Sales from international operations also boosted income, contributing 22 percent of total company revenues.

It has also boosted income and jobs in the most disadvantaged region of Western Europe's poorest country.

On Wednesday, the SEC said Prudential Financial Inc PRU.N settled allegations it entered into reinsurance contracts with General Re that improperly boosted income.

For 2007 as a whole, net income fell 20 percent to 2.55 billion euros, mainly reflecting accounting changes that boosted income the previous year.