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: 2013

Consolidated Statements of Income

Period Ending Dec 31, 2013 10-K (Filed: Feb 20, 2014)

(In Thousands, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2013Dec 31, 2012Dec 31, 2011
Revenues
Premiums
$
66,119,100
56,496,70055,969,600
Administrative fees4,031,9003,934,1003,854,600
Other revenue40,40083,20041,000
Total operating revenue70,191,40060,514,00059,865,200
 
Net investment income659,100686,100703,700
Net realized gains on investments271,900334,900235,100
Other than temporary impairment losses on investments:
Total other-than-temporary impairment losses on investments(100,600)(41,200)(114,700)
Portion of other-than-temporary impairment losses recognized in other comprehensive income1,7003,40021,400
Other-than-temporary impairment losses recognized in income(98,900)(37,800)(93,300)
Total revenues71,023,50061,497,20060,710,700
 
Expenses
Benefit expense56,237,10048,213,60047,647,500
Selling, general and administrative expense:
Selling expense1,526,9001,586,9001,616,800
General and administrative expense8,426,0007,093,6006,818,800
Total selling, general and administrative expense9,952,9008,680,5008,435,600
 
Interest expense602,700511,800430,300
Amortization of other intangible assets245,300233,000239,400
Loss on extinguishment of debt145,30000
Total expenses67,183,30057,638,90056,752,800
 
Income from continuing operations before income tax expense3,840,2003,858,3003,957,900
 
Income tax expense1,205,9001,207,3001,311,200
Income from continuing operations2,634,3002,651,0002,646,700
 
(Loss) income from discontinued operations, net of tax(144,600)4,5000
Net income2,489,7002,655,5002,646,700
 
Basic net income (loss) per share:
Basic - continuing operations (in dollars per share)8.838.257.35
Basic - discontinued operations (in dollars per share)(0.49)0.010.00
Basic net income per share8.348.267.35
 
Diluted net income (loss) per share:
Diluted - continuing operations (in dollars per share)8.678.177.25
Diluted - discontinued operations (in dollars per share)(0.47)0.010.00
Diluted net income per share8.208.187.25
 
Dividends per share1.501.151.00
External Links 
ELEVANCE HEALTH, INC. (ELV) Fiscal Year 2013
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