Mercury Insurance 2015 Annual Report Download - page 111
Download and view the complete annual report
Please find page 111 of the 2015 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.-
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
 |
 |
See accompanying notes to condensed financial information.
See accompanying Report of Independent Registered Public Accounting Firm
S-5
SCHEDULE II, Continued
MERCURY GENERAL CORPORATION
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
STATEMENTS OF OPERATIONS
Year Ended December 31,
2015 2014 2013
(Amounts in thousands)
Revenues:
Net investment income $ 4,314 $ 4,478 $ 1,293
Net realized investment (losses) gains (7,026)(9,428) 3,416
Total revenues (2,712)(4,950) 4,709
Expenses:
Other operating expenses 7,526 5,971 2,924
Interest 2,127 1,746 318
Total expenses 9,653 7,717 3,242
(Loss) income before income taxes and equity in net income of
subsidiaries (12,365)(12,667) 1,467
Income tax (benefit) expense (4,708)(100) 3,310
Loss before equity in net income of subsidiaries (7,657)(12,567)(1,843)
Equity in net income of subsidiaries 82,136 190,516 113,986
Net income $ 74,479 $ 177,949 $ 112,143