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Investors Title Co. Message Board

  • FSUpolo FSUpolo Dec 29, 2004 4:26 PM Flag

    ITIC - Other Revenues

    Anyone have any idea what makes up "other revenues" on the income statement? Totals $1.68MM so far this year.

    Thanks all.

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    • FSUPolo,

      I've looked through the last couple of ARs, and here's the best I can find for that 2% of revenues:

      "Operating Revenues

      Operating revenues include premiums written and reinsurance assumed, net of
      reinsurance ceded (net premiums written) plus fee income as well as gains and
      losses on the disposal of fixed assets. Investment income is not included in
      operating revenues for the purpose of this summary schedule."

      (Page 4 of the 2003 annual report, which is cited as EX-13 in the 2003 10-K filing. )

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