1. Statistical Supplement
Pro Forma Second Quarter 2005
to Reflect New Segment Reporting
Implemented in Third Quarter 2005
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www.unumprovident.com

2. UnumProvident
Statistical Supplement Second Quarter 2005
Pro Forma to Reflect New Segment Reporting Implemented in Third Quarter 2005
TABLE OF CONTENTS
(dollars in millions, except share data)
Interim Results are Unaudited
Page
Financial Highlights 1
Consolidated Statements of Operations 2
Financial Sales Data 3
Consolidated Balance Sheets 4
Financial Results by Segment 5
Quarterly Historical Financial Results by Segment 6
Financial Results and Selected Statistics by Segment
U.S. Brokerage 7
Unum Limited 8
Colonial 9
Individual Income Protection - Closed Block 10
Other 11
Corporate 12
Investment Fact Sheets 13
Statutory Capital and Surplus and Results 14
Notes to Statistical Supplement 15
Throughout this supplement, operating revenue and operating income (loss) before income taxes exclude realized investment gains
and losses.
N.M. = not a meaningful percentage

3. UnumProvident Financial Highlights
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Financial Results
Premium Income $ 1,940.0 $ 1,956.8 $ 3,875.0 $ 3,913.0 $ 7,839.6 $ 7,615.7 $ 7,151.1
Segment Operating Revenue $ 2,591.2 $ 2,595.8 $ 5,166.3 $ 5,194.1 $ 10,435.7 $ 10,165.4 $ 9,568.2
Net Realized Investment Gain (Loss) 65.5 (86.5) 62.3 (61.1) 29.2 (173.8) (309.1)
Revenue $ 2,656.7 $ 2,509.3 $ 5,228.6 $ 5,133.0 $ 10,464.9 $ 9,991.6 $ 9,259.1
Income (Loss) from Continuing Operations Before Cumulative
Effect of Accounting Principle Change $ 171.3 $ 75.0 $ 323.5 $ (494.3) $ (192.2) $ (264.6) $ 396.9
Income (Loss) from Discontinued Operations, net of tax - (67.8) - (60.8) (60.8) (161.7) 11.4
Cumulative Effect of Accounting Principle Change, net of tax - - - - - 39.9 (7.1)
Net Income (Loss) $ 171.3 $ 7.2 $ 323.5 $ (555.1) $ (253.0) $ (386.4) $ 401.2
Assets $ 52,430.4 $ 48,503.7 $ 50,832.3 $ 49,718.3 $ 45,259.5
Stockholders' Equity $ 7,854.6 $ 6,226.4 $ 7,224.1 $ 7,271.0 $ 6,843.2
Included in the six months and full year 2004 net loss is an after-tax charge of $701.0 million related to the restructuring of the individual income protection - closed block business.
Note:
Also included in the full year 2004 net loss is an after-tax charge of $87.8 million related to the settlement of the multistate market conduct examination. Included in the 2003 net
loss is an after-tax charge of $581.1 million related to group income protection reserve strengthening.
See quot;Notes to Statistical Supplementquot; on page 15 for additional information.
1

4. UnumProvident Financial Highlights
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Per Common Share Information
Assuming Dilution:
Income (Loss) from Continuing Operations Before
Cumulative Effect of Accounting Principle Change $ 0.55 $ 0.25 $ 1.05 $ (1.67) $ (0.65) $ (0.96) $ 1.63
Income (Loss) from Discontinued Operations, net of tax - (0.23) - (0.21) (0.21) (0.58) 0.05
Cumulative Effect of Accounting Principle Change, net of tax - - - - - 0.14 (0.03)
Net Income (Loss) $ 0.55 $ 0.02 $ 1.05 $ (1.88) $ (0.86) $ (1.40) $ 1.65
Basic:
Income (Loss) from Continuing Operations Before
Cumulative Effect of Accounting Principle Change $ 0.58 $ 0.25 $ 1.09 $ (1.67) $ (0.65) $ (0.96) $ 1.64
Income (Loss) from Discontinued Operations, net of tax - (0.23) - (0.21) (0.21) (0.58) 0.05
Cumulative Effect of Accounting Principle Change, net of tax - - - - - 0.14 (0.03)
Net Income (Loss) $ 0.58 $ 0.02 $ 1.09 $ (1.88) $ (0.86) $ (1.40) $ 1.66
Dividends Paid $ 0.0750 $ 0.0750 $ 0.1500 $ 0.1500 $ 0.3000 $ 0.3725 $ 0.5900
Book Value $ 26.37 $ 21.01 $ 24.36 $ 24.55 $ 28.33
Price (UNM closing price on last trading day of period) $ 18.32 $ 15.90 $ 17.94 $ 15.77 $ 17.54
1.1

5. UnumProvident Consolidated Statements of Operations
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Revenue
Premium Income $ 1,940.0 $ 1,956.8 $ 3,875.0 $ 3,913.0 $ 7,839.6 $ 7,615.7 $ 7,151.1
Net Investment Income 548.2 532.9 1,076.2 1,067.0 2,158.7 2,158.4 2,028.9
Net Realized Investment Gain (Loss) 65.5 (86.5) 62.3 (61.1) 29.2 (173.8) (309.1)
Other Income 103.0 106.1 215.1 214.1 437.4 391.3 388.2
Total Revenue 2,656.7 2,509.3 5,228.6 5,133.0 10,464.9 9,991.6 9,259.1
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 1,730.6 1,756.8 3,468.5 3,636.1 7,248.4 7,868.1 6,324.8
Commissions 210.2 212.4 417.9 433.7 842.3 844.1 820.2
Interest and Debt Expense 52.9 51.5 105.7 100.7 207.1 187.2 162.4
Deferral of Policy Acquisition Costs (145.0) (146.1) (282.6) (294.4) (557.3) (665.9) (671.4)
Amortization of Deferred Policy Acquisition Costs 121.1 109.6 236.9 218.2 436.7 458.6 398.9
Amortization of Value of Business Acquired 3.9 5.2 8.0 9.1 15.8 37.5 39.0
Impairment of Intangible Assets - - - 856.4 856.4 - -
Other Operating Expenses 417.2 407.8 826.8 831.3 1,675.0 1,697.2 1,592.0
Total Benefits and Expenses 2,390.9 2,397.2 4,781.2 5,791.1 10,724.4 10,426.8 8,665.9
Income (Loss) from Continuing Operations Before
Income Taxes and Cumulative Effect of
Accounting Principle Change 265.8 112.1 447.4 (658.1) (259.5) (435.2) 593.2
Income Taxes (Benefit) 94.5 37.1 123.9 (163.8) (67.3) (170.6) 196.3
Income (Loss) from Continuing Operations Before
Cumulative Effect of Accounting
Principle Change 171.3 75.0 323.5 (494.3) (192.2) (264.6) 396.9
Income (Loss) from Discontinued
Operations, net of tax - (67.8) - (60.8) (60.8) (161.7) 11.4
Cumulative Effect of Accounting Principle
Change, net of tax - - - - - 39.9 (7.1)
Net Income (Loss) $ 171.3 $ 7.2 $ 323.5 $ (555.1) $ (253.0) $ (386.4) $ 401.2
Average Number of Shares Outstanding
Basic 295,606,363 295,161,255 295,558,629 295,092,304 295,224,305 276,132,176 242,032,884
Dilutive Securities:
Purchase Contracts (see page 15) 10,848,872 4,870,191 10,570,503 - - - -
Options and Other Dilutive Securities 2,653,061 1,446,758 2,236,114 - - - 1,037,230
Assuming Dilution 309,108,296 301,478,204 308,365,246 295,092,304 295,224,305 276,132,176 243,070,114
Actual Number of Shares Outstanding 297,886,901 296,405,532 296,545,913 296,143,422 241,587,260
2

6. UnumProvident Financial Sales Data
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 % Change 6/30/2005 6/30/2004 % Change 12/31/2004 12/31/2003 12/31/2002
U.S. Brokerage Segment
Fully Insured Products
Group Long-term Income Protection $ 47.7 $ 41.0 16.3 % $ 84.7 $ 76.8 10.3 % $ 180.4 $ 299.1 $ 325.2
Group Short-term Income Protection 14.7 16.9 (13.0) 30.7 42.6 (27.9) 79.5 127.2 129.3
Group Life 38.5 39.1 (1.5) 70.2 69.2 1.4 166.5 241.6 274.1
Accidental Death & Dismemberment 3.3 3.6 (8.3) 6.7 6.1 9.8 12.8 26.6 41.1
Individual Income Protection - Recently Issued 12.0 15.2 (21.1) 25.3 31.9 (20.7) 61.6 72.9 83.9
Group Long-term Care 5.4 4.5 20.0 10.4 7.8 33.3 18.7 27.0 23.5
Individual Long-term Care 3.3 6.0 (45.0) 6.4 11.4 (43.9) 19.5 43.9 63.7
Voluntary Workplace Benefits 24.3 18.7 29.9 75.2 64.6 16.4 114.1 105.8 79.1
Total Fully Insured Products 149.2 145.0 2.9 309.6 310.4 (0.3) 653.1 944.1 1,019.9
Administrative Services Only (ASO) Products
Group Long-term Income Protection 0.5 0.1 N.M. 0.6 0.3 100.0 1.1 6.5 4.8
Group Short-term Income Protection 0.7 0.9 (22.2) 1.4 2.5 (44.0) 7.3 14.4 20.2
Total ASO Products 1.2 1.0 20.0 2.0 2.8 (28.6) 8.4 20.9 25.0
U.S. Brokerage Segment $ 150.4 $ 146.0 3.0 $ 311.6 $ 313.2 (0.5) $ 661.5 $ 965.0 $ 1,044.9
Unum Limited Segment
Group Long-term Income Protection $ 38.8 $ 32.3 20.1 $ 56.6 $ 61.6 (8.1) $ 103.3 $ 81.5 $ 57.0
Group Life 5.0 28.7 (82.6) 20.8 38.2 (45.5) 68.1 27.7 14.5
Other 2.2 2.5 (12.0) 5.3 4.9 8.2 11.1 19.4 22.7
Unum Limited Segment $ 46.0 $ 63.5 (27.6) $ 82.7 $ 104.7 (21.0) $ 182.5 $ 128.6 $ 94.2
Colonial Segment $ 65.9 $ 63.2 4.3 $ 127.2 $ 124.9 1.8 $ 278.5 $ 285.2 $ 257.1
Individual Income Protection - Closed Block Segment $ 1.6 $ 1.9 (15.8) $ 3.2 $ 3.9 (17.9) $ 7.8 $ 12.1 $ 18.6
Total Sales from Continuing Operations $ 263.9 $ 274.6 (3.9) $ 524.7 $ 546.7 (4.0) $ 1,130.3 $ 1,390.9 $ 1,414.8
Sales from Discontinued Operations $ - $ 2.6 N.M. $ - $ 10.1 N.M. $ 10.1 $ 36.6 $ 34.5
Total $ 263.9 $ 277.2 (4.8) % $ 524.7 $ 556.8 (5.8) % $ 1,140.4 $ 1,427.5 $ 1,449.3
3

7. UnumProvident Consolidated Balance Sheets
June 30, December 31,
2005 2004 2003
Assets
Investments
Fixed Maturity Securities Available-for-Sale
Continuing $ 34,027.4 $ 32,488.4 $ 30,084.2
Discontinued - - 1,102.4
Total Fixed Maturity Securities Available-for-Sale 34,027.4 32,488.4 31,186.6
Equity Securities 12.8 12.9 39.1
Mortgage Loans 600.3 498.2 474.7
Real Estate 18.2 27.4 25.9
Policy Loans 3,074.0 3,073.6 2,877.9
Other Long-term Investments 75.9 77.0 91.9
Short-term Investments 232.1 410.2 332.2
Total Investments 38,040.7 36,587.7 35,028.3
Cash and Bank Deposits 94.9 130.7 119.2
Reinsurance Receivable 7,276.2 6,969.2 6,242.6
Accrued Investment Income 599.9 588.3 543.6
Deferred Policy Acquisition Costs 2,917.3 2,882.5 3,051.9
Value of Business Acquired 88.1 101.5 463.5
Goodwill 270.5 271.1 476.7
Current Income Tax 26.6 - -
Other Discontinued Assets - - 330.2
Other Assets 3,086.4 3,269.6 3,429.8
Separate Account Assets 29.8 31.7 32.5
Total Assets $ 52,430.4 $ 50,832.3 $ 49,718.3
Liabilities
Policy and Contract Benefits $ 2,033.7 $ 2,060.1 $ 1,928.4
Reserves for Future Policy and Contract Benefits
and Unearned Premiums 34,367.9 33,507.1 31,431.1
Other Policyholders' Funds 2,339.1 2,425.3 2,493.3
Deferred Income Tax 1,337.0 1,060.9 946.8
Short-term Debt 200.0 227.0 -
Long-term Debt 2,862.0 2,862.0 2,789.0
Other Discontinued Liabilities - - 1,462.6
Other Liabilities 1,406.3 1,434.1 1,363.6
Separate Account Liabilities 29.8 31.7 32.5
Total Liabilities 44,575.8 43,608.2 42,447.3
Stockholders' Equity
Common Stock 30.0 29.8 29.8
Additional Paid-in Capital 1,615.1 1,588.4 1,609.1
Retained Earnings 4,464.7 4,185.5 4,526.9
Accumulated Other Comprehensive Income 1,820.5 1,481.1 1,171.2
Treasury Stock (54.2) (54.2) (54.2)
Deferred Compensation (21.5) (6.5) (11.8)
Total Stockholders' Equity 7,854.6 7,224.1 7,271.0
Total Liabilities and Stockholders' Equity $ 52,430.4 $ 50,832.3 $ 49,718.3
4

8. UnumProvident Segment Deferred Policy Acquisition Cost
Individual
Income
U.S. Unum Protection - Corporate
Brokerage Limited Colonial Closed Block and Other Consolidated
Balances at December 31, 2002 $ 1,965.8 $ 107.0 $ 440.6 $ 318.3 $ 0.8 $ 2,832.5
Capitalized 458.8 33.6 166.1 7.5 (0.1) 665.9
Amortized (282.0) (17.0) (118.3) (41.3) - (458.6)
Foreign Currency and Other (0.5) 14.7 - (2.3) 0.2 12.1
Balances at December 31, 2003 2,142.1 138.3 488.4 282.2 0.9 3,051.9
Capitalized 346.0 37.7 173.7 - (0.1) 557.3
Amortized (286.3) (19.2) (131.2) - - (436.7)
Impairment - - - (282.2) - (282.2)
Foreign Currency and Other (5.6) (1.9) - - (0.3) (7.8)
Balances at December 31, 2004 2,196.2 154.9 530.9 - 0.5 2,882.5
Capitalized 174.5 18.8 89.2 - 0.1 282.6
Amortized (157.5) (10.8) (68.4) - (0.2) (236.9)
Foreign Currency and Other - (10.9) - - - (10.9)
Balances at June 30, 2005 $ 2,213.2 $ 152.0 $ 551.7 $ - $ 0.4 $ 2,917.3
4.1

9. UnumProvident Segment Balance Sheets - June 30, 2005
U.S. Brokerage
Group Life Individual
Group and Accidental Supplemental Total Income
Income Death & and U.S. Unum Protection - Corporate
Protection Dismemberment Voluntary Brokerage Limited Colonial Closed Block and Other Consolidated
Assets
Investments $ 9,548.2 $ 2,460.2 $ 4,330.3 $ 16,338.7 $ 2,822.5 $ 1,603.9 $ 11,308.5 $ 5,967.1 $ 38,040.7
Deferred Policy Acquisition Costs 614.0 323.9 1,275.3 2,213.2 152.0 551.7 - 0.4 2,917.3
Value of Business Acquired - - 2.8 2.8 69.2 16.1 - - 88.1
Goodwill 2.5 - 187.5 190.0 12.9 - - 67.6 270.5
All Other 907.0 195.0 381.8 1,483.8 415.6 34.2 5,027.2 4,153.0 11,113.8
Total Assets $ 11,071.7 $ 2,979.1 $ 6,177.7 $ 20,228.5 $ 3,472.2 $ 2,205.9 $ 16,335.7 $ 10,188.1 $ 52,430.4
Liabilities
Reserves and Policyholder Benefits $ 8,359.4 $ 1,645.4 $ 3,626.9 $ 13,631.7 $ 2,410.4 $ 1,237.3 $ 12,859.3 $ 8,602.0 $ 38,740.7
Debt - - - - - - - 3,062.0 3,062.0
All Other 488.2 156.6 542.9 1,187.7 274.0 150.6 463.9 696.9 2,773.1
Total Liabilities 8,847.6 1,802.0 4,169.8 14,819.4 2,684.4 1,387.9 13,323.2 12,360.9 44,575.8
Other Allocated Stockholders' Equity 1,963.9 1,106.5 1,455.9 4,526.3 661.2 737.3 2,353.2 (2,356.7) 5,921.3
Unrealized Gain/Loss on Securities 260.2 70.6 552.0 882.8 126.6 80.7 659.3 183.9 1,933.3
Total Allocated Stockholders'
Equity 2,224.1 1,177.1 2,007.9 5,409.1 787.8 818.0 3,012.5 (2,172.8) 7,854.6
Total Liabilities and Allocated
Stockholders' Equity $ 11,071.7 $ 2,979.1 $ 6,177.7 $ 20,228.5 $ 3,472.2 $ 2,205.9 $ 16,335.7 $ 10,188.1 $ 52,430.4
Allocated stockholders' equity is determined on the basis of an internal allocation formula that reflects the volume and risk components of the business and aligns
with the Company's target capital levels for regulatory and rating agency purposes. This formula is modified periodically to recognize changes in the views of capital requirements.
4.2

10. UnumProvident Segment Balance Sheets - December 31, 2004
U.S. Brokerage
Group Life Individual
Group and Accidental Supplemental Total Income
Income Death & and U.S. Unum Protection - Corporate
Protection Dismemberment Voluntary Brokerage Limited Colonial Closed Block and Other Consolidated
Assets
Investments $ 9,178.9 $ 2,655.4 $ 3,643.2 $ 15,477.5 $ 2,713.7 $ 1,499.6 $ 11,068.9 $ 5,828.0 $ 36,587.7
Deferred Policy Acquisition Costs 621.4 330.8 1,244.0 2,196.2 154.9 530.9 - 0.5 2,882.5
Value of Business Acquired - - 3.0 3.0 81.8 16.7 - - 101.5
Goodwill 2.5 - 187.5 190.0 13.5 - - 67.6 271.1
All Other 1,043.2 92.9 489.4 1,625.5 400.9 64.0 4,922.5 3,976.6 10,989.5
Total Assets $ 10,846.0 $ 3,079.1 $ 5,567.1 $ 19,492.2 $ 3,364.8 $ 2,111.2 $ 15,991.4 $ 9,872.7 $ 50,832.3
Liabilities
Reserves and Policyholder Benefits $ 8,043.2 $ 1,714.0 $ 3,341.4 $ 13,098.6 $ 2,408.5 $ 1,191.0 $ 12,736.8 $ 8,557.6 $ 37,992.5
Debt - - - - - - - 3,089.0 3,089.0
All Other 497.3 131.6 426.3 1,055.2 238.1 131.5 379.4 722.5 2,526.7
Total Liabilities 8,540.5 1,845.6 3,767.7 14,153.8 2,646.6 1,322.5 13,116.2 12,369.1 43,608.2
Other Allocated Stockholders' Equity 1,984.6 1,184.1 1,445.3 4,614.0 647.4 720.5 2,309.6 (2,614.1) 5,677.4
Unrealized Gain/Loss on Securities 320.9 49.4 354.1 724.4 70.8 68.2 565.6 117.7 1,546.7
Total Allocated Stockholders'
Equity 2,305.5 1,233.5 1,799.4 5,338.4 718.2 788.7 2,875.2 (2,496.4) 7,224.1
Total Liabilities and Allocated
Stockholders' Equity $ 10,846.0 $ 3,079.1 $ 5,567.1 $ 19,492.2 $ 3,364.8 $ 2,111.2 $ 15,991.4 $ 9,872.7 $ 50,832.3
Allocated stockholders' equity is determined on the basis of an internal allocation formula that reflects the volume and risk components of the business and aligns
with the Company's target capital levels for regulatory and rating agency purposes. This formula is modified periodically to recognize changes in the views of capital requirements.
4.3

11. UnumProvident Financial Results by Segment
Three Months Ended Six Months Ended
6/30/2005 6/30/2004 % Change 6/30/2005 6/30/2004 % Change
Premium Income
U.S. Brokerage $ 1,317.3 $ 1,359.5 (3.1) % $ 2,626.5 $ 2,723.9 (3.6) %
Unum Limited 193.1 161.2 19.8 383.1 312.0 22.8
Colonial 195.6 184.0 6.3 389.1 365.1 6.6
Individual Income Protection - Closed Block 232.8 249.2 (6.6) 474.8 500.5 (5.1)
Other 1.2 2.9 (58.6) 1.5 11.5 (87.0)
1,940.0 1,956.8 (0.9) 3,875.0 3,913.0 (1.0)
Net Investment Income
U.S. Brokerage 250.4 238.1 5.2 494.4 467.8 5.7
Unum Limited 39.6 34.5 14.8 77.3 66.9 15.5
Colonial 23.3 23.7 (1.7) 48.3 46.5 3.9
Individual Income Protection - Closed Block 189.7 189.9 (0.1) 369.6 402.9 (8.3)
Other 32.8 32.2 1.9 61.9 64.2 (3.6)
Corporate 12.4 14.5 (14.5) 24.7 18.7 32.1
548.2 532.9 2.9 1,076.2 1,067.0 0.9
Other Income
U.S. Brokerage 25.2 21.7 16.1 52.2 43.8 19.2
Unum Limited (0.1) 0.8 (112.5) 0.4 2.1 (81.0)
Colonial 1.0 0.7 42.9 2.2 1.0 120.0
Individual Income Protection - Closed Block 19.8 20.2 (2.0) 44.5 48.0 (7.3)
Other 52.9 52.5 0.8 106.5 108.7 (2.0)
Corporate 4.2 10.2 (58.8) 9.3 10.5 (11.4)
103.0 106.1 (2.9) 215.1 214.1 0.5
Total Operating Revenue
U.S. Brokerage 1,592.9 1,619.3 (1.6) 3,173.1 3,235.5 (1.9)
Unum Limited 232.6 196.5 18.4 460.8 381.0 20.9
Colonial 219.9 208.4 5.5 439.6 412.6 6.5
Individual Income Protection - Closed Block 442.3 459.3 (3.7) 888.9 951.4 (6.6)
Other 86.9 87.6 (0.8) 169.9 184.4 (7.9)
Corporate 16.6 24.7 (32.8) 34.0 29.2 16.4
2,591.2 2,595.8 (0.2) 5,166.3 5,194.1 (0.5)
5

12. UnumProvident Financial Results by Segment
Three Months Ended Six Months Ended
6/30/2005 6/30/2004 % Change 6/30/2005 6/30/2004 % Change
Benefits and Expenses
U.S. Brokerage $ 1,481.5 $ 1,505.7 (1.6) % $ 2,961.2 $ 3,029.2 (2.2) %
Unum Limited 191.3 164.8 16.1 372.2 314.5 18.3
Colonial 176.3 169.0 4.3 352.2 336.6 4.6
Individual Income Protection - Closed Block 414.6 429.3 (3.4) 838.1 1,845.2 (54.6)
Other 73.0 73.0 0.0 146.7 159.0 (7.7)
Corporate 54.2 55.4 (2.2) 110.8 106.6 3.9
2,390.9 2,397.2 (0.3) 4,781.2 5,791.1 (17.4)
Income (Loss) from Continuing Operations
Before Income Taxes and Net Realized
Investment Gain (Loss)
U.S. Brokerage 111.4 113.6 (1.9) 211.9 206.3 2.7
Unum Limited 41.3 31.7 30.3 88.6 66.5 33.2
Colonial 43.6 39.4 10.7 87.4 76.0 15.0
Individual Income Protection - Closed Block 27.7 30.0 (7.7) 50.8 (893.8) 105.7
Other 13.9 14.6 (4.8) 23.2 25.4 (8.7)
Corporate (37.6) (30.7) (22.5) (76.8) (77.4) 0.8
200.3 198.6 0.9 385.1 (597.0) 164.5
Income Taxes (Benefit) 71.6 67.7 5.8 102.1 (142.5) 171.6
Income (Loss) from Continuing Operations
Before Net Realized Investment Gain (Loss) 128.7 130.9 (1.7) 283.0 (454.5) 162.3
Net Realized Investment Gain (Loss) 65.5 (86.5) 175.7 62.3 (61.1) N.M.
Tax Expense (Benefit) on Net Realized
Investment Gain (Loss) 22.9 (30.6) 174.8 21.8 (21.3) N.M.
Loss from Discontinued
Operations, net of tax - (67.8) N.M. - (60.8) N.M.
Net Income (Loss) $ 171.3 $ 7.2 N.M. % $ 323.5 $ (555.1) 158.3 %
Note: See quot;Notes to Statistical Supplementquot; on page 15 for information.
5.1

13. UnumProvident Quarterly Historical Financial Results by Segment
6/30/05 3/31/05 12/31/04 9/30/04 6/30/04 3/31/04 12/31/03 9/30/03 6/30/03
Premium Income
U.S. Brokerage $ 1,317.3 $ 1,309.2 $ 1,349.3 $ 1,348.4 $ 1,359.5 $ 1,364.4 $ 1,355.5 $ 1,356.3 $ 1,349.6
Unum Limited 193.1 190.0 177.0 170.1 161.2 150.8 134.1 119.9 121.9
Colonial 195.6 193.5 189.5 186.4 184.0 181.1 177.2 174.0 171.7
Individual Income Protection - Closed Block 232.8 242.0 239.3 246.8 249.2 251.3 237.4 262.1 260.4
Other 1.2 0.3 9.2 10.6 2.9 8.6 7.7 9.0 7.6
1,940.0 1,935.0 1,964.3 1,962.3 1,956.8 1,956.2 1,911.9 1,921.3 1,911.2
Net Investment Income
U.S. Brokerage 250.4 244.0 260.9 237.1 238.1 229.7 239.3 258.1 245.0
Unum Limited 39.6 37.7 37.4 35.3 34.5 32.4 28.9 26.3 25.7
Colonial 23.3 25.0 24.5 23.5 23.7 22.8 25.2 22.9 21.1
Individual Income Protection - Closed Block 189.7 179.9 203.6 192.6 189.9 213.0 211.0 208.0 200.9
Other 32.8 29.1 31.0 32.1 32.2 32.0 33.3 32.2 38.2
Corporate 12.4 12.3 7.1 6.6 14.5 4.2 11.1 7.8 4.1
548.2 528.0 564.5 527.2 532.9 534.1 548.8 555.3 535.0
Other Income
U.S. Brokerage 25.2 27.0 23.2 22.8 21.7 22.1 22.2 19.2 15.2
Unum Limited (0.1) 0.5 0.5 0.5 0.8 1.3 1.7 2.4 3.3
Colonial 1.0 1.2 0.6 0.7 0.7 0.3 0.4 0.4 1.3
Individual Income Protection - Closed Block 19.8 24.7 31.2 21.1 20.2 27.8 18.8 30.2 33.4
Other 52.9 53.6 47.2 52.4 52.5 56.2 45.3 52.8 52.6
Corporate 4.2 5.1 19.3 3.8 10.2 0.3 (1.4) 0.5 3.7
103.0 112.1 122.0 101.3 106.1 108.0 87.0 105.5 109.5
Total Operating Revenue
U.S. Brokerage 1,592.9 1,580.2 1,633.4 1,608.3 1,619.3 1,616.2 1,617.0 1,633.6 1,609.8
Unum Limited 232.6 228.2 214.9 205.9 196.5 184.5 164.7 148.6 150.9
Colonial 219.9 219.7 214.6 210.6 208.4 204.2 202.8 197.3 194.1
Individual Income Protection - Closed Block 442.3 446.6 474.1 460.5 459.3 492.1 467.2 500.3 494.7
Other 86.9 83.0 87.4 95.1 87.6 96.8 86.3 94.0 98.4
Corporate 16.6 17.4 26.4 10.4 24.7 4.5 9.7 8.3 7.8
2,591.2 2,575.1 2,650.8 2,590.8 2,595.8 2,598.3 2,547.7 2,582.1 2,555.7
6

14. UnumProvident Quarterly Historical Financial Results by Segment
6/30/05 3/31/05 12/31/04 9/30/04 6/30/04 3/31/04 12/31/03 9/30/03 6/30/03
Benefits and Expenses
U.S. Brokerage $ 1,481.5 $ 1,479.7 $ 1,617.7 $ 1,494.8 $ 1,505.7 $ 1,523.5 $ 1,958.6 $ 1,511.1 $ 1,482.6
Unum Limited 191.3 180.9 168.2 167.8 164.8 149.7 132.6 121.0 121.3
Colonial 176.3 175.9 174.6 171.0 169.0 167.6 165.2 158.8 158.7
Individual Income Protection - Closed Block 414.6 423.5 436.3 427.3 429.3 1,415.9 445.0 481.1 489.4
Other 73.0 73.7 79.1 83.4 73.0 86.0 84.4 81.0 86.8
Corporate 54.2 56.6 57.9 55.2 55.4 51.2 56.3 55.6 53.0
2,390.9 2,390.3 2,533.8 2,399.5 2,397.2 3,393.9 2,842.1 2,408.6 2,391.8
Income (Loss) from Continuing
Operations Before Income Taxes,
Net Realized Investment Gain (Loss),
and Cumulative Effect of Accounting
Principle Change
U.S. Brokerage 111.4 100.5 15.7 113.5 113.6 92.7 (341.6) 122.5 127.2
Unum Limited 41.3 47.3 46.7 38.1 31.7 34.8 32.1 27.6 29.6
Colonial 43.6 43.8 40.0 39.6 39.4 36.6 37.6 38.5 35.4
Individual Income Protection - Closed Block 27.7 23.1 37.8 33.2 30.0 (923.8) 22.2 19.2 5.3
Other 13.9 9.3 8.3 11.7 14.6 10.8 1.9 13.0 11.6
Corporate (37.6) (39.2) (31.5) (44.8) (30.7) (46.7) (46.6) (47.3) (45.2)
200.3 184.8 117.0 191.3 198.6 (795.6) (294.4) 173.5 163.9
Income Taxes (Benefit) 71.6 30.5 (0.7) 65.5 67.7 (210.2) (110.3) 58.7 52.5
Income (Loss) from Continuing
Operations Before Net Realized
Investment Gain (Loss) and Cumulative
Effect of Accounting Principle Change 128.7 154.3 117.7 125.8 130.9 (585.4) (184.1) 114.8 111.4
Net Realized Investment Gain (Loss) 65.5 (3.2) 25.8 64.5 (86.5) 25.4 (36.4) (25.8) (26.5)
Tax Expense (Benefit) on Net Realized
Investment Gain (Loss) 22.9 (1.1) 9.0 22.7 (30.6) 9.3 (12.5) (9.3) (9.2)
Income (Loss) from Discontinued
Operations, net of tax - - - - (67.8) 7.0 (179.1) 10.4 4.4
Cumulative Effect of Accounting
Principle Change, net of tax - - - - - - 39.9 - -
Net Income (Loss) $ 171.3 $ 152.2 $ 134.5 $ 167.6 $ 7.2 $ (562.3) $ (347.2) $ 108.7 $ 98.5
Per Common Share - Assuming Dilution
Income (Loss) from Continuing Operations
Before Cumulative Effect of Accounting
Principle Change $ 0.55 $ 0.49 $ 0.45 $ 0.55 $ 0.25 $ (1.93) $ (0.71) $ 0.33 $ 0.34
Income (Loss) from Discontinued
Operations, net of tax - - - - (0.23) 0.02 (0.61) 0.03 0.02
Cumulative Effect of Accounting Principle
Change, net of tax - - - - - - 0.14 - -
Net Income (Loss) $ 0.55 $ 0.49 $ 0.45 $ 0.55 $ 0.02 $ (1.91) $ (1.18) $ 0.36 $ 0.36
Note: See quot;Notes to Statistical Supplementquot; on page 15 for information.
6.1

15. UnumProvident Financial Results for U.S. Brokerage Segment
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Premium Income $ 1,317.3 $ 1,359.5 $ 2,626.5 $ 2,723.9 $ 5,421.6 $ 5,382.4 $ 5,056.7
Net Investment Income 250.4 238.1 494.4 467.8 965.8 974.0 895.1
Other Income 25.2 21.7 52.2 43.8 89.8 70.6 46.6
Total Operating Revenue 1,592.9 1,619.3 3,173.1 3,235.5 6,477.2 6,427.0 5,998.4
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 1,099.4 1,134.7 2,199.3 2,271.7 4,614.4 5,437.5 4,031.5
Commissions 138.5 136.1 270.6 278.4 538.3 548.8 535.1
Deferral of Policy Acquisition Costs (91.0) (90.6) (174.5) (186.4) (346.0) (458.8) (481.0)
Amortization of Deferred Policy Acquisition Costs 81.5 72.8 157.5 143.9 286.3 282.0 242.1
Amortization of Value of Business Acquired - 0.1 0.1 0.1 0.2 0.3 0.3
Operating Expenses 253.1 252.6 508.2 521.5 1,048.5 1,048.4 967.4
Total Benefits and Expenses 1,481.5 1,505.7 2,961.2 3,029.2 6,141.7 6,858.2 5,295.4
Operating Income (Loss) Before Income Taxes and
Net Realized Investment Gains and Losses $ 111.4 $ 113.6 $ 211.9 $ 206.3 $ 335.5 $ (431.2) $ 703.0
Operating Ratios
Benefit Ratio 83.5 % 83.5 % 83.7 % 83.4 % 85.1 % 101.0 % 79.7 %
Operating Expense Ratio 19.2 % 18.6 % 19.3 % 19.1 % 19.3 % 19.5 % 19.1 %
Before-tax Profit (Loss) Margin 8.5 % 8.4 % 8.1 % 7.6 % 6.2 % (8.0)% 13.9 %
7

16. UnumProvident Financial Results for U.S. Brokerage Group Income Protection
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Premium Income
Group Long-term Income Protection $ 490.8 $ 507.0 $ 982.4 $ 1,017.3 $ 2,028.6 $ 2,031.7 $ 1,946.2
Group Short-term Income Protection 146.0 155.9 289.8 313.0 616.1 630.9 601.6
Total Premium Income 636.8 662.9 1,272.2 1,330.3 2,644.7 2,662.6 2,547.8
Net Investment Income 152.8 150.4 301.5 292.5 595.8 609.7 568.3
Other Income 18.4 17.7 38.8 34.7 69.6 56.4 33.9
Total Operating Revenue 808.0 831.0 1,612.5 1,657.5 3,310.1 3,328.7 3,150.0
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 595.1 612.8 1,200.6 1,234.1 2,533.1 3,412.1 2,148.5
Commissions 47.9 50.9 96.0 102.7 199.0 200.1 205.6
Deferral of Policy Acquisition Costs (18.9) (19.8) (38.7) (40.1) (77.1) (125.1) (131.1)
Amortization of Deferred Policy Acquisition Costs 23.0 23.6 46.1 46.3 93.5 96.1 89.3
Amortization of Value of Business Acquired - - - - - - -
Operating Expenses 140.8 144.5 284.9 300.6 619.6 615.5 547.8
Total Benefits and Expenses 787.9 812.0 1,588.9 1,643.6 3,368.1 4,198.7 2,860.1
Operating Income (Loss) Before Income Taxes and
Net Realized Investment Gains and Losses $ 20.1 $ 19.0 $ 23.6 $ 13.9 $ (58.0) $ (870.0) $ 289.9
Operating Ratios
Benefit Ratio 93.5 % 92.4 % 94.4 % 92.8 % 95.8 % 128.1 % 84.3 %
Operating Expense Ratio 22.1 % 21.8 % 22.4 % 22.6 % 23.4 % 23.1 % 21.5 %
Before-tax Profit (Loss) Margin 3.2 % 2.9 % 1.9 % 1.0 % (2.2)% (32.7)% 11.4 %
Persistency - Group Long-term Income Protection 83.2 % 84.9 % 84.8 % 87.2 % 86.5 %
Persistency - Group Short-term Income Protection 80.1 % 82.5 % 80.6 % 84.5 % 81.5 %
7.1

17. UnumProvident Financial Results for U.S. Brokerage Group Life and Accidental Death & Dismemberment
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Premium Income
Group Life $ 333.0 $ 366.5 $ 662.2 $ 733.1 $ 1,441.0 $ 1,463.8 $ 1,406.5
Accidental Death & Dismemberment 38.5 45.5 79.0 92.6 182.4 198.6 199.8
Total Premium Income 371.5 412.0 741.2 825.7 1,623.4 1,662.4 1,606.3
Net Investment Income 38.2 33.1 78.0 66.2 147.9 145.0 152.4
Other Income (Loss) 0.3 - 0.3 (0.2) (0.6) 0.5 2.6
Total Operating Revenue 410.0 445.1 819.5 891.7 1,770.7 1,807.9 1,761.3
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 284.4 317.3 559.5 637.1 1,244.3 1,280.0 1,247.9
Commissions 30.8 27.2 56.2 54.6 106.2 113.2 115.9
Deferral of Policy Acquisition Costs (18.3) (12.9) (29.5) (26.5) (47.0) (80.0) (90.9)
Amortization of Deferred Policy Acquisition Costs 18.6 17.0 36.4 33.7 67.0 71.9 61.7
Amortization of Value of Business Acquired - - - - - - -
Operating Expenses 46.6 46.4 93.5 96.1 186.8 200.1 202.6
Total Benefits and Expenses 362.1 395.0 716.1 795.0 1,557.3 1,585.2 1,537.2
Operating Income Before Income Taxes and
Net Realized Investment Gains and Losses $ 47.9 $ 50.1 $ 103.4 $ 96.7 $ 213.4 $ 222.7 $ 224.1
Operating Ratios
Benefit Ratio 76.6% 77.0% 75.5% 77.2% 76.6% 77.0% 77.7%
Operating Expense Ratio 12.5% 11.3% 12.6% 11.6% 11.5% 12.0% 12.6%
Before-tax Profit Margin 12.9% 12.2% 14.0% 11.7% 13.1% 13.4% 14.0%
Persistency - Group Life 75.0% 84.1% 84.0% 83.2% 83.9%
Persistency - Accidental Death & Dismemberment 76.9% 80.8% 80.3% 84.2% 82.5%
7.2

18. UnumProvident Financial Results for U.S. Brokerage Supplemental and Voluntary
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Premium Income
Individual Income Protection - Recently Issued $ 106.6 $ 102.4 $ 214.7 $ 206.4 $ 415.6 $ 392.8 $ 357.8
Long-term Care 117.4 109.2 231.9 217.6 444.5 404.6 335.8
Voluntary Workplace Benefits 85.0 73.0 166.5 143.9 293.4 260.0 209.0
Total Premium Income 309.0 284.6 613.1 567.9 1,153.5 1,057.4 902.6
Net Investment Income 59.4 54.6 114.9 109.1 222.1 219.3 174.4
Other Income 6.5 4.0 13.1 9.3 20.8 13.7 10.1
Total Operating Revenue 374.9 343.2 741.1 686.3 1,396.4 1,290.4 1,087.1
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 219.9 204.6 439.2 400.5 837.0 745.4 635.1
Commissions 59.8 58.0 118.4 121.1 233.1 235.5 213.6
Deferral of Policy Acquisition Costs (53.8) (57.9) (106.3) (119.8) (221.9) (253.7) (259.0)
Amortization of Deferred Policy Acquisition Costs 39.9 32.2 75.0 63.9 125.8 114.0 91.1
Amortization of Value of Business Acquired - 0.1 0.1 0.1 0.2 0.3 0.3
Operating Expenses 65.7 61.7 129.8 124.8 242.1 232.8 217.0
Total Benefits and Expenses 331.5 298.7 656.2 590.6 1,216.3 1,074.3 898.1
Operating Income Before Income Taxes and
Net Realized Investment Gains and Losses $ 43.4 $ 44.5 $ 84.9 $ 95.7 $ 180.1 $ 216.1 $ 189.0
Operating Ratios
Benefit Ratios
Individual Income Protection - Recently Issued 53.8 % 54.9 % 55.8 % 53.1 % 57.7 % 54.6 % 54.2 %
Long-term Care 91.1 % 87.0 % 90.7 % 87.4 % 88.8 % 84.7 % 82.8 %
Voluntary Workplace Benefits 65.3 % 73.2 % 65.4 % 70.0 % 69.0 % 72.5 % 77.9 %
Operating Expense Ratio 21.3 % 21.7 % 21.2 % 22.0 % 21.0 % 22.0 % 24.0 %
Before-tax Profit Margin 14.0 % 15.6 % 13.8 % 16.9 % 15.6 % 20.4 % 20.9 %
Interest Adjusted Loss Ratio
Individual Income Protection - Recently Issued 40.8 % 42.3 % 43.3 % 41.9 % 46.0 % 41.5 % 39.9 %
Persistency - Individual Income Protection - Recently Issued 89.4 % 90.1 % 90.7 % 89.6 % 89.7 %
Persistency - Long-term Care 95.3 % 95.2 % 95.5 % 95.0 % 95.3 %
Persistency - Voluntary Workplace Benefits 80.8 % 80.2 % 81.0 % 82.1 % 82.4 %
7.3

19. UnumProvident Financial Results for Unum Limited Segment
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Premium Income
Group Long-term Income Protection $ 142.5 $ 123.5 $ 281.0 $ 243.0 $ 501.8 $ 371.2 $ 262.8
Group Life 39.1 28.4 79.1 50.6 117.9 60.8 18.0
Other 11.5 9.3 23.0 18.4 39.4 45.0 33.0
Total Premium Income 193.1 161.2 383.1 312.0 659.1 477.0 313.8
Net Investment Income 39.6 34.5 77.3 66.9 139.6 106.5 80.6
Other Income (Loss) (0.1) 0.8 0.4 2.1 3.1 9.9 8.8
Total Operating Revenue 232.6 196.5 460.8 381.0 801.8 593.4 403.2
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 140.4 120.1 269.8 226.8 464.5 344.5 230.8
Commissions 11.9 11.5 26.5 22.5 48.9 34.1 28.9
Deferral of Policy Acquisition Costs (10.0) (10.9) (18.8) (18.6) (37.7) (33.6) (28.6)
Amortization of Deferred Policy Acquisition Costs 5.4 4.2 10.8 9.1 19.2 17.0 12.8
Amortization of Value of Business Acquired 3.6 4.8 7.3 8.4 14.4 5.4 2.3
Operating Expenses 40.0 35.1 76.6 66.3 141.2 114.0 87.5
Total Benefits and Expenses 191.3 164.8 372.2 314.5 650.5 481.4 333.7
Operating Income Before Income Taxes and
Net Realized Investment Gains and Losses $ 41.3 $ 31.7 $ 88.6 $ 66.5 $ 151.3 $ 112.0 $ 69.5
Operating Ratios
Benefit Ratio 72.7 % 74.5 % 70.4 % 72.7 % 70.5 % 72.2 % 73.6 %
Operating Expense Ratio 20.7 % 21.8 % 20.0 % 21.3 % 21.4 % 23.9 % 27.9 %
Before-tax Profit Margin 21.4 % 19.7 % 23.1 % 21.3 % 23.0 % 23.5 % 22.1 %
Persistency - Group Long-term Income Protection 95.0 % 92.0 % 92.2 % 92.9 % 92.2 %
Persistency - Group Life 85.5 % 90.3 % 83.0 % 87.7 % 82.2 %
Persistency - Other 94.6 % 91.6 % 91.7 % 92.4 % 89.9 %
8

20. UnumProvident Financial Results for Colonial Segment
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Premium Income
Income Protection $ 126.3 $ 120.7 $ 252.1 $ 239.7 $ 486.2 $ 464.9 $ 437.8
Life 28.3 26.7 56.3 53.3 106.9 96.7 80.4
Other 41.0 36.6 80.7 72.1 147.9 131.9 118.5
Total Premium Income 195.6 184.0 389.1 365.1 741.0 693.5 636.7
Net Investment Income 23.3 23.7 48.3 46.5 94.5 90.0 79.6
Other Income 1.0 0.7 2.2 1.0 2.3 2.5 3.7
Total Operating Revenue 219.9 208.4 439.6 412.6 837.8 786.0 720.0
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 105.2 101.6 209.3 202.1 408.3 395.4 357.2
Commissions 42.3 44.6 84.9 88.9 173.9 164.9 143.9
Deferral of Policy Acquisition Costs (43.9) (44.5) (89.2) (89.3) (173.7) (166.1) (148.4)
Amortization of Deferred Policy Acquisition Costs 34.0 32.5 68.4 65.1 131.2 118.3 107.7
Amortization of Value of Business Acquired 0.3 0.3 0.6 0.6 1.2 (0.9) 1.5
Operating Expenses 38.4 34.5 78.2 69.2 141.3 127.7 120.6
Total Benefits and Expenses 176.3 169.0 352.2 336.6 682.2 639.3 582.5
Operating Income Before Income Taxes and
Net Realized Investment Gains and Losses $ 43.6 $ 39.4 $ 87.4 $ 76.0 $ 155.6 $ 146.7 $ 137.5
Operating Ratios
Benefit Ratio 53.8% 55.2% 53.8% 55.4% 55.1% 57.0% 56.1%
Operating Expense Ratio 19.6% 18.8% 20.1% 19.0% 19.1% 18.4% 18.9%
Before-tax Profit Margin 22.3% 21.4% 22.5% 20.8% 21.0% 21.2% 21.6%
Persistency - Income Protection 75.1% 73.8% 77.4% 74.1% 76.6%
Persistency - Life 84.3% 84.7% 85.2% 88.2% 86.7%
Persistency - Other 82.5% 82.5% 84.5% 84.4% 82.1%
9

21. UnumProvident Financial Results for Individual Income Protection - Closed Block
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Premium Income $ 232.8 $ 249.2 $ 474.8 $ 500.5 $ 986.6 $ 1,028.5 $ 1,106.3
Net Investment Income 189.7 189.9 369.6 402.9 799.1 824.2 814.5
Other Income 19.8 20.2 44.5 48.0 100.3 95.9 85.7
Total Operating Revenue 442.3 459.3 888.9 951.4 1,886.0 1,948.6 2,006.5
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 356.2 371.4 727.7 869.9 1,618.9 1,533.6 1,544.2
Commissions 17.1 18.4 35.6 38.5 76.3 85.5 109.2
Deferral of Policy Acquisition Costs - - - - - (7.5) (13.4)
Amortization of Deferred Policy Acquisition Costs - - - - - 41.3 36.2
Amortization of Value of Business Acquired - - - - - 32.7 34.9
Intangible Assets Write-down - - - 856.4 856.4 - -
Operating Expenses 41.3 39.5 74.8 80.4 157.2 200.5 212.4
Total Benefits and Expenses 414.6 429.3 838.1 1,845.2 2,708.8 1,886.1 1,923.5
Operating Income (Loss) Before Income Taxes and
Net Realized Investment Gains and Losses $ 27.7 $ 30.0 $ 50.8 $ (893.8) $ (822.8) $ 62.5 $ 83.0
Operating Ratios
Benefit Ratio 153.0 % 149.0 % 153.3 % 173.8 % 164.1 % 149.1 % 139.6 %
Interest Adjusted Loss Ratio 86.4 % 85.6 % 86.4 % 86.1 % 87.5 % 82.7 % 78.1 %
Operating Expense Ratio 17.7 % 15.9 % 15.8 % 16.1 % 15.9 % 19.5 % 19.2 %
Before-tax Profit (Loss) Margin 11.9 % 12.0 % 10.7 % (178.6)% (83.4)% 6.1 % 7.5 %
Persistency 94.6 % 94.4 % 94.5 % 94.2 % 94.3 %
10

22. UnumProvident Financial Results for Other Segment
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Premium Income $ 1.2 $ 2.9 $ 1.5 $ 11.5 $ 31.3 $ 34.3 $ 37.6
Net Investment Income 32.8 32.2 61.9 64.2 127.3 140.1 154.2
Other Income 52.9 52.5 106.5 108.7 208.3 204.4 214.3
Total Operating Revenue 86.9 87.6 169.9 184.4 366.9 378.8 406.1
Benefits and Expenses
Benefits and Change in Reserves for Future Benefits 29.4 29.0 62.4 65.6 142.3 157.1 161.1
Commissions 0.4 1.8 0.3 5.4 4.9 10.8 3.1
Deferral of Policy Acquisition Costs (0.1) (0.1) (0.1) (0.1) 0.1 0.1 -
Amortization of Deferred Policy Acquisition Costs 0.2 0.1 0.2 0.1 - - 0.1
Amortization of Value of Business Acquired - - - - - - -
Operating Expenses 43.1 42.2 83.9 88.0 174.2 168.7 177.5
Total Benefits and Expenses 73.0 73.0 146.7 159.0 321.5 336.7 341.8
Operating Income Before Income Taxes and
Net Realized Investment Gains and Losses $ 13.9 $ 14.6 $ 23.2 $ 25.4 $ 45.4 $ 42.1 $ 64.3
11

23. UnumProvident Financial Results for Corporate Segment
Three Months Ended Six Months Ended Year Ended
6/30/2005 6/30/2004 6/30/2005 6/30/2004 12/31/2004 12/31/2003 12/31/2002
Operating Revenue
Net Investment Income $ 12.4 $ 14.5 $ 24.7 $ 18.7 $ 32.4 $ 23.6 $ 4.9
Other Income 4.2 10.2 9.3 10.5 33.6 8.0 29.1
Total Operating Revenue 16.6 24.7 34.0 29.2 66.0 31.6 34.0
Benefits and Expenses
Interest and Debt Expense 52.9 51.5 105.7 100.7 207.1 187.2 162.4
Unallocated Operating Expenses 1.3 3.9 5.1 5.9 12.6 37.9 26.6
Total Benefits and Expenses 54.2 55.4 110.8 106.6 219.7 225.1 189.0
Operating Loss Before Income Taxes and
Net Realized Investment Gains and Losses $ (37.6) $ (30.7) $ (76.8) $ (77.4) $ (153.7) $ (193.5) $ (155.0)
12

24. UnumProvident Investment Fact Sheet at June 30, 2005
Bonds (Fair Value) 6/30/05 Selected Statistics 6/30/05 3/31/05
Public $ 20,363.0 60.0 % Portfolio Yield* 6.84 % 6.89 %
Mortgage-backed Securities 4,452.4 13.1 Average Duration 9.17 9.19
Private Placements 3,855.7 11.4 Average Credit Quality A A
High Yield 2,220.4 6.5
Government Securities 2,208.6 6.5 * Bond equivalent yield is a book value and duration weighted average
Municipal Securities 49.5 0.2 of the yield on the fixed income securities in the portfolio.
Open Derivatives 773.7 2.3
Total $ 33,923.3 100.0 %
Quality Ratings of Bonds Book Value Fair Value Schedule BA and Non-Current
Aaa 25.3 % 25.6 % Total Non-Current Investments $ 71.7 $ 90.5
Aa 6.8 6.6 Total Schedule BA Assets $ 75.9 $ 74.4
A 23.9 24.5
Baa 36.7 36.8
Below Baa 7.3 6.5
Total 100.0 % 100.0 %
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25. UnumProvident Investment Fact Sheet at June 30, 2005
Fixed Maturity Bonds - By Industry Classification-Unrealized Gain/Loss
Net Unrealized Fair Value of Gross Fair Value of Gross
Fair Value Gain/Loss Bonds with Loss Unrealized Loss Bonds with Gain Unrealized Gain
Classification
Basic Industry $ 2,298.6 $ 242.5 $ 216.4 $ (14.9) $ 2,082.2 $ 257.4
Canadian 392.8 97.0 - - 392.8 97.0
Capital Goods 2,462.2 332.6 227.9 (7.5) 2,234.3 340.1
Communications 2,855.6 333.5 405.1 (24.7) 2,450.5 358.2
Consumer Cyclical 1,304.2 64.7 334.4 (45.2) 969.8 109.9
Consumer Non-Cyclical 3,654.1 408.1 247.9 (6.7) 3,406.2 414.8
Derivative Instruments 773.7 745.6 (79.6) (79.6) 853.3 825.2
Energy (Oil & Gas) 2,581.3 421.1 85.6 (2.2) 2,495.7 423.3
Financial Institutions 3,069.9 185.9 402.6 (40.6) 2,667.3 226.5
Mortgage/Asset Backed 4,452.4 360.3 202.6 (1.3) 4,249.8 361.6
Sovereigns 635.0 34.4 36.6 (0.3) 598.4 34.7
Technology 321.5 33.3 86.2 (4.0) 235.3 37.3
Transportation 1,083.2 159.4 19.0 (5.6) 1,064.2 165.0
U.S. Government Agencies 2,335.0 208.0 586.8 (28.4) 1,748.2 236.4
Utilities 5,703.8 673.7 399.7 (11.2) 5,304.1 684.9
Total $ 33,923.3 $ 4,300.1 $ 3,171.2 $ (272.2) $ 30,752.1 $ 4,572.3
Gross Unrealized Loss on Fixed Maturity Bonds By Length of Time in Unrealized Loss Position
Investment Grade Below Investment Grade
Gross Gross
Unrealized Loss Unrealized Loss
Category Fair Value Fair Value
Less than 91 days $ 91.5 $ (0.4) $ 88.9 $ (2.1)
91 through 180 days 384.2 (30.1) 244.6 (11.2)
181 through 270 days 19.9 (0.2) 67.2 (13.5)
271 days to 1 year - - 7.5 (0.3)
Greater than 1 year 1,935.9 (173.5) 331.5 (40.9)
Total $ 2,431.5 $ (204.2) $ 739.7 $ (68.0)
13.1

26. UnumProvident Statutory Capital and Surplus
As of
As of June 30, 2005 December 31, 2004
Capital and Capital and Capital and
Surplus AVR Surplus + AVR Surplus + AVR
Provident Life & Accident $ 1,390.4 $ 46.5 $ 1,436.9 $ 1,455.0
Unum Life of America 1,262.9 89.3 1,352.2 1,277.6
Paul Revere Life (1) 1,133.0 23.7 1,156.7 1,137.0
Colonial Life & Accident 323.7 6.4 330.1 298.4
Provident Life & Casualty 90.0 0.8 90.8 84.6
First Unum Life 165.2 2.1 167.3 166.6
Paul Revere Variable (1) 123.6 0.5 124.1 121.6
(1) Capital and Surplus of Paul Revere Variable is included in Paul Revere Life
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