Mercury Insurance 2014 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2014 Mercury Insurance 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 114

  • 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


/RVVHV *DLQV5HFRJQL]HGLQ 1HW ,QFRPH
<HDU(QGHG 'HFHPEHU 
6DOHV
&KDQJHV LQ IDLU
YDOXH 7RWDO
$PRXQWVLQ WKRXVDQGV
1HWUHDOL]HG ORVVHVJDLQVIURPLQYHVWPHQWV
)L[HG PDWXULW\VHFXULWLHV      
(TXLW\ VHFXULWLHV    
6KRUWWHUPLQYHVWPHQWV  
7RWDOUHWXUQ VZDSV  
2SWLRQVVROG   
7RWDO      
*DLQV/RVVHV 5HFRJQL]HGLQ 1HW ,QFRPH
<HDU(QGHG 'HFHPEHU 
6DOHV
&KDQJHV LQ IDLU
YDOXH 7RWDO
$PRXQWVLQ WKRXVDQGV
1HW UHDOL]HGJDLQVORVVHVIURP LQYHVWPHQWV
)L[HG PDWXULW\VHFXULWLHV     
(TXLW\ VHFXULWLHV    
6KRUWWHUP LQYHVWPHQWV  
7RWDO UHWXUQ VZDS   
2SWLRQVVROG   
7RWDO    
BBBBBBBBBB
 7KH FKDQJHV LQ IDLU YDOXH RI WKH LQYHVWPHQW SRUWIROLR UHVXOW IURP WKH DSSOLFDWLRQ RI WKH IDLU YDOXH RSWLRQ
 7KH &RPSDQ\µV PXQLFLSDO ERQG KROGLQJV UHSUHVHQW WKH PDMRULW\ RI WKH IL[HG PDWXULW\ SRUWIROLR 7KH IDLU YDOXH LQFUHDVHV LQ
 ZHUH SULPDULO\ FDXVHG E\ WKH RYHUDOO LPSURYHPHQW LQ WKH PXQLFLSDO PDUNHW DQG WKH IDLU YDOXH GHFUHDVHV LQ  ZHUH
SULPDULO\ FDXVHG E\ WKH RYHUDOO GHFOLQH LQ WKH PXQLFLSDO PDUNHW
 3ULRU WR WKH IRXUWK TXDUWHU RI  WKH &RPSDQ\ UHDOL]HG JDLQV E\ VHOOLQJ HTXLW\ VHFXULWLHV 'XULQJ WKH IRXUWK TXDUWHU RI
 GHFUHDVHV LQ WKH IDLU YDOXH RI HTXLW\ VHFXULWLHV ZHUH SULPDULO\ GXH WR D GHFOLQH LQ WKH YDOXH RI WKH &RPSDQ\V KROGLQJV
LQ HQHUJ\ VWRFNV
 )RU  WKH LQFUHDVHV LQ IDLU YDOXH ZHUH SULPDULO\ FDXVHG E\ WKH RYHUDOO LPSURYHPHQW LQ WKH HTXLW\ PDUNHWV