Ameriprise 2011 Annual Report Download - page 180

Year Ended December 31, 2009
Advice &
Wealth Asset Corporate
Management Management Annuities Protection & Other Eliminations Consolidated
(in millions)
Revenue from external customers $ 2,103 $ 1,304 $ 2,165 $ 1,935 $ 31 $ — $ 7,538
Intersegment revenue 834 44 100 30 2 (1,010) —
Total revenues 2,937 1,348 2,265 1,965 33 (1,010) 7,538
Banking and deposit interest expense 133 2 — 1 7 (2) 141
Net revenues 2,804 1,346 2,265 1,964 26 (1,008) 7,397
Depreciation and amortization expense 100 83 54 167 31 — 435
All other expenses 2,737 1,203 1,563 1,300 247 (1,008) 6,042
Total expenses 2,837 1,286 1,617 1,467 278 (1,008) 6,477
Income (loss) from continuing operations
before income tax provision $ (33) $ 60 $ 648 $ 497 $ (252) $ — $ 920
Income tax provision 184
Income from continuing operations 736
Income from discontinued operations, net
of tax 1
Net income 737
Less: Net income attributable to
noncontrolling interests 15
Net income attributable to Ameriprise
Financial $ 722
26. Quarterly Financial Data (Unaudited)
2011 2010
12/31 9/30 6/30 3/31 12/31 9/30 6/30 3/31
(in millions, except per share data)
Net revenues $ 2,582 $ 2,455 $ 2,623 $ 2,532 $ 2,558 $ 2,334 $ 2,462 $ 2,158
Income from continuing operations
before income tax provision $ 352 $ 247 $ 399 $ 387 $ 368 $ 446 $ 462 $ 358
Income from continuing operations $ 285 $ 166 $ 285 $ 294 $ 280 $ 314 $ 396 $ 294
Income (loss) from discontinued
operations, net of tax 13 2 (4) (71) (26) (2) 2 2
Net income 298 168 281 223 254 312 398 296
Less: Net income (loss) attributable
to noncontrolling interests 45 (105) (28) (18) (26) (32) 139 82
Net income attributable to
Ameriprise Financial $ 253 $ 273 $ 309 $ 241 $ 280 $ 344 $ 259 $ 214
Earnings per share attributable to
Ameriprise Financial, Inc.
common shareholders:
Basic
Income from continuing operations $ 1.04 $ 1.14 $ 1.28 $ 1.24 $ 1.21 $ 1.36 $ 0.98 $ 0.81
Income (loss) from discontinued
operations 0.06 0.01 (0.02) (0.28) (0.10) (0.01) 0.01 0.01
Net income $ 1.10 $ 1.15 $ 1.26 $ 0.96 $ 1.11 $ 1.35 $ 0.99 $ 0.82
Diluted
Income from continuing operations $ 1.02 $ 1.12 $ 1.25 $ 1.21 $ 1.18 $ 1.33 $ 0.97 $ 0.80
Income (loss) from discontinued
operations 0.06 0.01 (0.02) (0.27) (0.10) (0.01) 0.01 0.01
Net income $ 1.08 $ 1.13 $ 1.23 $ 0.94 $ 1.08 $ 1.32 $ 0.98 $ 0.81
Weighted average common shares
outstanding:
Basic 230.6 238.0 245.5 251.6 252.7 255.3 261.1 260.8
Diluted 234.5 242.0 251.0 257.7 258.9 259.9 265.3 265.0
Cash dividends declared per
common share $ 0.51 $ 0.23 $ 0.23 $ 0.18 $ 0.18 $ 0.18 $ 0.18 $ 0.17
Common share price:
High $ 50.85 $ 59.49 $ 63.78 $ 65.12 $ 58.17 $ 48.80 $ 49.54 $ 45.88
Low $ 36.00 $ 38.93 $ 54.72 $ 57.29 $ 47.03 $ 34.68 $ 35.85 $ 36.14
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