HCC Insurance Income Statement

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Income	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Revenue	609.52M	614.92M	610.52M	584.85M	563.71M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Cost of Revenue	398.37M	439.52M	451.67M	418.76M	417.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Profit	211.15M	175.40M	158.85M	166.09M	146.28M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Research & Development Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Selling, General, & Admin. Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Depreciation & Amortization						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Interest Expense						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Operating Income (Expense)	-87.28M	-56.50M	-70.45M	-63.75M	-77.85M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Operating Expenses	485.65M	496.02M	522.12M	482.51M	495.28M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Operating Income	123.87M	118.90M	88.40M	102.34M	68.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Non-Operating Income	-6.909M	-6.473M	-5.61M	-5.434M	-5.553M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Pretax Income	116.96M	112.43M	82.79M	96.90M	62.88M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Provision for Income Taxes	34.38M	34.09M	22.36M	27.43M	15.89M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income after Tax	82.58M	78.34M	60.44M	69.48M	46.99M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Equity In Affiliates						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income Before Extraordinaries & Disc. Operations	82.58M	78.34M	60.44M	69.48M	46.99M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Investment Gains/Losses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Income/Charges						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Income from Discontinued Operations						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Income	82.58M	78.34M	60.44M	69.48M	46.99M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Earnings Per Share Data	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Average Shares to compute diluted EPS	102.19	109.24	107.05	111.76	114.11	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Average Shares used to compute basic EPS	102.03	109.05	106.92	111.39	113.75	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Basic net	0.80	0.73	0.56	0.61	0.41	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
EPS - Diluted net	0.79	0.72	0.56	0.61	0.41	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro