Citibank 2015 Annual Report Download - page 317

299
Condensed Consolidating Statement of Cash Flows
Year ended December 31, 2015
In millions of dollars
Citigroup
parent
company CGMHI
Other
Citigroup
subsidiaries
and
eliminations
Consolidating
adjustments
Citigroup
consolidated
Net cash provided by (used in) operating activities of continuing operations $ 27,825 $ 12,336 $ (424) $ — $ 39,737
Cash flows from investing activities of continuing operations
Purchases of investments $ — $ (4) $ (242,358) $ — $ (242,362)
Proceeds from sales of investments — 53 141,417 — 141,470
Proceeds from maturities of investments 237 — 81,810 — 82,047
Change in deposits with banks — (8,414) 23,902 — 15,488
Change in loans — — 1,353 — 1,353
Proceeds from sales and securitizations of loans — — 9,610 — 9,610
Proceeds from significant disposals — — 5,932 — 5,932
Payments due to transfers of net liabilities associated with significant disposals — — (18,929) — (18,929)
Change in federal funds sold and resales — 8,037 14,858 — 22,895
Changes in investments and advances—intercompany (35,548) 1,044 34,504 — —
Other investing activities 3 (101) (2,523) — (2,621)
Net cash provided by (used in) investing activities of continuing operations $ (35,308) $ 615 $ 49,576 $ — $ 14,883
Cash flows from financing activities of continuing operations
Dividends paid $ (1,253) $ — $ — $ — $ (1,253)
Issuance of preferred stock 6,227 — — — 6,227
Treasury stock acquired (5,452) — — — (5,452)
Proceeds (repayments) from issuance of long-term debt, net 127 (139) (8,212) — (8,224)
Proceeds (repayments) from issuance of long-term debt—intercompany, net — 12,557 (12,557) — —
Change in deposits — — 8,555 — 8,555
Change in federal funds purchased and repos — (27,442) 500 — (26,942)
Change in short-term borrowings (845) (1,737) (34,674) — (37,256)
Net change in short-term borrowings and other advances—intercompany 9,106 4,054 (13,160) — —
Other financing activities (428) — — — (428)
Net cash provided by (used in) financing activities of continuing operations $ 7,482 $ (12,707) $ (59,548) $ — $ (64,773)
Effect of exchange rate changes on cash and due from banks $ — $ — $ (1,055) $ — $ (1,055)
Change in cash and due from banks $ (1) $ 244 $ (11,451) $ — $ (11,208)
Cash and due from banks at beginning of period 125 1,751 30,232 — 32,108
Cash and due from banks at end of period $ 124 $ 1,995 $ 18,781 $ — $ 20,900
Supplemental disclosure of cash flow information for continuing operations
Cash paid during the year for income taxes $ 111 $ 175 $ 4,692 $ — $ 4,978
Cash paid during the year for interest 4,916 2,346 4,769 — 12,031
Non-cash investing activities
Decrease in net loans associated with significant disposals reclassified to HFS $ — $ — $ (9,063) $ — $ (9,063)
Decrease in investments associated with significant disposals reclassified to HFS — — (1,402) — (1,402)
Decrease in goodwill and intangible assets associated with significant disposals
reclassified to HFS — — (223) — (223)
Decrease in deposits with banks with significant disposals reclassified to HFS — — (404) — (404)
Transfers to loans HFS from loans — — 28,600 — 28,600
Transfers to OREO and other repossessed assets — — 276 — 276
Non-cash financing activities
Decrease in long-term debt associated with significant disposals reclassified to HFS $ — $ — $ (4,673) $ — $ (4,673)