24,680 $ 24,477
Net income .......................... $ 2,473 $ 1,426 $ 3,216 $ 3,622 $ 2,924
Total investments ...................... $ 73,838 $ 72,701 $ 72,722 $ 74,965 $ 70,738
Total assets .......................... 104,938 104,575 105,631 110,013 110,088
Claims and claim adjustment expense reserves . 50,922 51,392 51,581 53,580 55,179
Total long-term debt .................... 5,750 6,255 6,502 6,154 5,939
Total liabilities ........................ 79,533 80,098 80,156 82,598 84,769
Total shareholders’ equity ................ 25,405 24,477 25,475 27,415 25,319
Net income per share(1):
Basic ............................... $ 6.35 $ 3.40 $ 6.69 $ 6.38 $ 4.87
Diluted ............................. $ 6.30 $ 3.36 $ 6.62 $ 6.33 $ 4.81
Year-end common shares outstanding ....... 377.4 392.8 434.6 520.3 585.1
Per common share amounts:
Cash dividends ........................ $ 1.79 $ 1.59 $ 1.41 $ 1.23 $ 1.19
Book value .......................... $ 67.31 $ 62.32 $ 58.47 $ 52.54 $ 43.12
(1) On January 1, 2009, the Company adopted the FASB’s updated accounting guidance related to
earnings per share. The impact of the adoption of this guidance was a reduction of previously
reported basic and diluted earnings per share for the year ended December 31, 2008 by $0.03 per
share and $0.01 per share, respectively.
72