Health Net 2004 Annual Report Download - page 130

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HEALTH NET, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
We evaluate performance and allocate resources based on profit or loss from operations before income taxes. The accounting
policies of the reportable segments are the same as those described in the summary of significant accounting policies, except that
intersegment transactions are not eliminated.
Presented below are segment data for the three years ended December 31 (amounts in thousands).
2004
2003
F-44
Health Plan
Services
Government
Contracts
Corporate
And
Other (1)
Total
Revenues from external sources
$9,560,244
$2,021,871
$—
$11,582,115
Intersegment revenues
37,509
—
(37,509)
Net investment income
60,108
102
(2,063)
58,147
Other income
3,025
—
3,106
6,131
Interest expense
1,215
—
31,918
33,133
Depreciation and amortization
21,127
601
22,560
44,288
Severance, asset impairments and restructuring costs
19,243
1,927
11,723 32,893
Gain on sale of businesses
—
—
(1,170)
(1,170)
Segment profi
t
173,357
87,610
7,003
267,970
Segment assets
3,016,740
605,389
31,065
3,653,194
Health Plan
Services
Government
Contracts
Corporate
And
Other (1)
Total
Revenues from external sources
$9,093,219
$1,865,773
$
—
$10,958,992
Intersegment revenues
42,087
—
(42,087)
—
Net investment income
66,338
116
(7,122)
59,332
Other income
922
32
45,424
46,378
Interest expense
3,097
—
36,038
39,135
Depreciation and amortization
35,768
444
22,465
58,677
Asset impairments and restructuring charges
2,609
—
13,800
16,409
Gain on sale of businesses
—
(18,901) (18,901)
Segment profit (loss)
475,503
75,285
(36,309)
514,479
Segment assets
3,080,421
480,968
(12,113)
3,549,276