2010 Q4 Form 10-K Financial Statement

#000103982812000011 Filed on March 01, 2012

View on sec.gov

Income Statement

Concept 2010 Q4 2009 2008 Q4
Revenue $484.4M $1.189B $90.90M
YoY Change 25.88% 251.85% 45.67%
Cost Of Revenue $8.889M
YoY Change
Gross Profit $1.180B
YoY Change
Gross Profit Margin 99.25%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $66.60M $88.01M $9.600M
YoY Change 48.99% -34.08% 1100.0%
% of Gross Profit 7.46%
Operating Expenses $316.5M $542.0M $71.80M
YoY Change 43.86% 27.77% -37.02%
Operating Profit $638.0M
YoY Change
Interest Expense -$154.0M -$560.7M -$37.30M
YoY Change 25.82% -443.36% -187.56%
% of Operating Profit -87.88%
Other Income/Expense, Net
YoY Change
Pretax Income $13.90M $86.16M -$18.20M
YoY Change -67.22% 11.76% 102.22%
Income Tax $4.800M $17.63M $5.900M
% Of Pretax Income 34.53% 20.47%
Net Earnings $9.000M $68.53M -$24.00M
YoY Change -75.0% 331.01% 380.0%
Net Earnings / Revenue 1.86% 5.76% -26.4%
Basic Earnings Per Share $1.22
Diluted Earnings Per Share $138.2K $1.18 -$454.5K
COMMON SHARES
Basic Shares Outstanding 56.14K shares
Diluted Shares Outstanding 58.92K shares

Balance Sheet

Concept 2010 Q4 2009 2008 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $597.8M $528.0M $214.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $6.000M
YoY Change -94.23%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $19.34B $14.90B $12.66B
YoY Change 29.82% 17.63% 2.07%
Other Assets $143.0M $86.00M $82.00M
YoY Change 66.28% 4.88% 7.89%
Total Long-Term Assets $26.42B
YoY Change 24.58%
TOTAL ASSETS
Total Short-Term Assets $6.000M
Total Long-Term Assets $26.42B
Total Assets $26.43B $21.31B $17.08B
YoY Change 24.0% 24.76% 4.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.00M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $599.0M $585.0M $516.0M
YoY Change 2.39% 13.37% -3.91%
Other Long-Term Liabilities $1.011B $517.0M $134.0M
YoY Change 95.55% 285.82% -14.65%
Total Long-Term Liabilities $1.610B $1.102B $650.0M
YoY Change 46.1% 69.54% -6.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.00M
Total Long-Term Liabilities $1.610B $1.102B $650.0M
Total Liabilities $25.49B $20.56B $16.59B
YoY Change 23.99% 23.95% 5.08%
SHAREHOLDERS EQUITY
Retained Earnings $349.6M
YoY Change
Common Stock $56.97M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 5.874M shares
Shareholders Equity $938.0M $755.0M $496.8M
YoY Change
Total Liabilities & Shareholders Equity $26.43B $21.31B $17.08B
YoY Change 24.0% 24.76% 4.2%

Cashflow Statement

Concept 2010 Q4 2009 2008 Q4
OPERATING ACTIVITIES
Net Income $9.000M $68.53M -$24.00M
YoY Change -75.0% 331.01% 380.0%
Depreciation, Depletion And Amortization $66.60M $88.01M $9.600M
YoY Change 48.99% -34.08% 1100.0%
Cash From Operating Activities $284.8M $516.6M $73.30M
YoY Change 10.64% 131.43% -7.1%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $2.971M -$100.0K
YoY Change -100.0% -1090.33%
Acquisitions
YoY Change
Other Investing Activities -$1.438B -$2.011B $246.3M
YoY Change -2767.16% 126.21% -209.81%
Cash From Investing Activities -$1.438B -$2.014B $246.2M
YoY Change -2864.62% 126.47% -209.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$1.027M
YoY Change -96.17%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.086B $1.810B -122.1M
YoY Change -3581.09% 110.04% -178.77%
NET CHANGE
Cash From Operating Activities 284.8M $516.6M 73.30M
Cash From Investing Activities -1.438B -$2.014B 246.2M
Cash From Financing Activities 1.086B $1.810B -122.1M
Net Change In Cash -66.70M $313.1M 197.4M
YoY Change -123.98% 59.85% 1977.89%
FREE CASH FLOW
Cash From Operating Activities $284.8M $516.6M $73.30M
Capital Expenditures $0.00 $2.971M -$100.0K
Free Cash Flow $284.8M $513.6M $73.40M
YoY Change 9.79% 129.79% -6.97%

Facts In Submission

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CY2010 ael Retirement Of Debt Through Debt Exchange
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CY2011 ael Share Based Compensation Including Excess Income Tax Benefits
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CY2009 ael Value Of Subordinated Debentures Converted During Period
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CY2011 dei Document Period End Date
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CY2011 dei Document Type
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CY2011 dei Entity Current Reporting Status
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690756206 USD
CY2011 dei Entity Registrant Name
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AMERICAN EQUITY INVESTMENT LIFE HOLDING CO
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

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