10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

ELEVANCE HEALTH, INC.

Ticker: ELV   Fiscal Year: 2010

Consolidated Statements of Income

Period Ending Dec 31, 2010 10-K (Filed: Feb 17, 2011)

(In Thousands, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2010Dec 31, 2009Dec 31, 2008
Revenues
Premiums
$
53,973,600
56,382,00057,101,000
Administrative fees3,833,7003,840,3003,836,600
Other revenue36,500606,300641,600
Total operating revenue57,843,80060,828,60061,579,200
 
Net investment income803,300801,000851,100
Gain on sale of business 3,792,300 
Net realized gains on investments194,10056,40028,700
Other-than-temporary impairment losses on investments:
Total other-than-temporary impairment losses on investments(70,800)(538,400)(1,207,900)
Portion of other-than-temporary impairment losses recognized in other comprehensive income31,40088,200
Other-than-temporary impairment losses recognized in income(39,400)(450,200)(1,207,900)
Total revenues58,801,80065,028,10061,251,100
 
Expenses
Benefit expense44,926,90047,119,80048,265,700
Selling, general and administrative expense:
Selling expense1,610,3001,685,5001,778,400
General and administrative expense7,229,1007,424,9006,718,800
Total selling, general and administrative expense8,839,4009,110,4008,497,200
 
Cost of drugs419,000468,500
Interest expense418,900447,400469,800
Amortization of other intangible assets241,700266,000286,100
Impairment of goodwill and other intangible assets21,100262,500141,400
Total expenses54,448,00057,625,10058,128,700
 
Income before income tax expense4,353,8007,403,0003,122,400
 
Income tax expense1,466,7002,657,100631,700
Net income2,887,1004,745,9002,490,700
 
Net income per share
Basic7.039.964.79
Diluted6.949.884.76
External Links 
ELEVANCE HEALTH, INC. (ELV) Fiscal Year 2010
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