Infinity Property & Casualty Corp (IPCC) Financial Statements (2024 and earlier)

Company Profile

Business Address 2201 4TH AVENUE NORTH
BIRMINGHAM, AL 35203
State of Incorp. OH
Fiscal Year End December 31
Industry (SIC) 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2018
MRQ
12/31/2017
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 110966785137165
Cash and cash equivalents 108936285134165
Short-term investments 33513 
Income taxes receivable(0)47
Total current assets: 110966785141172
Noncurrent Assets
Property, plant and equipment 829690564839
Intangible assets, net (including goodwill) 757575757575
Goodwill 757575757575
Total noncurrent assets: 158171165131123115
Other undisclosed assets 2,2062,1352,1552,1692,0532,017
TOTAL ASSETS: 2,4732,4032,3872,3852,3172,304
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities 1,7531,7031,6991,6871,6611,647
Total liabilities: 1,7531,7031,6991,6871,6611,647
Equity
Equity, attributable to parent, including: 720699688698657656
Common stock 222222222222
Treasury stock, value (502)(487)(476)(446)(435)(423)
Additional paid in capital 384379376372369362
Accumulated other comprehensive income 2088231730
Retained earnings 798778758726685666
Other undisclosed equity, attributable to parent (0)0(0)  (0)
Total equity: 720699688698657656
TOTAL LIABILITIES AND EQUITY: 2,4732,4032,3872,3852,3172,304

Income Statement (P&L) ($ in millions)

3/31/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues 1,5181,5391,4841,4621,3451,250
Financial services revenue 1,3711,3921,3471,3261,3031,184
Cost of revenue
(Deferred Policy Acquisition Costs, Amortization Expense)
 (201)(207)(204)20520780
Gross profit: 1,3171,3321,2801,6661,5521,330
Operating expenses (12)(10)(11)(28)(31)(34)
Operating income: 1,3051,3221,2691,6381,5211,296
Nonoperating income
(Investment Income, Nonoperating)
    404366
Interest and debt expense (14)(14)(14)(14)(14)(27)
Other undisclosed loss from continuing operations before equity method investments, income taxes (1,210)(1,246)(1,181)(1,581)(1,505)(1,313)
Income from continuing operations before income taxes: 816275834522
Income tax expense (benefit) (35)(19)(23)(26)(12)2
Income from continuing operations: 454351573324
Income before gain (loss) on sale of properties: 454351573324
Net income: 454351573324
Other undisclosed net loss attributable to parent    (0)  
Net income available to common stockholders, diluted: 454351573324

Comprehensive Income ($ in millions)

3/31/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income: 454351573324
Other comprehensive income (loss) 120(16)7  
Comprehensive income: 574336643324
Other undisclosed comprehensive loss, net of tax, attributable to parent    (0)(13)(5)
Comprehensive income, net of tax, attributable to parent: 574336641919

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.

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