UNH » Topics » 14. Quarterly Financial Data (Unaudited)

This excerpt taken from the UNH 10-K filed Feb 11, 2009.

17.    Quarterly Financial Data (Unaudited)

The following tables present selected quarterly financial information for all quarters of 2008 and 2007.

 

     For the Quarter Ended

(in millions, except per share data)

   March 31    June 30    September 30    December 31

2008

           

Revenues

   $ 20,304    $ 20,272    $ 20,156    $ 20,454

Operating Costs

   $ 18,591    $ 19,599    $ 18,558    $ 19,175

Earnings From Operations

   $ 1,713    $ 673    $ 1,598    $ 1,279

Net Earnings

   $ 994    $ 337    $ 920    $ 726

Basic Net Earnings per Common Share

   $ 0.80    $ 0.28    $ 0.76    $ 0.61

Diluted Net Earnings per Common Share

   $ 0.78    $ 0.27    $ 0.75    $ 0.60

2007

           

Revenues

   $ 19,047    $ 19,000    $ 18,679    $ 18,705

Operating Costs

   $ 17,465    $ 16,926    $ 16,524    $ 16,667

Earnings From Operations

   $ 1,582    $ 2,074    $ 2,155    $ 2,038

Net Earnings

   $ 927    $ 1,228    $ 1,283    $ 1,216

Basic Net Earnings per Common Share

   $ 0.69    $ 0.93    $ 0.98    $ 0.95

Diluted Net Earnings per Common Share

   $ 0.66    $ 0.89    $ 0.95    $ 0.92

 

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This excerpt taken from the UNH 10-K filed Feb 24, 2006.

14. Quarterly Financial Data (Unaudited)

 

     For the Quarter Ended

(in millions, except per share data)


   March 31

   June 30

   September 30

   December 31

2005

                           

Revenues

   $ 10,887    $ 11,111    $ 11,322    $ 12,045

Medical and Operating Costs

   $ 9,631    $ 9,801    $ 9,944    $ 10,616

Earnings From Operations

   $ 1,256    $ 1,310    $ 1,378    $ 1,429

Net Earnings

   $ 779    $ 809    $ 842    $ 870

Basic Net Earnings per Common Share

   $ 0.61    $ 0.64    $ 0.67    $ 0.69

Diluted Net Earnings per Common Share

   $ 0.58    $ 0.61    $ 0.64    $ 0.65

2004

                           

Revenues

   $ 8,144    $ 8,704    $ 9,859    $ 10,511

Medical and Operating Costs

   $ 7,268    $ 7,759    $ 8,767    $ 9,323

Earnings From Operations

   $ 876    $ 945    $ 1,092    $ 1,188

Net Earnings

   $ 554    $ 596    $ 698    $ 739

Basic Net Earnings per Common Share

   $ 0.46    $ 0.49    $ 0.55    $ 0.57

Diluted Net Earnings per Common Share

   $ 0.44    $ 0.47    $ 0.52    $ 0.54

1 UnitedHealth Group acquired PacifiCare in December 2005 for total consideration of approximately $8.8 billion, Oxford in July 2004 for total consideration of approximately $5.0 billion and MAMSI in February 2004 for total consideration of approximately $2.7 billion. These acquisitions affect the comparability of 2005 and 2004 financial information to prior fiscal years. The results of operations and financial condition of PacifiCare, Oxford and MAMSI have been included in UnitedHealth Group’s consolidated financial statements since the respective acquisition dates. See Note 3 to the consolidated financial statements for a detailed discussion of these acquisitions.

 

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This excerpt taken from the UNH 10-K filed Mar 1, 2005.

14. Quarterly Financial Data (Unaudited)

 

     For the Quarter Ended

(in millions, except per share data)


   March 31

   June 30

   September 30

   December 31

20041

                           

Revenues

   $ 8,144    $ 8,704    $ 9,859    $ 10,511

Medical and Operating Expenses

   $ 7,268    $ 7,759    $ 8,767    $ 9,323

Earnings From Operations

   $ 876    $ 945    $ 1,092    $ 1,188

Net Earnings

   $ 554    $ 596    $ 698    $ 739

Basic Net Earnings per Common Share

   $ 0.92    $ 0.98    $ 1.09    $ 1.14

Diluted Net Earnings per Common Share

   $ 0.88    $ 0.93    $ 1.04    $ 1.09

2003

                           

Revenues

   $ 6,975    $ 7,087    $ 7,238    $ 7,523

Medical and Operating Expenses

   $ 6,322    $ 6,378    $ 6,475    $ 6,713

Earnings From Operations

   $ 653    $ 709    $ 763    $ 810

Net Earnings

   $ 403    $ 439    $ 476    $ 507

Basic Net Earnings per Common Share

   $ 0.68    $ 0.74    $ 0.81    $ 0.87

Diluted Net Earnings per Common Share

   $ 0.65    $ 0.71    $ 0.77    $ 0.83

1 UnitedHealth Group acquired Oxford in July 2004 for total consideration of approximately $5.0 billion and acquired MAMSI in February 2004 for total consideration of approximately $2.7 billion. These acquisitions affect the comparability of 2004 financial information to prior fiscal years. The results of operations and financial condition of Oxford and MAMSI have been included in UnitedHealth Group’s consolidated financial statements since the respective acquisition dates. See Note 3 for a detailed discussion of these acquisitions.

 

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