Laserfiche WebLink
Liberty Mutual Holding Company Inc. <br />Consolidated Statements of Income <br />(dollars in millions) <br />(Unaudited) <br />Revenues <br />Premiums earned <br />Net investment income <br />Net realized investment gains <br />Fee and other revenues <br />Total revenues <br />Claims, Benefits and Expenses <br />Benefits, claims and claim adjustment expenses <br />Insurance operating costs and expenses <br />Amortization of deferred policy acquisition costs <br />Interest expense <br />Interest credited to policyholders <br />Total claims, benefits and expenses <br />Income from continuing operations before income tax expense <br />Federal and foreign income tax expense <br />Years Ended December 31, <br />2007 2006 2005 <br />$ 21,887 $ 19,867 $ 17,631 <br />2,885 2,548 2,247 <br />436 343 523 <br />753 762 760 <br />25,961 23,520 21,161 <br />16,092 14,609 14,272 <br />3,856 3,425 2,912 <br />3,297 2,827 2,480 <br />320 212 184 <br />198 189 183 <br />23,763 21,262 20,031 <br /> <br />2,198 2,258 1,130 <br />680 632 91 <br />Income from continuing operations before discontinued operations 1,518 1,626 1,039 <br />Discontinued operations, net of tax - - (12) <br />Net income $ 1,518 $ 1,626 $ 1,027 <br />See accompanying notes to the unaudited consolidated financial statements. <br />