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

12 Months Ended

Dec. 31, 2014

Parent Company

Condensed Income Statement (Parent Company Only)

SCHEDULE II
(Continued)
INDEPENDENCE HOLDING COMPANY
CONDENSED STATEMENTS OF INCOME (In thousands)
(PARENT COMPANY ONLY)
		2014		2013		2012
REVENUES:
Net investment income	$	112	$	61	$	491
Net realized investment gains (losses)		(78)		349		2
Other income		2,129		2,327		2,251
		2,163		2,737		2,744
EXPENSES:
Interest expense on debt		1,546		1,563		1,638
General and administrative expenses		5,606		4,301		5,125
		7,152		5,864		6,763
Loss before tax benefit and equity in net income of subsidiaries		(4,989)		(3,127)		(4,019)
Income taxes (benefits)		(2,389)		(1,228)		(1,528)
Equity in net income of subsidiaries		19,521		17,155		25,102
Net income		16,921		15,256		22,611
Less income from noncontrolling interests in
subsidiaries		(628)		(1,477)		(2,950)
Net income attributable to IHC	$	16,293	$	13,779	$	19,661