Validus Holdings, Ltd.Hamilton, Bermuda (NYSE: VR)

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Validus Income Statement

All amounts in millions of except per share amounts.
View: Annual
Dec 07 Dec 06 Dec 05
Revenue 994.4 365.6 2.1
Cost of Goods Sold -- -- --
Gross Profit -- -- --
Gross Profit Margin 0.0% 0.0% 0.0%
SG&A Expense 543.9 193.4 52.7
Depreciation & Amortization (8.7) (10.9) (0.9)
Operating Income 459.1 183.1 (49.7)
Operating Margin 46.2% 50.1% --
Nonoperating Income (54.7) -- --
Nonoperating Expenses -- -- --
Income Before Taxes 404.5 183.1 (49.7)
Income Taxes 1.5 -- --
Net Income After Taxes 403.0 183.1 (49.7)

Continuing Operations 403.0 183.1 (49.7)
Discontinued Operations -- -- --
Total Operations 403.0 183.1 (49.7)
Total Net Income 403.0 183.1 (49.7)
Net Profit Margin 40.5% 50.1% --

Diluted EPS from Total Net Income ($) 5.95 3.11 (0.85)
Dividends per Share -- -- --
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