Humana 2001 Annual Report Download - page 20

( I n t ho u s and s, e x ce pt s h a r e a m o u nt s )
De ce m b er 3 1, 2 0 0 1 2 0 0 0
Assets
Current assets:
Cash and cash equivalents $ 651,420 $ 657,562
Investment securities 1,389,596 1,408,522
Premiums receivable, less allowance for doubtful
accounts of $38,539 in 2001 and $42,005 in 2000 322,064 205,260
Deferred income taxes 64,221 67,205
Other 195,637 195,517
Total current assets 2,622,938 2,534,066
Property and equipment, net 461,761 434,620
Other assets:
Long-term investment securities 280,320 240,064
Goodwill 776,874 789,541
Deferred income taxes 36,582 102,767
Other 225,163 205,920
Total other assets 1,318,939 1,338,292
Total assets $ 4,403,638 $ 4,306,978
Liabilities and Stockholders’ Equity
Current liabilities:
Medical and other expenses payable $ 1,086,386 $ 1,181,027
Trade accounts payable and accrued expenses 479,996 428,556
Book overdraft 152,757 148,563
Unearned premium revenues 325,040 333,305
Short-term debt 263,000 599,952
Total current liabilities 2,307,179 2,691,403
Long-term debt 315,489 —
Professional liability risks 241,431 219,768
Other long-term liabilities 31,590 35,386
Total liabilities 2,895,689 2,946,557
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $1 par; 10,000,000 shares authorized; none issued — —
Common stock, $0.16 2/3 par; 300,000,000 shares authorized;
170,692,520 shares issued in 2001, and 170,889,142 shares issued in 2000 28,449 28,482
Capital in excess of par value 922,439 922,621
Retained earnings 578,122 460,951
Accumulated other comprehensive income (loss) 11,670 (8,509)
Unearned restricted stock compensation (17,882) (29,177)
Treasury stock, at cost, 1,880,619 shares in 2001, and 1,823,348 shares in 2000 (14,849) (13,947)
Total stockholders’ equity 1,507,949 1,360,421
Total liabilities and stockholders’ equity $ 4,403,638 $ 4,306,978
Condensed Consolidated Balance Sheets
H U M A N A I N C .
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