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Aflac Incorporated Announces Third Quarter Results, Declares Fourth Quarter Cash Dividend
Date:10/23/2007

2006 % Change

Total revenues $11,376 $10,929 4.1%

Benefits and claims 6,855 6,715 2.1

Total acquisition and

operating expenses 2,608 2,458 6.1

Earnings before income

taxes 1,913 1,756 8.9

Income taxes 662 606

Net earnings $1,251 $1,150 8.8%

Net earnings per

share - basic $2.56 $2.32 10.3%

Net earnings per

share - diluted 2.53 2.29 10.5

Shares used to compute earnings per share (000):

Basic 488,493 496,626 (1.6)%

Diluted 494,555 502,926 (1.7)

Dividends paid per share $.595 $.39 52.6%

AFLAC INCORPORATED AND SUBSIDIARIES CONDENSED BALANCE SHEET

(UNAUDITED - IN MILLIONS, EXCEPT FOR SHARE AMOUNTS)

SEPTEMBER 30, 2007 2006 % Change

Assets:

Total investments and cash $55,073 $50,686 8.7%

Deferred policy acquisition

costs 6,481 5,930 9.3

Other assets 2,022 1,737 16.4

Total assets $63,576 $58,353 9.0%

Liabilities and shareholders' equity:

Policy liabilities $49,335 $44,968 9.7%

Notes payable 1,454 1,439 1.0

Other liabilities 4,336 3,781 14.7

Shareholders' equity 8,451 8,165 3.5

Total liabilities and

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SOURCE Aflac Incorporated
Copyright©2007 PR Newswire.
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