INCOME STATEMENT (Quarterly GAAP In millions $) |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Premiums Earned, Net |
83.00 |
95.00 |
85.00 |
81.00 |
109.00 |
Revenue From Contract With Customer Excluding Assessed Tax |
- |
- |
27.00 |
26.00 |
22.00 |
Other Revenue |
143.00 |
217.00 |
168.00 |
97.00 |
100.00 |
Investments Gain (Loss), Net |
101.00 |
91.00 |
80.00 |
79.00 |
61.00 |
Total Revenue |
327.00 |
403.00 |
360.00 |
283.00 |
292.00 |
Deferred Policy Acquisition Cost, Amortization Expense |
3.00 |
4.00 |
3.00 |
3.00 |
3.00 |
Policyholder Benefits and Claims Incurred, Net |
3.00 |
100.00 |
55.00 |
4.00 |
-127.00 |
Gross
profit |
321.00 |
299.00 |
302.00 |
276.00 |
416.00 |
Selling, Administration, Marketing |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets and Other Investments |
7.00 |
255.00 |
- |
- |
- |
Depriciation & Amortization |
- |
- |
- |
- |
- |
Restructuring, Accretion & impairment charges |
- |
- |
- |
- |
- |
Other operatinig exp. /-income |
- |
47.00 |
70.00 |
82.00 |
- |
Unusual Expense /-Income |
- |
- |
- |
- |
- |
Interest expense |
23.00 |
24.00 |
22.00 |
21.00 |
21.00 |
Interest income |
- |
- |
- |
- |
- |
Net interest expense/-income |
23.00 |
24.00 |
22.00 |
21.00 |
21.00 |
Foreign Currency Transaction Gain (Loss), before Tax |
-44.00 |
-39.00 |
28.00 |
20.00 |
69.00 |
Other loss/ -income |
247.00 |
-281.00 |
-54.00 |
34.00 |
310.00 |
Fair Value Gain Loss On Committed Capital Securities |
-15.00 |
- |
1.00 |
-16.00 |
12.00 |
Derivative Gain Loss On Derivative Net |
106.00 |
- |
91.00 |
15.00 |
31.00 |
Gain Loss From Commutations |
- |
- |
- |
- |
2.00 |
Equity Securities Fv Ni Realized Gain Loss |
- |
- |
- |
- |
31.00 |
Total costs & expenses |
125.00 |
201.00 |
216.00 |
163.00 |
193.00 |
Income /-loss before income taxes |
202.00 |
202.00 |
144.00 |
120.00 |
99.00 |
Income taxes expenses/-benefit |
-333.00 |
43.00 |
18.00 |
23.00 |
14.00 |
Income after income taxes |
379.00 |
159.00 |
126.00 |
97.00 |
82.00 |
Net income/-loss
of other equity |
-156.00 |
- |
- |
- |
-3.00 |
Income/-loss
from cont. Ops. |
379.00 |
159.00 |
126.00 |
97.00 |
82.00 |
Accounting change |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Extraordinary items |
- |
- |
- |
- |
- |
Net Income/-loss |
379.00 |
159.00 |
126.00 |
97.00 |
82.00 |
Noncontrolling interests |
3.00 |
2.00 |
1.00 |
16.00 |
-12.00 |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
376.00 |
157.00 |
125.00 |
81.00 |
94.00 |
EBIT |
225.00 |
226.00 |
166.00 |
141.00 |
120.00 |
EBITD |
225.00 |
226.00 |
166.00 |
141.00 |
120.00 |
EBITDA |
225.00 |
226.00 |
166.00 |
141.00 |
120.00 |