Summary
Ameriprise Financial, Inc. filed an 8-K report on February 3, 2010, to announce its financial results for the fourth quarter of 2009. The filing primarily serves to incorporate by reference the press release and a statistical supplement detailing these results. Investors should note that the company provides both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures. The non-GAAP measures are adjusted to exclude items such as after-tax market-related impacts and integration charges, which management believes offer a clearer view of the underlying operational performance and facilitate trend analysis. These adjusted metrics are also used for internal goal setting and compensation purposes.
Key Highlights
- 1Ameriprise Financial announced its Q4 2009 financial results via an 8-K filing on February 3, 2010.
- 2The filing incorporates by reference a press release (Exhibit 99.1) and a Statistical Supplement (Exhibit 99.2) for the period ending December 31, 2009.
- 3The company reports financial results under U.S. Generally Accepted Accounting Principles (GAAP).
- 4Ameriprise also presents non-GAAP adjusted financial measures, excluding items like after-tax market-related impacts and integration charges.
- 5Management views these non-GAAP measures as key indicators of underlying financial performance and for trend analysis.
- 6Non-GAAP measures are used for goal setting and compensation programs.
- 7The company provides debt-to-capital ratios that exclude non-recourse debt related to certain investments and includes an equity credit for junior subordinated notes.