Assurant 2011 Annual Report Download - page 137
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ASSURANT, INC.2011 Form10-K F-61
Schedule II—Condensed Income Statement (Parent Only)
ASSURANT, INC.
(in thousands )
Years Ended December31,
2011 2010 2009
Revenues
Net investment income $ 4,496 $ 3,633 $ 1,104
Net realized (losses) gains on investments (6,119) 1,468 (1,223)
Fees and other income 88,183 94,214 92,936
Equity in undistributed and distributed net income of subsidiaries 583,383 419,076 534,781
TOTAL REVENUES 669,943 518,391 627,598
Expenses
General and administrative expenses 176,872 182,066 174,889
Interest expense 60,357 60,646 60,669
Goodwill impairment — 37,000 6,832
TOTAL EXPENSES 237,229 279,712 242,390
Income before bene t for income taxes 432,714 238,679 385,208
Bene t for income taxes 113,125 40,498 45,366
NET INCOME $ 545,839 $ 279,177 $ 430,574