Health Net 2004 Annual Report Download - page 140

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SUPPLEMENTAL SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
HEALTH NET, INC.
NOTE TO CONDENSED FINANCIAL STATEMENTS
Note 1—Basis of Presentation
Health Net, Inc.’s (“HNT”) investment in subsidiaries is stated at cost plus equity in undistributed earnings (losses) of
subsidiaries. HNTs share of net income (loss) of its unconsolidated subsidiaries is included in consolidated income using the equity
method. This condensed financial information of registrant (parent company only) should be read in conjunction with the
consolidated financial statements of Health Net, Inc. and subsidiaries.
F-53