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F-64
SUPPLEMENTAL SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
HEALTH NET, INC.
CONDENSED STATEMENTS OF CASH FLOWS
(Amounts in thousands)
Year Ended December 31,
2013 2012 2011
NET CASH FLOWS PROVIDED BY OPERATING
ACTIVITIES............................................................................ $ 111,385 $ 165,141 $ 252,100
CASH FLOWS FROM INVESTING ACTIVITIES:
Sales on investments....................................................................... 6,060 — —
Maturities of investments ............................................................... 877 — —
Purchases of investments................................................................ (6,841) — —
Purchases of property and equipment............................................. (53,632)(68,116)(48,046)
Notes receivable due from subsidiaries.......................................... — 7,000 (24,000)
Capital contributions returned to Parent......................................... 2,300 1,500 1,796
Capital contributions to subsidiaries............................................... (7,500)(17,560)(400)
Sales (purchases) of restricted investments and other.................... 161 876 (13,361)
Net cash used in investing activities............................................... (58,575)(76,300)(84,011)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase (decrease) in checks outstanding, net of deposits...... 5(44)(37)
Excess tax benefit on share-based compensation........................... 287 3,222 544
Net borrowings from subsidiaries................................................... 39,487 (9,103)(14,246)
Proceeds from exercise of stock options and employee stock
purchases.................................................................................... 10,762 16,941 13,356
Proceeds from issuance of notes and other financing
arrangements.............................................................................. 345,000 110,000 978,500
Repayment of debt under financing arrangements......................... (345,000)(122,500)(872,212)
Repurchase of common stock......................................................... (77,810)(69,496)(389,850)
Net cash used in financing activities .............................................. (27,269)(70,980)(283,945)
Net increase (decrease) in cash and cash equivalents..................... 25,541 17,861 (115,856)
Cash and cash equivalents, beginning of period............................. 105,809 87,948 203,804
Cash and cash equivalents, end of period....................................... $ 131,350 $ 105,809 $ 87,948
SUPPLEMENTAL CASH FLOWS DISCLOSURE:
Interest paid .................................................................................... $ 30,789 $ 31,134 $ 31,332
Income taxes paid ........................................................................... 80,119 5,001 55,882
See accompanying notes to condensed financial statements.