Ameriprise 2011 Annual Report Download - page 103

The following table presents the dividends that could have been paid within the limitations of the applicable regulatory
authorities as further described below, excluding extraordinary dividends for the years ended December 31:
2011 2010 2009
(in millions)
RiverSource Life(1) $ 1,200 $ 886 $ 253
AEIS(2) — — 154
ACC(3) 70 171 87
Columbia Management Investment Advisers, LLC 295 191 89
Columbia Management Investment Services Corporation 5 — 3
Threadneedle 82 125 95
Ameriprise Trust Company 1— 4
Securities America Financial Corporation(4) — 2 15
AFSI(2) — — 78
IDS Property Casualty(5) 40 44 42
Ameriprise Captive Insurance Company 27 26 16
RiverSource Distributors, Inc. 26 23 41
AMPF Holding Corporation(2) 334 282 —
Columbia Management Investment Distributors, Inc. 30 27 13
Total dividend capacity $ 2,110 $ 1,777 $ 890
(1) RiverSource Life dividends in excess of statutory unassigned funds require advance notice to the Minnesota Department of
Commerce, RiverSource Life’s primary regulator, and are subject to potential disapproval. In addition, dividends whose fair market
value, together with that of other dividends or distributions made within the preceding 12 months, exceeds the greater of (1) the
previous year’s statutory net gain from operations or (2) 10% of the previous year-end statutory capital and surplus are referred to as
‘‘extraordinary dividends.’’ Extraordinary dividends also require advance notice to the Minnesota Department of Commerce, and are
subject to potential disapproval. For dividends exceeding these thresholds, RiverSource Life provided notice to the Minnesota
Department of Commerce and received responses indicating that it did not object to the payment of these dividends.
(2) In 2009, AEIS and AFSI became subsidiaries of AMPF Holding Corporation. For AEIS and AFSI the dividend capacity is based on an
internal model used to determine the availability of dividends, while maintaining net capital at a level sufficiently in excess of
minimum levels defined by Securities and Exchange Commission rules.
(3) The dividend capacity for ACC is based on capital held in excess of regulatory requirements.
(4) Securities America was sold in the fourth quarter of 2011.
(5) The dividend capacity for IDS Property Casualty is based on the lesser of (1) 10% of the previous year-end capital and surplus or
(2) the greater of (a) net income (excluding realized gains) of the previous year or (b) the aggregate net income of the previous three
years excluding realized gains less any dividends paid within the first two years of the three-year period. Dividends that, together with
the amount of other distributions made within the preceding 12 months, exceed this statutory limitation are referred to as
‘‘extraordinary dividends’’ and require advance notice to the Office of the Commissioner of Insurance of the State of Wisconsin, the
primary state regulator of IDS Property Casualty, and are subject to potential disapproval.
The following table presents the cash dividends paid or return of capital to the parent holding company, net of cash capital
contributions made by the parent holding company for the following subsidiaries for the years ended December 31:
2011 2010 2009
(in millions)
RiverSource Life(1) $ 750 $ 500 $ —
Ameriprise Bank, FSB (71) (35) (85)
ACC 57 160 25
Columbia Management Investment Advisers, LLC 250 90 —
Columbia Management Investment Services Corporation — — 3
Threadneedle 34 48 49
Ameriprise Trust Company (3) (5) —
Securities America Financial Corporation(2) (10) — —
IDS Property Casualty — 30 85
Ameriprise Advisor Capital, LLC (44) (33) (10)
AMPF Holding Corporation(3) 140 84 (38)
Other —— 2
Total $ 1,103 $ 839 $ 31
(1) In addition, during the year ended December 31, 2011, RiverSource Life paid an $850 million dividend to the parent holding
company consisting of high-quality, short-duration securities.
(2) Securities America was sold in the fourth quarter of 2011.
(3) In 2009, AEIS and AFSI became subsidiaries of AMPF Holding Corporation. For AEIS and AFSI the dividend capacity is based on an
internal model used to determine the availability of dividends, while maintaining net capital at a level sufficiently in excess of
minimum levels defined by Securities and Exchange Commission rules.
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