Universal American Corp (UAM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
44 SOUTH BROADWAY, 12TH FLOOR WHITE PLAINS, NY 10601 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6324 - Hospital and Medical Service Plans (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 73 | 137 | 70 | 77 | |||
| Cash and cash equivalents | 73 | 128 | 70 | 60 | |||
| Short-term investments | 9 | 17 | |||||
| Disposal group, including discontinued operation | 1,113 | ||||||
| Total current assets: | 1,186 | 137 | 70 | 77 | |||
| Noncurrent Assets | |||||||
| Intangible assets, net (including goodwill), including: | 76 | 14 | 20 | 38 | |||
| Goodwill | 68 | ||||||
| Intangible assets, net (excluding goodwill) | 7 | 14 | 20 | 38 | |||
| Other undisclosed intangible assets, net (including goodwill) | ✕ | ✕ | |||||
| Total noncurrent assets: | 76 | 14 | 20 | 38 | |||
| Other undisclosed assets | 476 | 1,874 | 2,012 | 2,416 | |||
| TOTAL ASSETS: | 1,737 | 2,025 | 2,102 | 2,531 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Disposal group, including discontinued operation | 1,095 | ||||||
| Total current liabilities: | 1,095 | ||||||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 259 | 1,411 | 1,437 | 1,519 | |||
| Total liabilities: | 1,355 | 1,411 | 1,437 | 1,519 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 382 | 614 | 665 | 1,012 | |||
| Additional paid in capital | 609 | 667 | 693 | 827 | |||
| Accumulated other comprehensive income (loss) | 3 | 13 | 7 | 29 | |||
| Retained earnings (accumulated deficit) | (230) | (66) | (37) | 155 | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | 1 | |||
| Total equity: | 382 | 614 | 665 | 1,012 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,737 | 2,025 | 2,102 | 2,531 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 1,492 | 2,040 | 2,157 | 2,177 | ||
| Financial services revenue | 1,436 | 1,914 | 2,001 | 2,118 | ||
| Cost of revenue | (1,245) | (1,631) | (1,656) | (1,597) | ||
| Financial services costs | (1,245) | (1,614) | (1,656) | (1,597) | ||
| Gross profit: | 247 | 409 | 500 | 580 | ||
| Operating expenses | (185) | (396) | (634) | (455) | ||
| Operating income (loss): | 62 | 13 | (134) | 125 | ||
| Nonoperating income (Investment Income, Nonoperating) | 37 | 37 | 59 | |||
| Interest and debt expense | (5) | (6) | (6) | (6) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (47) | (60) | (66) | (90) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 10 | (16) | (170) | 88 | ||
| Income (loss) from equity method investments | (10) | (18) | (34) | (10) | ||
| Income (loss) from continuing operations before income taxes: | 0 | (34) | (203) | 78 | ||
| Income tax expense (benefit) | (5) | 4 | 11 | (25) | ||
| Income (loss) from continuing operations: | (5) | (29) | (192) | 53 | ||
| Income (loss) before gain (loss) on sale of properties: | (164) | (29) | (192) | 53 | ||
| Income (loss) from discontinued operations | (159) | |||||
| Net income (loss) available to common stockholders, diluted: | (164) | (29) | (192) | 53 | ||
Comprehensive Income ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (164) | (29) | (192) | 53 | ||
| Comprehensive income (loss): | (164) | (29) | (192) | 53 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (10) | 5 | (22) | 18 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (174) | (24) | (214) | 71 | ||
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.