Health Net 2014 Annual Report Download - page 175

F-65
SUPPLEMENTAL SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
HEALTH NET, INC.
CONDENSED BALANCE SHEETS
(Amounts in thousands)
December 31,
2014 December 31, 2013
ASSETS
Current Assets:
Cash and cash equivalents ........................................................................ $ 61,212 $ 131,350
Investments—available for sale................................................................ — 78,242
Other assets............................................................................................... 36,740 30,965
Deferred taxes........................................................................................... 11,538 16,158
Assets held for sale................................................................................... 50,000 —
Due from subsidiaries............................................................................... 128,967 177,957
Total current assets.......................................................................... 288,457 434,672
Property and equipment, net............................................................................... 53,016 162,679
Goodwill............................................................................................................. 312,732 319,732
Other intangible assets, net................................................................................. 573 1,198
Investment in subsidiaries.................................................................................. 3,060,191 2,608,631
Deferred taxes .................................................................................................... 36,453 6,523
Other assets ........................................................................................................ 70,760 71,661
Total Assets..................................................................................... $ 3,822,182 $ 3,605,096
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Due to subsidiaries.................................................................................... $ 284,654 $ 237,555
Deferred taxes........................................................................................... 34,684 —
Other liabilities ......................................................................................... 130,580 100,755
Total current liabilities.................................................................... 449,918 338,310
Intercompany notes payable—long term ........................................................... 1,047,947 977,233
Long term debt ................................................................................................... 499,504 499,300
Other liabilities................................................................................................... 115,591 161,442
Total Liabilities............................................................................... 2,112,960 1,976,285
Commitments and contingencies
Stockholders’ Equity:
Common stock.......................................................................................... 153 150
Additional paid-in capital ......................................................................... 1,444,705 1,377,624
Treasury common stock, at cost ............................................................... (2,341,652)(2,179,744)
Retained earnings...................................................................................... 2,609,277 2,463,648
Accumulated other comprehensive income.............................................. (3,261)(32,867)
Total Stockholders’ Equity.............................................................. 1,709,222 1,628,811
Total Liabilities and Stockholders’ Equity...................................... $ 3,822,182 $ 3,605,096
See accompanying notes to condensed financial statements.