Voya 2014 Annual Report Download - page 419

Voya Financial, Inc.
Schedule II
Condensed Financial Information of Parent
Statements of Operations
For the Years Ended December 31, 2014, 2013 and 2012
(In millions)
Year Ended December 31,
2014 2013 2012
Revenues:
Net investment income ........................................... $ 11.5 $ 36.4 $ 2.4
Net realized capital gains (losses) .................................. (3.4) (39.2) —
Other revenue .................................................. 3.2 4.2 12.5
Total revenues ...................................................... 11.3 1.4 14.9
Expenses:
Interest expense ................................................ 149.1 129.2 74.1
Other expense .................................................. 4.1 8.8 30.5
Total expenses ..................................................... 153.2 138.0 104.6
Loss before income taxes and equity in earnings of subsidiaries ............... (141.9) (136.6) (89.7)
Income tax (benefit) expense .......................................... (214.8) (208.0) (349.4)
Net income (loss) before equity in earnings of subsidiaries .................. 72.9 71.4 259.7
Equity in earnings of subsidiaries ....................................... 2,226.8 529.1 213.3
Net income (loss) available to Voya Financial, Inc.’s common shareholders ..... $2,299.7 $ 600.5 $ 473.0
The accompanying notes are an integral part of this Condensed Financial Information.
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