Health Net 2002 Annual Report Download - page 26

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24 | HEALTH NET, INC.
Key Financial Metrics
Earnings per Share1
($)
1Adjusted earnings per share and ROE exclude
asset impairments, restructuring charges and
other one-time items.
2The administrative ratio is the sum of general
and administrative expenses plus depreciation
expense divided by the sum of health plan
services revenue plus other income.
2000
$1.53
$1.54
2001
$1.78
$0.89
2002
$2.21
$1.82
Return on Equity1
2000
19.6%
19.6%
2001
20.2%
10.1%
2002
21.8%
18.0%
Debt-to-Total Capital Ratio
2000
41.9%
2001
33.8%
2002
23.4%
Administrative Ratio2
2000
13.1%
2001
10.8%
2002
10.6%
Adjusted EPS
GAAP Diluted EPS
Adjusted ROE
GAAP ROE