Protective Life Corp (PL) 2001年年度报告「NYSE」.pdf

1、2001 ANNUAL REPORTProtective Life CorporationF I N A N C I A L H I G H L I G H T SChangeChange(Dollars in thousands except per share amounts)20012000199901/0000/99F O R T H E Y E A RRevenues$1,614,217$1,364,729$1,155,32118.3%18.1%Net Income$102,943$153,476$151,327(32.9)%1.4%Operating Income1Per Shar

2、e$2.44$2.39$2.342.1%2.1%Operating Income From$2.21$2.15$2.012.8%7.0%Continuing Operations2Per ShareOperating Return1on Average Equity13.1%14.6%16.3%Net Income Per Share$1.47$2.32$2.29(36.6)%1.3%A T Y E A R-E N DTotal Assets$19,718,824$15,145,633$12,994,16430.2%16.6%Share-owners Equity3$1,345,816$1,1

3、65,431$1,011,30415.5%15.2%Share-owners Equity Per Share3$19.63$18.05$15.688.8%15.1%Market Price of Common Stock$28.93$32.25$31.81(10.3)%1.4%R A T I N G SThe Companys principal operating subsidiary,Protective Life Insurance Company,has insurer financial strength ratingsof A+(Superior)from A.M.Best,AA

4、(Very Strong)from Standard&Poors,AA(Very High)from Fitch,and A1(Good)from Moodys Investors Services.Each of these independent rating agencies has assigned its rating based on a variety offactors,including Protectives operating performance,asset quality,financial flexibility,and capitalization.1Inclu

5、des operating income related to certain discontinued operations.2Net income excluding realized investment gains and losses and related amortization,income(loss)from discontinued operations,extraordinary loss,and change inaccounting principle.3Share-owners equity excluding net unrealized gains and lo

6、sses on investments.This document includes“forward-looking statements”which express expectations of future events and/or results.All statements based on future expectations ratherthan on historical facts are forward-looking statements that involve a number of risks and uncertainties,and the Company