Unum 2011 Annual Report Download - page 94
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Unum 2011 Annual Report
92
Year Ended December 31
(in millions of dollars, except share data) 2011 2010 2009
Revenue
Premium Income $ 7,514.2 $ 7,431.4 $ 7,475.5
Net Investment Income 2,519.6 2,495.5 2,346.6
Realized Investment Gain (Loss)
Total Other-Than-Temporary Impairment Loss on Fixed Maturity Securities (19.9) (15.9) (215.5)
Other-Than-Temporary Impairment Loss Recognized in
Other Comprehensive Income — — 3.7
Net Impairment Loss Recognized in Earnings (19.9) (15.9) (211.8)
Other Net Realized Investment Gain 15.0 40.6 223.5
Net Realized Investment Gain (Loss) (4.9) 24.7 11.7
Other Income 249.1 241.6 257.2
Total Revenue 10,278.0 10,193.2 10,091.0
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 7,209.5 6,354.1 6,291.6
Commissions 879.2 855.4 837.1
Interest and Debt Expense 143.3 141.8 125.4
Deferral of Acquisition Costs (628.3) (607.7) (593.6)
Amortization of Deferred Acquisition Costs 533.8 547.1 526.2
Impairment of Deferred Acquisition Costs 289.8 — —
Compensation Expense 808.0 776.3 793.3
Other Expenses 785.5 794.9 818.7
Total Benefits and Expenses 10,020.8 8,861.9 8,798.7
Income Before Income Tax 257.2 1,331.3 1,292.3
Income Tax (Benefit)
Current 230.5 301.0 377.9
Deferred (208.7) 144.2 61.8
Total Income Tax 21.8 445.2 439.7
Net Income $ 235.4 $ 886.1 $ 852.6
Net Income Per Common Share
Basic $ 0.78 $ 2.72 $ 2.57
Assuming Dilution $ 0.78 $ 2.71 $ 2.57
See notes to consolidated financial statements.
Consolidated Statements of Income