Financial Statement
KAISER FOUNDATION HEALTH PLAN, INC. AND SUBSIDIARIES AND KAISER FOUNDATION HOSPITALS AND SUBSIDIARIES
Combined Financial Statements and
Credit Group Financial Information
December 31, 2012 and 2011
(With Independent Auditors’ Reports Thereon)
KAISER FOUNDATION HEALTH PLAN, INC. AND SUBSIDIARIES AND KAISER FOUNDATION HOSPITALS AND SUBSIDIARIES
Table of Contents
Page
Independent Auditors’ Report 1
Financial Statements:
Kaiser Foundation Health Plan, Inc. and Subsidiaries and Kaiser Foundation Hospitals and
Subsidiaries:
Combined Balance Sheets 2 Combined Statements of Operations and Changes in Net Worth 3 Combined Statements of Cash Flows 4 Notes to Combined Financial Statements 5 - 50
Independent Auditors’ Report on Credit Group Financial Information 51
Credit Group Financial Information:
Kaiser Foundation Health Plan, Inc., Kaiser Health Plan Asset Management, Inc., Kaiser
Foundation Hospitals and Kaiser Hospitals Asset Management, Inc. (Credit Group): Combined Balance Sheets 52 Combined Statements of Operations and Changes in Net Worth 53 Combined Statements of Cash Flows 54
KPMG LLP
Suite 1400
55 Second Street
San Francisco, CA 94105
Independent Auditors’ Report
The Boards of Directors
Kaiser Foundation Health Plan, Inc. and Kaiser Foundation Hospitals:
We have audited the accompanying combined financial statements of Kaiser Foundation Health Plan, Inc. and Subsidiaries (Health Plans) and Kaiser Foundation Hospitals and Subsidiaries (Hospitals), both of which are under common management and governance and comprise the combined balance sheets as of December 31, 2012 and 2011, and the related combined statements of operations and changes in net worth and cash flows for the years then ended, and the related notes to the combined financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these combined
Combined Financial Statements and
Credit Group Financial Information
December 31, 2012 and 2011
(With Independent Auditors’ Reports Thereon)
KAISER FOUNDATION HEALTH PLAN, INC. AND SUBSIDIARIES AND KAISER FOUNDATION HOSPITALS AND SUBSIDIARIES
Table of Contents
Page
Independent Auditors’ Report 1
Financial Statements:
Kaiser Foundation Health Plan, Inc. and Subsidiaries and Kaiser Foundation Hospitals and
Subsidiaries:
Combined Balance Sheets 2 Combined Statements of Operations and Changes in Net Worth 3 Combined Statements of Cash Flows 4 Notes to Combined Financial Statements 5 - 50
Independent Auditors’ Report on Credit Group Financial Information 51
Credit Group Financial Information:
Kaiser Foundation Health Plan, Inc., Kaiser Health Plan Asset Management, Inc., Kaiser
Foundation Hospitals and Kaiser Hospitals Asset Management, Inc. (Credit Group): Combined Balance Sheets 52 Combined Statements of Operations and Changes in Net Worth 53 Combined Statements of Cash Flows 54
KPMG LLP
Suite 1400
55 Second Street
San Francisco, CA 94105
Independent Auditors’ Report
The Boards of Directors
Kaiser Foundation Health Plan, Inc. and Kaiser Foundation Hospitals:
We have audited the accompanying combined financial statements of Kaiser Foundation Health Plan, Inc. and Subsidiaries (Health Plans) and Kaiser Foundation Hospitals and Subsidiaries (Hospitals), both of which are under common management and governance and comprise the combined balance sheets as of December 31, 2012 and 2011, and the related combined statements of operations and changes in net worth and cash flows for the years then ended, and the related notes to the combined financial statements.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these combined