10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ELEVANCE HEALTH, INC. | |||
Ticker: ELV Fiscal Year: 2009 | |||
Statement Of Income Insurance Based Revenue | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 18, 2010) | |||
(In Thousands, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
Revenues | |||
Premiums | $ 56,382,000 | 57,101,000 | 55,865,000 |
Administrative fees | 3,840,300 | 3,836,600 | 3,673,600 |
Other revenue | 606,300 | 641,600 | 617,000 |
Total operating revenue | 60,828,600 | 61,579,200 | 60,155,600 |
Net investment income | 801,000 | 851,100 | 1,001,100 |
Gain on sale of business | 3,792,300 | 0 | 0 |
Net realized gains on investments | 56,400 | 28,700 | 270,900 |
Other-than-temporary impairment losses on investments: | |||
Total other-than-temporary impairment losses on investments | (538,400) | (1,207,900) | (259,700) |
Portion of other-than-temporary impairment losses recognized in other comprehensive income | 88,200 | 0 | 0 |
Other-than-temporary impairment losses recognized in income | (450,200) | (1,207,900) | (259,700) |
Total revenues | 65,028,100 | 61,251,100 | 61,167,900 |
Expenses | |||
Benefit expense | 46,571,100 | 47,742,400 | 46,037,200 |
Selling, general and administrative expense: | |||
Selling expense | 1,685,500 | 1,778,400 | 1,716,800 |
General and administrative expense | 7,973,600 | 7,242,100 | 6,984,700 |
Total selling, general and administrative expense | 9,659,100 | 9,020,500 | 8,701,500 |
Cost of drugs | 419,000 | 468,500 | 432,700 |
Interest expense | 447,400 | 469,800 | 447,900 |
Amortization of other intangible assets | 266,000 | 286,100 | 290,700 |
Impairment of goodwill and other intangible assets | 262,500 | 141,400 | 0 |
Total expenses | 57,625,100 | 58,128,700 | 55,910,000 |
Income before income tax expense | 7,403,000 | 3,122,400 | 5,257,900 |
Income tax expense | 2,657,100 | 631,700 | 1,912,500 |
Net income | 4,745,900 | 2,490,700 | 3,345,400 |
Net income per share | |||
Basic | 9.96 | 4.79 | 5.64 |
Diluted | 9.88 | 4.76 | 5.56 |
External Links | |
ELEVANCE HEALTH, INC. (ELV) Fiscal Year 2009 | |
Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |