What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to publicly announce and provide detailed financial results for Ameriprise Financial's second quarter of 2006. It includes a press release and a statistical supplement that offer in-depth financial information.

Why does Ameriprise use non-GAAP financial measures?

Ameriprise uses non-GAAP measures to present a clearer picture of its core operating performance by excluding specific items. These exclusions include results from discontinued operations, AMEX Assurance Company, and one-time separation costs incurred from its split with American Express. Management believes these adjusted figures better reflect the ongoing business and allow for more meaningful trend analysis.

What types of adjustments are made in the non-GAAP figures?

The non-GAAP adjustments primarily focus on removing the financial impact of discontinued operations, the AMEX Assurance Company, and non-recurring separation costs associated with Ameriprise's separation from American Express. This allows investors to focus on the performance of the company's continuing businesses.

Does the filing provide information on the company's debt and capital structure?

Yes, the filing indicates that Ameriprise presents debt-to-capital ratios and earnings to fixed charges ratios. These are often presented excluding certain non-recourse debt related to structured finance vehicles and property fund limited partnerships, and may also include equity credit for junior subordinated notes issued in May 2006.

AMP 8-K: Earnings & Results

Summary

Ameriprise Financial, Inc. (AMP) filed an 8-K on July 25, 2006, to report its second-quarter 2006 financial results. The filing primarily serves to furnish a press release (Exhibit 99.1) and a statistical supplement (Exhibit 99.2) detailing these results. Investors should note that the company presents both GAAP and non-GAAP financial measures. The non-GAAP figures are adjusted to exclude items related to the company's prior separation from American Express Company, specifically discontinued operations, AMEX Assurance Company, and non-recurring separation costs. Management believes these adjusted measures provide a clearer view of ongoing operational performance and facilitate trend analysis.

Key Highlights

1Ameriprise Financial announced its second-quarter 2006 financial results via an 8-K filing.
2The filing includes a press release and a statistical supplement detailing the Q2 2006 financial performance.
3The company utilizes both Generally Accepted Accounting Principles (GAAP) and non-GAAP adjusted financial measures.
4Non-GAAP measures exclude impacts from the separation from American Express, including discontinued operations, AMEX Assurance, and separation costs.
5Management uses these non-GAAP figures to assess the performance of ongoing operations and for comparability with analyst expectations.
6The filing also discusses the presentation of debt-to-capital ratios and earnings to fixed charges ratios, excluding certain non-recourse debt and including equity credit for junior subordinated notes.

AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Jul 25, 2006)

Summary

Key Highlights

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