The Prudential Series Fund

Pruco Life Insurance Company
Consolidated Statements of Stockholder’s Equity
Years Ended December 31, 2008, 2007 and 2006 (in thousands)
Common
Stock
Additional
Paid-in-
Capital
Retained
Earnings
Foreign
Currency
Translation
Adjustments
Net
Unrealized
Investment
Gains(Loss)
Total
Accumulated
Other
Comprehensive
Income (Loss)
Total
Stockholder’s
Equity
Balance, January 1, 2006 $ 2,500 $ 454,670 $ 1,590,441 $ - $ 18,600 $ 18,600 $ 2,066,211
Net income - - 262,792 - - - 262,792
Stock-based compensation
programs - (1) - - - - (1)
Contributed Capital - (142) - - - - (142)
Change in foreign currency
translation adjustments, net
of taxes - - - 167 - 167 167
Change in net unrealized
investment gains, net of
taxes - - - - 6,495 6,495 6,495
Balance, December 31,
2006
$ 2,500 $ 454,527 $ 1,853,233 $ 167 $ 25,095 $ 25,262 $ 2,335,522
Net income 247,334 247,334
Contributed Capital - 1,137 - - - - 1,137
Dividend to Parent - - (300,000) - - - (300,000)
Cumulative effect of
changes in accounting
principles, net of taxes - - (3,180) - - - (3,180)
Change in foreign currency
translation adjustments, net
of taxes - - - 462 - 462 462
Change in net unrealized
investment (losses), net of
taxes - - - - (7,859) (7,859) (7,859)
Balance, December 31,
2007 $ 2,500 $ 455,664 $ 1,797,387 $ 629 $ 17,236 $ 17,865 $ 2,273,416
Net income 249,325 249,325
Contributed Capital - 360,000 - - - - 360,000
Change in foreign currency
translation adjustments, net
of taxes - - - (477) - (477) (477)
Change in net unrealized
investment (losses), net of
taxes - - - - (154,523) (154,523) (154,523)
Balance, December 31,
2008 $ 2,500 $ 815,664 $2,046,712 $ 152 ($ 137,287) ($ 137,135) $ 2,727,741
See Notes to Consolidated Financial Statements
B-3