Ameriprise 2013 Annual Report Download - page 103

Actual capital and regulatory capital requirements for our wholly owned subsidiaries subject to regulatory capital
requirements were as follows:
Regulatory
Capital
Actual Capital Requirements
December 31, December 31,
2013 2012 2013 2012
(in millions)
RiverSource Life(1)(2) $ 2,747 $ 3,257 $ 591 $ 620
RiverSource Life of NY(1)(2) 251 256 49 44
IDS Property Casualty(1)(3) 531 462 177 160
Ameriprise Insurance Company(1)(3) 44 43 2 2
ACC(4)(5) 230 204 215 187
Threadneedle(6) 257 183 158 156
Ameriprise National Trust Bank(7) 19 142 10 14
AFSI(3)(4) 78 88 2 2
Ameriprise Captive Insurance Company(3) 62 59 11 12
Ameriprise Trust Company(3) 58 48 56 47
AEIS(3)(4) 100 114 44 39
RiverSource Distributors, Inc.(3)(4) 23 25 # #
Columbia Management Investment Distributors, Inc.(3)(4) 23 29 # #
# Amounts are less than $1 million.
(1) Actual capital is determined on a statutory basis.
(2) Regulatory capital requirement is based on the statutory risk-based capital filing.
(3) Regulatory capital requirement is based on the applicable regulatory requirement, calculated as of December 31, 2013 and 2012.
(4) Actual capital is determined on an adjusted GAAP basis.
(5) ACC is required to hold capital in compliance with the Minnesota Department of Commerce and SEC capital requirements.
(6) Actual capital and regulatory capital requirements are determined in accordance with U.K. regulatory legislation. The actual capital
and the regulatory capital requirements at December 31, 2013 represent actual capital at December 31, 2013 and management’s
assessment at September 30, 2013 of the risk based requirements, as specified by FCA regulations.
(7) In January 2013, we completed the conversion of our federal savings bank subsidiary, Ameriprise Bank, FSB, to a limited powers
national trust bank, which conversion included changing the name of this subsidiary to Ameriprise National Trust Bank. As of
December 31, 2013 and 2012, this subsidiary was required to maintain capital in compliance with the Office of the Comptroller of
the Currency (‘‘OCC’’) regulations and policies.
In addition to the particular regulations restricting dividend payments and establishing subsidiary capitalization
requirements, we take into account the overall health of the business, capital levels and risk management considerations
in determining a dividend strategy for payments to our company from our subsidiaries, and in deciding to use cash to
make capital contributions to our subsidiaries.
During the year ended December 31, 2013, the parent holding company received cash dividends or a return of capital
from its subsidiaries of $1.6 billion (including $800 million from RiverSource Life and $130 million from Ameriprise Bank)
and contributed cash to its subsidiaries of $106 million. During the year ended December 31, 2012, the parent holding
company received cash dividends or a return of capital from its subsidiaries of $1.7 billion (including $865 million from
RiverSource Life and $250 million from Ameriprise Bank) and contributed cash to its subsidiaries of $131 million.
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