Ameriprise 2009 Annual Report Download - page 168

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The following is a summary of segment operating results:
Year Ended December 31, 2009
Advice &
Wealth Asset Corporate
Management Management Annuities Protection & Other Eliminations Consolidated
(in millions)
Revenue from
external customers $ 2,512 $ 1,332 $ 2,191 $ 1,910 $ 1 $ $ 7,946
Intersegment revenue 837 44 74 62 2 (1,019)
Total revenues 3,349 1,376 2,265 1,972 3 (1,019) 7,946
Banking and deposit
interest expense 133 8 1 1 (2) 141
Net revenues 3,216 1,368 2,265 1,971 2 (1,017) 7,805
Depreciation and
amortization expense 36 50 28 91 9 214
All other expenses 3,214 1,243 1,589 1,384 258 (1,017) 6,671
Total expenses 3,250 1,293 1,617 1,475 267 (1,017) 6,885
Pretax income (loss) $ (34) $ 75 $ 648 $ 496 $ (265) $ 920
Income tax provision 183
Net income 737
Less: Net income attributable to noncontrolling interests 15
Net income attributable to Ameriprise Financial $ 722
Year Ended December 31, 2008
Advice &
Wealth Asset Corporate
Management Management Annuities Protection & Other Eliminations Consolidated
(in millions)
Revenue from
external customers $ 2,402 $ 1,273 $ 1,513 $ 1,912 $ (5) $ $ 7,095
Intersegment revenue 886 23 105 43 6 (1,063)
Total revenues 3,288 1,296 1,618 1,955 1 (1,063) 7,095
Banking and deposit interest
expense 178 7 — 1 2 (9) 179
Net revenues 3,110 1,289 1,618 1,954 (1) (1,054) 6,916
Depreciation and amortization
expense 88 92 705 340 33 1,258
All other expenses 3,171 1,174 1,200 1,262 330 (1,054) 6,083
Total expenses 3,259 1,266 1,905 1,602 363 (1,054) 7,341
Pretax income (loss) $ (149) $ 23 $ (287) $ 352 $ (364) $ (425)
Income tax benefit (333)
Net loss (92)
Less: Net loss attributable to noncontrolling interests (54)
Net loss attributable to Ameriprise Financial $ (38)
ANNUAL REPORT 2009 153