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Schedule II - Condensed Financial Information of Parent Company: Schedule of Condensed Income Statement - Parent Only (Tables) (Parent Company)
12 Months Ended
Dec. 31, 2014
Parent Company
 
Schedule of Condensed Income Statement - Parent Only

 

SCHEDULE II

(Continued)

 

AMERICAN INDEPENDENCE CORP.

CONDENSED STATEMENTS OF INCOME (In thousands)

(PARENT COMPANY ONLY)

 

 

 

SUCCESSOR

 

 

PREDECESSOR

 

 

YEAR ENDED

 

 

YEAR ENDED

 

 

DECEMBER 31,

 

 

DECEMBER 31,

 

 

2014

 

2013

 

 

2012

 

 

 

 

 

 

 

 

REVENUES:

 

 

 

 

 

 

 

Net investment income

$

65 

$

47 

 

$

50 

Net realized investment gains (losses)

 

 

(31)

 

 

15 

 

 

65 

 

16 

 

 

65 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXPENSES:

 

 

 

 

 

 

 

General and administrative expenses and other

 

1,656 

 

1,903 

 

 

1,752 

 

 

1,656 

 

1,903 

 

 

1,752 

 

 

 

 

 

 

 

 

Loss before income tax expense

 

(1,591)

 

(1,887)

 

 

(1,687)

Income tax benefit

 

(3,055)

 

(659)

 

 

(6,488)

 

 

 

 

 

 

 

 

Income (loss) before equity in net income of subsidiaries

 

1,464 

 

(1,228)

 

 

4,801 

Equity in net income of subsidiaries, net of tax

 

3,883 

 

5,093 

 

 

5,741 

 

 

 

 

 

 

 

 

Net income

 

5,347 

 

3,865 

 

 

10,542 

Income from non-controlling interests in subsidiaries

 

(97)

 

(983)

 

 

(950)

 

 

 

 

 

 

 

 

Net income attributable to American Independence Corp.

$

5,250 

$

2,882 

 

$

9,592