Kansas City Life

Insurance Company

Savings and Profit Sharing Plan

 

Financial Statements

and

Supplemental Schedules

2004

 

 

 

 

 

 

 

 

 

Statements of Net Assets Available for Plan Benefits...............

1

 

Statement of Changes in Net Assets Available for Plan Assets

2

 

Notes to Financial Statements..........................................

3

 

Supplemental Schedules

 

Schedule of Assets (Held at end of Year)...............................

9

 

Schedule of Reportable Transactions...................................

10

 

Report of Independent Registered Public Accounting Firm

 

 

 

 

 

Kansas City Life Insurance Company
Savings and Profit Sharing Plan
Statements of Net Assets Available for Plan Benefits
(Amounts in thousands)

 

 

 

 

 

 

 

 

December 31

 

 

 

 

 

 

 

2004

 

2003

 

 

 

 

 

 

 

 

Assets

 

 

 

 

Investments:

 

 

 

 

 

Participant directed:

 

 

 

 

 

 

Mutual funds, at fair value

$ 20,501

 

17,185

 

 

 

Guaranteed interest contract, at contract value

6,665

 

5,545

 

 

 

Kansas City Life Insurance Company common stock, at fair value

3,123

 

3,041

 

 

Non-participant directed:

 

 

 

 

 

 

Kansas City Life Insurance Company common stock, at fair value

32,274

 

29,742

 

 

 

Participant loans, at unpaid balances

1,470

 

1,361

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total investments

64,033

 

56,874

 

 

 

 

 

 

 

 

 

 

 

Cash

 

 

 

288

 

245

 

Distributions Payable

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net assets available for plan benefits

$ 64,321

 

$ 57,119

 

 

 

See accompanying notes to financial statements.

 

 

 

1

 

 

 

Kansas City Life Insurance Company

Savings and Profit Sharing Plan

Statement of Changes in Net Assets Available for Plan Benefits

(Amounts in thousands)

 

 

 

 

 

 

 

 

 

 

 

2004

 

 

 

 

 

 

 

 

 

 

Non-

 

 

 

 

 

 

 

 

 

 

Participant

 

participant

 

 

 

 

 

 

 

 

 

 

directed

 

directed

 

Total

 

 

 

 

 

 

 

 

 

Additions to net assets attributed to:

 

 

 

 

 

 

Investment income:

 

 

 

 

 

 

 

Interest income

$ 283

 

70

 

353

 

 

Dividend income

69

 

696

 

765

 

 

Net appreciation in fair value

 

 

 

 

 

 

 

 

of investments

2,739

 

1,531

 

4,270

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income

3,091

 

2,297

 

5,388

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contributions:

 

 

 

 

 

 

 

 

Participants

 

2,556

 

 

2,556

 

 

Employer

 

 

1,362

 

1,362

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total contributions

2,556

 

1,362

 

3,918

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total additions

5,647