Kansas City Life Insurance Co (KCLI) financial statements (2020 and earlier)

Company profile

Business Address 3520 BROADWAY
KANSAS CITY, MO 64111-2565
State of Incorp. MO
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)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments504932
Cash and cash equivalents1187
Short-term investments394125
Total current assets:504932
Noncurrent Assets
Property, plant and equipment181818
Total noncurrent assets:181818
Other undisclosed assets4,5044,4484,475
TOTAL ASSETS:4,5724,5154,526
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred tax liabilities(2)(1)2
Total current liabilities:(2)(1)2
Noncurrent Liabilities
Other undisclosed liabilities3,8313,7903,773
Total liabilities:3,8293,7893,775
Stockholders' equity
Stockholders' equity attributable to parent743725750
Common stock232323
Treasury stock, value(183)(176)(174)
Additional paid in capital414141
Accumulated other comprehensive income231454
Retained earnings839823806
Total stockholders' equity:743725750
TOTAL LIABILITIES AND EQUITY:4,5724,5154,526

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

12/31/2014
12/31/2013
12/31/2012
Revenues465484440
Net investment income165170176
Financial services revenue166187136
Cost of revenue(203)(212)(160)
Policyholder account balance, interest expense767982
Deferred policy acquisition costs, amortization expense413728
Financial services costs(203)(212)(160)
Gross profit:262272280
Operating expenses(102)(111)(110)
Operating income:160161170
Nonoperating expense
(Investment Income, Nonoperating)
(9)(13)(13)
Interest and debt expense  (0)
Other undisclosed loss from continuing operations before equity method investments, income taxes(108)(103)(97)
Income from continuing operations before equity method investments, income taxes:434459
Other undisclosed loss from continuing operations before income taxes  (57)
Income from continuing operations before income taxes:43443
Income tax expense(13)(15)(20)
Net income (loss):3030(17)
Other undisclosed net income attributable to parent  57
Net income available to common stockholders, diluted:303040

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):3030(17)
Other comprehensive income (loss)9(40)24
Comprehensive income (loss):39(10)7
Other undisclosed comprehensive income, net of tax, attributable to parent  57
Comprehensive income (loss), net of tax, attributable to parent:39(10)64

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.

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