Unum 2013 Annual Report Download - page 172

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170 / UNUM 2013 ANNUAL REPORT
Appendix
Reconciliation of Non-GAAP Financial Measures
Year Ended December 31
(per diluted common share) 2008 2007* 2006* 2005*
After-tax Operating Income $ 2.54 $ 2.25 $ 1.85 $ 1.69
Net Realized Investment Gain (Loss), Net of Tax (0.89) (0.12) 0.01 (0.02)
Non-operating Retirement-related Loss, Net of Tax (0.03) (0.04) (0.05) (0.05)
Regulatory Reassessment Charges, Net of Tax — (0.10) (0.79) (0.16)
Special Tax Items and Debt Extinguishment Costs, Net of Tax — (0.10) 0.23 0.14
Other, Net of Tax — — (0.04) 0.01
Income from Continuing Operations 1.62 1.89 1.21 1.61
Income from Discontinued Operations — 0.02 0.02 0.03
Net Income $ 1.62 $ 1.91 $ 1.23 $ 1.64
* Does not reflect the impact of ASU 2010-26.
After-Tax Average Operating
Operating Allocated Return
(in millions) Income (Loss) Equity on Equity
Year Ended December 31, 2013
Unum US $563.1 $4,141.8 13.6%
Unum UK 104.5 744.3 14.0%
Colonial Life 185.2 1,122.6 16.5%
Principal Operating Businesses $852.8 $6,008.7 14.2%
Closed Block 71.3 2,580.4
Corporate (41.6) (856.8)
Total $882.5 $7,732.3 11.4%
After-Tax Average Operating
Operating Allocated Return
(in millions) Income Equity on Equity
Year Ended December 31, 2012 $887.5 $7,241.8 12.3%
Year Ended December 31, 2011 905.4 7,427.0 12.2%
Year Ended December 31, 2010 894.3 7,499.7 11.9%
Year Ended December 31, 2009 875.6 6,806.0 12.9%
December 31,
(in millions) 2013 2012 2011 2010 2009 2008
Total Stockholders’ Equity, As Reported $8,659.1 $8,612.6 $8,169.7 $8,484.9 $8,045.0 $5,941.5
Net Unrealized Gain (Loss) on Securities 135.7 873.5 614.8 416.1 382.7 (837.5)
Net Gain on Cash Flow Hedges 396.3 401.6 408.7 361.0 370.8 458.5
Total Stockholders’ Equity, As Adjusted $8,127.1 $7,337.5 $7,146.2 $7,707.8 $7,291.5 $6,320.5
Average Equity, As Adjusted $7,732.3 $7,241.8 $7,427.0 $7,499.7 $6,806.0
December 31,
(per share) 2008
Total Stockholders’ Equity (Book Value) $17.94
Net Unrealized Loss on Securities (2.53)
Net Gain on Cash Flow Hedges 1.38
Subtotal 19.09
Foreign Currency Translation Adjustment (0.52)
Subtotal 19.61
Unrecognized Pension and Postretirement
Benefit Costs (1.23)
Total Stockholders’ Equity, Excluding
Accumulated Other Comprehensive Income $20.84