Press release from Business Wire
Leucadia National Corporation Announces Nine Month 2012 Results
Tuesday, November 06, 2012
Leucadia National Corporation Announces Nine Month 2012 Results17:24 EST Tuesday, November 06, 2012
NEW YORK (Business Wire) -- Leucadia National Corporation (NYSE: LUK) today announced its operating
results for the nine month period ended September 30, 2012. Net income
attributable to Leucadia National Corporation common shareholders for
the nine month period ended September 30, 2012 was $400,300,000 ($1.62
per diluted common share) compared to net loss attributable to Leucadia
National Corporation common shareholders for 2011 of $94,206,000 ($.39
per diluted common share).
For more information on the Company's results of operations for 2012,
please see the Company's Form 10-Q for the nine months ended September
30, 2012, which was filed with the Securities and Exchange Commission
today.
SUMMARY FOR LEUCADIA NATIONAL CORPORATION
AND SUBSIDIARIES
(In thousands, except per share amounts)
(Unaudited)
For the Three Month
For the Nine Month
Period Ended September 30,Period Ended September 30,2012
20112012
2011
Revenues and other income
$2,187,495
$199,751
$6,682,549
$1,137,023
Net securities gains
$154,207
$7,275
$581,669
$539,215
Income from continuing operations before income taxes and
income (losses) related to associated companies
$
142,136
$
16,720
$
574,580
$
611,339
Income taxes
61,208
13,723
231,021
242,069
Income from continuing operations before income (losses)
related to associated companies
80,928
2,997
343,559
369,270
Income (losses) related to associated companies, net of taxes
36,017
(296,812
)
72,236
(470,656
)
Income (loss) from continuing operations
116,945
(293,815
)
415,795
(101,386
)
Income from discontinued operations, net of taxes
2,015
1,690
2,632
5,581
Gain (loss) on disposal of discontinued operations, net of taxes
(4,626
)
773
(4,626
)
1,697
Net income (loss)
114,334
(291,352
)
413,801
(94,108
)
Net (income) loss attributable to the noncontrolling interest
972
330
1,067
(98
)
Net (income) attributable to the redeemable
noncontrolling interests
(8,632
)
–
(14,568
)
–
Net income (loss) attributable to
Leucadia National Corporation common shareholders
$106,674
$(291,022
)
$400,300
$(94,206
)
Basic earnings (loss) per common share attributable to
Leucadia National Corporation common shareholders:
Income (loss) from continuing operations
$
.45
$
(1.20
)
$
1.64
$
(.42
)
Income from discontinued operations
.01
.01
.01
.02
Gain (loss) on disposal of discontinued operations
(.02
)
–
(.01
)
.01
Net income (loss)
$.44
$(1.19
)
$1.64
$(.39
)
Number of shares in calculation
244,583
244,580
244,583
244,378
Diluted earnings (loss) per common share attributable to
Leucadia National Corporation common shareholders:
Income (loss) from continuing operations
$
.44
$
(1.20
)
$
1.62
$
(.42
)
Income from discontinued operations
.01
.01
.01
.02
Gain (loss) on disposal of discontinued operations
(.02
)
–
(.01
)
.01
Net income (loss)
$.43
$(1.19
)
$1.62
$(.39
)
Number of shares in calculation
248,910
244,580
248,910
244,378
Leucadia National CorporationLaura Ulbrandt, 212-460-1900
