U-Haul 2006 Annual Report Download - page 25

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AMERCO AND CONSOLIDATED ENTITIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
Available-for-Sale Investments
Available-for-sale investments at December 31, 2005 were as follows:
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
More than
12 Months
Gross
Unrealized
Losses
Less than
12 Months
Estimated
Market
Value
U.S. treasury securities and government
obligations $ 55,075 $ 1,385 $ (126) $ (391) $ 55,943
U.S. government agency mortgage-backed
securities 45,480 573 (47) (219) 45,787
Obligations of states and political subdivisions 1,568 1 (24) (3) 1,542
Corporate securities 458,658 9,672 (3,538) (3,843) 460,949
Mortgage-backed securities 112,432 670 (641) (879) 111,582
Redeemable preferred stocks 18,531 517 - - 19,048
Common stocks 184 - (70) (29) 85
$ 691,928 $ 12,818 $ (4,446) $ (5,364) $ 694,936
(In thousands)
Available-for-sale investments at December 31, 2004 were as follows:
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
More than
12 Months
Gross
Unrealized
Losses
Less than
12 Months
Estimated
Market
Value
U.S. treasury securities and government
obligations $ 28,249 $ 1,840 $ (28) $ (56) $ 30,005
U.S. government agency mortgage-backed
securities 9,718 344 - - 10,062
Obligations of states and political subdivisions 788 22 - - 810
Corporate securities 460,687 20,861 (3,303) (1,274) 476,971
Mortgage-backed securities 78,329 1,752 (1,931) (169) 77,981
Redeemable preferred stocks 30,058 1,220 - - 31,278
Common stocks 7,476 46 - (881) 6,641
$
615,305
$
26,085
$
(
5,262
)
$
(
2,380
)
$
633,748
(In thousands)
The above tables include gross unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated
by investment category and length of time that individual securities have been in a continuous unrealized loss position.
F-18