8-KEarnings & ResultsExhibits & Filings

AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Jul 27, 2011)

Filed July 27, 2011For Securities:AMP

Summary

Ameriprise Financial, Inc. filed an 8-K report on July 27, 2011, to announce its financial results for the second quarter ended June 30, 2011. The report primarily references a press release (Exhibit 99.1) and a statistical supplement (Exhibit 99.2) containing detailed financial information. Investors should note that the company presents its results on both Generally Accepted Accounting Principles (GAAP) and a non-GAAP adjusted basis.

Key Highlights

  • 1Ameriprise Financial reported its Q2 2011 financial results on July 27, 2011.
  • 2The company provided both GAAP and non-GAAP financial information for the quarter.
  • 3Non-GAAP measures are used by management to reflect underlying core operations and facilitate trend analysis.
  • 4Key non-GAAP adjustments include excluding the impact of consolidating certain investment entities (CIEs), integration/restructuring charges, and market impacts on variable annuity guaranteed living benefits.
  • 5The company also highlighted non-GAAP measures for debt, capital, and shareholders' equity to represent its capital structure more effectively.
  • 6Management uses certain non-GAAP measures for business planning, analysis, and compensation purposes.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce Ameriprise Financial's financial results for the second quarter of 2011 and to furnish the press release and statistical supplement that contain these results.

Ameriprise presents non-GAAP results to offer a clearer view of its underlying operational performance and to facilitate trend analysis. These adjusted figures exclude certain items like consolidating investment entities, restructuring charges, and specific market impacts that management believes do not represent the core, ongoing business.

Common exclusions in Ameriprise's non-GAAP measures include the impact of consolidating certain investment entities (CIEs), integration/restructuring charges, market impact on variable annuity guaranteed living benefits, realized gains/losses from discontinued operations, accumulated other comprehensive income (AOCI), and non-recourse debt.

The detailed financial results for the second quarter of 2011 can be found in the press release attached as Exhibit 99.1 and the Statistical Supplement as Exhibit 99.2 to this 8-K filing.