Humana 2013 Annual Report Download - page 100
Download and view the complete annual report
Please find page 100 of the 2013 Humana annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
 |
 |
Humana Inc.
CONSOLIDATED STATEMENTS OF INCOME
For the year ended December 31,
2013 2012 2011
(in millions, except per share results)
Revenues:
Premiums ................................................. $38,829 $37,009 $35,106
Services .................................................. 2,109 1,726 1,360
Investment income ......................................... 375 391 366
Total revenues ......................................... 41,313 39,126 36,832
Operating expenses:
Benefits .................................................. 32,564 30,985 28,823
Operating costs ............................................ 6,355 5,830 5,395
Depreciation and amortization ................................ 333 295 270
Total operating expenses ................................. 39,252 37,110 34,488
Income from operations ......................................... 2,061 2,016 2,344
Interest expense ................................................ 140 105 109
Income before income taxes ...................................... 1,921 1,911 2,235
Provision for income taxes ....................................... 690 689 816
Net income ................................................... $ 1,231 $ 1,222 $ 1,419
Basic earnings per common share .................................. $ 7.81 $ 7.56 $ 8.58
Diluted earnings per common share ................................ $ 7.73 $ 7.47 $ 8.46
Dividends declared per common share .............................. $ 1.07 $ 1.03 $ 0.75
The accompanying notes are an integral part of the consolidated financial statements.
90