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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
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UnitedHealth Group Inc., Consolidated Income Statement
USD $ in millions
| 12 months ended | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
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Premiums | ![]() |
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Services | ![]() |
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Products | ![]() |
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Revenues | ![]() |
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Medical costs | ![]() |
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Cost of products sold | ![]() |
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Gross profit | ![]() |
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Investment and other income | ![]() |
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Operating costs | ![]() |
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Depreciation and amortization | ![]() |
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Earnings from operations | ![]() |
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Interest expense | ![]() |
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Earnings before income taxes | ![]() |
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Provision for income taxes | ![]() |
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Net earnings | ![]() |
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| Item | Description | The company |
|---|---|---|
| Revenues | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | UnitedHealth Group Inc.'s revenues increased from 2009 to 2010 and from 2010 to 2011. |
| Earnings from operations | The net result for the period of deducting operating expenses from operating revenues. | UnitedHealth Group Inc.'s earnings from operations increased from 2009 to 2010 and from 2010 to 2011. |
| Earnings before income taxes | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | UnitedHealth Group Inc.'s earnings before income taxes increased from 2009 to 2010 and from 2010 to 2011. |
| Net earnings | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | UnitedHealth Group Inc.'s net earnings increased from 2009 to 2010 and from 2010 to 2011. |
May 24, 2012