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

12 Months Ended

Dec. 31, 2014

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)
		2014		2013		2012
CASH FLOWS PROVIDED BY (USED BY)
OPERATING ACTIVITIES:
Net income	$	16,921	$	15,256	$	22,611
Adjustments to net income:
Equity in net income of subsidiaries		(19,521)		(17,155)		(25,102)
Other		3,748		4,398		604
Changes in other assets and liabilities		440		(1,609)		(439)
Net change in cash from operating activities		1,588		890		(2,326)
CASH FLOWS PROVIDED BY (USED BY)
INVESTING ACTIVITIES:
Change in investments in and advances to subsidiaries		11,138		6,708		5,109
Purchases of fixed maturities		(9,953)		-		(11,781)
Sales of fixed maturities		2,751		3,260		6,109
Change in other  investments		-		-		3,152
Net change in cash  from investing activities		3,936		9,968		2,589
CASH FLOWS PROVIDED BY (USED BY)
FINANCING ACTIVITIES:
Repurchases of common stock		(3,972)		(3,636)		(941)
Cash paid in acquisitions of noncontrolling interests		-		(7,626)		(58)
Dividends paid		(1,233)		(620)		(1,681)
Proceeds from exercise of stock options		-		430		-
Other financing activities		9		66		(92)
Net change in cash from financing activities		(5,196)		(11,386)		(2,772)
Net change in cash and cash equivalents		328		(528)		(2,509)
Cash and cash equivalents, beginning of year		61		589		3,098
Cash and cash equivalents, end of year	$	389	$	61	$	589