SCHEDULE II--CONDENSED FINANCIAL INFORMATION OF REGISTRANT

Unum Group (Parent Company)

BALANCE SHEETS



	December 31
	2012			2011
	(in millions of dollars)
				As Adjusted
Assets
Fixed Maturity Securities - at fair value (amortized cost: $217.7; $167.7)	$	224.6		$	172.7
Other Long-term Investments	73.0			54.2
Short-term Investments	433.5			473.9
Investment in Subsidiaries	10,079.1			9,296.8
Other Assets	723.2			618.6
Total Assets	$	11,533.4		$	10,616.2

Liabilities and Stockholders' Equity

Liabilities
Short-term Debt	$	6.6		$	2.5
Long-term Debt	1,896.2			1,641.0
Pension and Postretirement Benefits	801.6			588.2
Other Liabilities	216.4			214.8
Total Liabilities	2,920.8			2,446.5

Stockholders' Equity
Common Stock	36.0			35.9
Additional Paid-in Capital	2,607.7			2,591.1
Accumulated Other Comprehensive Income	628.0			461.8
Retained Earnings	7,371.6			6,611.0
Treasury Stock	(2,030.7		)	(1,530.1		)
Total Stockholders' Equity	8,612.6			8,169.7

Total Liabilities and Stockholders' Equity	$	11,533.4		$	10,616.2

See notes to condensed financial information.

SCHEDULE II--CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Continued)

Unum Group (Parent Company)

STATEMENTS OF INCOME



	Year Ended December 31
	2012			2011			2010
	(in millions of dollars)
				As Adjusted
Dividends from Subsidiaries	$	670.8		$	800.0		$	576.0
Interest from Subsidiaries	0.6			0.6			0.6
Other Income	54.4			64.4			56.1
Total Revenue	725.8			865.0			632.7

Interest and Debt Expense	114.2			112.1			112.3
Other Expenses	65.5			57.7			47.6
Total Expenses	179.7			169.8			159.9

Income Before Income Tax and Equity in Undistributed Earnings (Loss) of Subsidiaries	546.1			695.2			472.8
Income Tax Benefits	(25.7		)	(13.9		)	(3.6		)

Income Before Equity in Undistributed Earnings (Loss) of Subsidiaries	571.8			709.1			476.4
Equity in Undistributed Earnings (Loss) of Subsidiaries	322.6			(424.9		)	402.3

Net Income	$	894.4		$	284.2		$	878.7

See notes to condensed financial information.

SCHEDULE II--CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Continued)

Unum Group (Parent Company)

STATEMENTS OF CASH FLOWS



	Year Ended December 31
	2012			2011			2010
	(in millions of dollars)
Cash Provided by Operating Activities	$	677.3		$	827.8		$	490.1

Cash Flows from Investing Activities
Proceeds from Sales of Fixed Maturity Securities	—			133.9			3.8
Proceeds from Maturities of Fixed Maturity Securities	47.7			44.5			47.4
Proceeds from Sales and Maturities of Other Investments	1.0			—			—
Purchase of Fixed Maturity Securities	(99.1		)	—			(106.5		)
Purchase of Other Investments	(13.7		)	(3.0		)	(22.9		)
Net Sales (Purchases) of Short-term Investments	40.4			192.8			(266.7		)
Cash Distributions to Subsidiaries	(175.2		)	(166.1		)	(2.4		)
Short-term Notes Receivable from Subsidiaries	—			0.2			13.3
Acquisition of Property and Equipment	(80.4		)	(81.1		)	(70.0		)
Other, Net	0.1			—			(18.5		)
Cash Provided (Used) by Investing Activities	(279.2		)	121.2			(422.5		)

Cash Flows from Financing Activities
Net Short-term Debt Borrowings (Repayments)	4.1			(222.6		)	—
Issuance of Long-term Debt	246.4			—			396.9
Long-term Debt Repayments	—			—			(10.0		)
Issuance of Common Stock	4.9			14.8			10.0
Repurchase of Common Stock	(496.7		)	(619.9		)	(356.0		)
Dividends Paid to Stockholders	(133.8		)	(121.0		)	(114.8		)
Other, Net	1.6			—			5.6
Cash Used by Financing Activities	(373.5		)	(948.7		)	(68.3		)

Increase (Decrease) in Cash	$	24.6		$	0.3		$	(0.7	)

See notes to condensed financial information.

SCHEDULE II--CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Continued)

Unum Group (Parent Company)

NOTES TO CONDENSED FINANCIAL INFORMATION

Note 1 - Basis of Presentation

The accompanying condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto of Unum Group and subsidiaries. Certain prior year amounts have been reclassified to conform to current presentation.

In October 2010, the Financial Accounting Standards Board issued an update to address the diversity in practice regarding the interpretation of which costs relating to the acquisition of new or renewal insurance contracts qualify as deferred acquisition costs. The amendments in the update require that only incremental direct costs associated with the successful acquisition of a new or renewal insurance contract can be capitalized. All other costs are to be expensed as incurred. Our insurance subsidiaries adopted this update effective January 1, 2012 and applied the amendments retrospectively, adjusting all prior periods. The cumulative effect of the adoption as of January 1, 2010, was a decrease to stockholders' equity of $455.1 million. The effects of this accounting change on our December 31, 2011 historical balance sheet was a decrease to investment in subsidiaries of $407.3 million, an increase to accumulated other comprehensive income of $12.9 million, and a decrease to retained earnings of $420.2 million. The income statement impact of this adoption was a change in equity in undistributed earnings (loss) of subsidiaries and resulting net income of $48.8 million and $(7.4) million for the years ended December 31, 2011, and 2010, respectively. See Note 1 of the "Notes to Consolidated Financial Statements" contained herein in Item 8 for further discussion of the components of our income statement impact from the adoption of this update.

Note 2 - Debt

Long-term and short-term debt consists of the following:



	December 31
	2012		2011
	(in millions of dollars)
Long-term Debt
Notes @ 5.75% due 2042, callable at or above par	$	248.6	$	—
Notes @ 7.375% due 2032, callable at or above par	39.5		39.5
Notes @ 6.75% due 2028, callable at or above par	165.8		165.8
Notes @ 7.25% due 2028, callable at or above par	200.0		200.0
Notes @ 5.625% due 2020, callable at or above par	399.6		399.6
Notes @ 7.125% due 2016, callable at or above par	350.0		350.0
Notes @ 7.0% due 2018, non-callable	200.0		200.0
Medium-term Notes @ 7.0% to 7.2% due 2023 to 2028, non-callable	50.8		50.8
Junior Subordinated Debt Securities @ 7.405% due 2038	226.5		226.5
Fair Value Hedges Adjustment	15.4		8.8
Total	1,896.2		1,641.0
Short-term Debt
Securities Lending Agreements	6.6		2.5
Total	$	1,902.8	$	1,643.5

The junior subordinated debt securities due 2038 are callable under limited, specified circumstances. The remaining callable debt may be redeemed, in whole or in part, at any time. The aggregate contractual principal maturities are $350.0 million in 2016 and $1,532.6 million in 2018 and thereafter.

Unsecured Notes

In August 2012, we issued $250.0 million of unsecured senior notes in a public offering.

In 2010, we issued $400.0 million of unsecured senior notes in a public offering, and we purchased and retired $10.0 million of our 7.08% medium-term notes due 2024.

SCHEDULE II--CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Continued)

Unum Group (Parent Company)

NOTES TO CONDENSED FINANCIAL INFORMATION - CONTINUED

Fair Value Hedges

As of December 31, 2012 and 2011, we had $600.0 million and $350.0 million, respectively, notional amount interest rate swaps which effectively convert certain of our unsecured senior notes into floating rate debt. Under these agreements, we receive fixed rates of interest and pay variable rates of interest, based off of the three-month London Interbank Offered Rate.

Junior Subordinated Debt Securities

In 1998, Provident Financing Trust I (the trust) issued $300.0 million of 7.405% capital securities in a public offering. These capital securities, which mature in 2038, are fully and unconditionally guaranteed by Unum Group, have a liquidation value of $1,000 per capital security, and have a mandatory redemption feature under certain circumstances. Unum Group issued 7.405% junior subordinated deferrable interest debentures to the trust in connection with the capital securities offering. The debentures mature in 2038. The sole assets of the trust are the junior subordinated debt securities.

Short-term Debt

Short-term debt consists of debt due within the next twelve months, including that portion of debt otherwise classified as long-term, and securities lending agreements collateralized by cash. We account for all of our securities lending agreements and repurchase agreements as collateralized financings, and the carrying amount of the related short-term debt represents our liability to return cash collateral to the counterparty.

In 2011, the remaining $225.1 million of our 7.625% senior notes due March 2011 matured.

Interest and Debt Expense

Interest paid on long-term and short-term debt and related securities during 2012, 2011, and 2010 was $109.0 million, $115.6 million, and $110.3 million, respectively.

Shelf Registration

We have a shelf registration, which we renewed in 2011, with the Securities and Exchange Commission to issue various types of securities, including common stock, preferred stock, debt securities, depository shares, stock purchase contracts, units and warrants, or preferred securities of wholly-owned finance trusts. The shelf registration enables us to raise funds from the offering of any securities covered by the shelf registration as well as any combination thereof, subject to market conditions and our capital needs.

Note 3 - Guarantees

In 2005, UnumProvident Finance Company plc, a wholly-owned subsidiary of Unum Group, issued $400.0 million of 6.85% senior debentures due 2015. As of December 31, 2012, $296.9 million of these debentures, which we fully and unconditionally guarantee, were outstanding.

Note 4 - Cash Dividends from Subsidiaries

Cash dividends received from subsidiaries during 2012, 2011, and 2010 were $670.8 million, $800.0 million, and $576.0 million, respectively.