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Ameriprise Financial Reports Third Quarter 2007 Earnings.



Net income per diluted share increases 17 percent to $0.83 for the quarter, including $0.16 of non-recurring separation costs;

Adjusted earnings per diluted share increase 5 percent to $0.99

MINNEAPOLIS -- Ameriprise Financial Ameriprise Financial, Inc. (NYSE: AMP) is a company offering financial advice and products. It is the successor to American Express Financial Advisors (AEFA), which was a subsidiary of the American Express Company. , Inc. (NYSE NYSE

See: New York Stock Exchange
:AMP) today reported net income of $198 million for the quarter ended September 30, 2007, an increase of 14 percent from net income of $174 million for the year-ago quarter. Adjusted earnings increased 3 percent to $237 million in the third quarter of 2007 compared to the third quarter of 2006. Adjusted earnings exclude after-tax non-recurring separation costs.

Net income per diluted share for the third quarter of 2007 was $0.83, an increase of 17 percent from the prior year period. Adjusted earnings per diluted share for the third quarter of 2007 were $0.99, an increase of 5 percent from the year-ago period.

Revenues grew 11 percent to $2.2 billion in the third quarter of 2007, reflecting continued strong growth of fee-based businesses, including 22 percent growth in management, financial advice and service fees, 17 percent growth in distribution fees, and higher net investment income from variable annuity-related hedges.

Return on equity for the 12 months ended September 30, 2007 was 9.4 percent, or 12.4 percent when adjusted for the separation, an increase from 11.2 percent from a year ago.

"Our operating results demonstrate the strength and diversity of our business model," said Jim Cracchiolo, chairman and chief executive officer. "Despite the turbulent market conditions during the quarter, we delivered solid growth in revenue, assets and advisor productivity and continue to maintain a high quality balance sheet."

Third Quarter 2007 Summary

Management believes that the presentation of adjusted financial measures best reflects the underlying performance of our ongoing operations. The adjusted financial measures exclude non-recurring separation costs from all periods. This presentation is consistent with the non-GAAP financial information presented in our Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for year-end 2006, filed on February 27, 2007 with the Securities and Exchange Commission. The fourth quarter of 2007 will mark the final quarter for recognizing separation-related costs.
[TABLE OMITTED]


Included in consolidated net income and adjusted earnings for the third quarter of 2007 and 2006 were pretax pre·tax  
adj.
Existing before tax deductions: pretax income.

pretax adj [profit] → vor (Abzug der) Steuern 
 net realized investment gains from Available-for-Sale securities of $15 million and $14 million, respectively.

As part of our annual detailed review of deferred acquisition cost (DAC See D/A converter and discretionary access control.

DAC - Digital to Analog Converter
) valuation assumptions (DAC unlocking), we reported a $30 million negative impact to pretax income pretax income

Reported income before the deduction of income taxes. Pretax income is sometimes considered a better measure of a firm's performance than aftertax income because taxes in one period may be influenced by activities in earlier periods.
 in the third quarter of 2007, compared to a $25 million benefit in the prior-year period.

Third Quarter 2007 Consolidated Highlights

We continued to drive improvements in the profitability and productivity of our distribution network:

* Mass affluent Mass affluent and emerging affluent are marketing terms used to refer to the growing high end of the mass market. It is most commonly used by the financial services industry to refer to individuals with US$100,000 to US$1,000,000 of liquid financial assets,[1]  and affluent client groups increased 11 percent from the year-ago period, with high rates of financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 penetration for newly acquired clients in this core group.

* Gross Dealer Concession Gross Dealer Concession or GDC is the revenue to a brokerage firm when commissioned securities and insurance salespeople sell a product, whether it is an investment like stocks, bonds, or mutual funds, or insurance like life insurance or long term care insurance.  (GDC GDC Game Developers Conference
GDC General Dental Council
GDC Gouvernement du Canada
GDC Georgia Department of Corrections
GDC Global Data Center
GDC Guglielmi Detachable Coil
GDC Global Development Center
GDC Institute for Genetic Disease Control in Animals
) increased 14 percent from the year-ago period, reflecting continued strong advisor productivity gains.

* The number of total advisors was 12,003, down 3 percent, as we continue to re-engineer the platform to strengthen employee advisor productivity and distribution economics. However, the number of franchisee advisors was 7,712, up 2 percent, reflecting continued strong franchisee advisor retention rates.

We successfully grew client assets:

* Owned, managed and administered assets increased 12 percent from the prior-year period, reaching $492 billion at September 30, 2007.

* Wrap account Wrap Account

An account in which a brokerage manages an investor's portfolio for a flat quarterly or annual fee. This fee covers all administrative, commission, and management expenses. Sometimes this also includes funds of funds.
 total ending assets increased 33 percent to $93 billion, including more than $2.6 billion of net inflows during the quarter.

* Active Portfolios([R]), our new discretionary wrap platform, accumulated more than $2.2 billion in ending assets since its launch in February 2007.

* RiverSource([R]) Funds achieved net inflows of $0.4 billion from mutual funds and annuity variable accounts, with sales of long-term mutual funds increasing 84 percent compared to the prior-year period.

* Strong sales in the Ameriprise and third party channels helped drive $1.3 billion in net inflows in annuity variable accounts. Overall annuity net inflows of $0.3 billion were impacted by continued net outflows from annuity fixed accounts.

* Threadneedle Investments announced its acquisition of Convivo Capital Management, which further strengthens its alternative investment capabilities.

* Life insurance in-force increased 8 percent year-over-year to $184 billion.

We completed our separation from American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses.  on budget and on schedule.
[TABLE OMITTED]


(1) For this non-GAAP presentation of separation costs, after-tax is calculated using the statutory tax rate of 35%, adjusted for permanent differences, if any.

Third Quarter 2007 Consolidated Results

Net income grew 14 percent to $198 million. Adjusted earnings grew 3 percent to $237 million, compared to the year-ago quarter. Our underlying business results continue to reflect the benefits of our diversified business model, strong growth in fee-based products and expense controls.

There were a number of material disclosed items in both the third quarters of 2007 and 2006. In total, these items positively impacted net income and adjusted earnings by $5 million in the third quarter of 2007 compared to $38 million in the third quarter of 2006.

Revenues

Consolidated revenues rose 11 percent, or $225 million, to $2.2 billion, reflecting continued strong growth in management and distribution fees, combined with above trend growth in net investment income, primarily from variable annuity-related hedges.

Management, financial advice and service fees grew 22 percent, or $158 million, to $878 million, reflecting continued success in growing assets in fee-based accounts. Wrap account balances grew 33 percent and annuity variable account assets grew 31 percent year-over-year. These balances were driven by strong net inflows and market appreciation.

Distribution fees increased 17 percent, or $52 million, to $352 million. Underlying business activity was strong, with total cash sales sales made for ready, money, in distinction from those on which credit is given; stocks sold, to be delivered on the day of transaction.

See also: Cash
 increasing 21 percent over the prior-year period.

Net investment income increased 2 percent, or $10 million, to $552 million, reflecting higher net investment income attributable to hedges for variable annuity Variable Annuity

An insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio.
 living benefits, partially offset by expected declines in annuity fixed account and certificate balances. Negative investment income on trading securities was offset by a decrease in the loan loss provision for commercial real estate loans.

Premiums grew 1 percent, or $2 million, to $246 million. Year-over-year growth in our Auto and Home business was offset by declines in long-term care long-term care (LTC),
n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders.
 premiums.

Other revenues increased 2 percent, or $3 million, to $174 million, primarily due to higher fees from variable annuity riders and cost of insurance for variable universal life/universal life insurance, which were largely offset by lower other revenues on certain consolidated limited partnerships.

Expenses

Consolidated expenses before separation costs rose 15 percent, or $252 million, to $1.9 billion, primarily driven by higher field compensation due to business growth, the year-over-year impact of DAC unlocking and by benefit expense increases related to variable annuity living benefit riders. The higher benefit expenses were partially offset by the increase in net investment income from related hedges and lower amortization of DAC related to these products.

Compensation and benefits - Non-field and Other expenses combined increased less than 1 percent, or $5 million, to $581 million, year-over-year. This reflects our focus on expense management across multiple quarters to drive pretax income margin expansion.

Compensation and benefits - Field increased 22 percent, or $94 million, to $522 million, due to overall business growth and continued increases in advisor productivity.

Interest credited to account values declined 11 percent, or $35 million, to $282 million, reflecting continued declines in annuity fixed account and certificate balances.

Benefits, claims, losses and settlement expenses increased 64 percent, or $150 million, to $383 million. Growth was primarily driven by expenses from the mark-to-market of variable annuity living benefit riders, which was partially offset by higher net investment income and a decline in DAC amortization.

Amortization of deferred acquisition costs rose 47 percent, or $41 million, to $128 million, primarily driven by a $16 million increase in the third quarter of 2007 compared to a $38 million decrease in the prior-year period, resulting in a net $54 million increase in amortization from our annual third quarter detailed review. Underlying increases in DAC amortization driven by business growth were offset by lower DAC amortization resulting from the mark-to-market of variable annuity living benefit riders.

We incurred $60 million in separation costs in the quarter and expect to incur approximately $25-30 million in costs in the fourth quarter of 2007, reflecting all remaining separation costs.

Taxes

The effective tax rate on net income was 8.8 percent for the quarter, down from 19.8 percent in the prior-year period. The effective tax rate on adjusted earnings was 14.4 percent for the quarter and 21.7 percent year-to-date. The current quarter included a $21 million tax benefit resulting from our plan to begin repatriating Threadneedle earnings through dividends as a result of their continued strong results. We expect the full year 2007 effective tax rate on adjusted earnings to be approximately 23 percent, compared to 25.2 percent for full year 2006. We expect the 2008 effective tax rate to be approximately 26 to 27 percent.

Balance Sheet and Capital

We maintain a very strong, high quality balance sheet. During the third quarter of 2007, we repurchased 2.9 million shares for approximately $171 million. Year-to-date as of September 30, 2007, we repurchased 11.1 million shares for approximately $665 million, leaving approximately $701 million remaining under our current share repurchase Share Repurchase

A program by which a company buys back its own shares from the marketplace, reducing the number of outstanding shares. This is usually an indication that the company's management thinks the shares are undervalued.
 authorization. The quarter-end weighted average basic share count was 235.4 million, down from 244.5 million for the third quarter of 2006. The weighted average diluted share count for the third quarter of 2007 was 239.2 million, down from 246.4 million for the third quarter of 2006.

Our commitment to maintain the safety and soundness of our balance sheet is reflected in substantial liquidity, a high quality investment portfolio, low financial leverage and our continuing actions to manage and mitigate risk exposures.
-- Cash and cash equivalents were approximately $4.0 billion at
   September 30, 2007.

-- Our investment portfolio remains high quality.

    -- We recognized no impairments in the quarter.

    -- We experienced no rating downgrades in our Alt-A or
       subprime-related securities.

    -- Unrealized net investment losses in the Available-for-Sale
       investment portfolio were $0.4 billion at quarter end, down
       from $0.6 billion in the prior quarter.

-- The debt to capital ratio as of September 30, 2007 was 22.1
   percent. The debt to capital ratio excluding non-recourse debt and
   with 75 percent equity credit for the hybrid securities was 16.7
   percent. For the third quarter of 2007, the ratio of earnings to
   fixed charges was 6.2 times. Excluding interest on non-recourse
   debt, the ratio of earnings to fixed charges was 6.7 times.
[TABLE OMITTED]


(1) For this non-GAAP presentation of separation costs, after-tax is calculated using the statutory tax rate of 35%, adjusted for permanent differences, if any.

Third Quarter 2007 Segment Results

The AA&I segment reported pretax income growth of 35 percent, or $67 million, to $259 million, primarily due to strong wrap and variable annuity inflows, strong advisor cash sales, and market appreciation, reflected in 20 percent growth in fees. Revenues and expenses in this segment include the negative impact of the mark-to-market on variable annuity benefit riders, related hedges, and amortization of DAC. DAC unlocking had an immaterial Not essential or necessary; not important or pertinent; not decisive; of no substantial consequence; without weight; of no material significance.


immaterial adj.
 impact on AA&I segment results in the quarter. The segment represented 74 percent of consolidated revenues and 94 percent of pretax adjusted earnings.

The Protection segment reported a pretax income decline of 52 percent, or $78 million, to $73 million, primarily due to a net $70 million year-over-year negative impact from the annual DAC unlocking. The increased amortization of DAC in the quarter was primarily due to changes in product persistency assumptions and does not reflect any fundamental deterioration of the business. Overall, Protection segment results reflect an increase in insurance in-force and claims meeting expectations. The Protection segment represented 24 percent of consolidated revenues and 26 percent of pretax adjusted earnings.

The Corporate segment pretax loss pretax loss

A loss reported before tax benefits are considered.
 improved $11 million to $115 million. Adjusted for non-recurring separation costs, the pretax loss increased $16 million to $55 million. Corporate segment revenue increased 16 percent, or $9 million, primarily reflecting higher advice fees.

Ameriprise Financial, Inc. is a leading financial planning and services company with more than 12,000 financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. Our financial advisors deliver tailored solutions to clients through a comprehensive and personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 financial planning approach built on a long-term relationship with a knowledgeable advisor. We specialize in meeting the retirement-related financial needs of the mass affluent and affluent. Financial advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 and investments are available through Ameriprise Financial Services, Inc. Member FINRA FINRA Financial Industry Regulatory Authority (formerly Securities Industry Regulatory Authority)  and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. . For more information, visit ameriprise.com.

RiverSource mutual funds are distributed by RiverSource Distributors, Inc. and Ameriprise Financial Services, Inc., Members FINRA, and managed by RiverSource Investments, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
.

The Threadneedle group of companies constitutes the Ameriprise Financial international investment platform. The group consists of wholly owned subsidiaries Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Ameriprise Financial, Inc. and provides services independent from Ameriprise Financial Services, Inc., including Ameriprise Financial Services' broker-dealer business.

Ameriprise Certificates are issued by Ameriprise Certificate Company and distributed by Ameriprise Financial Services, Inc. Member FINRA.

Ameriprise Financial Services, Inc. offers financial advisory services, investments, insurance and annuity products. RiverSource Insurance and Annuity products are issued by RiverSource Life Insurance Company, and in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 only by RiverSource Life Insurance Co. of New York, Albany, New York For other uses, see Albany.
Albany is the capital of the State of New York and the county seat of Albany County. Albany lies 136 miles (219 km) north of New York City, and slightly to the south of the juncture of the Mohawk and Hudson Rivers.
. Only RiverSource Life Insurance Co. of New York is authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
 to sell insurance and annuity products in the state of New York. These companies are all part of Ameriprise Financial, Inc. CA License #0684538.

You should consider the investment objectives, risks, charges and expenses of a mutual fund before investing. For a free copy of a prospectus, which contains this and other information about the mutual fund, call (800) 862-7919. Read the prospectus carefully before investing.

Investment products, including shares of mutual funds, are not federally or FDIC FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
 insured, are not deposits or obligations of, or guaranteed by, any financial institution and involve investment risks including possible loss of principal and fluctuation in value.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

This news release contains forward-looking statements that reflect our plans, estimates and beliefs. Actual results could differ materially from those described in these forward-looking statements. We have made various forward-looking statements in this news release. Examples of such forward-looking statements include:

* statements of plans, intentions, expectations, objectives or goals, including those relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 asset flows, mass affluent and affluent client acquisition strategy, the establishment of our new brands and competitive environment, and consolidated tax rate;

* statements about future economic performance, the performance of equity markets and interest rate variations and the economic performance of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ; and

* statements of assumptions underlying such statements.

The words "believe," "expect," "anticipate," "optimistic op·ti·mist  
n.
1. One who usually expects a favorable outcome.

2. A believer in philosophical optimism.



op
," "intend," "plan," "aim," "will," "may," "should," "could," "would," "likely" and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. Forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from such statements.

Such factors include, but are not limited to:

* changes in the interest rate and equity market environments;

* changes in the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 and regulatory environment, including ongoing legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies.  and regulatory actions;

* investment management performance and consumer acceptance of our products;

* effects of competition in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry and changes in product distribution mix and distribution channels;

* our capital structure as a stand-alone company stand-alone company

An independent operating firm. For example, a large diversified firm may consider spinning off a subsidiary because, as a stand-alone company, the subsidiary would command a higher price-earnings ratio than the parent.
, including ratings and indebtedness, and limitations on subsidiaries to pay dividends;

* risks of default by issuers of investments we own or by counterparties Counterparties

The parties on either side of an interest rate swap or a currency, equity or commodity swap, or to an options or futures position.
 to derivative or reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  arrangements;

* experience deviations from assumptions regarding morbidity, mortality and persistency in certain annuity and insurance products;

* the impact of the separation from American Express;

* the impacts of our efforts to improve distribution economics and to grow third-party distribution of our products;

* our ability to establish our new brands and to realize benefits from tax planning Tax planning

Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer.
; and

* general economic and political factors, including consumer confidence in the economy, and in applicable legislation and regulation, including tax laws, tax treaties and regulatory rulings and pronouncements.

Readers are cautioned that the foregoing list of factors is not exhaustive. There may also be other risks that we are unable to predict at this time that may cause actual results to differ materially from those in forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statements. The foregoing list of factors should be read in conjunction with the "Risk Factors" discussion included as Part 1, Item 1A of our Annual Report on Form 10-K filed with the SEC on February 27, 2007.

The financial results discussed in this release represent past performance only, which may not be used to predict or project future results. For information about Ameriprise Financial entities, please refer to the Third Quarter 2007 Statistical Supplement available at ir.ameriprise.com and the tables that follow in this release.
[TABLE OMITTED]


(1) For this non-GAAP presentation of separation costs, after-tax is calculated using the statutory tax rate of 35%, adjusted for permanent differences, if any.
[TABLE OMITTED]


(1) For this non-GAAP presentation of separation costs, after-tax is calculated using the statutory tax rate of 35%, adjusted for permanent differences, if any.
[TABLE OMITTED]


(1) For this non-GAAP presentation of separation costs, after-tax is calculated using the statutory tax rate of 35%, adjusted for permanent differences, if any.
[TABLE OMITTED]


(1) For this non-GAAP presentation of separation costs, after-tax is calculated using the statutory tax rate of 35%, adjusted for permanent differences, if any.
[TABLE OMITTED]
[TABLE OMITTED]


(1) Adjusted return on equity calculated using adjusted earnings (income excluding non-recurring separation costs) in the numerator numerator

the upper part of a fraction.


numerator relationship
see additive genetic relationship.


numerator Epidemiology The upper part of a fraction
, and equity excluding equity allocated to expected non-recurring separation costs as of the last day of the preceding four quarters and the current quarter in the denominator denominator

the bottom line of a fraction; the base population on which population rates such as birth and death rates are calculated.

denominator 
.

Return on equity calculations use the trailing twelve months' return, and equity calculated using a five point average of quarter-end equity.
[TABLE OMITTED]


(1) Ratio of Earnings to Fixed Charges is a ratio comprised of earnings divided by fixed charges. Earnings are defined as income before income tax provision, plus interest and debt expense, interest portion of rental expense, amortization of capitalized interest Capitalized interest

Interest that is not immediately expensed, but rather is considered as an asset and is then amortized through the income statement over time. In the context of project financing, interest that is paid by additional borrowing.
 and adjustments related to equity investments and minority interests in consolidated entities. Fixed charges are defined as interest and debt expense, the interest portion of rental expense and capitalized interest. The ratio is also presented excluding the effect of interest on non-recourse debt Non-Recourse Debt

A loan that is secured by some sort of collateral, usually property. The issuer can seize the collateral if the borrower defaults.

Notes:
These types of projects are characterized by high capital expenditures, long loan periods, and uncertain revenue
 of a Collateralized Debt Obligation Collateralized Debt Obligation (CDO)

A general inclusive term which covers Collateralized Bond Obligations, Collateralized Loan Obligations, and Collateralized Mortgage Obligations,
 consolidated in accordance with FIN 46(R).
[TABLE OMITTED]


(1) Our junior subordinated notes receive an equity credit of at least 75% by the majority of the rating agencies.
[TABLE OMITTED]


(a) All after-tax using a 35% marginal tax rate Marginal Tax Rate

The amount of tax paid on an additional dollar of income. As income rises, so does the tax rate.

Notes:
Many believe this discourages business investment because you are taking away the incentive to work harder.
.

(1) Better/(Worse).

(2) Annual detailed DAC review.

(3) Loan provision reserve adjustment for commercial real estate loans.

(4) Variable annuity rider benefits impact including hedges. The 2006 after-tax amount of $3 million was not included in the Third Quarter 2006 Summary of Disclosed Items as reported in the Statistical Supplement due to immateriality im·ma·te·ri·al·i·ty  
n. pl. im·ma·te·ri·al·i·ties
1. The state or quality of being immaterial.

2. Something immaterial.

Noun 1.
. However, it is included above to provide comparability with the third quarter 2007 impact.

(5) Realized net investment gains.

(6) Write-down of a single externally managed hedge fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long"  investment.

(7) Adjustment in premiums resulting from a review of our long-term care reinsurance arrangement.

(8) Income tax impact of APB APB

See Accounting Principles Board (APB).
 23 related to repatriation Repatriation

The process of converting a foreign currency into the currency of one's own country.

Notes:
If you are American, converting British Pounds back to U.S. dollars is an example of repatriation.
 of Threadneedle earnings for 2007. Decrease in tax expense as a result of the finalization Writing the table of contents (TOC) on a recordable CD or DVD disc. The finalization process ensures that the disc can be played back on most CD and DVD players. See disc-at-once.  of prior period tax returns for 2006.

(c) 2007 Ameriprise Financial, Inc. All rights reserved.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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