Send us Feedback

UnitedHealth Group (UNH)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

UNH » Topics » Excluding the Impact of the Decrease in Investment and Other Income

This excerpt taken from the UNH 8-K filed Jul 21, 2009.

Excluding the Impact of the Decrease in Investment and Other Income

 

     Three Months Ended
June 30, 2009		  

Health Care Services earnings from operations

    $ 1,073   

Add: Year-over-year decrease in investment and other income for Health Care Services

      78   
        

Non-GAAP Health Care Services earnings from operations

    $ 1,151   
        
Operating Results Excluding Special Items   
     Three Months Ended
June 30, 2008		  

Earnings from operations

    $ 673   

Add: Reduction to operating costs (a)

      783   
        

Non-GAAP earnings from operations

    $ 1,456   
        

Diluted net earnings per common share

    $ 0.27   

Add: Reduction to operating costs (a)

      0.40   
        

Non-GAAP diluted net earnings per common share

    $ 0.67   
        

Operating margin

      3.3 % 

Add: Reduction to operating costs (a)

      3.9   
        

Non-GAAP operating margin

      7.2 % 
        

Operating cost ratio

      18.5 % 

Less: Reduction to operating costs (a)

      (3.9 ) 
        

Non-GAAP operating cost ratio

      14.6 % 
        

 

(a) Includes pre-tax Operating Costs of $922 million for settlement of two class action lawsuits related to the Company’s historical stock option practices and related legal costs, and $46 million for employee severance related to operating cost reduction initiatives and other items, partially offset by a $185 million reduction in operating costs for proceeds from the sale of certain assets and membership in the individual Medicare Advantage business in Nevada in May 2008.
This excerpt taken from the UNH 8-K filed Apr 21, 2009.

Excluding the Impact of the Decrease in Investment and Other Income

 

Health Care Services earnings from operations for the three months ended March 31, 2009

    $ 1,321  

Health Care Services earnings from operations for the three months ended March 31, 2008

      1,371  
        

GAAP decrease in Health Care Services earnings from operations

    $ (50 )

Add: Year-over-year decrease in investment and other income

      112  
        

Non-GAAP increase in Health Care Services earnings from operations

    $ 62  
        

Operating Results Excluding Special Items for the Quarter Ended December 31, 2008

 

 

Earnings from operations

    $ 1,279  

Add: Reduction to operating costs (a)

      340  
        

Non-GAAP earnings from operations

    $ 1,619  
        

Operating margin

      6.3 %

Add: Reduction to operating costs (a)

      1.6 %
        

Non-GAAP operating margin

      7.9 %
        

 

(a) Includes a pre-tax operating cost of $350 million for the settlement of class action litigation related to reimbursement for out-of-network medical services, partially offset by a net reduction in pre-tax operating costs of $10 million for insurance recoveries and legal fees related to various matters.

EXCERPTS ON THIS PAGE:

8-K
Jul 21, 2009
8-K
Apr 21, 2009

RELATED TOPICS for UNH:

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki