Summary
Ameriprise Financial Inc. (AMP) filed its 2007 10-K on February 28, 2008, detailing its financial performance and operational landscape. The report covers the fiscal year ending December 30, 2007. Investors should note that this filing occurs in the midst of the 2007-2008 financial crisis, which significantly impacted the financial services industry. Key areas of focus include the company's various business segments, risk factors, financial condition, and results of operations as presented in the Management's Discussion and Analysis (MD&A) and the audited financial statements. While specific financial figures for 2007 are not provided in this excerpt, the structure of the 10-K indicates a comprehensive review of the company's performance, balance sheet, cash flows, and shareholder equity. Investors should pay close attention to the MD&A (Item 7) for management's insights into the company's performance drivers, challenges, and outlook, especially in the context of the prevailing economic environment. The risk factors section (Item 1A) is also crucial for understanding the potential headwinds AMP faced.
Financial Highlights
25 data points| Revenue | $8.76B |
| Operating Expenses | $7.50B |
| Net Income | $814.00M |
| EPS (Basic) | $3.45 |
| EPS (Diluted) | $3.39 |
| Shares Outstanding (Basic) | 236.20M |
| Shares Outstanding (Diluted) | 239.90M |
Key Highlights
- 1The 10-K filing covers the fiscal year ending December 30, 2007, providing a full year's financial overview.
- 2The report details Ameriprise Financial's Business (Item 1), including its various segments and operations.
- 3Risk Factors (Item 1A) are thoroughly outlined, offering insights into potential challenges and uncertainties the company faced.
- 4Management's Discussion and Analysis of Financial Condition and Results of Operations (Item 7) provides management's perspective on performance and strategy.
- 5Audited Consolidated Financial Statements (Item 8) are included, offering a detailed look at the company's income statement, balance sheet, cash flows, and shareholder equity.
- 6The filing includes information on the market for Ameriprise's common equity and related stockholder matters (Item 5).
- 7Disclosure on Controls and Procedures (Item 9A) is provided, addressing the effectiveness of internal controls over financial reporting.