 |
Financial Highlights
Statutory basis
|
Balance Sheet |
Statutory basis |
|
We Have |
|
2007 |
2006 |
|
|
|
Cash and Investments |
$672,563,000 |
$604,432,000 |
|
Accounts Receivable |
174,327,000 |
173,532,000 |
|
Property and Equipment |
28,160,000 |
33,832,000 |
|
Prepaids and Other Assets |
82,692,000 |
80,003,000 |
|
Total Assets: |
|
$957,742,000 |
$891,799,000 |
|
We Owe |
|
2007 |
2006 |
|
|
|
Claims Payable |
$173,260,000 |
$182,841,000 |
|
Unearned Premiums |
10,771,000 |
12,689,000 |
|
Accounts Payable and Other Liabilities |
262,379,000 |
201,223,000 |
|
Total Liabilities: |
|
$446,410,000 |
$396,753,000 |
|
We Have Set Aside |
|
2007 |
2006 |
|
|
|
Unallocated Reserves* |
511,332,000 |
495,046,000 |
Total Liabilities and
Unallocated Reserves: |
|
$957,742,000 |
$891,799,000 |
|
|
|
2007 |
2006 |
|
|
|
Premium Income |
$981,830,000 |
$961,885,000 |
|
Investment Income |
30,728,000 |
22,665,000 |
|
Other Income (Expense) |
(286,000) |
(3,146,000) |
|
Total Income: |
$1,012,272,000 |
$981,404,000 |
|
|
|
|
|
|
|
Claims Incurred |
$837,627,000 |
766,195,000 |
|
Increase (Decrease) in Policy Reserves |
(13,900,000) |
7,531,000 |
|
Operating Expenses |
143,207,000 |
132,302,000 |
|
Total Expenses: |
$966,934,000 |
$906,028,000 |
|
|
|
|
|
|
|
Net Income Before Tax |
$45,338,000 |
75,376,000 |
|
Federal Income Tax |
17,059,000 |
32,136,000 |
|
Net Income After Tax: |
$28,279,000 |
$43,240,000 |
*
Unallocated Reserves includes Arkansas Blue Cross' share of the equity of its affiliates
and represents $1,236.65 per insured member.
|
|