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Income Statement for United Amer Ind Ltd (INDM)

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Income Statement for United America Indemnity Ltd.  (INDM) 
$ 12.46      -1.10 (-8.11%) Volume: 41.67 k 4:00 PM EDT Oct 7, 2008
After Hours:  $ 12.45   -0.01 (-0.08%) Volume: 400 4:00 PM EDT Oct 7, 2008
Statement: View:
Income in Thousands of Dollars
12/2007 12/2006 12/2005 12/2004 12/2003
Total Interest Income - - - - -
Total Interest Expense (11,372) (11,393) (9,435) (5,523) (1,604)
Net Interest Income (11,372) (11,393) (9,435) (5,523) (1,604)
Loan Loss Provision - - - - -
Net Interest Income After Loan Loss Provision (11,372) (11,393) (9,435) (5,523) (1,604)
Non-Interest Income 614,632 613,463 562,631 254,520 58,945
Non-Interest Expense (485,694) (494,556) (486,389) (215,140) (52,910)
Special Income/Charges - - - 1,195 46,424
Net Income Before Taxes 117,566 107,514 66,807 35,052 50,855
Premium Tax (Credit) - - - - -
Minority Interest - - 19 - -
Income Taxes (18,680) (18,064) (2,659) 1,995 1,666
Net Income from Continuing Operations 98,886 89,450 64,167 37,047 52,521
Net Income from Discontinued Operations 31 9,968 - - -
Net Income from Total Operations 98,917 99,418 64,167 37,047 52,521
Extraordinary Income/Loss - - - - -
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Other Gains - - 1,426 - -
Total Net Income 98,917 99,418 65,593 37,047 52,521
Results in Dollars (Preferred Dividends in Thousands)
12/2007 12/2006 12/2005 12/2004 12/2003
Dividends Paid Per Share 0.00 0.00 0.00 0.00 0.00
Preferred Dividends - - - - 29,250
Basic EPS from Continuing Operations 2.67 2.43 1.79 1.31 1.42
Basic EPS from Discontinued Operations 0.00 0.27 0.00 0.00 0.00
Basic EPS from Total Operations 2.67 2.70 1.79 1.31 1.42
Basic EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Basic EPS from Other Gains(Loss) 0.00 0.00 0.04 0.00 0.00
Basic EPS, Total 2.67 2.70 1.83 1.31 1.42
Basic Normalized Net Income/Share 2.67 2.43 1.79 1.27 0.16
Diluted EPS from Continuing Operations 2.65 2.41 1.75 1.28 1.42
Diluted EPS from Discontinued Operations 0.00 0.27 0.00 0.00 0.00
Diluted EPS from Total Operations 2.65 2.68 1.75 1.28 1.42
Diluted EPS from Extraordinary Inc 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cum. Effect of Acct Chg 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains(Loss) 0.00 0.00 0.04 0.00 0.00
Diluted EPS, Total 2.65 2.68 1.79 1.28 1.42
Diluted Normalized Net Income/Share 2.65 2.41 1.75 1.24 0.16

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Date:Sep 3, 2008
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