Athene Holding Ltd. (ATH) financial statements (2021 and earlier)
Company profile
| Business Address |
SECOND FLOOR, WASHINGTON HOUSE HAMILTON, HM 11 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 6311 - Life Insurance (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 7,704 | 3,405 | 4,892 | 2,459 | |||
| Cash and cash equivalents | 7,704 | 3,405 | 4,892 | 2,459 | |||
| Total current assets: | 7,704 | 3,405 | 4,892 | 2,459 | |||
| Noncurrent Assets | |||||||
| Other undisclosed assets | 195,067 | 146,875 | 122,100 | 94,855 | 84,261 | ||
| TOTAL ASSETS: | 202,771 | 146,875 | 125,505 | 99,747 | 86,720 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 182,631 | 132,734 | 117,229 | 90,539 | 79,814 | ||
| Total liabilities: | 182,631 | 132,734 | 117,229 | 90,539 | 79,814 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 18,657 | 13,391 | 8,276 | 9,208 | 6,905 | ||
| Additional paid in capital | 6,613 | 4,171 | 3,462 | 3,472 | 3,421 | ||
| Accumulated other comprehensive income (loss) | 3,971 | 2,281 | (472) | 1,415 | 367 | ||
| Retained earnings | 8,073 | 6,939 | 5,286 | 4,321 | 3,117 | ||
| Stockholders' equity attributable to noncontrolling interest | 1,483 | 750 | 1 | ||||
| Total stockholders' equity: | 20,140 | 14,141 | 8,276 | 9,208 | 6,906 | ||
| TOTAL LIABILITIES AND EQUITY: | 202,771 | 146,875 | 125,505 | 99,747 | 86,720 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|
| Revenues | 14,764 | 16,258 | 6,543 | 8,727 | 4,107 | |
| Premiums earned, net | 5,963 | 6,382 | 3,368 | ✕ | ✕ | |
| Net investment income | 4,885 | 4,522 | 4,004 | 3,269 | 2,916 | |
| Financial services revenue | ✕ | ✕ | ✕ | 2,465 | 240 | |
| Cost of revenue | (7,291) | (7,697) | (4,248) | (3,163) | (1,043) | |
| Policyholder benefits and claims incurred, net | (7,187) | (7,587) | (4,187) | ✕ | ✕ | |
| Financial services costs | ✕ | ✕ | ✕ | (3,163) | (1,043) | |
| Gross profit: | 7,473 | 8,561 | 2,295 | 5,564 | 3,064 | |
| Operating expenses | (855) | (744) | (81) | |||
| Operating income: | 6,618 | 7,817 | 2,295 | 5,564 | 2,983 | |
| Nonoperating income (Investment Income, Nonoperating) | 285 | |||||
| Interest and debt expense | (69) | (42) | (41) | |||
| Income from continuing operations before equity method investments, income taxes: | 6,549 | 7,775 | 2,254 | 5,564 | 3,268 | |
| Other undisclosed loss from continuing operations before income taxes | (4,343) | (5,473) | (1,079) | (4,029) | (2,515) | |
| Income from continuing operations before income taxes: | 2,206 | 2,302 | 1,175 | 1,535 | 753 | |
| Income tax expense (benefit) | (285) | (117) | (122) | (87) | 52 | |
| Net income: | 1,921 | 2,185 | 1,053 | 1,448 | 805 | |
| Net loss attributable to noncontrolling interest | (380) | (13) | ||||
| Net income attributable to parent: | 1,541 | 2,172 | 1,053 | 1,448 | 805 | |
| Preferred stock dividends and other adjustments | (95) | (36) | ||||
| Net income available to common stockholders, diluted: | 1,446 | 2,136 | 1,053 | 1,448 | 805 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|
| Net income: | 1,921 | 2,185 | 1,053 | 1,448 | 805 | |
| Other comprehensive income (loss) | 1,857 | 2,770 | (1,879) | 861 | 604 | |
| Comprehensive income (loss): | 3,778 | 4,955 | (826) | 2,309 | 1,409 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (541) | 4 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,237 | 4,959 | (826) | 2,309 | 1,409 | |
Statements sources
The financial statements are based on the company's filings with the 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.