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

The main purpose of this 8-K filing is to announce and provide details on Ameriprise Financial's financial results for the third quarter of 2009. It includes a press release and a statistical supplement that offer a comprehensive view of the company's performance during that period.

Why does Ameriprise present both GAAP and non-GAAP financial results?

Ameriprise presents both GAAP and non-GAAP results because management believes that excluding certain items, such as after-tax market-related impacts and integration charges, provides a clearer picture of the company's underlying operational performance. These non-GAAP measures are used internally for performance evaluation and goal setting, and they are intended to facilitate a more meaningful trend analysis for investors and analysts.

What specific non-GAAP adjustments are mentioned in the filing?

The filing mentions several non-GAAP measures, including core operating earnings, after-tax net investment gains/losses, after-tax integration charges, DAC and DSIC charges, and various earnings and margin metrics. These adjustments are made to reflect the company's ongoing business operations more effectively, excluding one-time or market-driven impacts.

How does the company present its debt levels?

Ameriprise provides debt-to-capital ratios that are adjusted to better reflect its capital structure. This includes excluding the effect of certain non-recourse collateralized debt obligations and non-recourse debt from property funds. Additionally, they provide information on debt-to-capital ratios that reflect an equity credit on their junior subordinated notes.

AMP 8-K: Earnings & Results

Summary

Ameriprise Financial, Inc. filed an 8-K on October 21, 2009, to report its financial results for the third quarter of 2009. The report primarily consists of a press release and a statistical supplement detailing these results. Investors should note that the company presented its financial data on both a Generally Accepted Accounting Principles (GAAP) basis and a non-GAAP adjusted basis. The non-GAAP measures exclude items such as after-tax market-related impacts and integration charges, which management believes provide a clearer view of underlying operational performance and facilitate trend analysis. Specific non-GAAP metrics highlighted include core operating earnings, net investment gains/losses, integration charges, and various earnings and margin metrics. The company also provided specific disclosures regarding its debt-to-capital ratios, excluding certain non-recourse debt and including an equity credit for junior subordinated notes, to better represent its capital structure. Investors are encouraged to review both the GAAP and non-GAAP figures, as well as the specific adjustments made, to gain a comprehensive understanding of the company's financial condition and performance. The Chief Financial Officer, Walter S. Berman, signed the report, underscoring the official nature of these financial disclosures.

Key Highlights

1Ameriprise Financial reported its Q3 2009 financial results via an 8-K filing on October 21, 2009.
2The filing includes a press release and a statistical supplement for the quarter ended September 30, 2009.
3The company provided financial results on both GAAP and a non-GAAP adjusted basis.
4Non-GAAP measures exclude items such as market-related impacts and integration charges to highlight underlying performance.
5Key non-GAAP metrics disclosed include core operating earnings, net investment gains/losses, and integration charges.
6Specific adjustments were made to debt-to-capital ratios, excluding certain non-recourse debt for a better capital structure representation.
7The report was signed by Walter S. Berman, Executive Vice President and Chief Financial Officer.

AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Oct 21, 2009)

Summary

Key Highlights

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