Cigna 2014 Annual Report Download - page 5

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2014 Performance Highlights: Another Year
of Strong Results
First, let’s review Cigna’s 2014 financial performance.
Cigna’s full-year consolidated revenue increased
by eight percent, to approximately $35 billion.
Adjusted income from operations* was $2 billion,
or $7.43 per share – representing a per-share
increase of nine percent compared with 2013.
Cigna reported shareholders’ net income for the
full- year of $2.1 billion.
In the five years since implementing our “Go Deep,
Go Global, Go Individual” strategy, Cigna has
delivered compound annual growth of 14 percent
for revenues and 14 percent for adjusted income
from operations* on a per share basis.
Further, over the past five years, we have
continued to deliver industry leading medical
cost trend results.
3
David M. Cordani
President and
Chief Executive Ocer
Cigna Corporation
* Adjusted Income from Operations and Adjusted Income from Operations per share are non-GAAP measures used to describe the Company’s financial
results. Definitions of Adjusted Income from Operations on a consolidated and segment basis are contained in Management’s Discussion and Analysis of
Financial Condition and Results of Operations (MD&A) on page 32 and 45, respectively, of the Form 10-K included in this annual report. The MD&A also
includes reconciliations of Adjusted Income from Operations to the most directly comparable GAAP measures.
“CIGNA WILL DOUBLE THE SIZE OF OUR
BUSINESS IN 7 TO 8 YEARS.”
We also continue to innovate through meaningful
investments ranging from new clinical programs
and aligned customer incentives, to the expanded
use of enabling technologies and programs for
health care professionals.
We believe that Cigna has the right strategy
and growth framework to continue meeting
and exceeding the needs of our customers and
clients – giving us the foundation to achieve our
goals, including:
› Growing revenues by eight to ten percent
in 2015;
› Doubling the size of our business over the
next seven to eight years and;
› Delivering on our long-term Earnings Per
Share objective of 10 to 13 percent compound
growth on an annual basis.