United Healthcare 2007 Annual Report Download - page 53

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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
UnitedHealth Group
Consolidated Statements of Operations
For the Year Ended December 31,
(in millions, except per share data) 2007 2006 2005
Revenues
Premiums ...................................... $ 68,781 $ 65,666 $ 42,096
Services ....................................... 4,608 4,268 3,666
Products ....................................... 898 737 158
Investment and Other Income ...................... 1,144 871 505
Total Revenues .............................. 75,431 71,542 46,425
Operating Costs
Medical Costs ................................... 55,435 53,308 33,669
Operating Costs ................................. 10,583 9,981 7,134
Cost of Products Sold ............................. 768 599 89
Depreciation and Amortization ..................... 796 670 453
Total Operating Costs ......................... 67,582 64,558 41,345
Earnings From Operations ........................... 7,849 6,984 5,080
Interest Expense ................................. (544) (456) (241)
Earnings Before Income Taxes ........................ 7,305 6,528 4,839
Provision for Income Taxes ........................ (2,651) (2,369) (1,756)
Net Earnings ....................................... $ 4,654 $ 4,159 $ 3,083
Basic Net Earnings per Common Share ................. $ 3.55 $ 3.09 $ 2.44
Diluted Net Earnings per Common Share ............... $ 3.42 $ 2.97 $ 2.31
Basic Weighted-Average Number of Common Shares
Outstanding ...................................... 1,312 1,344 1,265
Dilutive Effect of Common Stock Equivalents ........... 49 58 68
Diluted Weighted-Average Number of Common Shares
Outstanding ...................................... 1,361 1,402 1,333
See Notes to the Consolidated Financial Statements.
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