10 Year Financial Highlights
(dollars in millions, except per share amounts)
2009 2008 2007
STATEMENT OF OPERATIONS HIGHLIGHTS
Gross premiums written $ (548.8) $ 536.9 $ 1,031.4
Net premiums earned 797.4 1,022.8 841.5
Net investment income 493.5 494.1 465.0
Financial guarantee net other-than-temporary impairments
recognized in earnings (1,570.7) (70.9) -
Financial guarantee net realized investment gains 131.7 79.9 9.9
Net change in fair value of credit derivatives 3,812.9 (4,031.1) (5,928.0)
Financial services - investment income 70.7 255.9 445.3
Financial services - other revenue (207.2) (134.2) 4.1
Financial services net other-than-temporary impairments
recognized in earnings (283.9) (451.9) (40.1)
Financial services net realized investment gains (losses) 184.5 215.6 11.0
Total revenue 3,911.2 (2,753.5) (4,214.9)
Losses and loss expenses 2,815.3 2,227.6 256.1
Financial guarantee underwriting and operating expenses 175.8 216.1 147.2
Interest expense from investment and payment agreements 34.1 235.0 420.0
Financial services - other expenses 12.6 12.7 12.2
Interest expense 119.6 114.2 85.7
Net (loss) income attributable to Ambac Financial Group, Inc. (14.6) (5,609.2) (3,248.2)
Net (loss) income per share:
Basic (0.05) (22.31) (31.56)
Diluted (0.05) (22.31) (31.56)
Return on equity n.m. n.m. -76.7%
Cash dividends declared per common share 0.00 0.10 0.78
BALANCE SHEET HIGHLIGHTS
Total investments, at fair value $ 9,229.2 $ 10,292.8 $ 18,395.7
Deferred ceded premium 500.8 292.8 489.0
Total assets 18,886.4 17,259.7 23,713.8
Unearned premiums 5,687.1 2,382.2 3,123.9
Losses and loss expense reserve 4,771.7 2,275.9 484.3
Derivative liabilities 3,536.9 10,089.9 6,842.3
Obligations under investment agreements, investment
repurchase agreements and payment agreements 1,290.9 3,357.8 8,706.4
Long-term debt 4,640.2 1,868.7 1,669.9
Total Ambac Financial Group, Inc. stockholders’ (deficit)
equity (2,287.8) (3,782.3) 2,279.9
1
dall'annual report 2009
http://www.ambac.com/pdfs/Ambac.pdf
altro che l'ungheria
