Ameriprise 2014 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 2014 Ameriprise annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 214

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214

Item 6. Selected Financial Data
The following table sets forth selected consolidated financial information derived from our audited Consolidated Financial
Statements as of December 31, 2014, 2013, 2012, 2011 and 2010 and for the five-year period ended December 31,
2014. 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,
2014 2013 2012 2011 2010
(in millions, except per share data)
Income Statement Data:
Total net revenues $ 12,268 $ 11,199 $ 10,217 $ 10,192 $ 9,512
Total expenses 9,721 9,229 8,979 8,745 8,043
Income from continuing operations $ 2,002 $ 1,478 $ 903 $ 1,070 $ 1,176
Loss from discontinued operations, net of tax (2) (3) (2) (60) (24)
Net income 2,000 1,475 901 1,010 1,152
Less: Net income (loss) attributable to noncontrolling
interests 381 141 (128) (106) 163
Net income attributable to Ameriprise Financial $ 1,619 $ 1,334 $ 1,029 $ 1,116 $ 989
Earnings Per Share Attributable to Ameriprise
Financial, Inc. Common Shareholders:
Basic
Income from continuing operations $ 8.46 $ 6.58 $ 4.71 $ 4.87 $ 3.94
Loss from discontinued operations (0.01) (0.02) (0.01) (0.25) (0.10)
Net income $ 8.45 $ 6.56 $ 4.70 $ 4.62 $ 3.84
Diluted
Income from continuing operations $ 8.31 $ 6.46 $ 4.63 $ 4.77 $ 3.86
Loss from discontinued operations (0.01) (0.02) (0.01) (0.24) (0.09)
Net income $ 8.30 $ 6.44 $ 4.62 $ 4.53 $ 3.77
Cash Dividends Declared Per Common Share $ 2.26 $ 2.01 $ 1.15 $ 1.15 $ 0.71
December 31,
2014 2013 2012 2011 2010
(in millions)
Balance Sheet Data:
Investments(1) $ 35,582 $ 35,735 $ 36,877 $ 39,953 $ 37,653
Separate account assets 83,256 81,223 72,397 66,780 68,330
Total assets 148,810 144,576 134,729 132,307 129,523
Policyholder account balances, future policy benefits
and claims 30,350 29,620 31,217 31,710 30,195
Separate account liabilities 83,256 81,223 72,397 66,780 68,330
Customer deposits 7,664 7,062 6,526 9,850 8,779
Long-term debt(1) 3,062 2,720 2,403 2,393 2,317
Short-term borrowings 200 500 501 504 397
Total liabilities 139,505 135,344 125,017 122,613 119,573
Total Ameriprise Financial, Inc. shareholders’ equity 8,124 8,192 9,092 8,988 9,390
Noncontrolling interests’ equity 1,181 1,040 620 706 560
(1) Represents amounts before consolidated investment entities, as reported on our Consolidated Balance Sheets.
44