The following tables presents a summary of results and reconciles pre-tax adjusted operating income (loss) to consolidated income before income tax and net income (Predecessor and Successor periods are not comparable):



	Successor Company						Predecessor Company
	For The Year Ended December 31, 2016			February 1, 2015 to December 31, 2015			January 1, 2015 to January 31, 2015			For The Year Ended December 31, 2014
	(Dollars In Thousands)						(Dollars In Thousands)
Revenues
Life Marketing	$	1,627,848		$	1,426,090		$	145,595		$	1,549,351
Acquisitions	1,676,017			1,333,430			139,761			1,720,179
Annuities	574,934			443,419			7,884			533,404
Stable Value Products	114,580			79,670			8,181			127,653
Asset Protection	269,145			261,693			21,953			276,011
Corporate and Other	221,423			166,367			17,535			196,974
Total revenues	$	4,483,947		$	3,710,669		$	340,909		$	4,403,572
Adjusted Operating Income (Loss)
Life Marketing	$	39,745		$	57,414		$	(1,618	)	$	121,448
Acquisitions	260,511			194,654			20,134			254,021
Annuities	213,293			180,231			13,164			227,611
Stable Value Products	61,294			56,581			4,529			73,354
Asset Protection	16,487			20,627			2,420			32,480
Corporate and Other	(87,961		)	(25,067		)	(10,144		)	(56,720		)
Pre-tax adjusted operating income	503,369			484,440			28,485			652,194
Realized investment gains (losses)—investments⁽¹⁾	48,551			(185,153		)	89,815			207,307
Realized investment gains (losses)— derivatives	42,077			100,555			(117,118		)	(276,212		)
Income before income tax	593,997			399,842			1,182			583,289
Income tax (expense) benefit	(200,968		)	(131,543		)	327			(198,414		)
Net income	$	393,029		$	268,299		$	1,509		$	384,875

Pre-tax adjusted operating income	$	503,369		$	484,440		$	28,485		$	652,194
Adjusted operating income tax (expense) benefit	(169,247		)	(161,153		)	(9,228		)	(222,532		)
After-tax adjusted operating income	334,122			323,287			19,257			429,662
Realized investment gains (losses)—investments⁽¹⁾	48,551			(185,153		)	89,815			207,307
Realized investment gains (losses)— derivatives	42,077			100,555			(117,118		)	(276,212		)
Income tax (expense) benefit on adjustments	(31,721		)	29,610			9,555			24,118
Net income	$	393,029		$	268,299		$	1,509		$	384,875

Investment (losses) gains	$	72,911		$	(193,879	)	$	80,672		$	198,127
Less: amortization related to DAC/VOBA and benefits and settlement expenses	24,360			(8,726		)	(9,143		)	(9,180		)
Realized investment gains (losses)—investments	$	48,551		$	(185,153	)	$	89,815		$	207,307

Derivatives gains (losses)	$	(40,288	)	$	29,997		$	(123,274	)	$	(346,878	)
Less: VA GLWB economic cost	(82,365		)	(70,558		)	(6,156		)	(70,666		)
Realized investment gains (losses)—derivatives	$	42,077		$	100,555		$	(117,118	)	$	(276,212	)

(3)

Includes credit related other-than-temporary impairments of $17.7 million, $27.0 million, $0.5 million, and $7.3 million for the year ended December 31, 2016 (Successor Company), the period of February 1, 2015 to December 31, 2015 (Successor Company), the period of January 1, 2015 to January 31, 2015 (Predecessor Company) and for the year ended December 31, 2014 (Predecessor Company), respectively.



	Successor Company						Predecessor Company
	For The Year Ended December 31, 2016			February 1, 2015 to December 31, 2015			January 1, 2015 to January 31, 2015			For The Year Ended December 31, 2014
	(Dollars In Thousands)						(Dollars In Thousands)
Net investment income
Life Marketing	$	525,495		$	446,439		$	47,460		$	554,004
Acquisitions	764,571			639,422			71,088			874,653
Annuities	322,608			297,114			37,189			465,845
Stable Value Products	107,010			78,459			6,888			107,170
Asset Protection	22,082			17,459			1,878			22,703
Corporate and Other	200,690			154,055			10,677			173,349
Total net investment income	$	1,942,456		$	1,632,948		$	175,180		$	2,197,724
Amortization of DAC and VOBA
Life Marketing	$	130,708		$	107,811		$	4,813		$	175,807
Acquisitions	8,178			2,035			5,033			60,031
Annuities	(11,031		)	(41,071		)	(7,706		)	(4,651		)
Stable Value Products	1,176			43			25			380
Asset Protection	20,033			25,211			1,820			25,257
Corporate and Other	—			27			87			485
Total amortization of DAC and VOBA	$	149,064		$	94,056		$	4,072		$	257,309



Successor Company
	Operating Segment Assets As of December 31, 2016
	(Dollars In Thousands)
	Life Marketing		Acquisitions		Annuities		Stable Value Products
Investments and other assets	$	14,050,170	$	19,679,690	$	20,243,333	$	3,373,646
Deferred policy acquisition costs and value of business acquired	1,218,944		106,532		655,618		5,455
Other intangibles	301,399		37,103		183,449		8,722
Goodwill	200,274		14,524		336,677		113,813
Total assets	$	15,770,787	$	19,837,849	$	21,419,077	$	3,501,636



	Asset Protection		Corporate and Other		Total Consolidated
Investments and other assets	$	1,013,399	$	13,141,759	$	71,501,997
Deferred policy acquisition costs and value of business acquired	33,280		—		2,019,829
Other intangibles	143,865		13,545		688,083
Goodwill	128,182		—		793,470
Total assets	$	1,318,726	$	13,155,304	$	75,003,379



Successor Company
	Operating Segment Assets As of December 31, 2015
	(Dollars In Thousands)
	Life Marketing		Acquisitions			Annuities		Stable Value Products
Investments and other assets	$	13,258,639	$	19,879,988		$	19,926,108	$	2,006,263
Deferred policy acquisition costs and value of business acquired	1,119,515		(178,662		)	578,742		2,357
Other intangibles	319,623		39,658			196,780		9,389
Goodwill	200,274		14,524			336,677		113,813
Total assets	$	14,898,051	$	19,755,508		$	21,038,307	$	2,131,822



	Asset Protection		Corporate and Other		Total Consolidated
Investments and other assets	$	897,326	$	9,583,991	$	65,552,315
Deferred policy acquisition costs and value of business acquired	36,856		—		1,558,808
Other intangibles	79,681		—		645,131
Goodwill	67,155		—		732,443
Total assets	$	1,081,018	$	9,583,991	$	68,488,697