Life Insurance Company Of Alabama (LINSA)

Accolade Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	Dec 31, 2012	Dec 31, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008
Premiums & Annuity Revenue	37.96	39.29	40.87	40.65	39.09
Total Interest & Dividend Income	4.07	4.4	4.08	4.19	4.25
Other Revenue	0.13	-0.07	0.19	0.1	0.61
Total Revenue	42.16	43.62	45.14	44.94	43.96
Revenue Growth (YoY)	-3.34%	-3.36%	0.44%	2.23%	5.95%
Policy Benefits	22.07	23.3	23.03	23.15	23.63
Policy Acquisition & Underwriting Costs	7.49	7.57	8.43	8.47	8.64
Selling, General & Administrative	8.17	8.23	8.1	7.53	7.75
Other Operating Expenses	1.13	1.16	1.27	1.21	1.16
Total Operating Expenses	38.87	40.27	40.83	40.35	41.18
Operating Income	3.29	3.35	4.31	4.59	2.78
EBT Excluding Unusual Items	3.29	3.35	4.31	4.59	2.78
Gain (Loss) on Sale of Assets	-0.01	0.54	-0	-0.2	-0.81
Pretax Income	3.28	3.89	4.31	4.39	1.96
Income Tax Expense	0.26	0.83	0.78	1.07	0.61
Net Income	3.02	3.06	3.53	3.31	1.35
Net Income to Common	3.02	3.06	3.53	3.31	1.35
Net Income Growth	-1.41%	-13.32%	6.62%	145.05%	-44.27%
Shares Outstanding (Basic)	1	-	-	-	-
Shares Outstanding (Diluted)	1	-	-	-	-
EPS (Basic)	4.92	-	-	-	-
EPS (Diluted)	4.92	-	-	-	-
Operating Margin	7.81%	7.67%	9.55%	10.21%	6.31%
Profit Margin	7.16%	7.02%	7.82%	7.37%	3.07%
EBIT	3.29	3.35	4.31	4.59	2.78
EBIT Margin	7.81%	7.67%	9.55%	10.21%	6.31%
Effective Tax Rate	8.05%	21.30%	18.05%	24.48%	31.20%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.