| Cash Flow for Federal National Mortgage Asso (FNM) | | | | Pre-Market: $ 1.30 |  0.29(+28.71%) | Volume: 32.4 k | 6:43 AM EDT Oct 13, 2008 | | | | | | | Cash Flow | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (2,050) | 4,059 | 6,347 | 4,967 | 7,905 | | Provision for Loan Loss | 4,564 | 589 | 441 | 352 | 100 | | Depreciation & Amortization | 9,384 | 8,263 | 7,123 | 6,157 | 4,795 | | Deferred Income Taxes | - | - | - | - | (766) | | Change in Assets (Receivables) | 29,241 | 19,315 | 59,969 | 28,724 | - | | Change in Liabilities (Payables) | (630) | (857) | 507 | 2,926 | - | | Investment Securities Gain | - | - | 849 | 702 | - | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | 1,005 | - | - | - | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | (3,465) | (609) | 79 | (1,435) | - | | Other Non-Cash Items | 4,900 | 909 | 2,826 | (837) | 7,485 | | Net Cash from Operating Activities | 42,949 | 31,669 | 78,141 | 41,556 | 19,519 | | | | Proceeds from Sale/Mat. Inv. | 199,517 | 248,506 | 287,776 | 215,317 | 3,090,040 | | Purchase of Investment Securities | (126,200) | (220,961) | (119,655) | (236,015) | (3,097,360) | | Net Increase Fed. Funds Sold | (38,926) | (3,781) | (5,040) | 8,756 | - | | Purchase of Property & Equipment | 1,129 | 2,642 | 3,725 | - | - | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (101,134) | (40,179) | (27,402) | (4,850) | (108,481) | | Net Cash from Investing Activities | (65,614) | (13,773) | 139,404 | (16,792) | (115,801) | | | Net Change in Deposits | - | - | - | - | - | | Cash Dividends paid | (2,483) | (1,650) | (1,376) | (2,185) | - | | Repayment of Long Term Debt | (232,978) | (169,578) | (197,914) | (240,031) | (280,864) | | Change in Short Term Debt | 56,282 | (25,646) | (174,455) | (41,807) | 38,405 | | Issuance of Long term Debt | 193,238 | 179,371 | 156,336 | 253,880 | 347,108 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 8,846 | 22 | 29 | 5,162 | - | | Purchase of Treasury Stock | (1,105) | (3) | - | (523) | (1,695) | | Other Financing Activities | 1,567 | 7 | - | - | (6,967) | | Cash from Financing Activities | 23,367 | (17,477) | (217,380) | (25,504) | 95,987 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 702 | 419 | 165 | (740) | (295) | | | Cash at Beginning of Period | 3,239 | 2,820 | 2,655 | 3,395 | 1,710 | | Cash at End of Period | 3,941 | 3,239 | 2,820 | 2,655 | 1,415 | | | |
