AIG 2012 Annual Report Download - page 74

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Our Performance – Selected Indicators
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Results of operations data:
Total revenues $ 59,812 $ 72,829
Income from continuing operations 19,540 13,254
Net income attributable to AIG 20,622 10,058
Income per common share attributable to AIG (diluted) 11.01 14.98
Balance sheet data:
Total assets $ 553,054 $ 675,573
Long-term debt 75,253 106,461
Total AIG shareholders’ equity 101,538 78,856
Book value per common share 53.53 561.40
TOTAL REVENUES*
($ millions)
The increase in 2012 from 2011 was primarily due to increased Net
investment income. The decrease in 2011 from 2010 was primarily
due to the deconsolidation of AIA in the fourth quarter of 2010.
$72,829
2011 2010
$59,812
2012
$65,656
INCOME FROM CONTINUING OPERATIONS*
($ millions)
$13,254
2011 2010
$19,540
2012
$7,752
The decrease in 2012 from 2011 was primarily due to the release of
the deferred tax asset valuation allowance in 2011. The increase in
2011 from 2010 was primarily due to the release of the deferred tax
asset valuation allowance in 2011, partially offset by the deconsolidation
of AIA in the fourth quarter of 2010.
NET INCOME ATTRIBUTABLE TO AIG*
($ millions)
In addition to the matters described in Income from continuing
operations, the decrease in 2012 from 2011 was also due to loss
from discontinued operations in 2012 compared to a gain in 2011.
The increase in 2011 from 2010 was due to income from
discontinued operations compared to a loss in 2010.
$10,058
2011 2010
$20,622
2012
$3,438
INCOME PER COMMON SHARE
ATTRIBUTABLE TO AIG (DILUTED)
In addition to the matters described in Net income attributable to AIG,
the decrease in 2011 from 2010 was also due to the Recapitalization
(See Note 25 to the Consolidated Financial Statements).
$14.98
2011 2010
$11.01
2012
$2.04
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AIG 2012 Form 10-K 57
$ 65,656
7,752
3,438
2.04
$ 548,633
48,500
98,002
66.38
Years Ended December 31,
(in millions, except per share data) 2012 2011 2010
ITEM 7 / EXECUTIVE SUMMARY