Citibank 2012 Annual Report Download - page 243

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Citigroup Inc. Parent Company Only(1) Cash Flows Statement
Years Ended December 31,
In millions of dollars 2012 2011 2010
Net cash provided by operating activities of continuing operations $ 1,598 $ 1,710 $ 8,756
Cash flows from investing activities of continuing operations
Purchases of investments $ (5,701) $ (47,190) $ (31,346)
Proceeds from sales of investments 37,056 9,524 6,029
Proceeds from maturities of investments 4,286 22,386 16,834
Changes in investments and advances—intercompany (397) 32,419 13,363
Other investing activities 994 (10) (20)
Net cash provided by investing activities of continuing operations $ 36,238 $ 17,129 $ 4,860
Cash flows from financing activities of continuing operations
Dividends paid $ (143) $ (113) $ (9)
Issuance of preferred stock 2,250 — —
Proceeds/(repayments) from issuance of long-term debt—third-party, net (33,434) (16,481) (8,339)
Net change in short-term borrowings and other advances—intercompany (6,160) (5,772) (8,211)
Other financing activities (199) 3,519 2,949
Net cash used in financing activities of continuing operations $(37,686) $ (18,847) $ (13,610)
Net increase (decrease) in cash and due from banks $ 150 $ (8) $ 6
Cash and due from banks at beginning of period 3 11 5
Cash and due from banks at end of period $ 153 $ 3 $ 11
Supplemental disclosure of cash flow information for continuing operations
Cash paid (received) during the year for
Income taxes $ 78 $ (458) $ (507)
Interest 7,883 9,271 9,317
(1) “Citigroup Inc. parent company only” refers to the parent holding company Citigroup Inc., excluding consolidated subsidiaries. Citigroup Funding Inc. (CFI) was previously a first-tier subsidiary of Citigroup Inc., issuing
commercial paper, medium-term notes and structured equity-linked and credit-linked notes. The debt of CFI was guaranteed by Citigroup Inc. On December 31, 2012, CFI was merged into Citigroup Inc., the parent
holding company.