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AMERIGROUP Reports Q4 Net Income of $31.1 Million or $0.57 Per Diluted Share; Full-Year Net Income of $116.5 Million or $2.16 Per Diluted Share
Date:2/13/2008

351,318 -

Premium receivables 82,940 63,594

Deferred income taxes 23,475 21,550

Prepaid expenses, provider and other

receivables and other 82,914 71,544

Total current assets 1,228,208 501,109

Property, equipment and software, net 97,933 81,604

Goodwill and other intangible assets, net 263,009 255,340

Long-term investments, including

investments on deposit for licensure 469,218 500,363

Deferred income taxes 12,075 -

Other long-term assets 18,178 7,279

$2,088,621 $1,345,695

Liabilities and Stockholders' Equity

Current liabilities:

Claims payable $541,173 $385,204

Unearned revenue 55,937 26,116

Accounts payable 6,775 6,285

Accrued expenses and other 167,188 144,522

Current portion of long-term debt and

capital leases 27,935 795

Total current liabilities 799,008 562,922

Long-term debt and capital leases 361,458 415

Other long-term liabilities 14,248 6,136

Deferred income taxes - 7,637

Total liabilities 1,174,714 577,110

Stockholders' equity:

Common stock, $.01 par value 532 523

Additional paid-in capital
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SOURCE AMERIGROUP Corporation
Copyright©2008 PR Newswire.
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4. AMERIGROUP Contracts with Federal Government to Offer Medicare Advantage Health Plans in Seven States
5. AMERIGROUP Corporation to Discuss Third Quarter Earnings on October 25
6. AMERIGROUP to Participate in National Disability Mentoring Day
7. AMERIGROUP Corporation to Present at the 2007 Credit Suisse Healthcare Conference on November 13
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10. AMERIGROUP Foundation Awards $100,000 to Grady Health System Foundation in Atlanta
11. AMERIGROUP Community Care of Georgia Wins New Health Plan Accreditation from NCQA
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