AFLAflac Incorporated

$56B

FY 2011 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$22.1B+6.9% YoY

Gross Profit

$22.1B100.0% margin

Operating Income

$3.0B13.4% margin

Net Income

$1.9B8.8% margin

EPS (Diluted)

$2.06

Cash Flow

Operating Cash Flow

$10.8B

Free Cash Flow

$10.8B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$116.2B

Total Liabilities

$103.3B

Stockholders' Equity

$13.5B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22.1B	$20.7B	+6.9%
Gross Profit	$22.1B	$20.7B	+6.9%
Operating Income	$3.0B	$3.6B	-17.2%
Net Income	$1.9B	$2.3B	-16.8%

AFL FY 2011 Earnings — Aflac Incorporated Revenue & Financial Results | Market Cap Arena