Income Statement Balance Sheet Cash Flow Statement
Annual Financials for Acceptance Insurance Cos. Inc.
Fiscal year is January-December. All values USD millions. 1999 2000 2001 2002 2003 5-year trend
Sales/Revenue 283.98M 213.47M 132.18M 587,000 4.46M
Premiums Earned 248.71M 186.67M 112.1M 0 624,000
Total Investment Income 25.06M 24.68M 16.69M 587,000 3.18M
Realized Gains (Losses) 10.2M 2.12M 3.39M 0 653,000
Other Operating Income 0 0 0 0 0
Losses, Claims & Reserves 218.79M 131.6M 65.74M - -
Losses, Benefits & Adjustments 218.79M 131.6M 65.74M - -
1999 2000 2001 2002 2003 5-year trend
Selling, General & Admin. Expenses & Other 99.92M 100.8M 71.33M 1.43M 8.59M
Selling, General & Admin. Expenses 99.92M 100.8M 71.33M 1.43M 8.59M
Other Selling, General & Admin. Expense 4.59M 1.92M 1.06M 1.43M 1.01M
Underwriting & Commissions 95.33M 98.88M 70.26M 0 7.59M
Other Operating Expense 0 0 0 - -
Operating Income Before Interest Expense (34.73M) (18.93M) (4.89M) (846,000) (34.14M)
Interest Expense, Net of Interest Capitalized 9.06M 8.68M 8.68M 8.69M 9.17M
Interest Expense (excl. Interest Capitalized) 9.06M 8.68M 8.68M 8.69M 9.17M
Interest Capitalized 0 0 0 0 0
Operating Income After Interest Expense (43.79M) (27.6M) (13.57M) (9.53M) (43.31M)
Non-Operating Income (Expense) (67,000) 0 0 0 0
Miscellaneous Non Operating Expense (67,000) 0 0 0 0
Equity in Affiliates (Pretax) 0 0 0 0 0
Unusual Expense 13.2M 9.91M 0 0 0
Pretax Income (57.06M) (37.51M) (13.57M) (9.53M) (43.31M)
Income Taxes (21.44M) (8.67M) (4.5M) 5.99M 0
Income Tax - Current - Domestic (11.65M) (649,000) 0 8.9M 0
Income Tax - Current - Foreign 0 0 0 0 0
Income Tax - Deferred - Domestic (9.79M) (8.02M) (4.5M) (2.9M) 0
Income Tax - Deferred - Foreign 0 0 0 0 0
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 - - 0 0
Other After Tax Income (Expense) - - - - -
Consolidated Net Income (35.62M) (28.85M) (9.07M) (15.53M) (43.31M)
Minority Interest Expense 0 0 0 0 0
Net Income (35.62M) (28.85M) (9.07M) (15.53M) (43.31M)
Extraordinaries & Discontinued Operations (338,000) 0 0 (194.19M) 0
Extra Items & Gain/Loss Sale Of Assets (338,000) 0 0 0 0
Cumulative Effect - Accounting Chg (338,000) 0 0 0 0
Discontinued Operations 0 0 0 (194.19M) 0
Net Income After Extraordinaries (35.96M) (28.85M) (9.07M) (209.72M) (43.31M)
Preferred Dividends 0 0 0 0 0
Net Income Available to Common (35.62M) (28.85M) (9.07M) (15.53M) (43.31M)
EPS (Basic) (2.50) (2.02) (0.63) (14.64) (3.05)
Basic Shares Outstanding 14.25M 14.3M 14.38M 14.32M 14.2M
EPS (Diluted) (2.50) (2.02) (0.63) (1.08) (3.05)
Diluted Shares Outstanding 14.25M 14.3M 14.38M 14.32M 14.2M
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