Assurant 2012 Annual Report Download - page 136
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ASSURANT, INC.2012 Form10-KF-60
Schedule II—Condensed Income Statement (Parent Only)
ASSURANT, INC.
(in thousands)
Years Ended December31,
2012 2011 2010
Revenues
Net investment income $ 8,428 $ 4,496 $ 3,633
Net realized gains (losses) on investments 7,464 (6,119) 1,468
Fees and other income 92,320 88,183 94,214
Equity in undistributed net income of subsidiaries 601,356 576,500 418,506
TOTAL REVENUES 709,568 663,060 517,821
Expenses
General and administrative expenses 188,457 176,872 182,066
Interest expense 60,308 60,357 60,646
Goodwill impairment 0 0 37,000
TOTAL EXPENSES 248,765 237,229 279,712
Income before bene t for income taxes 460,803 425,831 238,109
Bene t for income taxes 22,902 113,125 40,498
NET INCOME $ 483,705 $ 538,956 $ 278,607