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WellPoint Reports Second Quarter 2009 Results
Date:7/29/2009

4 (1.6%) Interest expense 233.1 235.5 (1.0%) Amortization of other intangible assets 134.5 143.1 (6.0%) ----- ----- Total expenses 28,610.4 29,155.3 (1.9%) Income before income taxes 1,946.1 2,065.2 (5.8%) Income tax expense 672.2 726.6 (7.5%) ----- ----- Net income $1,273.9 $1,338.6 (4.8%) ======== ======== Net income per diluted share $2.59 $2.50 3.6% ===== ===== Diluted shares 492.2 535.1 (8.0%) Benefit expense as a percentage of premiums 82.3% 84.2% (190)bp Selling, general and administrative expense as a percentage of total operating revenue 15.4% 14.5% 90bp Income before income tax expense as a percentage of total revenues 6.4% 6.6% (20)bp (1) "NM" = not meaningful WellPoint, Inc. Consolidated Balance Sheets June 30, December 31, (In millions) 2009 2008 -------------- -------------- (Unaudited) Assets Current assets: Cash and cash equivalents $1,724.6 $2,183.9 Investments available-for-sale, at fair value: Fixed maturity securities 14
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SOURCE WellPoint, Inc.
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