AIG 2015 Annual Report Download - page 51

ITEM 6 / SELECTED FINANCIAL DATA
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ITEM 6 / SELECTED FINANCIAL DATA
The Selected Consolidated Financial Data should be read in conjunction with Management’s Discussion and Analysis
of Financial Condition and Results of Operations and the Consolidated Financial Statements and accompanying
notes included elsewhere herein.
Years Ended December 31,
(in millions, except per share data) 2015 2014 2013 2012 2011
Revenues:
Premiums $36,655 $ 37,254 $ 37,499 $ 38,189 $ 39,026
Policy fees 2,755 2,615 2,340 2,192 2,197
Net investment income 14,053 16,079 15,810 20,343 14,755
Net realized capital gains 776 739 1,939 1,087 803
Aircraft leasing revenue -1,602 4,420 4,504 4,508
Other income 4,088 6,117 6,866 4,899 3,861
Total revenues 58,327 64,406 68,874 71,214 65,150
Benefits, losses and expenses:
Policyholder benefits and losses incurred 31,345 28,281 29,503 32,036 33,523
Interest credited to policyholder account balances 3,731 3,768 3,892 4,340 4,432
Amortization of deferred policy acquisition costs 5,236 5,330 5,157 5,709 5,486
General operating and other expenses 12,686 13,138 13,564 13,013 11,783
Interest expense 1,281 1,718 2,142 2,319 2,444
Net loss on extinguishment of debt 756 2,282 651 32 2,908
Aircraft leasing expenses -1,585 4,549 4,138 5,401
Net (gain) loss on sale of properties and divested businesses 11 (2,197) 48 6,736 74
Total benefits, losses and expenses 55,046 53,905 59,506 68,323 66,051
Income (loss) from continuing operations before income taxes 3,281 10,501 9,368 2,891 (901)
Income tax expense (benefit) 1,059 2,927 360 (808) (19,764)
Income from continuing operations 2,222 7,574 9,008 3,699 18,863
Income (loss) from discontinued operations, net of taxes -(50) 84 1 2,467
Net income 2,222 7,524 9,092 3,700 21,330
Net income (loss) from continuing operations attributable
to noncontrolling interests: 26 (5) 7 262 708
Net income attributable to AIG 2,196 7,529 9,085 3,438 20,622
Income per common share attributable to AIG
common shareholders
Basic
Income from continuing operations 1.69 5.31 6.11 2.04 9.65
Income (loss) from discontinued operations -(0.04) 0.05 - 1.36
Net income attributable to AIG 1.69 5.27 6.16 2.04 11.01
Diluted
Income from continuing operations 1.65 5.24 6.08 2.04 9.65
Income (loss) from discontinued operations -(0.04) 0.05 - 1.36
Net income attributable to AIG 1.65 5.20 6.13 2.04 11.01
Dividends declared per common share 0.81 0.50 0.20 - -
Year-end balance sheet data:
Total investments 338,354 355,766 356,428 375,824 410,438
Total assets 496,943 515,581 541,329 548,633 553,054
Long-term debt 29,350 31,217 41,693 48,500 75,253
Total liabilities 406,733 408,309 440,218 449,630 442,138
Total AIG shareholders' equity 89,658 106,898 100,470 98,002 101,538
Total equity 90,210 107,272 101,081 98,669 102,393