U-Haul 2006 Annual Report Download - page 51

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AMERCO AND CONSOLIDATED ENTITIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
F-44
Consolidating balance sheets by industry segment as of March 31, 2005 are as follows:
AMERCO U-Haul Real Estate Eliminations
Moving &
Storage
Consolidated
Property &
Casualty
Insurance (a)
Life
Insurance (a) Eliminations
AMERCO
Consolidated SAC Holding II Eliminations
Total
Consolidated
Assets:
Cash and cash equivalents 14$ 37,626$ 4,327$ -$ 41,967$ 10,638$ 2,992$ -$ 55,597$ 358$ -$ 55,955$
Reinsurance recoverables and trade receivables, net - 13,074 26 - 13,100 211,821 15,672 - 240,593 - - 240,593
Notes and mortgage receivables, net - 1,020 945 - 1,965 - - - 1,965 - - 1,965
Inventories, net - 62,489 - - 62,489 - - - 62,489 1,169 - 63,658
Prepaid expenses 4,863 24,036 - - 28,899 - - - 28,899 146 - 29,045
Investments, fixed maturities and marketable equities - - - - - 100,028 535,150 - 635,178 - - 635,178
Investments, other - 936 8,056 - 8,992 144,839 191,376 - 345,207 - - 345,207
Deferred policy acquisition costs, net - - - - - 1,273 51,270 - 52,543 - - 52,543
Other assets 14,207 59,582 1,737 - 75,526 3,915 1,215 - 80,656 4,239 - 84,895
Related party assets 452,350 521,162 12,600 (650,371) (d) 335,741 56,479 32,216 (92,042) (d) 332,394 2,202 (81,930) (d) 252,666
471,434 719,925 27,691 (650,371) 568,679 528,993 829,891 (92,042) 1,835,521 8,114 (81,930) 1,761,705
Investment in subsidiaries 1,236,082 - - (966,249) (c) 269,833 - - (269,833) (c) - - - -
Investment in SAC Holding II (14,659) - - - (14,659) - - - (14,659) - 14,659 (c) -
Total investment in subsidiaries and SAC Holding II 1,221,423 - - (966,249) 255,174 - - (269,833) (14,659) - 14,659 -
Property, plant and equipment, at cost:
Land - 21,265 129,880 - 151,145 - - - 151,145 - - 151,145
Buildings and improvements - 84,921 601,304 - 686,225 - - - 686,225 - - 686,225
Furniture and equipment 292 247,219 17,705 - 265,216 - - - 265,216 - - 265,216
Rental trailers and other rental equipment - 199,461 - - 199,461 - - - 199,461 - - 199,461
Rental trucks - 1,252,018 - - 1,252,018 - - - 1,252,018 - - 1,252,018
SAC Holding II - property, plant and equipment (b) - - - - - - - - - 151,806 (74,212) (e) 77,594
292 1,804,884 748,889 - 2,554,065 - - - 2,554,065 151,806 (74,212) 2,631,659
Less: Accumulated depreciation (255) (1,008,523) (269,990) - (1,278,768) - - - (1,278,768) (7,527) 9,104 (e) (1,277,191)
Total property, plant and equipment 37 796,361 478,899 - 1,275,297 - - - 1,275,297 144,279 (65,108) 1,354,468
Total assets 1,692,894$ 1,516,286$ 506,590$ (1,616,620)$ 2,099,150$ 528,993$ 829,891$ (361,875)$ 3,096,159$ 152,393$ (132,379)$ 3,116,173$
(a) Balances as of December 31, 2004
(b) Included in this caption is land of $56,960, buildings and improvements of $94,620, and furniture and equipment of $226
(c) Eliminate investment in subsidiaries and SAC Holding II
(d) Eliminate intercompany receivables and payables
(e) Eliminate gain on sale of property from U-Haul to SAC Holding II
Moving & Storage AMERCO Legal Group AMERCO as Consolidated
(In thousands)