These 13 Largest Alabama Corps filing with the SEC generated Audited US GAAP Total After-tax Net Income from Continuing Operations of $1,672 mil in the most recent fiscal year 2011, which was an earnings improvement of a massive $6,355 mil above the Total After-tax Net Loss of $4,683 mil generated by these same 13 Largest Alabama companies just three years earlier in 2008, the last year of the Bush/Cheney Administration.
So if the question to be answered is whether, in the aggregate, these 13 Largest Alabama Corps are better off now than they were in the last year of the Bush/Cheney Administration, the answer is clearly yes, and by $6.4 bil better, as audited earnings performance is measured by the prestigious US Accounting Profession.
So it's not just the Blue States and Swing States which have had their largest and somewhat largest corporations generate very strong earnings improvement during the Obama Administration. Corporations in all Red States, including Alabama, have done likewise. This just shows that the Obama Administration has been evenhanded in focusing on creating an excellent US economic environment that have permitted businesses all throughout the country to prosper.
Below here is the Audited under US GAAP After-tax Net Income or Net Loss from Continuing Operations for each of these 13 Largest Alabama Corps for each of the most recent five fiscal years. A clear majority of these 13 Corporations have a December Fiscal Year End (FYE).
| FYE | FYE | FYE | FYE | FYE | ||
| 2011 | 2010 | 2009 | 2008 | 2007 | ||
| Reported | Reported | Reported | Reported | Reported | ||
| Audited | Audited | Audited | Audited | Audited | ||
| After-Tax | After-Tax | After-Tax | After-Tax | After-Tax | ||
| Net Income | Net Income | Net Income | Net Income | Net Income | ||
| (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||
| HQs | mil $s | mil $s | mil $s | mil $s | mil $s | |
| Alabama Largest Corps | ||||||
| Walter Energy | Birmingham | 349 | 389 | 142 | 231 | 98 |
| Protective Life | Birmingham | 339 | 260 | 271 | (42) | 290 |
| Proassurance | Birmingham | 287 | 232 | 222 | 178 | 168 |
| Energen | Birmingham | 260 | 291 | 256 | 322 | 309 |
| Healthsouth | Birmingham | 206 | 931 | 110 | 250 | 222 |
| Regions Financial | Birmingham | 189 | (468) | (1,074) | (5,649) | 1,285 |
| Adtran | Huntsville | 139 | 114 | 74 | 79 | 76 |
| Hibbett Sports | Birmingham | 59 | 46 | 33 | 29 | 30 |
| Infinity Property&Casualty | Birmingham | 42 | 92 | 71 | 19 | 72 |
| Colonial Properties Trust | Birmingham | (18) | (38) | 12 | (79) | 274 |
| BancTrust Financial Group | Mobile | (48) | 4 | (121) | 1 | 6 |
| Biocryst Pharmaceuticals | Birmingham | (57) | (34) | (13) | (25) | (29) |
| Vulcan Materials | Birmingham | (75) | (103) | 19 | 3 | 463 |
| Total all 13 Largest Alabama Corps | 1,672 | 1,716 | 2 | (4,683) | 3,264 | |
| Annual Increase (Decrease) | ||||||
| …..Amount | (44) | 1,714 | 4,685 | (7,947) | ||
| …..Percentage | -3% | 85700% | 100% | -243% | ||
| Three Year Increase (2008-2011) Under Obama | ||||||
| …..Amount | 6,355 | |||||
| …..Percentage | 136% | |||||
