This excerpt taken from the ALL 10-K filed Feb 23, 2006.
ALLSTATE FINANCIAL 2005 HIGHLIGHTS
•
Allstate
Financial revenues increased 7.6% in 2005 compared to 2004. Higher net investment income, increased contract charges and higher net realized capital gains, were
partially offset by lower premiums.
•
Net
income improved $170 million to $416 million in 2005 from $246 million in 2004 due primarily to a $175 million after-tax charge
in 2004 for the cumulative effect of a change in accounting principle related primarily to guarantees on variable annuities.
•
Investments
including separate account assets as of December 31, 2005 increased 4.1% over December 31, 2004 primarily due to sales of fixed annuities and
funding agreements.
•
Contractholder
fund deposits totaled $12.38 billion for 2005 compared to $13.88 billion in 2004. The decline of $1.50 billion was primarily the result
of lower deposits on deferred fixed annuities and, to a lesser extent, institutional products.
•
Paid
intercompany dividends totaling $250 million in the fourth quarter of 2005 in conjunction with capital efficiency efforts.
Bet you've never seen portfolio analytics like these.
