XYZ Property & Casualty Company - Income StatementNote and Disclaimer: These XBRL documents are presented solely as theoretical examples of XBRL application and should not be used or relied upon for any other purpose. XBRL-US makes no representation as to their accuracy or completeness, or that they fairly represent the financial disclosure(s) of any financial reporting entity, public or private.
Further, neither XBRL-US nor its members have audited, reviewed, compiled or performed any other professional service in regard to the XBRL document within which this disclaimer appears, nor in regard to any electronic document from which the current document was prepared, nor any schemas, linkbases or other meta data included therein or to which either refers. We offer no opinion about the correctness, completeness, timeliness, accuracy nor any other characteristic of this XBRL document, documents from which it was prepared, nor any schemas, linkbases, or other meta data to which they refer. Users should find the original document, if such exists, and read all disclaimers or opinions therein.
2003 | 2002 | 2001 |
||||
|---|---|---|---|---|---|---|
| Income Statement |
|
|
|
|||
| Revenue |
|
|
|
|||
| Premium Revenue |
34,023
|
26,650.5
|
21,485.4
|
|||
| Interest Income/(Expense), Gross |
1,395.9
|
1,365.6
|
1,240.8
|
|||
| Net Gain/(Loss) on Sale of Securities |
38.1
|
-235.8
|
-335.7
|
|||
| Service Revenues |
125.4
|
102.9
|
74.1
|
|||
| Other Fees and Commissions |
93.6
|
0
|
0
|
|||
| Revenue - Total |
35,676
|
27,883.2
|
22,464.6
|
|||
| Expense |
|
|
|
|||
| Losses and Loss Adjustment Expenses |
22,921.2
|
18,897.3
|
15,792.3
|
|||
| Policy Acquisition Costs |
3,747.3
|
3,094.8
|
2,594.7
|
|||
| Underwriting Expenses - Other |
3,030.3
|
2,622.6
|
2,060.7
|
|||
| Investment Expenses |
34.5
|
34.5
|
38.1
|
|||
| Service Expenses |
77.1
|
66
|
59.4
|
|||
| Interest Expense |
286.5
|
223.8
|
156.6
|
|||
| Expense - Total |
30,096.9
|
24,939
|
20,701.8
|
|||
| Income/(Loss) from Continuing Operations Before Income Taxes |
5,579.1
|
2,944.2
|
1,762.8
|
|||
| Provision for Income Taxes |
|
|
|
|||
| Provision for Income Taxes - Total |
1,812.9
|
942.3
|
528.6
|
|||
| Net Income |
3,766.2
|
2,001.9
|
1,234.2
|
|||
| Net Income Per Common Share |
|
|
|
|||
| Basic Earnings Per Share Details |
|
|
|
|||
| Weighted Average Shares Outstanding - Basic |
650.4
|
657
|
663
|
|||
| Basic Earnings Per Share |
5.79
|
3.05
|
1.86
|
|||
| Diluted Earnings Per Share Details |
|
|
|
|||
| Weighted Average Shares Outstanding - Diluted |
650.4
|
657
|
663
|
|||
| Net Effect of Diluted Stock Based Compensation |
11.1
|
12.6
|
12.6
|
|||
| Total Equivalent Shares |
661.5
|
669.6
|
675.6
|
|||
| Diluted Earnings Per Share |
5.69
|
2.99
|
1.83
|
|||