HGI FUNDING, LLC STATEMENTS OF MEMBER’S EQUITY (In thousands)
| | | | | | | | | | | | | | | | Contributed capital | | Retained earnings | | Total member’s equity | Balances at September 30, 2013 | | $ | 229,101 |
| | $ | 21,795 |
| | $ | 250,896 |
| Return of capital to HRG Group, Inc. | | (4,181 | ) | | — |
| | (4,181 | ) | Deemed distribution to HRG Group, Inc. | | (13,537 | ) | | — |
| | (13,537 | ) | Deemed contributed capital from HRG Group, Inc. for unreimbursed management services | | 295 |
| | — |
| | 295 |
| Contributed capital from HRG Group, Inc. | | 85,551 |
| | — |
| | 85,551 |
| Comprehensive income | | — |
| | 76,764 |
| | 76,764 |
| Balances at September 30, 2014 | | 297,229 |
| | 98,559 |
| | 395,788 |
| Return of capital to HRG Group, Inc. | | (82,762 | ) | | — |
| | (82,762 | ) | Deemed distribution to HRG Group, Inc. | | (10,307 | ) | | — |
| | (10,307 | ) | Deemed contributed capital from HRG Group, Inc. for unreimbursed management services | | 423 |
| | — |
| | 423 |
| Contributed capital from HRG Group, Inc. | | 309,551 |
| | — |
| | 309,551 |
| Comprehensive income | | — |
| | 14,159 |
| | 14,159 |
| Balances at September 30, 2015 | | 514,134 |
| | 112,718 |
| | 626,852 |
| Return of capital to HRG Group, Inc. | | (189,731 | ) | | — |
| | (189,731 | ) | Deemed distribution to HRG Group, Inc. | | — |
| | — |
| | — |
| Deemed contributed capital from HRG Group, Inc. for unreimbursed management services | | 42 |
| | — |
| | 42 |
| Contributed capital from HRG Group, Inc. | | 44,622 |
| | — |
| | 44,622 |
| Comprehensive income | | — |
| | 308,970 |
| | 308,970 |
| Balances at September 30, 2016 | | $ | 369,067 |
| | $ | 421,688 |
| | $ | 790,755 |
|
See accompanying notes to financial statements.
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