Kansas City Life Insurance Co (KCLI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3520 BROADWAY KANSAS CITY, MO 64111-2565 |
| State of Incorp. | MO |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6311 - Life Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 50,118 | 48,909 | 31,928 | |||
| Cash and cash equivalents | 11,011 | 8,197 | 7,026 | |||
| Short-term investments | 39,107 | 40,712 | 24,902 | |||
| Total current assets: | 50,118 | 48,909 | 31,928 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 17,527 | 17,524 | 18,343 | |||
| Total noncurrent assets: | 17,527 | 17,524 | 18,343 | |||
| Other undisclosed assets | 4,504,222 | 4,448,233 | 4,475,474 | |||
| TOTAL ASSETS: | 4,571,867 | 4,514,666 | 4,525,745 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Deferred tax liabilities | (2,255) | (709) | 1,996 | |||
| Total current liabilities: | (2,255) | (709) | 1,996 | |||
| Noncurrent Liabilities | ||||||
| Other undisclosed liabilities | 3,831,363 | 3,789,971 | 3,773,348 | |||
| Total liabilities: | 3,829,108 | 3,789,262 | 3,775,344 | |||
| Equity | ||||||
| Equity, attributable to parent | 742,759 | 725,404 | 750,401 | |||
| Common stock | 23,121 | 23,121 | 23,121 | |||
| Treasury stock, value | (182,917) | (176,284) | (173,513) | |||
| Additional paid in capital | 41,007 | 40,989 | 40,969 | |||
| Accumulated other comprehensive income | 23,040 | 14,170 | 54,094 | |||
| Retained earnings | 838,508 | 823,408 | 805,730 | |||
| Total equity: | 742,759 | 725,404 | 750,401 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,571,867 | 4,514,666 | 4,525,745 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 465,019 | 483,593 | 439,927 | ||
| Net investment income | 164,968 | 169,740 | 176,154 | ||
| Financial services revenue | 165,548 | 186,530 | 136,089 | ||
| Cost of revenue | (202,946) | (211,994) | (160,178) | ||
| Policyholder account balance, interest expense | 76,463 | 79,294 | 82,043 | ||
| Deferred policy acquisition costs, amortization expense | 40,888 | 37,228 | 28,042 | ||
| Financial services costs | (202,946) | (211,994) | (160,178) | ||
| Gross profit: | 262,073 | 271,599 | 279,749 | ||
| Operating expenses | (101,738) | (110,622) | (110,169) | ||
| Operating income: | 160,335 | 160,977 | 169,580 | ||
| Nonoperating expense (Investment Income, Nonoperating) | (9,432) | (13,166) | (13,074) | ||
| Interest and debt expense | (4) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (107,919) | (103,356) | (97,007) | ||
| Income from continuing operations before equity method investments, income taxes: | 42,984 | 44,455 | 59,495 | ||
| Other undisclosed loss from continuing operations before income taxes | (56,895) | ||||
| Income from continuing operations before income taxes: | 42,984 | 44,455 | 2,600 | ||
| Income tax expense | (12,994) | (14,888) | (19,628) | ||
| Income (loss) from continuing operations: | 29,990 | 29,567 | (17,028) | ||
| Income (loss) before gain (loss) on sale of properties: | 29,990 | 29,567 | (17,028) | ||
| Net income (loss): | 29,990 | 29,567 | (17,028) | ||
| Other undisclosed net income attributable to parent | 56,895 | ||||
| Net income available to common stockholders, diluted: | 29,990 | 29,567 | 39,867 | ||
Comprehensive Income ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | 29,990 | 29,567 | (17,028) | ||
| Other comprehensive income (loss) | 8,870 | (39,924) | 24,008 | ||
| Comprehensive income (loss): | 38,860 | (10,357) | 6,980 | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 56,895 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 38,860 | (10,357) | 63,875 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.