U-Haul 2008 Annual Report Download - page 104

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AMERCO AND CONSOLIDATED ENTITIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
F-47
Consolidating cash flow statements by industry segment for the year ended March 31, 2008, are as follows:
AMERCO U-Haul
Real
Estate Elimination
Moving &
Storage
Consolidated
Property &
Casualty
Insurance (a)
Life
Insurance (a) Elimination
AMERCO
Consolidated SAC Holding II (b) Elimination
Total
Consolidated
67,581$ (10,156)$ 6,070$ 4,086$ 67,581$ 5,909$ 13,603$ (19,512)$ 67,581$ 222$ (19)$ 67,784$
(15,648) - - (4,086) (19,734) - - 19,512 (222) - 222 -
515 214,246 11,730 - 226,491 - - - 226,491 1,634 (327) 227,798
- - - - - 190 12,991 - 13,181 - - 13,181
- 23 - - 23 - 53 - 76 - - 76
Change in allowance for losses on mortgage notes - (39) - - (39) - - - (39) - - (39)
Provision for inventory reserve - 2,746 - - 2,746 - - - 2,746 - - 2,746
- 6,450 (12,206) - (5,756) - - - (5,756) (160) - (5,916)
- - - - - 51 241 - 292 - - 292
- - - - - - - - - - - -
(11,222) 91 - - (11,131) 4,318 (3,488) - (10,301) 146 124 (10,031)
- (2,209) - - (2,209) (15,133) 766 - (16,576) - - (16,576)
- (2,449) - - (2,449) - - - (2,449) 4 - (2,445)
6,665 (10,847) (203) - (4,385) - - - (4,385) 47 - (4,338)
- - - - - (24) (7,455) - (7,479) - - (7,479)
4 3,602 1,470 - 5,076 (1,065) 290 - 4,301 (1,008) - 3,293
6,007 6,493 12,645 - 25,145 2,842 5,040 - 33,027 5 - 33,032
7,571 20,200 (4,316) - 23,455 - (1,231) - 22,224 680 - 22,904
- 29,747 - - 29,747 77 (9,160) - 20,664 - - 20,664
- - - - - (779) 683 - (96) - - (96)
- (3,948) - - (3,948) - - - (3,948) (48) - (3,996)
- (6,220) - - (6,220) (363) (5,271) - (11,854) 287 - (11,567)
61,473 247,730 15,190 - 324,393 (3,977) 7,062 - 327,478 1,809 - 329,287
(1,841) (507,883) (59,105) - (568,829) - - - (568,829) (1,381) - (570,210)
- - - - - (82,179) (163,166) - (245,345) - - (245,345)
- - - - - (29,692) (53,959) - (83,651) - - (83,651)
- - - - - - (31) - (31) - - (31)
- - - - - - (770) - (770) - - (770)
- - (2,801) - (2,801) (297) - - (3,098) - - (3,098)
- - (497) - (497) (1,650) (11,910) - (14,057) - - (14,057)
- 143,537 22,458 - 165,995 - - - 165,995 391 - 166,386
- - - - - 77,417 168,758 - 246,175 - - 246,175
- - - - - 37,359 94,434 - 131,793 - - 131,793
- - - - - - 46 - 46 - - 46
- - - - - 5,000 625 - 5,625 - - 5,625
- 281 - - 281 631 - - 912 - - 912
- - - - - 8 8,138 - 8,146 - - 8,146
- 117 - - 117 - - - 117 - - 117
(1,841) (363,948) (39,945) - (405,734) 6,597 42,165 - (356,972) (990) - (357,962)
Preferred stock
Write-off of unamortized debt issuance costs
Real estate
Mortgage loans
Payments from notes and mortgage receivables
Net cash provided (used) by investing activities
Short term investments
Fixed maturities investments
Equity securities
Preferred stock
Proceeds from sales of:
Property, plant and equipment
Cash flows from investing activities:
Short term investments
Fixed maturities investments
Mortgage loans
Purchases of:
Property, plant and equipment
Real estate
Equity securities
Other policyholders' funds and liabilities
Deferred income
Related party liabilities
Net cash provided (used) by operating activities
Other assets
Related party assets
Accounts payable and accrued expenses
Policy benefits and losses, claims and loss expenses payable
Reinsurance recoverables and trade receivables
Inventories
Prepaid expenses
Capitalization of deferred policy acquisition costs
Net loss on sale of investments
Deferred income taxes
Net change in other operating assets and liabilities:
Adjustments to reconcile net earnings to cash provided by operations:
Cash flows from operating activities:
Net earnings (loss)
Earnings from consolidated entities
Depreciation
Amortization of deferred policy acquisition costs
Change in allowance for losses on trade receivables
Net (gain) loss on sale of real and personal property
AMERCO as Consolidated
Moving & Storage
(In thousands)
(page 1 of 2)
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