Summary
This 8-K filing by Ameriprise Financial, Inc. on January 28, 2015, announces their financial results for the fourth quarter of 2014. The report includes a press release (Exhibit 99.1) and a statistical supplement (Exhibit 99.2), both of which provide detailed financial information on both Generally Accepted Accounting Principles (GAAP) and non-GAAP adjusted bases. Investors should pay close attention to the non-GAAP measures, as management believes they offer a clearer view of the company's core operations and facilitate trend analysis.
Key Highlights
- 1Ameriprise Financial announced its fourth quarter and full-year 2014 financial results on January 28, 2015.
- 2The filing includes a press release and a statistical supplement detailing the financial performance.
- 3The company presents financial results on both GAAP and non-GAAP adjusted bases.
- 4Non-GAAP measures are used to exclude certain items such as the impact of consolidating investment entities (CIEs), integration/restructuring charges, and market impacts on variable annuity/indexed universal life benefits.
- 5Management uses these non-GAAP measures to provide a better reflection of underlying core operations and for trend analysis.
- 6Specific non-GAAP measures highlighted include adjusted operating earnings, adjusted net pretax operating margin, and various equity and debt measures excluding certain impacts like AOCI and CIEs.