Citibank 2015 Annual Report Download - page 318

300
Condensed Consolidating Statement of Cash Flows
Year ended December 31, 2014
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 $ 5,940 $(10,915) $ 51,318 $ — $ 46,343
Cash flows from investing activities of continuing operations
Purchases of investments $ — $ (188) $(258,804) $ — $(258,992)
Proceeds from sales of investments 41 42 135,741 — 135,824
Proceeds from maturities of investments 155 — 93,962 — 94,117
Change in deposits with banks — 4,183 36,733 — 40,916
Change in loans — — 1,170 — 1,170
Proceeds from sales and securitizations of loans — — 4,752 — 4,752
Proceeds from significant disposals — — 346 — 346
Payments due to transfers of net liabilities associated with significant disposals — — (1,255) — (1,255)
Change in federal funds sold and resales — 8,832 5,635 — 14,467
Changes in investments and advances—intercompany (7,986) 3,549 4,437 — —
Other investing activities 5 (72) (2,696) — (2,763)
Net cash provided by (used in) investing activities of continuing operations $(7,785) $ 16,346 $ 20,021 $ — $ 28,582
Cash flows from financing activities of continuing operations
Dividends paid $ (633) $ — $ — $ — $ (633)
Issuance of preferred stock 3,699 — — — 3,699
Treasury stock acquired (1,232) — — — (1,232)
Proceeds (repayments) from issuance of long-term debt, net (3,636) (634) 12,183 — 7,913
Proceeds (repayments) from issuance of long-term debt—intercompany, net — 1,131 (1,131) — —
Change in deposits — — (48,336) — (48,336)
Change in federal funds purchased and repos — (15,268) (14,806) — (30,074)
Change in short-term borrowings 749 143 (1,991) — (1,099)
Net change in short-term borrowings and other advances—intercompany 3,297 1,212 (4,509) — —
Capital contributions from parent — 8,500 (8,500) — —
Other financing activities (507) — (1) — (508)
Net cash provided by (used in) financing activities of continuing operations $ 1,737 $ (4,916) $ (67,091) $ — $ (70,270)
Effect of exchange rate changes on cash and due from banks $ — $ — $ (2,432) $ — $ (2,432)
Change in cash and due from banks $ (108) $ 515 $ 1,816 $ — $ 2,223
Cash and due from banks at beginning of period 233 1,236 28,416 — 29,885
Cash and due from banks at end of period $ 125 $ 1,751 $ 30,232 $ — $ 32,108
Supplemental disclosure of cash flow information for continuing operations
Cash paid during the year for income taxes $ 235 $ 353 $ 4,044 $ — $ 4,632
Cash paid during the year for interest 5,632 2,298 6,071 — 14,001
Non-cash investing activities
Change in loans due to consolidation/deconsolidation of VIEs $ — $ — $ (374) $ — $ (374)
Transfers to loans held-for-sale from loans — — 15,100 — 15,100
Transfers to OREO and other repossessed assets — — 321 — 321
Non-cash financing activities
Decrease in deposits associated with reclassifications to HFS $ — $ — $ (20,605) $ — $ (20,605)
Increase in short-term borrowings due to consolidation of VIEs — — 500 — 500
Decrease in long-term debt due to deconsolidation of VIEs — — (864) — (864)