Principal Financial Group 2009 Annual Report Download - page 22

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FinAnCiAL HiGHLiGHTS
Principal Financial Group, Inc.
2009
The Principal® delivered solid operating results for
2009, in a year that demonstrated the resilience
of our businesses and the benefits of business and
investment portfolio diversification.
During some of the most challenging capital market
and economic conditions in 75 years, we delivered
$804 million of operating earnings—a decrease of
only 15 percent—and $590 million of net income,
an increase of 39 percent compared to Dec. 31, 2008.
Total assets under management are up $187 billion1
since we became a public company in 2001—
a compounded annual growth rate of 14 percent.
And while the economic recovery will continue to cause
some challenges, we remain confident that our strategy
focusing on high-growth, high-return businesses, along
with discipline and diversification, will position us for
continuing growth.
Customers2
(in millions)
2009
2008
2007
2006
2005
Assets Under Management
(in billions)
2009
2008
2007
2006
2005
Dividends Paid on
Common Stock
2009
2008
2007
2006
2005
Common Share Price
As of Year End
2009
2008
2007
2006
2005
the principal financial group
20
18.9
19.1
18.6
17 17.6
15.9
$0.50
$0.45
$0.90
$0.80
$0.65
$285
$247
$311
$257
$195
$24.04
$22.57
$68.84
$58.70
$47.43