Condensed Financial Information of Parent Company Only: Condensed Income Statement (Parent Company Only) (Tables) (Parent Company)

12 Months Ended

Dec. 31, 2013

Parent Company

Condensed Income Statement (Parent Company Only)

SCHEDULE II
(Continued)
INDEPENDENCE HOLDING COMPANY
CONDENSED STATEMENTS OF INCOME (In thousands)
(PARENT COMPANY ONLY)
		2013		2012		2011
REVENUES:
Net investment income	$	61	$	491	$	929
Net realized investment gains		349		2		23
Other income		2,327		2,251		3,138
		2,737		2,744		4,090
EXPENSES:
Interest expense on debt		1,563		1,638		1,575
General and administrative expenses		4,301		5,125		4,088
		5,864		6,763		5,663
Loss before tax benefit and equity in net income of subsidiaries		(3,127)		(4,019)		(1,573)
Income tax benefit		(1,228)		(1,528)		(563)
Equity in net income of subsidiaries		17,155		25,102		15,776
Net income		15,256		22,611		14,766
Less income from noncontrolling interests in
subsidiaries		(1,477)		(2,950)		(1,763)
Net income attributable to IHC	$	13,779	$	19,661	$	13,003