Ameriprise 2010 Annual Report Download - page 55

Item 6. Selected Financial Data
The following table sets forth selected consolidated financial information from our audited Consolidated Financial
Statements as of December 31, 2010, 2009, 2008, 2007 and 2006 and for the five-year period ended December 31,
2010. Certain prior year amounts have been reclassified to conform to the current year’s presentation. On April 30, 2010,
we acquired the long-term asset management business of Columbia Management Group. Results presented below include
the results of this business after the date of acquisition. The selected financial data presented below should be read in
conjunction with our Consolidated Financial Statements and Notes included elsewhere in this report and ‘‘Management’s
Discussion and Analysis of Financial Condition and Results of Operations.’’
Years Ended December 31,
2010 2009 2008 2007(1) 2006(1)
(in millions, except per share data)
Income Statement Data:
Total net revenues $ 9,976 $ 7,805 $ 6,918 $ 8,506 $ 7,985
Total expenses 8,382 6,885 7,341 7,498 7,123
Pretax income (loss) 1,594 920 (423) 1,008 862
Income tax provision (benefit) 334 183 (333) 202 166
Net income (loss) 1,260 737 (90) 806 696
Less: Net income (loss) attributable to noncontrolling
interests 163 15 (54) (8) 65
Net income (loss) attributable to Ameriprise Financial $ 1,097 $ 722 $ (36) $ 814 $ 631
Earnings (Loss) Per Share Attributable to Ameriprise
Financial, Inc. Common Shareholders:
Basic $ 4.26 $ 2.98 $ (0.16) $ 3.45 $ 2.56
Diluted 4.18 2.95 (0.16)(2) 3.39 2.54
Cash Dividends Paid Per Common Share 0.71 0.68 0.64 0.56 0.44
Cash Dividends Paid 183 164 143 133 108
December 31,
2010 2009 2008 2007 2006
(in millions)
Balance Sheet Data:(3)
Investments $ 37,053 $ 36,938 $ 27,510 $ 30,479 $ 35,154
Separate account assets 68,330 58,129 44,746 61,974 53,848
Total assets before consolidated investment entities 124,321 112,671 95,188 108,358 103,502
Future policy benefits and claims 30,208 30,886 29,293 27,446 30,031
Separate account liabilities 68,330 58,129 44,746 61,974 53,848
Customer deposits 8,779 8,554 8,229 6,206 6,688
Long-term debt 2,317 1,868 1,963 2,018 2,019
Short-term borrowings 397 — — — —
Total liabilities before consolidated investment entities 114,183 103,448 89,030 100,795 95,657
Total Ameriprise Financial, Inc. shareholders’ equity(4) 10,725 9,269 6,174 7,802 7,925
(1) During 2007 and 2006, we recorded non-recurring separation costs as a result of our separation from American Express. During the
years ended December 31, 2007 and 2006, $236 million ($154 million after-tax) and $361 million ($235 million after-tax),
respectively, of such costs were incurred. These costs were primarily associated with establishing the Ameriprise Financial brand,
separating and reestablishing our technology platforms and advisor and employee retention programs.
(2) Diluted shares used in this calculation represent basic shares due to the net loss. Using actual diluted shares would result in
anti-dilution.
(3) Balance Sheet data represents assets and liabilities before consolidated investment entities, as reported on our Consolidated Balance
Sheets.
(4) Total Ameriprise Financial, Inc. shareholders’ equity for 2007, 2008 and 2009 was adjusted for a change in accounting method, as
described in Note 1 to our Consolidated Financial Statements.
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