Health Net 2011 Annual Report Download - page 163

SUPPLEMENTAL SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
HEALTH NET, INC.
CONDENSED BALANCE SHEETS
(Amounts in thousands)
December 31, 2011 December 31, 2010
ASSETS
Current Assets:
Cash and cash equivalents .................................... $ 87,948 $ 203,804
Other assets ............................................... 23,407 39,727
Deferred taxes ............................................. — 21,824
Due from subsidiaries ....................................... 101,701 82,824
Total current assets ..................................... 213,056 348,179
Property and equipment, net ...................................... 108,150 97,061
Goodwill ..................................................... 346,100 346,100
Other intangible assets, net ....................................... 2,448 3,073
Investment in subsidiaries ........................................ 2,594,762 2,687,308
Other assets ................................................... 65,180 60,144
Total Assets ........................................... $3,329,696 $ 3,541,865
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Due to subsidiaries ......................................... $ 152,276 $ 219,583
Deferred taxes ............................................. 12,249 —
Other liabilities ............................................ 75,556 127,407
Total current liabilities .................................. 240,081 346,990
Intercompany notes payable—long term ............................. 996,849 1,011,095
Long term debt ................................................ 511,390 398,685
Other liabilities ................................................ 138,230 90,679
Total Liabilities ........................................ 1,886,550 1,847,449
Commitments and contingencies ...................................
Stockholders’ Equity:
Common stock ............................................. 147 145
Additional paid-in capital .................................... 1,278,037 1,221,301
Treasury common stock, at cost ............................... (2,023,129) (1,626,856)
Retained earnings .......................................... 2,171,459 2,099,339
Accumulated other comprehensive income ....................... 16,632 487
Total Stockholders’ Equity ............................... 1,443,146 1,694,416
Total Liabilities and Stockholders’ Equity ................... $3,329,696 $ 3,541,865
See accompanying notes to condensed financial statements.
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