Platinum Underwriters Holdings Ltd. (PTP) Financials Nov 17, 2014, 4:23 p.m.
Income Statement Balance Sheet Cash Flow Statement
Annual Financials for Platinum Underwriters Holdings Ltd.
Fiscal year is January-December. All values USD millions. 2009 2010 2011 2012 2013 5-year trend
Sales/Revenue 1.18B 1.02B 819.89M 755.2M 652.86M
Premiums Earned 937.34M 779.99M 689.45M 566.5M 553.41M
Total Investment Income 163.94M 134.39M 125.86M 99.95M 72.05M
Realized Gains (Losses) 78.63M 107.79M 3.93M 88.75M 23.92M
Other Operating Income 3.08M 0 645,000 0 3.48M
Losses, Claims & Reserves 478.34M 467.42M 805.44M 183.66M 167.45M
Losses, Benefits & Adjustments 478.34M 467.42M 805.44M 183.66M 167.45M
2009 2010 2011 2012 2013 5-year trend
Selling, General & Admin. Expenses & Other 280.84M 239.11M 200.69M 196.13M 206.48M
Selling, General & Admin. Expenses 271.1M 217.63M 192.09M 190.79M 197.72M
Other Selling, General & Admin. Expense 94.68M 70.95M 58.91M 75.35M 73.95M
Underwriting & Commissions 176.42M 146.68M 133.18M 115.44M 123.77M
Other Operating Expense 9.74M 21.48M 8.59M 5.34M 8.76M
Operating Income Before Interest Expense 423.81M 315.64M (186.23M) 375.41M 278.93M
Interest Expense, Net of Interest Capitalized 19.03M 19M 19.07M 19.1M 19.13M
Interest Expense (excl. Interest Capitalized) 19.03M 19M 19.07M 19.1M 19.13M
Interest Capitalized 0 0 0 0 0
Operating Income After Interest Expense 404.78M 296.65M (205.3M) 356.31M 259.8M
Non-Operating Income (Expense) 399,000 (1.39M) 473,000 (1.06M) 234,000
Miscellaneous Non Operating Expense 399,000 (1.39M) 473,000 (1.06M) 234,000
Equity in Affiliates (Pretax) 0 0 0 0 0
Unusual Expense 17.6M 36.61M 22.37M 3.03M 2.03M
Pretax Income 387.58M 258.65M (227.2M) 352.22M 258.01M
Income Taxes 4.29M 43.15M (3.13M) 25M 34.73M
Income Tax - Current - Domestic 7.81M 32.66M 2.12M 16.21M 24.71M
Income Tax - Current - Foreign - - - - -
Income Tax - Deferred - Domestic (3.52M) 10.5M (5.25M) 8.79M 10.02M
Income Tax - Deferred - Foreign - - - - -
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 0 0 0 (293,000)
Consolidated Net Income 383.29M 215.5M (224.06M) 327.23M 222.99M
Minority Interest Expense 0 0 0 0 0
Net Income 383.29M 215.5M (224.06M) 327.23M 222.99M
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries 383.29M 215.5M (224.06M) 327.23M 222.99M
Preferred Dividends 1.3M 0 0 0 0
Net Income Available to Common 381.99M 215.5M (224.06M) 327.23M 222.99M
EPS (Basic) 7.71 5.14 (6.07) 9.67 7.46
Basic Shares Outstanding 49.54M 41.93M 36.9M 33.71M 29.91M
EPS (Diluted) 7.33 4.78 (6.07) 9.60 7.35
Diluted Shares Outstanding 52.32M 45.05M 36.9M 33.98M 30.33M
Copyright 2014 FactSet Research Systems Inc. All rights reserved. Source FactSet Fundamentals.
Income Statement Balance Sheet Cash Flow Statement
Annual Financials for Platinum Underwriters Holdings Ltd.
Fiscal year is January-December. All values USD millions. 2009 2010 2011 2012 2013 5-year trend
Sales/Revenue 1.18B 1.02B 819.89M 755.2M 652.86M
Premiums Earned 937.34M 779.99M 689.45M 566.5M 553.41M
Total Investment Income 163.94M 134.39M 125.86M 99.95M 72.05M
Realized Gains (Losses) 78.63M 107.79M 3.93M 88.75M 23.92M
Other Operating Income 3.08M 0 645,000 0 3.48M
Losses, Claims & Reserves 478.34M 467.42M 805.44M 183.66M 167.45M
Losses, Benefits & Adjustments 478.34M 467.42M 805.44M 183.66M 167.45M
2009 2010 2011 2012 2013 5-year trend
Selling, General & Admin. Expenses & Other 280.84M 239.11M 200.69M 196.13M 206.48M
Selling, General & Admin. Expenses 271.1M 217.63M 192.09M 190.79M 197.72M
Other Selling, General & Admin. Expense 94.68M 70.95M 58.91M 75.35M 73.95M
Underwriting & Commissions 176.42M 146.68M 133.18M 115.44M 123.77M
Other Operating Expense 9.74M 21.48M 8.59M 5.34M 8.76M
Operating Income Before Interest Expense 423.81M 315.64M (186.23M) 375.41M 278.93M
Interest Expense, Net of Interest Capitalized 19.03M 19M 19.07M 19.1M 19.13M
Interest Expense (excl. Interest Capitalized) 19.03M 19M 19.07M 19.1M 19.13M
Interest Capitalized 0 0 0 0 0
Operating Income After Interest Expense 404.78M 296.65M (205.3M) 356.31M 259.8M
Non-Operating Income (Expense) 399,000 (1.39M) 473,000 (1.06M) 234,000
Miscellaneous Non Operating Expense 399,000 (1.39M) 473,000 (1.06M) 234,000
Equity in Affiliates (Pretax) 0 0 0 0 0
Unusual Expense 17.6M 36.61M 22.37M 3.03M 2.03M
Pretax Income 387.58M 258.65M (227.2M) 352.22M 258.01M
Income Taxes 4.29M 43.15M (3.13M) 25M 34.73M
Income Tax - Current - Domestic 7.81M 32.66M 2.12M 16.21M 24.71M
Income Tax - Current - Foreign - - - - -
Income Tax - Deferred - Domestic (3.52M) 10.5M (5.25M) 8.79M 10.02M
Income Tax - Deferred - Foreign - - - - -
Income Tax Credits 0 0 0 0 0
Equity in Affiliates 0 0 0 0 0
Other After Tax Income (Expense) 0 0 0 0 (293,000)
Consolidated Net Income 383.29M 215.5M (224.06M) 327.23M 222.99M
Minority Interest Expense 0 0 0 0 0
Net Income 383.29M 215.5M (224.06M) 327.23M 222.99M
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries 383.29M 215.5M (224.06M) 327.23M 222.99M
Preferred Dividends 1.3M 0 0 0 0
Net Income Available to Common 381.99M 215.5M (224.06M) 327.23M 222.99M
EPS (Basic) 7.71 5.14 (6.07) 9.67 7.46
Basic Shares Outstanding 49.54M 41.93M 36.9M 33.71M 29.91M
EPS (Diluted) 7.33 4.78 (6.07) 9.60 7.35
Diluted Shares Outstanding 52.32M 45.05M 36.9M 33.98M 30.33M
Copyright 2014 FactSet Research Systems Inc. All rights reserved. Source FactSet Fundamentals.
