Health Net 2013 Annual Report Download - page 167

F-63
SUPPLEMENTAL SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
HEALTH NET, INC.
CONDENSED BALANCE SHEETS
(Amounts in thousands)
December 31,
2013 December 31, 2012
ASSETS
Current Assets:
Cash and cash equivalents ........................................................................ $ 131,350 $ 105,809
Investments—available for sale................................................................ 78,242 —
Other assets............................................................................................... 30,965 36,351
Deferred taxes........................................................................................... 16,158 —
Due from subsidiaries............................................................................... 177,957 169,853
Total current assets.......................................................................... 434,672 312,013
Property and equipment, net............................................................................... 162,679 145,821
Goodwill............................................................................................................. 319,732 319,732
Other intangible assets, net................................................................................. 1,198 1,823
Investment in subsidiaries.................................................................................. 2,608,631 2,648,148
Deferred taxes .................................................................................................... 6,523 17,823
Other assets ........................................................................................................ 71,661 66,857
Total Assets..................................................................................... $ 3,605,096 $ 3,512,217
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Due to subsidiaries.................................................................................... $ 237,555 $ 223,612
Deferred taxes........................................................................................... — 18,807
Other liabilities ......................................................................................... 100,755 96,162
Total current liabilities.................................................................... 338,310 338,581
Intercompany notes payable—long term ........................................................... 977,233 987,746
Long term debt ................................................................................................... 499,300 499,095
Other liabilities................................................................................................... 161,442 129,765
Total Liabilities............................................................................... 1,976,285 1,955,187
Commitments and contingencies
Stockholders’ Equity:
Common stock.......................................................................................... 150 149
Additional paid-in capital ......................................................................... 1,377,624 1,329,000
Treasury common stock, at cost ............................................................... (2,179,744)(2,092,625)
Retained earnings...................................................................................... 2,463,648 2,293,522
Accumulated other comprehensive income.............................................. (32,867) 26,984
Total Stockholders’ Equity.............................................................. 1,628,811 1,557,030
Total Liabilities and Stockholders’ Equity...................................... $ 3,605,096 $ 3,512,217
See accompanying notes to condensed financial statements.