Income Statements: Phoenix Companies Inc (PNX)
43.00USD
24 May 2013
$0.21 (+0.49%)
$42.79
$41.90
$43.50
$40.78
57,894
38,848
$44.73
$20.51
|
In Millions of U.S. Dollars (except for per share items) |
2012 2012-06-30 Period Length 3 Months |
|---|---|
| Total Premiums Earned | 241.5 |
| Net Investment Income | 218.2 |
| Realized Gains (Losses) | (3.1) |
| Other Revenue, Total | (5.1) |
| Total Revenue | 451.5 |
| Losses, Benefits, and Adjustments, Total | 343.3 |
| Amortization of Policy Acquisition Costs | 41.8 |
| Selling/General/Admin. Expenses, Total | -- |
| Depreciation/Amortization | -- |
| Interest Expense, Net - Operating | 7.9 |
| Interest Expense(Income) - Net Operating | -- |
| Unusual Expense (Income) | -- |
| Other Operating Expenses, Total | 60.8 |
| Total Operating Expense | 453.8 |
| Operating Income | (2.3) |
| Interest Expense, Net Non-Operating | -- |
| Interest/Invest Income - Non-Operating | -- |
| Interest Income(Exp), Net Non-Operating | -- |
| Gain (Loss) on Sale of Assets | -- |
| Other, Net | -- |
| Net Income Before Taxes | (2.3) |
| Provision for Income Taxes | 4.6 |
| Net Income After Taxes | (6.9) |
| Minority Interest | -- |
| Equity In Affiliates | -- |
| U.S. GAAP Adjustment | -- |
| Net Income Before Extra. Items | (6.9) |
| Accounting Change | -- |
| Discontinued Operations | (6.3) |
| Extraordinary Item | -- |
| Tax on Extraordinary Items | -- |
| Net Income | (13.2) |
| Preferred Dividends | -- |
| General Partners' Distributions | -- |
| Miscellaneous Earnings Adjustment | -- |
| Pro Forma Adjustment | -- |
| Interest Adjustment - Primary EPS | -- |
| Income Available to Com Excl ExtraOrd | (6.9) |
| Income Available to Com Incl ExtraOrd | (13.2) |
| Basic Weighted Average Shares | 5.81 |
| Basic EPS Excluding Extraordinary Items | (1.187) |
| Basic EPS Including Extraordinary Items | (2.271) |
| Dilution Adjustment | 0.0 |
| Diluted Weighted Average Shares | 5.81 |
| Diluted EPS Excluding ExtraOrd Items | (1.187) |
| Diluted EPS Including ExtraOrd Items | (2.271) |
| DPS - Common Stock Primary Issue | 0.000 |
| Gross Dividends - Common Stock | 0.0 |
| Total Special Items | -- |
| Normalized Income Before Taxes | (2.3) |
| Effect of Special Items on Income Taxes | -- |
| Inc Tax Ex Impact of Sp Items | 4.6 |
| Normalized Income After Taxes | (6.9) |
| Normalized Inc. Avail to Com. | (6.9) |
| Basic Normalized EPS | (1.187) |
| Diluted Normalized EPS | (1.187) |
Fitch Maintains Rating Watch Negative on Phoenix Companies, Inc.
(The following statement was released by the rating agency) NEW YORK, May 22 (Fitch) Fitch Ratings has maintained its Rating Watch Negative on the 'B' holding company Issuer Default Rating of Phoenix Companies, Inc.'s (PNX) and the 'BB+' Insurer Financial Strength (IFS) ratings of PNX's primary insurance operating subsidiaries following the company's announcement that it has won approval from bondholders of a further delay of its GAAP filings until Dec. 31, 2013. KEY RATING DRIVERS Toda
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