felanders/preprocessed huggingface dataset:
CFC-I also owns an 85,000 square feet office building in downtown Cincinnati that was leased to an unaffiliated company, on a net, net, net lease basis that expired at the end of 2000. The building is currently available for rent or for sale. This property is carried in the financial statements at $535,000 as of December 31, 2001 and is classified as "Other invested assets."
CLIC owns a four-story office building in the Tri-County area of Cincinnati containing approximately 102,000 rentable square feet. At the present time, 100% of the building is currently being leased by an unaffiliated tenant. This property is carried in the financial statements at $3,196,061 as of December 31, 2001 and is classified as "Other invested assets."
This information is included in the Annual Report of the Registrant to its shareholders on pages 18 and 19 for the year ended December 31, 2001 and is incorporated herein by reference (see exhibit 13 to this filing).
AND 7(A). MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ----------------------------------------------------------- AND RESULTS OF OPERATIONS AND QUANTITATIVE AND QUALITATIVE ----------------------------------------------------------- DISCLOSURES ABOUT MARKET RISK -----------------------------
This information is included in the Annual Report of the Registrant to its shareholders on pages 20 to 33 for the year ended December 31, 2001 and is incorporated herein by reference (see Exhibit 13 to this filing).
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA ------------------------------------------- (a) Financial Statements The following Independent Auditor's Report and consolidated financial statements of the Registrant and its subsidiaries, included in the Annual Report of the Registrant to its shareholders on pages 34 to 46 for the year ended December 31, 2001, are incorporated herein by reference (see Exhibit 13 to this filing).
Independent Auditors' Report Consolidated Balance Sheets--December 31, 2001 and 2000 Consolidated Statements of Income--Years ended December 31, 2001, 2000, and 1999 Consolidated Statements of Shareholders' Equity--Years ended December 31, 2001, 2000, and 1999 Consolidated Statements of Cash Flows--Years ended December 31, 2001, 2000, and 1999. Notes to Consolidated Financial Statements
(b) Supplementary Data Selected quarterly financial data, included in the Annual Report of the Registrant to its shareholders on page 33 for the year ended December 31, 2001, is incorporated herein by reference (see Exhibit 13 to this filing).
Refer to the Selected Financial Data on pages 66 through 67 of the 2010 Financial Report to Shareholders, attached as Exhibit 13 and incorporated by reference herein.
Refer to the Management’s Discussion and Analysis of Financial Condition and Results of Operations on pages 6 through 32 of the 2010 Financial Report to Shareholders, attached as Exhibit 13 and incorporated by reference herein. Certain accounting policies are viewed by management to be “critical accounting policies.” These policies relate to unpaid loss and settlement expenses, investment valuation and other-than-temporary impairment, recoverability of reinsurance balances, deferred policy acquisition costs and deferred taxes. A detailed discussion of these critical accounting policies can be found on pages 8 through 13 of the 2010 Financial Report to Shareholders, attached as Exhibit 13 and incorporated by reference herein.
Throughout this report (including portions incorporated by reference herein), we present our operations in the way we believe will be most meaningful, useful and transparent to anyone using this financial information to evaluate our performance. In addition to the GAAP presentation of net income, we show certain statutory reporting information and other non-GAAP financial measures that are valuable in managing our business, including underwriting income, gross premiums written, net written premiums and combined ratios. A detailed discussion of these measures can be found on page 7 of the 2010 Financial Report to Shareholders, attached as Exhibit 13 and incorporated by reference herein.
The answer to this Item is incorporated by reference to pages 10 through 23 of the Company's Annual Report to Stockholders for the year ended December 31, 1995, which is included as Exhibit (13) to this Form 10-K Report.
"Selected Consolidated Financial Data" on page 2 of DHC's 1999 Annual Report to Stockholders (included as an exhibit hereto) is incorporated herein by reference.
"Management's Discussion and Analysis of Financial Condition and Results of Operations" on pages 3 through 8 of DHC's 1999 Annual Report to Stockholders (included as an exhibit hereto) is incorporated herein by reference.
The Company is headquartered in Richmond, Virginia, where it owns a four-story building with 265,000 square feet. The Company also owns an office facility and warehouse in Roanoke, Virginia with 201,000 square feet and an office facility in Fayetteville, North Carolina with 71,000 square feet. The Company leases an additional 428,000 square feet at various other locations in Richmond, Virginia. The Company also leases space at two other facilities in Roanoke, Virginia comprising 52,000 square feet. These properties are primarily used by the health insurance segment for operations and for corporate administration.
Refer to pages 18 through 19, "Selected Consolidated Financial and Operating Data," of Trigon Healthcare Inc.'s Annual Report to Shareholders, which are incorporated herein by reference.
The selected financial data is incorporated by reference from page 1 of the Annual Report to Shareholders for the year ended December 31, 1995. See page 33 of this report.
The consolidated financial statements of McM Corporation and subsidiaries and the report of independent auditors filed in response to Item 8 are incorporated by reference from the Annual Report to Shareholders beginning on page 8. See page 46 of this report.
A summary of the quarterly results of operations for the years ended December 31, 1995, and December 31, 1994, is incorporated by reference from the Annual Report to Shareholders on page 20. See page 69 of this report.
Progressive’s corporate headquarters are located on a 42-acre parcel in Mayfield Village, Ohio. We also have a 72-acre corporate office complex near the headquarters. Buildings on these two sites contain approximately 1.6 million square feet of office space.
Registrant and its subsidiaries own several investment properties, none of which are material to Registrant's business.
The "Selected Financial Data" section on pages 6 and 7 of the Registrant's annual report to security holders for the year ended December 31, 1996, is incorporated herein by reference.
The total operating expense, including rent expense, for all office space occupied by the Company in 2003 was $20.7 million. This amount was reduced by allocations to the Property and Casualty Group of $12.9 million for claims operations. The net amount after allocations is reflected in the cost of management operations.
Unitrin Direct leases facilities with an aggregate square footage of approximately 31,000 at 2 locations in California and Pennsylvania. The latest expiration date of the existing leases is October 2005.
The Company's consolidated financial statements, financial statement schedules, the report of its independent registered public accounting firm and the selected quarterly financial data required by Item 302 of Regulation S-K are listed on page of this report.
In addition, the Company owns buildings in Louisville, Kentucky, and San Antonio, Texas, and leases a facility in Jacksonville, Florida, all of which are used for customer service and claims processing. The Louisville facility also performs enrollment processing and other corporate functions.
The response to this Item is incorporated by reference to page 8 of our Annual Report to Stockholders for the year ended December 31, 2007, which is included as Exhibit (13) to this Form 10-K Report.
The historical consolidated financial data presented below as of and for each of the periods ended December 31, 2007, 2006, 2005, 2004, and 2003 were derived from our consolidated financial statements which are incorporated herein by reference to the Annual Report. The selected consolidated financial data should be read in conjunction with our consolidated financial statements and related notes thereto, and with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” also contained in the Annual Report and incorporated herein by reference.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND - ------- --------------------------------------------------------------- RESULTS OF OPERATIONS. ---------------------- The "Management's Discussion and Analysis of Financial Condition and Results of Operations" section from the Company's Annual Report to Stockholders for the year ended December 31, 2001, which is included as Exhibit 13(b) to this Form 10-K, is incorporated herein by reference.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. - ------- -------------------------------------------- The consolidated financial statements from the Company's Annual Report to Stockholders for the year ended December 31, 2001, which is included as Exhibit 13(c) to this Form 10-K, are incorporated herein by reference.
The Company owns no properties and utilizes space on a rent-free basis from Kip Eardley, the Company’s officer and director. This arrangement is expected to continue until such time as the Company becomes involved in a business venture which necessitates its relocation, as to which no assurances can be given. The Company has no agreements with respect to the maintenance or future acquisition of the office facilities, however, if a successful merger/acquisition is negotiated, it is anticipated that the office of the Company will be moved to that of the acquired company.
Incorporated in this Item 7 by reference to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" beginning on page D-4 of Appendix D to the Proxy Statement.
The consolidated financial statements of the Parent, including the notes to such statements, beginning on page D-36 of Appendix D to the Proxy Statement are incorporated in this Item 8 by reference. Quarterly results are discussed in Note 19 on page D-79.
PMA Capital Corporation’s and PMA Re’s headquarters are located in 87,500 square feet of leased space in center city Philadelphia, Pennsylvania. The PMA Insurance Group’s headquarters are located in a four story, 110,000 square foot building in Blue Bell, Pennsylvania. We also lease approximately 63,000 square feet of office space in Yardley, Pennsylvania, which previously housed our excess and surplus lines business and now is subleased to an unaffiliated third party.
Our Consolidated Financial Statements and Notes to Consolidated Financial Statements on pages 49 through 72 and the Report of Independent Accountants on page 73 of the Annual Report are incorporated herein by reference, as is the unaudited “Income Statement Data” and “Per Share Data” under the caption “Quarterly Financial Information” on page 74 of the Annual Report.
Financial Accounting Board Statement No. 130 "Reporting Comprehensive Income" was issued in June 1997. This pronouncement will require the Company to make certain revisions in its annual and interim report format beginning in 1998.
Financial Accounting Board Statement No. 131 "Disclosures About Segments of an Enterprise and Related Information" was also issued in June 1997. This pronouncement will require the company to disclose reportable segments on a basis in which management disaggregates the company. It is effective for the Company's 1998 Annual Statement. These pronouncements are not expected to materially impact the company's financial position or results of operations.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL - ------- ------------------------------------------------------ CONDITION AND RESULTS OF OPERATIONS. - ---------------------------------------- The "Management's Discussion and Analysis of Results of Operations and Financial Condition" section from the Company's annual report to stockholders for the year ended December 31, 2002, which is included as Exhibit (13)(B) to this Form 10-K Report, is incorporated herein by reference.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. - ------- ------------------------------------------------ The consolidated financial statements from the Company's annual report to stockholders for the year ended December 31, 2002, which is included as Exhibit (13)(D) to this Form 10-K Report, are incorporated herein by reference.
The home office of the Company is a building complex located at 151 Farmington Avenue, Hartford, Connecticut that is approximately 1.2 million square feet in size. The home office is used by all the Company’s business segments. The Company also owns or leases other space in the greater Hartford area; Blue Bell, Pennsylvania; and various field locations throughout the country. Such properties are primarily used by the Company’s Health Care segment. The Company believes its properties are adequate and suitable for its business as presently conducted.
The information contained in Consolidated Financial Statements, Notes to Consolidated Financial Statements, Report of Independent Registered Public Accounting Firm and Quarterly Data (unaudited) are incorporated herein by reference to the Annual Report.
The information with respect to selected consolidated financial data regarding the Company is contained under the caption “Selected Consolidated Financial Data” in the 2003 Annual Report and is incorporated by reference to page 21 in Exhibit 13.1 filed with this Form 10-K.
The information with respect to management’s discussion and analysis of financial condition and results of operations, is contained under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the 2003 Annual Report and is incorporated by reference to pages 22 through 54 in Exhibit 13.1 filed with this Form 10-K.
The Company’s consolidated financial statements are contained in the 2003 Annual Report and are incorporated by reference to pages 60 through 101 in Exhibit 13.1 filed with this Form 10-K. Reference is made to Item 15(a) of this report for the Schedules to the Company’s consolidated financial statements.
Fire, Marine and Accident Depi. Premium Reserve from 1899 Reserve for outstanding losses from 1899 Net premiums ... ...
Life Dept. Surrenders Retrocession Premiums Commissions and expenses ... Losses paid, less retrocession Annuities paid Premium Reserve Annuity Fund ... Reserve for outstanding losses Expenses of management Taxes Amortisation on Securities Net profit
Shareholders' Capital (4000 shares of Fr. 2000 each) Reserve Fund Special Reserve Due to other Companies Sundry creditors Reserve, Fire, Marine and Accident Dep*-: for unexpired risks , outstanding losses
Reserves, Life Dep*-: Premium Reserve Annuity Fund Reserve for outstanding losses ... .
Chicago Trust leases about 57,000 square feet at 171 North Clark Street in Chicago, Illinois. In 1998, Montag & Caldwell entered into a lease covering approximately 23,500 square feet of office space for its new headquarters in Atlanta, Georgia. The lease term is expected to begin in the third quarter of 1999 upon completion of construction and relocation. Currently, Montag & Caldwell leases about 18,400 square feet in Atlanta, Georgia and Security Trust leases about 8,100 square feet in San Diego, California.
The information required by this Item 6 is incorporated by reference from page 22 of Alleghany's Annual Report to Stockholders for the year 1998, filed as Exhibit 13 hereto.
The information required by this Item 7 is incorporated by reference from pages 3 through 5, 7, 9 through 11, 13 through 15, 17, 19, and 24 through 28, of Alleghany's Annual Report to Stockholders for the year 1998, filed as Exhibit 13 hereto.
Fire, Marine and Accident Depl. Premium Reserve from 1898 Reserve for outstanding losses from 1898 Net premiums
Reserves, Life Dep'-: Premium Reserve Annuity Fund Reserve for outstanding losses ...
Due by other Companies Due for Premium Reserve, Life Dep* Accrued interest
The Consolidated Financial Statements and Notes thereto included in Zenith's 2005 Annual Report to Stockholders is hereby incorporated by reference.
The information required by this Item is incorporated herein by reference from "Summary Consolidated and Operating Data" on page 15 in Guarantee Life's 1996 Annual Report to Shareholders. Net income from continuing operations was $1.48 per share in 1996. Cash dividends declared were $.16 per share in 1996.
Financial Statements and Supplementary Data. The information required by this Item is incorporated herein by reference from pages 26 - 53 in Guarantee Life's 1996 Annual Report to Shareholders.
The information required by this Item is included in the Registrant’s Annual Report to Shareholders for the year ended December 31, 2006, under the caption “Selected Financial Data” and is incorporated herein by reference.
The information required by this Item is included in the Registrant’s Annual Report to
The Company's U.S. offices are located at 4720 Kingsway Drive, Indianapolis, Indiana in office space subleased from Superior Group. SIG's headquarters are located at 4720 Kingsway Drive, Indianapolis, Indiana in a building that is owned 100% by Pafco with no encumbrances. Superior Group leases office space at 4720 Kingsway Drive, Indianapolis, Indiana from Pafco. The building is an 80,000 square foot multilevel structure; approximately 50% of which is utilized by the Company and certain of its subsidiaries. The remaining space is leased to third parties at a price of approximately $10 per square foot. All corporate administration, accounting and management functions are contained at this location.
Superior's operations are conducted at leased facilities in Atlanta, Georgia; Anaheim, California; and Tampa and West Palm Beach, Florida. Under a lease term that extends through 2003, Superior leases an office at 280 Interstate North Circle, N.W., and Suite 500, Atlanta, Georgia. Superior leases an office located at 5483 West Waters Avenue, Suite 1200, Tampa, Florida for a lease term extending through December 2007. Superior occupies a leased office located at 1745 West Orangewood, Anaheim, California for a lease term extending through May 2006. Superior occupies a leased office at 4500 PGA Blvd., Suite 304A, West Palm Beach, Florida for a lease term extending through September 2007.
Claims activities are conducted in Atlanta, Indianapolis, Tampa and Anaheim. Underwriting, customer service, and accounting and administration activities are conducted in Indianapolis.
SIGF is located at 2300 Glades Road, Suite 135E, Boca Raton, Florida in leased space.
The Company considers all of its properties suitable and adequate for its current operations.
CNA Plaza, owned by Continental Assurance Company, is a 1,421,000 square foot office complex located at 333 S. Wabash, Chicago, Illinois. The forty-five story office building serves as the home office for CNA and its insurance subsidiaries. An adjacent building (a 614,000 square foot building located at 55 E. Jackson Blvd.), jointly owned by Continental Casualty Company and Continental Assurance Company, is partially situated on grounds under leases expiring in 2058. Approximately 35% of the adjacent building is rented to non-affiliates.
Statement of Consolidated Cash Flows - Years Ended December 31, 1994, 1993 and 1992
Citizens owns its home office, located at 645 W. Grand River, Howell, Michigan, which is approximately 118,554 rentable square feet. Citizens also owns a three-building complex located at 808 North Highlander Way, Howell, Michigan, with approximately 155,730 rentable square feet, where various business operations are conducted.
Reference is made to "Management's Discussion and Analysis of Financial Condition and Results of Operations" on pages 18-44 of the 2001 Annual Report to Shareholders, which is incorporated herein by reference.
The Company and its consolidated subsidiaries own and lease offices in various locations primarily in the United States. None of these properties is
material to the Company's business. At December 31, 1996, the Company and its consolidated subsidiaries employed approximately 9,300 persons in approximately 480 offices.
See the information in 'Reliance Group Holdings, Inc. & Subsidiaries Financial Review' on pages 24 through 31 of the Reliance Group Holdings 1996 Annual Report, which information is incorporated herein by reference.
CIGNA's headquarters are located in approximately 90,240 total square feet of leased office space at One Liberty Place, Philadelphia, Pennsylvania. CIGNA Property & Casualty, CIGNA Group Insurance: Life, Accident, Disability, and CIGNA International are located in a leased building of approximately 1.25 million total square feet at Two Liberty Place, Philadelphia. CIGNA HealthCare, CIGNA Individual Insurance, CIGNA Reinsurance: Life, Accident, Health and CIGNA Investment Management are located in a complex of buildings owned by CIGNA, aggregating approximately 1.15 million total square feet of office space, located at 900-950 Cottage Grove Road, Bloomfield, Connecticut. CIGNA's Retirement & Investment Services operations are located in approximately 230,000 total square feet of leased office space at Metro Center One, Hartford, Connecticut. In addition, CIGNA owns or leases office buildings, or parts thereof, throughout the United States and in other countries. For additional information concerning leases and property, see Notes 2(H) and 15 to CIGNA's 1995 Consolidated Financial Statements of CIGNA's 1995 Annual Report. This paragraph does not include information on investment properties.
Fire and Marine owns The St. Paul's corporate headquarters buildings, located at 385 Washington Street and 130 West Sixth Street, St. Paul, MN. These buildings are adjacent to one another and connected by skyway, and consist of approximately 1.1 million square feet of gross floor space. Fire and Marine also owns a building in Freeport, Illinois that houses a portion of its personal insurance operations, and property in Woodbury, MN where its Administrative Services Building and off-site computer processing operations are located. The St. Paul also owns the former USF&G headquarters campus known as Mount Washington Center, located in Baltimore, MD. The campus currently houses offices for certain executives of The St. Paul, as well as offices for certain underwriting, legal and claim personnel. A training and development center also resides on the Mount Washington campus. The St. Paul has entered into an agreement to lease a substantial portion of one of the buildings on the campus to an outside party.
St. Paul International Insurance Company Ltd. owns a building in London, England, which houses a portion of its operations. One of the two Minet buildings in London that The St. Paul retained ownership of after the sale of Minet to Aon in 1997 was sold at the end of 1998. In March 1999, The St. Paul reached an agreement to lease the other Minet building to an outside party.
Management's Discussion and Analysis of Financial Condition and Results of Operations is set forth under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" on pages 18 through 24 of the Company's 1996 Annual Report to Shareholders. Such information is incorporated herein by reference and should be read in conjunction with the Consolidated Financial Statements and the Notes thereto contained on pages 26 to 44 of such Annual Report.
The 1996 Consolidated Financial Statements, together with the Notes thereto and the Report of Independent Accountants thereon, are set forth on pages 25 through 44 of the Company's 1996 Annual Report to Shareholders. Such information is incorporated herein by reference.
CIGNA’s headquarters are located in approximately 50,000 square feet of leased office space at One Liberty Place, Philadelphia, Pennsylvania. CIGNA Group Insurance, CIGNA International, portions of CIGNA Health Care and CIGNA’s staff support operations are located in leased premises of approximately 635,000 square feet at Two Liberty Place, Philadelphia. CIGNA Health Care is the primary occupant of a complex of buildings owned by CIGNA, aggregating approximately 1.5 million square feet of office space, located at 900-950 Cottage Grove Road, Bloomfield, Connecticut. In addition, CIGNA owns or leases office buildings, or parts thereof, throughout the United States and in other countries. For additional information concerning leases and property, see Notes 2(H) and 18 to CIGNA’s 2004 Financial Statements included in its Annual Report. This paragraph does not include information on investment properties.
The Registrant's home office and educational facilities are owned by the Registrant and located in Atlanta, Georgia. As of December 31, 1997, the Registrant leased approximately 575 office locations under leases with remaining terms ranging from a few months to ten years. The remainder of its office locations are occupied under various short-term rental arrangements. The Registrant also leases certain computer equipment. See Note 6 of Notes to Consolidated Financial Statements included in the Registrant's 1997 Annual Report to Shareholders filed herewith as Exhibit 13.1, which notes are incorporated herein by reference.
The Registrant owns or leases approximately 2,093 automobiles which are used by the Registrant's field adjusters and certain of its management personnel in the United States. Additional vehicles are owned or leased by the Registrant's foreign subsidiaries for use by field and management personnel.
The five-year financial information under the caption "Highlights" on page 1 of CIGNA's 1994 Annual Report is incorporated by reference.
The information on pages 8 through 23 of CIGNA's 1994 Annual Report is incorporated by reference.
We own a 130,000 square foot office facility in Woodland Hills, California which is the corporate home office of Zenith National and its subsidiaries. We also own a 120,000 square foot branch office facility in Sarasota, Florida. In the regular conduct of business, we lease offices in various cities. See Note 10 - "Commitments and Contingencies - Leases" of our Consolidated Financial Statements in our 2008 Annual Report to Stockholders, which is hereby incorporated by reference. We consider our owned and leased facilities to be adequate for the needs of our organization.
"5-Year Summary of Selected Financial Information" in Zenith's 2008 Annual Report to Stockholders is hereby incorporated by reference.
"Management's Discussion and Analysis of Consolidated Financial Condition and Results of Operations" in Zenith's 2008 Annual Report to Stockholders is hereby incorporated by reference.
Selected Financial Data for the Company is contained on page 36 of The Liberty Corporation Annual Report to Shareholders and is filed as Exhibit 13 on page 35 of this report and is incorporated in this Item 6 by reference.
Management's Discussion and Analysis of Financial Condition and Results of Operations is contained on pages 7-11, 14-16 and 19 of The Liberty Corporation Annual Report to Shareholders and is filed as Exhibit 13 on pages 36-44 of this report and is incorporated in this Item 7 by reference.
Kansas City Life's Home Office is located at 3520 Broadway, Kansas City, Missouri 64111-2565, in two five story buildings which are owned and wholly occupied by the Company. The main part of the complex was completed in 1924, with a substantial addition being completed in 1957. An adjacent structure of approximately 85,000 square feet was completed in 1985. The buildings are connected with both above and underground walkways, are of steel and concrete construction, are fully air-conditioned, and contain approximately 243,700 square feet of useable office space. As of December 31, 1994, the depreciated cost of these buildings and the surrounding eight acre tract of landscaped land owned by the Company was $8,743,000.
Sunset's Home Office property is located at 3200 Capitol Boulevard, Olympia, Washington, 98501-3396. The main building is located on approximately 4.3 acres of land, is of reinforced concrete construction, one and one-half story in height, with approximately 25,000 square feet of usable space. In 1981, the subsidiary constructed a separate building of reinforced concrete of a similar design to the main office building. It is located adjacent to and connects to the main office building. It is a one-story structure with a full basement with a total of approximately 12,500 square feet. As of December 31, 1994, the depreciated cost of both of these buildings and the surrounding area of land was $1,141,000.
Management's Discussion and Analysis of Financial Condition and Results of Operations is incorporated herein by reference from "Management's Discussion and Analysis" on pages 16-25 in American General's 1994 ARS.
Financial statements and supplementary data are incorporated herein by reference from pages 26-44 in American General's 1994 ARS. The ratios of earnings to fixed charges are incorporated herein by reference from Exhibit 12 of Item 14 of this Form 10-K.
We now have no business operations. We are a public shell corporation in search of a suitable, going-concern private company for the purpose of a business combination through a reverse merger. Our search efforts are conducted through our management and friends of our management.
All of our properties are owned or leased by subsidiaries of The Progressive Corporation and are used for office functions (corporate, claims, and business unit), as call centers, as data centers, for training, or for warehouse space.
We own 88 buildings located throughout the United States. Nearly two-thirds of these buildings are claims offices. Our owned facilities, which contain approximately 5.0 million square feet of space, are generally not segregated by segment. We own significant locations in Mayfield Village, Ohio and surrounding suburbs (including our corporate headquarters); Colorado Springs, Colorado; St. Petersburg, Florida; and Tampa, Florida.
We lease approximately 2.2 million square feet of space throughout the United States. These leases are generally short-term to medium-term leases of commercial space.
See Note 15 - Redeemable Noncontrolling Interest and Note 17 - Subsequent Event in the Annual Report, for additional discussion of controlling interest in ARX.
The Consolidated Financial Statements of Progressive, along with the related Notes, Supplemental Information, and Report of the Independent Registered Public Accounting Firm, are incorporated by reference from our Annual Report.
Life DepL. Premium Reserve and Annuity Fund from 1903 . . . Reserve for outstanding losses from 1903 ...... Premiums, less cancellations . . Consideration for Annuities, less commissions ... . Interest . Interest, after deduction of interest on Life Dept' account
Life DepL. Retrocession Premiums Retrocession on annuities . . Commissions and expenses . . . Surrenders Losses paid, less retrocession . . . ... . . . . . . . Annuities paid . Premium Reserve Annuity Fund Reserve for outstanding losses Expenses of management . . . . '. . , . . . T Taxes ....... Amortisation on Securities . ... ... . . . . . Net profit .
Shareholder's Capital (4000 shares of Pr. 2000 each) . . 8,000,000 Reserve Fund ... 1,000,000 — Special Reserve 600,000 — Due to other Companies ............ 2,220,762 88 Sundry creditors 57,060 98 Reserves, Fire, Marine, Accident and Burglary Dep^-: for unexpired risks Fr. 4,431,541.57 „ outstanding losses . . . ..... . . . „ 3,823,330.- 8,254,871 57
Assets. Shareholders . . ... . 6,000,000 — House Property . ... .... ..... . . Fr. 350,000. -
Board of Directors; Colonel H. Nabholz, Chairman . J. R. Hanhart, Deputy-chairman
approximately 30,300 square feet in a single facility in downtown Boston pursuant to a lease which expires in 2002. Keyport leases approximately 76,000 square feet in a single facility in downtown Boston pursuant to a lease which expires in 2002. Colonial leases approximately 149,000 square feet of office space in a single facility in downtown Boston under a lease which expires in 2006 and approximately 21,700 square feet in Aurora, Colorado under a lease which expires in November, 2000. Stein Roe leases 142,000 square feet in downtown Chicago pursuant to a lease which expires in 2009. Independent leases approximately 23,200 square feet in Purchase, New York under a lease which expires in 2007.
Management's Discussion and Analysis of Financial Condition and Results of Operations appears in a separate section of this Annual Report on Form 10-K beginning on page.
Further to our recent mailing to you of the 2015 Annual Report and Accounts, it has come to our attention that, due to a printing error, the document contained an incorrect table on page 129 in Note 9 to the Accounts.
The correct version of page 129, as reported in the Company’s 2015 Preliminary Results announcement on 25 February 2016, is provided overleaf for your reference, and to place with your hard copy document. An updated version of the Annual Report and Accounts is also available on our website at www.rsagroup.com and will be presented at the Annual General Meeting on 6 May 2016.
RSA Annual Report and Accounts 2015 129Financial statements – Notes to the Income Statement and Other Comprehensive Income
The selected financial data is incorporated by reference from the Annual Report to Shareholders for the year ended December 31, 1997. See page 31 of this report.
The consolidated financial statements of McM Corporation and subsidiaries and the report of independent auditors filed in response to Item 8 are incorporated by reference from the Annual Report to Shareholders beginning on page 46 of this report.
A summary of the quarterly results of operations for the years ended December 31, 1997, and December 31, 1996, is incorporated by reference from the Annual Report to Shareholders on page 70 of this report.
Our principal office is a building complex located at 151 Farmington Avenue, Hartford, Connecticut that is approximately 1.7 million square feet in size. Our principal office is used by all of our business segments. We also own or lease other space in the greater Hartford area; Blue Bell, Pennsylvania; and various field locations in the United States and several foreign countries. Such properties are primarily used by our Health Care segment. We believe our properties are adequate and suitable for our business as presently conducted.
The information contained in Consolidated Financial Statements, Notes to Consolidated Financial Statements, Report of Independent Registered Public Accounting Firm and Quarterly Data (unaudited), beginning on page 44 of the Annual Report, is incorporated herein by reference.
The Company's principal corporate office is located in Boston, Massachusetts. The Company leases the 11,000 square feet of space in this site pursuant to a lease agreement expiring in 2003. The Company also leases all of its offices located in 49 states and three Canadian provinces. Thirteen of the Company's offices are leased from Colonial Realty Trust, of which Ms. Silverman and Mr. Larson are the trustees and beneficiaries. The Company believes that its facilities are adequate for its current needs and that suitable additional space will be available as required.
Selected Financial Data appears on page 38 of the Company's 1996 Annual Report to Stockholders is incorporated herein by reference.
Substantially all of the Company's worldwide facilities are leased. No difficulty is anticipated in negotiating renewals as leases expire or in finding other satisfactory space if the premises become unavailable. For further information concerning the Company's obligations under capital leases and noncancelable operating leases see Notes 8 and 13 of Notes to Financial Statements in the 1995 Annual Report.
Information under the caption "Selected Financial Data" in the 1995 Annual Report is incorporated herein by reference.
Information under the caption "Management's Discussion and Analysis of Financial Condition & Results of Operations" in the 1995 Annual Report is incorporated herein by reference. Certain sections of the information incorporated herein by reference contain forward-looking statements. Such statements include without limitation, discussions concerning revenue growth, market and industry conditions, interest rates, restructuring charges, contingencies and matters relating to the Company's discontinued operations and income taxes. Such forward-looking statements are based on available current market and industry materials, expert's reports and opinions, as well as management's expectations concerning future events impacting the Company. There can be no assurance that such forward-looking statements will occur or that the Company's results will be as anticipated. Accordingly, the Company's actual consolidated results for the first quarter of 1996 and beyond could differ materially from the forward-looking statements incorporated herein.
Consolidated Statements of Cash Flows for each of the three years in the period ended December 31, 1995.
Material appearing under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" included in the Proxy Statement is incorporated herein by reference.
Information regarding the Company's financial condition and results of operations is included under the caption "MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS" in the Company's 1997 Annual Report to Stockholders and is incorporated herein by reference.
The Company owns its headquarters facility and an additional office/warehouse facility, both located in Milwaukee, Wisconsin, which contain an aggregate of approximately 340,000 square feet of space.
The consolidated statements of operations, of shareholders' equity and of cash flows for each of the years in the three-year period ended December 31, 1998, and the related consolidated balance sheet of the Company as of December 31, 1998 and 1997, together with the related notes thereto and the report of independent accountants, as well as the unaudited quarterly financial data, all set forth in Exhibit 13 to this Annual Report on Form 10-K, are hereby incorporated by reference in answer to this Item.
We own 93 buildings located throughout the United States. Nearly two-thirds of our owned buildings are for our Service Centers, the majority of which are combined with a claims office. As we transition our claims processing away from the Service Centers, we plan to convert these owned facilities to additional claims office space to accommodate growth and maintain a local presence. Our owned facilities, which contain approximately 4.9 million square feet of space, are generally not segregated by industry segment. We own significant locations in Mayfield Village, Ohio and surrounding suburbs (including our corporate headquarters); Colorado Springs, Colorado; St. Petersburg, Florida; Tampa, Florida; and Tempe, Arizona.
At December 31, 1997, the Company leased office space in various cities throughout the United States under leases expiring between 1998 and 2002 and which required annual rentals of $1.9 million in 1997.
The consolidated statements of operations, of shareholders' equity and of cash flows for each of the years in the three- year period ended December 31, 1997, and the related consolidated balance sheet of the Company as of December 31, 1997 and 1996, together with the related notes thereto and the report of independent accountants, as well as the unaudited quarterly financial data, all set forth in Exhibit 13 to this Annual Report on Form 10-K, are hereby incorporated by reference in answer to this Item.
Management's Discussion and Analysis of Financial Condition and Results ----------------------------------------------------------------------- of Operations. -------------
The Financial Statements on pages 12 through 35 of Exhibit 13 representing pages 21 through 44 of the Company's annual report to security holders for the fiscal year ended December 31, 2000, are incorporated herein by reference.
The Company also owns seven other buildings in suburbs adjoining the corporate office complexes, six buildings in Tampa, Florida, and a building in each of the following cities: Tempe, Arizona; Ft. Lauderdale, Florida; Albany, New York; Tigard, Oregon; Plymouth Meeting, Pennsylvania; and Austin, Texas. Six of these buildings are partially leased to non-affiliates. In total, these buildings contain approximately 1.63 million square feet of office, warehouse and training facility space and are owned by subsidiaries of the Company. These facilities are occupied by the Company’s business units or other operations and are not segregated by industry segment.
The Company leases approximately 680,000 square feet of office and warehouse space at various locations throughout the United States for its other business units and staff functions. In addition, the Company leases 356 claim offices, consisting of approximately 1.86 million square feet, at various locations throughout the United States. These leases are generally short-term to medium-term leases of standard commercial office space.
The Consolidated Financial Statements of the Company, along with the related notes, supplementary data and report of independent accountants, are incorporated by reference from the Company’s Annual Report, pages 30 through 45 and pages 52 through 59.
Management's Discussion and Analysis of Financial Condition and Results of Operations in the 2006 Annual Report to Shareholders is incorporated by reference in this Form 10-K Annual Report.
The financial statements and supplementary data in the 2006 Annual Report to Shareholders are incorporated by reference in this Form 10-K Annual Report.
Management's Discussion and Analysis of Financial Condition and Results of Operations appears on pages 4-20 in the Annual Report to the Stockholders for the year ended December 31, 2016, and is incorporated herein by reference.
The information set forth in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of the Company’s 2002 Annual Report is incorporated herein by reference.
The 2002 Financial Statements and the Company’s Independent Auditors’ Report set forth in the “Report of Management” section of the Company’s 2002 Annual Report are incorporated herein by reference, as is the unaudited information set forth in the Notes to the Financial Statements under the caption “Quarterly Results of Operations (Unaudited).”
Return on average equity equals the annual net 	(loss) income divided by the average of the shareholders’ 	investment on the first and last day of the respective period.
SELECTED FINANCIAL DATA FOR THE FIVE YEARS ENDED DECEMBER 31, 1999
The Company provides medical services in owned or leased medical centers ranging in size from approximately 1,500 to 80,000 square feet. The Company's administrative market offices are generally leased, with square footage ranging from approximately 700 to 89,000. The following chart lists the location of properties used in the operation of the Company at December 31, 1997:
The Company acquired a building in St. Louis, Missouri on June 1, 1992, and utilizes approximately one-half of the space for its home office and the remainder is leased to other companies. The Company acquired permanent financing in the amount of $600,000 with interest at 7.75%. The financing is for a period of four years and matures on October 31, 1997. As of December 31, 1995 the Company owed $513,333 on this loan.
The Company acquired two parcels of real estate in Jefferson City, Missouri on September 19, 1989, at a cost of $121,687. Renovation of the structures were completed during 1992 at a cost of $168,732, and MOMEDICO moved its Central Missouri Claims office into one of the buildings. On June 30, 1995, the Company sold the parcel of real estate adjacent to its Central Missouri claims office and net proceeds from the sale of approximately $54,000 were applied to the mortgage. The Company reported a gain of $1,962 on the sale. At December 31, 1995, the Company owed $180,310 on a bank loan with interest at 8.00%. The loan matures on September 1, 1996. The Company expects to refinance both loans at their maturity and does not anticipate difficulties in the refinancing activities.
The information required by Items 6, 7, and 8 of this Part II are hereby incorporated by reference to pages 13 through 28 of the registrants' 1995 annual report to stockholders, a copy of which is filed as Exhibit 13 hereto.
The information required by this Item is incorporated herein by reference from "Management's Discussion and Analysis of Financial Condition and Results of Operations" on pages 20-29 in Guarantee Life's 1997 Annual Report to Shareholders.
The information required by this Item is incorporated herein by reference from pages 30-59 in Guarantee Life's 1997 Annual Report to Shareholders.
The information called for by this item can be found in Trenwick Group Ltd.'s 2001 Annual Report to Shareholders under the caption "Management's Discussion and Analysis of Financial Condition and Results of Operations" and is incorporated herein by reference.
The information called for by this item can be found in Trenwick Group Ltd.'s 2001 Annual Report to Shareholders immediately following the section captioned "Management's Discussion and Analysis of Financial Condition and Results of Operations" and to the items included in Item 14(a) of this report, and is incorporated herein by reference.
Incorporated herein by reference from section entitled "Selected Consolidated Financial and Operating Data" in the Company's 1997 Annual Report to Stockholders, which is included as Exhibit 13 to this Annual Report on Form 10-K.
Incorporated herein by reference from section entitled "Management's Discussion and Analysis of Results of Operations and Financial Condition" in the Company's 1997 Annual Report to Stockholders, which is included as Exhibit 13 to this Annual Report on Form 10-K.
CFC-I also owns the Fairfield Executive Center which is located on the northwest corner of the home office property in Fairfield, Ohio. This is a four-story office building containing approximately 124,000 square feet. CFC and its subsidiaries occupy approximately 47% of the building, unaffiliated tenants occupy approximately 34% of the building, and the balance is available for Company expansion. The property is carried in the financial statements at $10,290,635 as of December 31, 1995.
The CLIC owns a four-story office building in the Tri-County area of Cincinnati containing approximately 127,000 square feet. At the present time, 100% of the building is currently being leased by an unaffiliated tenant. This property is carried in the financial statements at $4,560,999 as of December 31, 1995.
(b) Supplementary Data Selected quarterly financial data, included in the Annual Report of the Registrant to its shareholders on Page 1 for the year ended December 31, 1995, is incorporated herein by reference (see Exhibit 13 to this filing).
The "Selected Financial Data" on page 9 of the Annual Report is incorporated herein by reference and included as part of Exhibit 13 to this Form 10-K.
Our Consolidated Financial Statements, including the accompanying Notes to Consolidated Financial Statements and Report of Independent Accountants, on pages 22 - 47 of our 1999 Annual Report are incorporated herein by reference and included as part of Exhibit 13 to this Form 10-K.
Selected Financial Data on pages 18 and 19 of the Annual Report for the year ended December 31, 1996, is incorporated by reference.