Corvesta Inc

“Corvesta and delta are exempt from federal income tax under the provisions of public law 99-514, tax reform act of 1986, act section 1012(c)(4)(c)(iv) and have received favorable determination letter from the irs under code section 501(c)(4). The foundation is exempt from federal income taxes under code section 501(c)(3). Income taxes are provided for the tax effects of onemind health's, revolv's, cssi's and corvesta life's transactions reported in the financial statements and consist of taxes currently due or refundable, plus deferred taxes related primarily to net operating losses and the differences between the tax and financial reporting bases of property and equipment and start up costs. The deferred taxes represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Because of the nature of corvesta's business, and that of its subsidiaries, and as a matter of policy, management believes there have been no material agressive positions taken in the entity's tax and informational return filings for any reporting periods open to normal jurisdictional examination (currently 2010, 2011, and 2012). Accordingly, no liability for unrecognized tax benefits (or associated penalties and interest) is provided. As part of the current year acquisition of corvesta life in 2011, any liabilities that arise as part of any examinations for years prior to the acquition are not the liability of corvesta, but are the responsibility of the former owners.”

“Delta dental of virginia revenue 596,264,854. Onemind health revenue 931,862. Eliminating entry for intercompany service fees charged between omh and ddva -175,848. Corvesta life revenue 83,994. Eliminating entry-revolv other claims processing fees provided dd -15,900,731. Revolv revenue 16,325,620. Reclassify cssi revenue as internal recovery/capitalization of payroll costs -723,903. Cssi revenue 723,903. Bank charges -14,401. Intercompany income included in investment income -574,693. Management fee for related party 31,200.”

“Delta dental of virginia expenses 585,372,785. Onemind health expenses 6,933,118. Corvesta life expenses 656,862. Cssi expenses 568,268. Revolv expenses 17,977,900. Elimination of related fees and depreciation -17,501,509. Allocated exenses to subs -16,097,593. Elimination of cssi income taxes -75,161. Management fee for related party 31,200.”

“BANK CHARGES 14,401.”