| Cash Flow |
in Millions of Dollars |
|
|
| Net Income |
102 |
74 |
28 |
(153) |
51 |
| Provision for Loan Loss |
29 |
62 |
119 |
209 |
108 |
| Depreciation and Amortization |
16 |
49 |
30 |
21 |
9 |
| Deferred Income Taxes |
6 |
2 |
4 |
(18) |
10 |
| Change in Assets (Receivables) |
- |
(18) |
47 |
(73) |
18 |
| Change in Liabilities (Payables) |
22 |
15 |
3 |
(15) |
(15) |
| Investment Securities Gain |
(4) |
(8) |
(2) |
(9) |
- |
| Net Policy Acquisition Cost |
- |
- |
- |
- |
- |
| Realized Investment Gains |
(204) |
(23) |
(42) |
(12) |
(10) |
| Net Premiums Receivables |
- |
- |
- |
- |
- |
| Change in Income Taxes |
- |
- |
- |
- |
- |
| Other Non-Cash Items |
83 |
28 |
12 |
143 |
(25) |
| Net Cash from Operating Activities |
26 |
182 |
199 |
93 |
147 |
|
|
| Proceeds from Sale/Mat. Inv. |
1,526 |
1,003 |
479 |
468 |
641 |
| Purchase of Investment Securities |
(996) |
(1,192) |
(1,498) |
(1,002) |
(816) |
| Net Increase Fed. Funds Sold |
- |
- |
- |
- |
- |
| Purchase of Property & Equipment |
(21) |
(33) |
(46) |
(11) |
(10) |
| Acquisitions |
39 |
- |
179 |
179 |
- |
| Other Investment Changes, Net |
N/A |
(161) |
330 |
(83) |
(192) |
| Net Cash from Investing Activities |
122 |
(383) |
(556) |
(449) |
(378) |
|
| Net Change in Deposits |
(107) |
(196) |
848 |
668 |
(0) |
| Cash Dividends paid |
(46) |
(25) |
(24) |
(24) |
(46) |
| Repayment of Long Term Debt |
(55) |
(5) |
(166) |
(130) |
(212) |
| Change in Short Term Debt |
12 |
51 |
29 |
(2) |
(70) |
| Issuance of Long term Debt |
- |
- |
- |
- |
345 |
| Issuance of Preferred Stock |
- |
- |
198 |
- |
202 |
| Issuance of Common Stock |
- |
0 |
91 |
246 |
13 |
| Purchase of Treasury Stock |
(7) |
(30) |
(0) |
(0) |
(0) |
| Other Financing Activities |
N/A |
0 |
(219) |
0 |
11 |
| Cash from Financing Activities |
(203) |
(205) |
756 |
757 |
244 |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash & Equivalents |
(55) |
(405) |
399 |
401 |
13 |
|
| Cash at Beginning of Period |
599 |
1,004 |
605 |
205 |
192 |
| Cash at End of Period |
544 |
599 |
1,004 |
605 |
205 |
| Total Risk-Based Capital Ratio |
0.17 |
17.16 |
0.00 |
0.00 |
0.00 |
