DELAWARE LIFE INSURANCE CO
CIK:0000745544|SEC Filings
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COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2011
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| Components Of Accumulated Other Comprehesive Income [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accumulated Other Comprehensive Income Loss [Text Block] |
19. COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME
The components of accumulated other comprehensive income as of December 31, were as follows:
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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified |
Dec. 31, 2011
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Dec. 31, 2010
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| Investments | ||
| Available-for-sale fixed maturity securities, at fair value (amortized cost of $1,339,960 and $1,422,951 in 2011 and 2010, respectively) (Note 4) | $ 1,402,525 | $ 1,495,923 |
| Trading fixed maturity securities, at fair value (amortized cost of $10,336,058 and $11,710,416 in 2011 and 2010, respectively) (Note 4) | 10,280,536 | 11,467,118 |
| Mortgage loans | 1,457,356 | 1,737,528 |
| Derivative instruments - receivable (Note 5) | 422,404 | 198,064 |
| Limited partnerships | 34,088 | 41,622 |
| Real estate | 223,814 | 214,665 |
| Policy loans | 603,371 | 717,408 |
| Other invested assets | 37,075 | 27,456 |
| Short-term investments (Note 1) | 105,895 | 832,739 |
| Cash and cash equivalents | 872,064 | 736,323 |
| Total investments and cash | 15,439,128 | 17,468,846 |
| Accrued investment income | 169,761 | 188,786 |
| Deferred policy acquisition costs and sales inducement asset | 2,206,886 | 1,682,559 |
| Value of business and customer renewals acquired | 106,087 | 134,985 |
| Net deferred tax asset (Note 11) | 448,376 | 394,297 |
| Goodwill (Note 10) | 7,299 | 7,299 |
| Receivable for investments sold | 5,092 | 5,328 |
| Reinsurance receivable | 2,237,806 | 2,347,086 |
| Other assets | 119,325 | 125,529 |
| Separate account assets | 27,483,790 | 26,880,421 |
| Total assets | 48,223,550 | 49,235,136 |
| Liabilities Abstract | ||
| Contractholder deposit funds and other policy liabilities | 13,626,525 | 14,593,228 |
| Future contract and policy benefits | 910,032 | 849,514 |
| Payable for investments purchased | 730 | 44,827 |
| Accrued expenses and taxes | 49,867 | 52,628 |
| Debt payable to affiliates | 683,000 | 783,000 |
| Reinsurance payable | 2,100,124 | 2,231,835 |
| Derivative instruments - payable (Note 5) | 287,074 | 362,023 |
| Other liabilities | 339,641 | 285,056 |
| Separate account liabilities | 27,483,790 | 26,880,421 |
| Total liabilities | 45,480,783 | 46,082,532 |
| STOCKHOLDER'S EQUITY | ||
| Common stock, $1,000 par value 10,000 shares authorized; 6,437 shares issued and outstanding in 2011 and 2010 | 6,437 | 6,437 |
| Additional paid-in capital | 3,629,228 | 3,928,246 |
| Accumulated other comprehensive income | 38,851 | 46,553 |
| Accumulated deficit | (931,749) | (828,632) |
| Total stockholder's equity | 2,742,767 | 3,152,604 |
| Total liabilities and stockholder's equity | $ 48,223,550 | $ 49,235,136 |