FORTITUDE LIFE INSURANCE & ANNUITY CO

EDGAR

204 filing records in this dataset, filed from 1995-05-15 to 2026-03-19. Explore the available filing history and original sources.

Watchlist

Latest quarter

Revenue

414 million USD

2011-09-30 · USD

Exact inputs and evidence

Net margin

-118.18%

2011-09-30 · %

Exact inputs and evidence
  • Net Income: -489203000 USD Source
  • Revenue: 413949000 USD Source
Cash and cash equivalents
233 million USD Source
Exact value

232574000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-03-19.

Financial data available through: 2002-12-31.

Financial coverage is incomplete. Newer filings are recorded, but comparable financial figures for those periods are not available here yet.

Coverage by financial measure
  • Revenue: 10 of 11 periods available· newest 2002-12-31
  • operating income: No compatible figures in this window
  • Net income: 10 of 11 periods available· newest 2002-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2000-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 9 of 11 periods available· newest 2002-12-31
  • Total liabilities: 9 of 11 periods available· newest 2002-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 10 of 11 periods available· newest 2002-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -8.2%

    Prior period

    USD 522.72 million

    –

    Current period

    USD 479.85 million

    –

    Exact inputs and evidence

    479848000 − 522716000 = -42868000 USD

    522716000 USD · 2001-01-01 – 2001-12-31

    Inspect prior input Prior source

    479848000 USD · 2002-01-01 – 2002-12-31

    Inspect current input Current source
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  • Net income

    -599.3%

    Prior period

    USD 33.1 million

    –

    Current period

    −USD 165.26 million

    –

    Exact inputs and evidence

    -165257000 − 33099000 = -198356000 USD

    33099000 USD · 2001-01-01 – 2001-12-31

    Inspect prior input Prior source

    -165257000 USD · 2002-01-01 – 2002-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Operating cash flow, Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2002 2002-01-01 – 2002-12-31

  • Revenue USD 479.85 million 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income −USD 165.26 million −34% of revenue

Cash

  • Operating cash flow Unavailable An input is unavailable.
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 1993 Not shown: operating income or net income is not reported.
  • 1994 Not shown: operating income or net income is not reported.
  • 1995 Not shown: operating income or net income is not reported.
  • 1996 Not shown: operating income or net income is not reported.
  • 1997 Not shown: operating income or net income is not reported.
  • 1998 Not shown: operating income or net income is not reported.
  • 1999 Not shown: operating income or net income is not reported.
  • 2000 Not shown: operating income or net income is not reported.
  • 2001 Not shown: operating income or net income is not reported.
  • 2002 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
1993 1993-01-01 – 1993-12-3113817014 UnavailableUnavailableUnavailable2054841 Unavailable
Source
1994 1994-01-01 – 1994-12-3128284411 UnavailableUnavailableUnavailable-140508 Unavailable
Source
1995 1995-01-01 – 1995-12-3146689275 UnavailableUnavailableUnavailable-2568020 Unavailable
Source
1996 1996-01-01 – 1996-12-3188051000 UnavailableUnavailableUnavailable26623000 Unavailable
Source
1997 1997-01-01 – 1997-12-31158014000 UnavailableUnavailableUnavailable27548000 Unavailable
Source
1998 1998-01-01 – 1998-12-31249540000 UnavailableUnavailableUnavailable34767000 Unavailable
Source
1999 1999-01-01 – 1999-12-31387361000 UnavailableUnavailableUnavailable76169000 Unavailable
Source
2000 2000-01-01 – 2000-12-31577978000 UnavailableUnavailableUnavailable64817000 Unavailable
Source
2001 2001-01-01 – 2001-12-31522716000 UnavailableUnavailableUnavailable33099000 Unavailable
Source
2002 2002-01-01 – 2002-12-31479848000 UnavailableUnavailableUnavailable-165257000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 479.8M 2002
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.624.2M468.2M312.1M156.1M0.0199319982002
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
1993Revenue13817014
1994Revenue28284411
1995Revenue46689275
1996Revenue88051000
1997Revenue158014000
1998Revenue249540000
1999Revenue387361000
2000Revenue577978000
2001Revenue522716000
2002Revenue479848000

Revenue growth

Change in revenue from the same financial period one year earlier.

-8.2% 2002
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.114%81%48%14%-19%199319982002
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
1993Year over yearNo prior comparable period
1994Year over year104.7%
1995Year over year65.1%
1996Year over year88.6%
1997Year over year79.5%
1998Year over year57.9%
1999Year over year55.2%
2000Year over year49.2%
2001Year over year-9.6%
2002Year over year-8.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin -34.4% 2002
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.35%17%-2%-21%-40%1993-12-311998-12-312002-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
1993-12-31Operating marginNot reported
1994-12-31Operating marginNot reported
1995-12-31Operating marginNot reported
1996-12-31Operating marginNot reported
1997-12-31Operating marginNot reported
1998-12-31Operating marginNot reported
1999-12-31Operating marginNot reported
2000-12-31Operating marginNot reported
2001-12-31Operating marginNot reported
2002-12-31Operating marginNot reported
1993Net margin14.9%
1994Net margin-0.5%
1995Net margin-5.5%
1996Net margin30.2%
1997Net margin17.4%
1998Net margin13.9%
1999Net margin19.7%
2000Net margin11.2%
2001Net margin6.3%
2002Net margin-34.4%
1993Free cash flow marginNot reported
1994Free cash flow marginNot reported
1995Free cash flow marginNot reported
1996Free cash flow marginNot reported
1997Free cash flow marginNot reported
1998Free cash flow marginNot reported
1999Free cash flow marginNot reported
2000Free cash flow marginNot reported
2001Free cash flow marginNot reported
2002Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -330.6M 2000
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.26.4M-69.4M-165.3M-261.1M-357.0M199319982002
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
1993Operating cash flow-37777117
1994Operating cash flow-65115797
1995Operating cash flow-106023968
1996Operating cash flow-97898000
1997Operating cash flow-162469000
1998Operating cash flow-114308000
1999Operating cash flow-148808000
2000Operating cash flow-330562000
2001Operating cash flowNot reportedNo source recorded
2002Operating cash flowNot reportedNo source recorded

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
1993Free cash flowUnavailable
1994Free cash flowUnavailable
1995Free cash flowUnavailable
1996Free cash flowUnavailable
1997Free cash flowUnavailable
1998Free cash flowUnavailable
1999Free cash flowUnavailable
2000Free cash flowUnavailable
2001Free cash flowUnavailableNo source recorded
2002Free cash flowUnavailableNo source recorded

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

97.1% 2002
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.107%80%53%27%0%1993-12-3119982002
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
1993-12-31Liabilities / assetsNot reportedNo source recorded
1994Liabilities / assets98.2%
1995Liabilities / assets98.8%
1996Liabilities / assets98.5%
1997Liabilities / assets98.6%
1998Liabilities / assets98.7%
1999Liabilities / assets98.8%
2000Liabilities / assets98.4%
2001Liabilities / assets97.9%
2002Liabilities / assets97.1%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
1993-12-31Current assets / current liabilitiesNot reportedNo source recorded
1994-12-31Current assets / current liabilitiesNot reportedNo source recorded
1995-12-31Current assets / current liabilitiesNot reportedNo source recorded
1996-12-31Current assets / current liabilitiesNot reportedNo source recorded
1997-12-31Current assets / current liabilitiesNot reportedNo source recorded
1998-12-31Current assets / current liabilitiesNot reportedNo source recorded
1999-12-31Current assets / current liabilitiesNot reportedNo source recorded
2000-12-31Current assets / current liabilitiesNot reportedNo source recorded
2001-12-31Current assets / current liabilitiesNot reportedNo source recorded
2002-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
1993 1993-01-01 – 1993-12-31
USD 2.05 million
Exact value

Exact value: 2054841 USD

1993-01-01 – 1993-12-31: 2054841 USD Inspect Net Income Open source
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−USD 37.78 million
Exact value

Exact value: -37777117 USD

1993-01-01 – 1993-12-31: -37777117 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1994 1994-01-01 – 1994-12-31
−USD 140,508
Exact value

Exact value: -140508 USD

1994-01-01 – 1994-12-31: -140508 USD Inspect Net Income Open source
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−USD 65.12 million
Exact value

Exact value: -65115797 USD

1994-01-01 – 1994-12-31: -65115797 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1995 1995-01-01 – 1995-12-31
−USD 2.57 million
Exact value

Exact value: -2568020 USD

1995-01-01 – 1995-12-31: -2568020 USD Inspect Net Income Open source
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−USD 106.02 million
Exact value

Exact value: -106023968 USD

1995-01-01 – 1995-12-31: -106023968 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1996 1996-01-01 – 1996-12-31
USD 26.62 million
Exact value

Exact value: 26623000 USD

1996-01-01 – 1996-12-31: 26623000 USD Inspect Net Income Open source
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−USD 97.9 million
Exact value

Exact value: -97898000 USD

1996-01-01 – 1996-12-31: -97898000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1997 1997-01-01 – 1997-12-31
USD 27.55 million
Exact value

Exact value: 27548000 USD

1997-01-01 – 1997-12-31: 27548000 USD Inspect Net Income Open source
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−USD 162.47 million
Exact value

Exact value: -162469000 USD

1997-01-01 – 1997-12-31: -162469000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1998 1998-01-01 – 1998-12-31
USD 34.77 million
Exact value

Exact value: 34767000 USD

1998-01-01 – 1998-12-31: 34767000 USD Inspect Net Income Open source
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−USD 114.31 million
Exact value

Exact value: -114308000 USD

1998-01-01 – 1998-12-31: -114308000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

1999 1999-01-01 – 1999-12-31
USD 76.17 million
Exact value

Exact value: 76169000 USD

1999-01-01 – 1999-12-31: 76169000 USD Inspect Net Income Open source
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−USD 148.81 million
Exact value

Exact value: -148808000 USD

1999-01-01 – 1999-12-31: -148808000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2000 2000-01-01 – 2000-12-31
USD 64.82 million
Exact value

Exact value: 64817000 USD

2000-01-01 – 2000-12-31: 64817000 USD Inspect Net Income Open source
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−USD 330.56 million
Exact value

Exact value: -330562000 USD

2000-01-01 – 2000-12-31: -330562000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2001 2001-01-01 – 2001-12-31
USD 33.1 million
Exact value

Exact value: 33099000 USD

2001-01-01 – 2001-12-31: 33099000 USD Inspect Net Income Open source
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Unavailable Not reported for this period.
Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.

2002 2002-01-01 – 2002-12-31
−USD 165.26 million
Exact value

Exact value: -165257000 USD

2002-01-01 – 2002-12-31: -165257000 USD Inspect Net Income Open source
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Unavailable Not reported for this period.
Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

204 filings · 0 latest values · 0 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000881453, 881453, edgar:881453

Also known as AMERICAN SKANDIA LIFE ASSURANCE CORP/CT, PRUDENTIAL ANNUITIES LIFE ASSURANCE CORP/CT