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

12 Months Ended

Dec. 31, 2013

Parent Company

Condensed Cash Flow Statement (Parent Company Only)

SCHEDULE II
(Continued)
INDEPENDENCE HOLDING COMPANY
CONDENSED STATEMENTS OF CASH FLOWS (In thousands)
(PARENT COMPANY ONLY)
		2013		2012		2011
CASH FLOWS PROVIDED BY (USED BY)
OPERATING ACTIVITIES:
Net income	$	15,256	$	22,611	$	14,766
Adjustments to net income:
Equity in net income of subsidiaries		(17,155)		(25,102)		(15,776)
Other		4,398		604		(1,470)
Changes in other assets and liabilities		(1,609)		(439)		1,828
Net change in cash from operating activities		890		(2,326)		(652)
CASH FLOWS PROVIDED BY (USED BY)
INVESTING ACTIVITIES:
Change in investments in and advances to subsidiaries		6,708		5,109		2,264
Purchases of fixed maturities		-		(11,781)		(497)
Sales of fixed maturities		3,260		6,109		1,271
Change in other  investments		-		3,152		2,025
Net change in cash  from investing activities		9,968		2,589		5,063
CASH FLOWS PROVIDED BY (USED BY)
FINANCING ACTIVITIES:
Repurchases of common stock		(3,636)		(941)		(911)
Cash paid in acquisitions of noncontrolling interests		(7,626)		(58)		(62)
Dividends paid		(620)		(1,681)		(777)
Proceeds from exercise of stock options		430		-		-
Other financing activities		66		(92)		(164)
Net change in cash from financing activities		(11,386)		(2,772)		(1,914)
Net change in cash and cash equivalents		(528)		(2,509)		2,497
Cash and cash equivalents, beginning of year		589		3,098		601
Cash and cash equivalents, end of year	$	61	$	589	$	3,098