-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, ldJLFx3MYxzAaTE1kGLPPWFvFytZgt0ufCYBtXLimEy+oLv7mAbKDemk79zg817Y vRifcVz0POVR7vq6R4nARw== 0000054727-94-000006.txt : 19940427 0000054727-94-000006.hdr.sgml : 19940427 ACCESSION NUMBER: 0000054727-94-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19940331 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19940426 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUNAMERICA INC CENTRAL INDEX KEY: 0000054727 STANDARD INDUSTRIAL CLASSIFICATION: 6311 IRS NUMBER: 860176061 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04618 FILM NUMBER: 94524452 BUSINESS ADDRESS: STREET 1: 1 SUNAMERICA CENTER CITY: LOS ANGELES STATE: CA ZIP: 90067-6022 BUSINESS PHONE: 3107726000 FORMER COMPANY: FORMER CONFORMED NAME: KAUFMAN & BROAD INC DATE OF NAME CHANGE: 19890515 FORMER COMPANY: FORMER CONFORMED NAME: KAUFMAN & BROAD BUILDING CO DATE OF NAME CHANGE: 19711006 8-K 1 2ND QUARTER 1994 RELEASED EARNINGS SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACTION OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) APRIL 26, 1994 SUNAMERICA INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) MARYLAND 1-4618 86-0176061 (STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.) 1 SUNAMERICA CENTER, CENTURY CITY LOS ANGELES, CALIFORNIA 90067-6022 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) Registrant's telephone number, including area code (310) 772-6000 Item 5. OTHER EVENTS ------------- The Registrant has released earnings information for the periods ended March 31, 1994. See the attached Condensed Consolidated Income Statement. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND --------------------------------------------------------- EXHIBITS --------- (c) Exhibits Exhibit 20 Condensed Consolidated Income Statement SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SUNAMERICA INC. Date: April 26, 1994 By: /s/ Scott L. Robinson ----------------------------- Scott L. Robinson Senior Vice President and Controller EXHIBIT 20 SUNAMERICA INC. CONDENSED CONSOLIDATED INCOME STATEMENT (In thousands, except per common share amounts) (Unaudited)
Three months ended March 31, Six months ended March 31, ---------------------------- -------------------------- 1994 1993 1994 1993 ------------- ------------ ------------ ------------ Investment income $ 183,402 $ 179,374 $ 373,933 $ 358,815 Interest expense (112,666) (119,739) (232,483) (249,123) ------------- ------------ ------------ ------------ NET INVESTMENT INCOME 70,736 59,635 141,450 109,692 ------------- ------------ ------------ ------------ NET REALIZED INVESTMENT LOSSES (5,887) (5,325) (11,254) (9,073) ------------- ------------ ------------ ------------ Fee income: Variable annuity fees 19,724 15,831 39,311 31,965 Asset management fees 8,127 8,000 16,476 15,843 Net retained commissions 8,129 5,966 15,238 10,503 Trust fees 2,916 2,741 5,970 5,532 ------------- ------------ ------------ ------------ TOTAL FEE INCOME 38,896 32,538 76,995 63,843 ------------- ------------ ------------ ------------ Other income and expenses: Surrender charges 2,637 2,359 5,151 4,967 General and administrative expenses (32,500) (34,690) (65,957) (64,444) Amortization of deferred acquisition costs (16,090) (12,861) (31,333) (25,535) Other, net 15 53 19 1,664 ------------- ------------ ------------ ------------ TOTAL OTHER INCOME AND EXPENSE (45,938) (45,139) (92,120) (83,348) ------------- ------------ ------------ ------------ PRETAX INCOME 57,807 41,709 115,071 81,114 Income tax expense (17,800) (12,100) (35,500) (23,500) ------------- ------------ ------------ ------------ INCOME BEFORE CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING FOR INCOME TAXES 40,007 29,609 79,571 57,614 Cumulative effect of change in accounting for income taxes -- -- (33,500) -- ------------- ------------ ------------ ------------ NET INCOME $ 40,007 $ 26,609 $ 46,071 $ 57,614 ============= ============ ============ ============ PER COMMON SHARE: Income before cumulative effect of change in accounting for income taxes $ 0.86 $ 0.66 $ 1.70 $ 1.29 Cumulative effect of change in accounting for income taxes -- -- (0.80) -- ------------- ------------ ------------ ------------ Net income $ 0.86 $ 0.66 $ 0.90 $ 1.29 ============= ============ ============ ============ AVERAGE COMMON SHARES OUTSTANDING 41,931 38,542 41,921 38,207 ============= ============ ============ ============
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