SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-K/A
ANNUAL REPORT UNDER SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended December 31, 1994 Commission File Number 1-6028
LINCOLN NATIONAL CORPORATION
(Exact name of registrant as specified in its charter)
Indiana 35-1140070
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
200 East Berry St., Fort Wayne, Indiana 46802-2706
(Address of Principal Executive Offices)
Registrant's Telephone Number (219) 455-2000
Common Stock Outstanding March 3, 1995 94,505,345
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
Title of each class Name of Each Exchange on
Which Registered
Common Stock (Without Par Value) New York, Chicago, Pacific,
London and Tokyo Stock Exchanges
Common Share Purchase Rights New York, Chicago and Pacific
Stock Exchanges
$3.00 Cumulative Convertible Preferred New York and Chicago Stock
Stock, Series A (Without par Value) Exchanges
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
NONE
Page 1 of 3
<PAGE> -2-
Indicate by check mark whether registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports) and (2) has been subject to such filing
requirements for the past 90 days.
Yes [ x ] No [ ]
This 10-K Amendment is being filed solely for the purpose of submitting a
Restated Financial Data Schedule, Exhibit 27.
Exhibit Index for the Report on Form 10-K/A
for the Year Ended December 31, 1994
Exhibit Number Description Page Number
27 Restated Financial Data Schedule 3
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly
authorized.
Lincoln National Corporation
By: /S/ Richard C. Vaughan
Richard C. Vaughan
Executive Vice President and
Chief Financial Officer
By: /S/ Donald L. Van Wyngarden
Donald L. Van Wyngarden
Second Vice President and Controller
<TABLE> <S> <C>
<ARTICLE> 7
<RESTATED>
<CIK> 0000059558
<NAME> Lincoln National Corporation
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-START> JAN-01-1994
<PERIOD-END> DEC-31-1994
<DEBT-HELD-FOR-SALE> 21,644,154,000
<DEBT-CARRYING-VALUE> 0
<DEBT-MARKET-VALUE> 0
<EQUITIES> 1,038,617,000
<MORTGAGE> 2,853,083,000
<REAL-ESTATE> 706,854,000
<TOTAL-INVEST> 26,968,501,000
<CASH> 1,041,583,000
<RECOVER-REINSURE> 2,152,327,000
<DEFERRED-ACQUISITION> 2,107,915,000
<TOTAL-ASSETS> 48,864,760,000
<POLICY-LOSSES> 10,536,512,000
<UNEARNED-PREMIUMS> 804,987,000
<POLICY-OTHER> 0
<POLICY-HOLDER-FUNDS> 17,250,423,000
<NOTES-PAYABLE> 694,917,000
<COMMON> 555,382,000
0
311,333,000
<OTHER-SE> 2,175,345,000
<TOTAL-LIABILITY-AND-EQUITY> 48,864,760,000
4,074,291,000
<INVESTMENT-INCOME> 2,011,351,000
<INVESTMENT-GAINS> (81,978,000)
<OTHER-INCOME> 176,186,000
<BENEFITS> 4,195,243,000
<UNDERWRITING-AMORTIZATION> 598,337,000
<UNDERWRITING-OTHER> 960,469,000
<INCOME-PRETAX> 376,281,000
<INCOME-TAX> 26,383,000
<INCOME-CONTINUING> 349,898,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 349,898,000
<EPS-PRIMARY> 3.37
<EPS-DILUTED> 3.37
<RESERVE-OPEN> 2,584,600,000
<PROVISION-CURRENT> 1,340,600,000
<PROVISION-PRIOR> (78,200,000)
<PAYMENTS-CURRENT> 619,400,000
<PAYMENTS-PRIOR> 728,200,000
<RESERVE-CLOSE> 2,499,400,000
<CUMULATIVE-DEFICIENCY> 79,000,000
