|
Cash Flow for
NewStar Financial Inc.
(NEWS)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
23,977 |
14,148 |
10,232 |
(44,260) |
22,398 |
| Provision for Loan Loss |
12,651 |
17,312 |
32,997 |
133,093 |
38,224 |
| Depreciation and Amortization |
10,963 |
16,632 |
22,432 |
19,305 |
(3,988) |
| Deferred Income Taxes |
5,439 |
1,194 |
8,338 |
(25,622) |
(17,410) |
| Change in Assets (Receivables) |
854 |
(3,060) |
1,152 |
2,659 |
74,227 |
| Change in Liabilities (Payables) |
48,754 |
(3,603) |
6,344 |
(25,616) |
(22,863) |
| Investment Securities Gain |
(2,708) |
5,439 |
- |
- |
1,563 |
| Net Policy Acquisition Cost |
- |
- |
- |
- |
- |
| Realized Investment Gains |
(13,659) |
2,980 |
(25,534) |
(15,736) |
(282) |
| Net Premiums Receivables |
- |
- |
- |
- |
- |
| Change in Income Taxes |
- |
- |
- |
- |
- |
| Other Non-Cash Items |
24,166 |
(3,663) |
(34,797) |
(26,424) |
1,556 |
| Net Cash from Operating Activities |
37,738 |
47,379 |
21,164 |
17,399 |
93,425 |
|
|
| Proceeds from Sale/Mat. Inv. |
- |
4,170 |
239 |
311 |
31,077 |
| Purchase of Investment Securities |
- |
(20,750) |
- |
- |
- |
| Net Increase Fed. Funds Sold |
- |
- |
- |
- |
- |
| Purchase of Property & Equipment |
(200) |
(349) |
(260) |
819 |
(157) |
| Acquisitions |
- |
- |
(25,320) |
- |
- |
| Other Investment Changes, Net |
N/A |
(17,020) |
261,242 |
288,325 |
(90,975) |
| Net Cash from Investing Activities |
(147,810) |
(33,949) |
235,901 |
289,455 |
(60,055) |
|
| Net Change in Deposits |
- |
- |
- |
- |
- |
| Cash Dividends paid |
- |
- |
- |
- |
- |
| Repayment of Long Term Debt |
(755,266) |
(556,354) |
(625,677) |
(381,814) |
(1,276,473) |
| Change in Short Term Debt |
- |
64,868 |
- |
- |
(63) |
| Issuance of Long term Debt |
887,578 |
458,610 |
404,100 |
69,139 |
1,176,344 |
| Issuance of Preferred Stock |
- |
- |
- |
- |
- |
| Issuance of Common Stock |
- |
272 |
- |
- |
48,891 |
| Purchase of Treasury Stock |
(5,823) |
(12,305) |
(11,784) |
(253) |
(315) |
| Other Financing Activities |
N/A |
(4,418) |
(9,187) |
(4,357) |
(7,630) |
| Cash from Financing Activities |
118,816 |
(49,327) |
(242,548) |
(317,285) |
(59,246) |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash & Equivalents |
8,744 |
(35,897) |
14,517 |
(10,431) |
(25,876) |
|
| Cash at Beginning of Period |
18,468 |
54,365 |
39,848 |
50,279 |
76,155 |
| Cash at End of Period |
27,212 |
18,468 |
54,365 |
39,848 |
50,279 |
| Total Risk-Based Capital Ratio |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
