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

The main purpose of this 8-K filing is to announce and provide access to Ameriprise Financial's financial results for the fourth quarter of 2012. It includes a press release and a statistical supplement detailing these results.

Why does Ameriprise Financial use non-GAAP financial measures?

Ameriprise Financial uses non-GAAP measures because management believes they better reflect the underlying performance of the company's core operations and facilitate a more meaningful trend analysis. These measures exclude certain items that management deems not representative of ongoing business performance.

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

Key adjustments in the non-GAAP figures include the exclusion of impacts from consolidating certain investment entities (CIEs), integration/restructuring charges, market impacts on variable annuity guaranteed living benefits, and results from discontinued operations. For capital and debt measures, adjustments include excluding Accumulated Other Comprehensive Income (AOCI) and the fair value of hedges.

How does management use these non-GAAP measures?

Management uses these non-GAAP measures for various purposes, including evaluating financial performance on a basis comparable to industry peers, business planning and analysis, and for certain compensation-related matters. They are considered important indicators of financial performance.

AMP 8-K: Earnings & Results

Summary

Ameriprise Financial, Inc. (AMP) filed an 8-K on January 30, 2013, to report its financial results for the fourth quarter of 2012. The filing primarily serves to attach the press release and statistical supplement detailing these results. Investors should note that the company utilizes both Generally Accepted Accounting Principles (GAAP) and various non-GAAP adjusted measures to present its financial performance. Management emphasizes that these non-GAAP measures are believed to provide a better reflection of the company's core operations and facilitate trend analysis. These adjusted figures exclude items such as the impact of consolidating certain investment entities, integration/restructuring charges, market impacts on variable annuity guarantees, and discontinued operations. The company also presents adjusted debt, capital, and equity figures, excluding items like accumulated other comprehensive income (AOCI) and fair value of hedges, which management uses to better represent its capital structure and for compensation-related matters.

Key Highlights

1Ameriprise Financial announced its fourth quarter and full-year 2012 financial results on January 30, 2013.
2The company provided detailed financial information through an attached press release (Exhibit 99.1) and a Statistical Supplement (Exhibit 99.2).
3Both GAAP and non-GAAP financial measures were presented, with management favoring non-GAAP figures for core performance analysis.
4Key non-GAAP adjustments include excluding the impact of consolidating certain investment entities (CIEs), restructuring charges, and market impacts on variable annuity guarantees.
5The company also provided non-GAAP measures for debt, capital, and shareholders' equity, excluding items like Accumulated Other Comprehensive Income (AOCI) and fair value of hedges, to better reflect its capital structure.
6These non-GAAP measures are used internally for performance evaluation, trend analysis, business planning, and compensation.
7Walter S. Berman, Executive Vice President and Chief Financial Officer, signed the report, indicating CFO oversight of the disclosed financial information.

AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Jan 30, 2013)

Summary

Key Highlights

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