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Unaudited Interim Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Fixed maturities, available-for-sale, at fair value (amortized cost, 2015: $2,391,318; 2014: $2,609,253) $ 2,533,299 $ 2,800,593
Trading account assets, at fair value 5,943 6,131
Equity securities, available-for-sale, at fair value (cost, 2015: $14; 2014: $14) 17 17
Commercial mortgage and other loans 406,918 422,563
Policy loans 13,124 13,355
Short-term investments 66,454 57,185
Other long-term investments 148,542 162,783
Total investments 3,174,297 3,462,627
Cash and cash equivalents 3,673 594
Deferred policy acquisition costs 975,756 1,114,431
Accrued investment income 23,079 25,008
Reinsurance recoverables 2,214,437 2,996,845
Value of business acquired 38,185 39,738
Deferred sales inducements 585,339 665,207
Receivables from parent and affiliates 61,108 60,490
Other assets 6,045 6,193
Separate account assets 42,651,548 44,101,699
TOTAL ASSETS 49,733,467 52,472,832
LIABILITIES    
Policyholders’ account balances 2,354,128 2,633,085
Future policy benefits and other policyholder liabilities 2,721,810 3,539,521
Payables to parent and affiliates 56,135 71,675
Cash collateral for loaned securities 4,724 5,285
Income taxes 355,310 299,084
Short-term debt 0 54,354
Other liabilities 105,404 105,972
Separate account liabilities 42,651,548 44,101,699
Total Liabilities $ 48,249,059 $ 50,810,675
Commitments and Contingent Liabilities    
EQUITY    
Common stock, ($100 par value; 25,000 shares authorized, issued and outstanding) $ 2,500 $ 2,500
Additional paid-in capital 901,422 901,422
Retained earnings 514,225 673,613
Accumulated other comprehensive income 66,261 84,622
Total Equity 1,484,408 1,662,157
TOTAL LIABILITIES AND EQUITY $ 49,733,467 $ 52,472,832