Leucadia National Corporation (NYSE: LUK) today announced its operating
results for the year ended December 31, 2012. Net income attributable to
Leucadia National Corporation common shareholders was $854,466,000
($3.44 per diluted common share) for 2012 compared to net income of
$25,231,000 ($.10 per diluted common share) for 2011.
For more information on the Company’s results of operations for 2012,
please see the Company’s Annual Report on Form 10-K for the year ended
December 31, 2012, which was filed with the Securities and Exchange
Commission today.
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SUMMARY FOR LEUCADIA NATIONAL CORPORATION
AND SUBSIDIARIES
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(In thousands, except per share amounts)
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For the Three Month
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For the Year
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Period Ended December 31,
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Ended December 31,
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2012
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2011
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2012
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2011
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Revenues and other income
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$
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2,511,140
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$
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261,599
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$
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9,193,689
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$
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1,434,622
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Net securities gains
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$
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8,912
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$
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102,261
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$
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590,581
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$
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641,476
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Income from continuing operations before income taxes and
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income (losses) related to associated companies
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$
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391,940
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$
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66,116
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$
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966,520
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$
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677,455
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Income taxes
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145,473
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28,247
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376,494
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270,316
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Income from continuing operations before income (losses)
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related to associated companies
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246,467
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37,869
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590,026
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407,139
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Income (losses) related to associated companies, net of taxes
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204,043
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76,615
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276,279
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(394,041
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Income from continuing operations
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450,510
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114,484
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866,305
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13,098
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Income (loss) from discontinued operations, including
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gain (loss) on disposal, net of taxes
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330
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4,580
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(1,664
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11,858
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Net income
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450,840
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119,064
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864,641
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24,956
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Net loss attributable to the noncontrolling interest
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993
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373
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2,060
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275
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Net (income) loss attributable to the redeemable
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noncontrolling interests
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2,333
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–
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(12,235
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–
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Net income attributable to
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Leucadia National Corporation common shareholders
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$
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454,166
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$
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119,437
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$
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854,466
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$
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25,231
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Basic earnings (loss) per common share attributable to
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Leucadia National Corporation common shareholders:
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Income from continuing operations
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$
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1.86
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$
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.47
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$
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3.50
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$
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.05
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Income (loss) from discontinued operations, including
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gain (loss) on disposal
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–
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.02
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(.01
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.05
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Net income
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$
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1.86
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$
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.49
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$
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3.49
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$
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.10
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Number of shares in calculation
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244,583
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244,583
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244,583
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244,425
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Diluted earnings (loss) per common share attributable to
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Leucadia National Corporation common shareholders:
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Income from continuing operations
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$
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1.83
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$
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.46
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$
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3.45
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$
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.05
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Income (loss) from discontinued operations, including
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gain (loss) on disposal
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–
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.02
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(.01
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.05
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Net income
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$
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1.83
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$
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.48
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$
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3.44
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$
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.10
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Number of shares in calculation
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248,922
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248,874
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248,914
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244,573
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