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ITEM 6 / SELECTED FINANCIAL DATA.....................................................................................................................................................................................ITEM 6 / SELECTED FINANCIAL DATA..............................................................................................................................................................................................The Selected Consolidated Financial Data should be read in conjunction with Management’s Discussion andAnalysis of Financial Condition and Results of Operations and the Consolidated Financial Statements andaccompanying notes included elsewhere herein.Years Ended December 31,(in millions, except per share data) 2012 2011 2010 (a) 2009 (a) 2008Revenues:Premiums $ 38,011 $ 38,990 $ 45,319 $ 48,583 $ 60,147Policy fees 2,791 2,705 2,710 2,656 2,990Net investment income 20,343 14,755 20,934 18,992 10,453Net realized capital gains (losses) 929 701 (716) (3,787) (50,426)Other income 3,582 2,661 4,582 3,729 (34,941)Total revenues 65,656 59,812 72,829 70,173 (11,777)Benefits, claims and expenses:Policyholder benefits and claims incurred 31,977 33,450 41,392 45,314 45,447Interest credited to policyholder account balances 4,362 4,467 4,487 4,611 5,582Amortization of deferred acquisition costs 5,709 5,486 5,821 6,670 6,425Other acquisition and insurance expenses 9,235 8,458 10,163 9,815 14,783Interest expense 2,319 2,444 6,742 13,237 14,440Net loss on extinguishment of debt 9 2,847 104 – –Net (gain) loss on sale of properties and divested businesses 2 74 (19,566) 1,271 –Other expenses 2,721 2,470 3,439 5,282 5,842Total benefits, claims and expenses 56,334 59,696 52,582 86,200 92,519Income (loss) from continuing operations before income taxes (b) 9,322 116 20,247 (16,027) (104,296)Income taxes expense (benefit) 1,570 (19,424) 6,993 (2,551) (8,097)Income (loss) from continuing operations 7,752 19,540 13,254 (13,476) (96,199)Income (loss) from discontinued operations, net of taxes (4,052) 1,790 (969) 3,750 (6,683)Net income (loss) 3,700 21,330 12,285 (9,726) (102,882)Net income (loss) attributable to AIG 3,438 20,622 10,058 (8,362) (101,784)Income (loss) per common share attributable to AIG commonshareholdersBasic and dilutedIncome (loss) from continuing operations 4.44 10.03 16.50 (98.52) (725.89)Income (loss) from discontinued operations (2.40) 0.98 (1.52) 27.15 (49.91)Net income (loss) attributable to AIG 2.04 11.01 14.98 (71.37) (775.80)Dividends declared per common share –– – – 8.40Year-end balance sheet data:Total investments 375,824 410,438 410,412 601,165 636,912Total assets 548,633 553,054 675,573 838,346 848,552Long-term debt 48,500 75,253 106,461 136,733 177,485Total liabilities 449,630 442,138 568,363 748,550 797,692Total AIG shareholders’ equity 98,002 101,538 78,856 60,585 40,844Total equity 98,669 102,393 106,776 88,837 48,939Book value per share (a) 66.38 53.53 561.40 448.54 303.71Book value per share, excluding Accumulated othercomprehensive income (loss) (a)(c) 57.87 50.11 498.25 400.90 353.97AIG Property Casualty combined ratio (d) 108.6 108.8 116.8 108.4 102.1Other data (from continuing operations):Other-than-temporary impairments 1,167 1,280 3,039 6,696 41,867Adjustment to federal and foreign deferred tax valuationallowance (1,907) (18,307) 1,361 2,986 22,172Amortization of prepaid commitment fee – 49 3,471 8,359 9,279Catastrophe-related losses $ 2,652 $ 3,307 $ 1,076 $ 53 $ 1,840(a) Comparability between 2010 and 2009 data is affected by the deconsolidation of AIA in the fourth quarter of 2010. Book value per share,excluding Accumulated other comprehensive income (loss) is a non-GAAP measure. See Item 7. MD&A – Use of Non-GAAP Measures foradditional information. Comparability of 2010, 2009 and 2008 is affected by a one for twenty reverse stock split.(b) Reduced by fourth quarter reserve strengthening charges of $4.2 billion and $2.2 billion in 2010 and 2009, respectively, related to the annualreview of AIG Property Casualty loss and loss adjustment reserves.(c) Amounts for periods after December 31, 2008 have been revised to reflect reclassification of income taxes from AOCI to additional paid incapital to correct the presentation of components of AIG Shareholders’ Equity. See Note 1 to the Consolidated Financial Statements for additionalinformation on the reclass.(d) See Item 7. MD&A – Results of Operations – AIG Property Casualty Operations for a reconciliation of the adjusted combined ratio...................................................................................................................................................................................................................................48 AIG 2012 Form 10-K