2014 Financial Results

Below is an overview of Delta Dental of Colorado's 2014 financial results, excluding the financial results of the Delta Dental of Colorado Foundation. Complete audited financial statements are available for inspection at our corporate offices upon request.

Balance Sheet

Years Ended December 31 (in thousands)

Assets 2014 2013
Cash and investments $89,106 $82,256
Amounts receivable 18,054 15,514
Property and equipment, net and other assets 5,849 6,079
Total Assets $113,009 $103,849
Liabilities    
Unpaid claims and claim adjustment expenses $14,257 $10,997
Accounts payable and accrued liabilities 14,212 11,430
Payable to DDCO Foundation 3,400 3,628
Total Liabilities $31,869 $26,054
Reserves    
Company reserves, restricted $218 $1,385
Company reserves, unrestricted 80,922 76,410
Total Reserves $81,140 $77,795
Total Liabilities & Reserves $113,009 $103,849

Statement of Operations & Reserves

Years Ended December 31 (in thousands)

Premium revenues $329,322 $299,070
Net investment income 3,405 5,957
Total Revenue 332,727 305,027
Benefits for services to members and operating expenses 323,880 294,143
Grants and community benefit expenditures 5,502 6,583
Net Gain 3,345 4,301
Reserves at beginning of year 77,795 73,494
Reserves at End of Year $81,140 $77,795