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XYZ Property & Casualty Company - Balance Sheet
(in millions of dollars)
        
2003

2002
Statement of Financial Position


Assets


Investments


Marketable Securities


Available for Sale Securities - Fair Value


Available for Sale Securities - Debt - Fair Value


Available for Sale Securities - Fixed Maturity - Fair Value
27,400.2
23,137.5
Available for Sale Securities - Fixed Maturity - Amortized Cost
26,697
22,228.2
Available for Sale Securities - Equity - Fair Value


Available for Sale Securities - Equity - Preferred Stock - Fair Value
2,336.4
1,970.1
Available for Sale Securities - Equity - Preferred Stock - Amortized Cost
2,253.9
1,895.7
Available for Sale Securities - Equity - Common Stock - Fair Value
5,916.3
4,041.9
Available for Sale Securities - Equity - Common Stock - Amortized Cost
4,771.8
4,275.9
Short Term Investments - Fair Value
1,944
1,703.4
Market Value
1,944
1,703.4
Investments - Total
37,596.9
30,852.9
Cash and Cash Equivalents
36.3
50.7
Accrued Investment Income
292.2
233.7
Premiums Receivable


Premiums Receivable - Allowance for Doubtful Accounts
200.4
163.8
Premiums Receivable, Net
6,238.8
5,228.4
Reinsurance Recoverable
813.9
647.1
Reinsurance Recoverable on Paid Losses
124.2
104.4
Prepaid Expenses - Current


Prepaid Reinsurance Premiums
344.1
290.1
Deferred Policy Acquisition Costs
1,236.9
1,090.5
Income Taxes Receivable, Net
244.8
657.6
Property, Plant and Equipment, Net


Accumulated Depreciation and Amortization
1,429.2
1,177.2
Property, Plant and Equipment, Net
1,754.1
1,509.3
Other Assets
286.5
132.9
Assets - Total
48,844.5
40,693.2
Liabilities and Stockholders' Equity


Liabilities


Policy Reserves and Benefits


Unearned Premiums
11,684.1
9,912.9
Loss and Loss Adjustment Expense Reserves
13,728.9
11,439
Accounts Payable and Accrued Expenses


Accounts Payable and Accrued Expenses - Total
3,870.3
3,570.3
Debt and Capital Lease Obligations - Long Term


Long Term Debt
4,469.4
4,467
Liabilities - Total
33,752.7
29,389.2
Stockholder's Equity


Common Stock Value (Excluding Additional Paid in Capital) - All Classes


Common Stock


Common Stock - Value (Excluding Additional Paid in Capital)
649.2

Common Stock - Par/Stated Value Per Share
1

Common Stock - Shares Authorized
900000000

Common Stock - Shares Issued
690300000

Common Stock


Common Stock - Value (Excluding Additional Paid in Capital)

654
Common Stock - Par/Stated Value Per Share

1
Common Stock - Shares Authorized

900000000
Common Stock - Shares Issued

690300000
Treasury Stock Value - All Types and Classes


Treasury Stock


Treasury Stock - Shares
41100000

Treasury Stock


Treasury Stock - Shares

36300000
Additional Paid in Capital
2,064.9
1,754.1
Accumulated Comprehensive Income


Unearned Compensation


Deferred Compensation on Restricted Stock
-86.7
0
Unrealized Gain/(Loss) on Marketable Securities


Unrealized Gain/(Loss) on Marketable Securities, Net of Tax Effect
1,254.6
487.2
Deferred Hedging Gain/(Loss), Net of Tax Effect
32.1
35.1
Cumulative Translation Adjustment, Net of Tax Effect
-11.7
-14.4
Retained Earnings


Retained Earnings - Total
11,189.4
8,388
Stockholders' Equity - Total
15,091.8
11,304
Liabilities and Stockholders' Equity - Total
48,844.5
40,693.2