Anthem Blue Cross 2001 Annual Report Download - page 43

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41
Anthem, Inc.
Consolidated Balance Sheets
December 31 (In Millions, Except Share Data) 2001 2000
Assets
Current assets:
Investments available-for-sale, at fair value:
Fixed maturity securities $3,882.7 $3,048.2
Equity securities 189.1 463.1
4,071.8 3,511.3
Cash and cash equivalents 406.4 203.3
Premium and self funded receivables 544.7 510.5
Reinsurance receivables 76.7 105.1
Other receivables 169.1 241.0
Income tax receivables 0.4 11.0
Other current assets 30.8 42.1
Total current assets 5,299.9 4,624.3
Other noncurrent investments 10.8 18.0
Restricted cash and investments 39.6 89.6
Property and equipment 402.3 428.8
Goodwill and other intangible assets 467.4 498.9
Other noncurrent assets 56.6 48.9
Total assets $6,276.6 $5,708.5
Liabilities and shareholders’ equity
Liabilities
Current liabilities:
Policy liabilities:
Unpaid life, accident and health claims $1,411.3 $1,411.1
Future policy benefits 247.9 240.4
Other policyholder liabilities 57.3 72.0
Total policy liabilities 1,716.5 1,723.5
Unearned income 320.6 260.2
Accounts payable and accrued expenses 331.0 303.7
Bank overdrafts 310.7 250.5
Income taxes payable 52.4 22.6
Other current liabilities 231.4 237.5
Total current liabilities 2,962.6 2,798.0
Long term debt, less current portion 818.0 597.5
Retirement benefits 96.1 175.1
Other noncurrent liabilities 339.9 218.1
Total liabilities 4,216.6 3,788.7
Shareholders’ equity
Preferred stock, without par value, shares authorized–100,000,000;
shares issued and outstanding–none ––
Common stock, par value $0.01, shares authorized–900,000,000;
shares issued and outstanding: 2001, 103,295,675; 2000, none 1.1 –
Additional paid in capital 1,960.8 –
Retained earnings 55.7 1,848.6
Accumulated other comprehensive income 42.4 71.2
Total shareholders’ equity 2,060.0 1,919.8
Total liabilities and shareholders’ equity $6,276.6 $5,708.5
See accompanying notes.