U-Haul 2008 Annual Report Download - page 97

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AMERCO AND CONSOLIDATED ENTITIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
F-40
Note 21A: Financial Information by Consolidating Industry Segment:
Consolidating balance sheets by industry segment as of March 31, 2008 are as follows:
AMERCO U-Haul Real Estate Eliminations
Moving &
Storage
Consolidated
Property &
Casualty
Insurance (a)
Life
Insurance (a) Eliminations
AMERCO
Consolidated
Assets:
Cash and cash equivalents 30$ 191,220$ -$ -$ 191,250$ 6,848$ 8,524$ -$ 206,622$
Reinsurance recoverables and trade receivables, net - 20,529 27 - 20,556 170,305 10,255 - 201,116
Notes and mortgage receivables, net - 1,158 930 - 2,088 - - - 2,088
Inventories, net - 65,349 - - 65,349 - - - 65,349
Prepaid expenses 4,508 51,418 233 - 56,159 - - - 56,159
Investments, fixed maturities and marketable equities - - - - - 144,171 489,613 - 633,784
Investments, other - 838 13,515 - 14,353 80,786 90,452 - 185,591
Deferred policy acquisition costs, net - - - - - 30 35,548 - 35,578
Other assets 8 97,285 30,494 - 127,787 2,808 543 - 131,138
Related party assets 1,164,092 244,801 29,198 (1,131,730) (c) 306,361 7,067 - (9,542) (c) 303,886
1,168,638 672,598 74,397 (1,131,730) 783,903 412,015 634,935 (9,542) 1,821,311
Investment in subsidiaries (234,927) - - 534,247 (b) 299,320 - - (299,320) (b) -
Property, plant and equipment, at cost:
Land - 44,224 163,940 - 208,164 - - - 208,164
Buildings and improvements - 109,826 750,056 - 859,882 - - - 859,882
Furniture and equipment 304 291,561 18,095 - 309,960 - - - 309,960
Rental trailers and other rental equipment - 205,572 - - 205,572 - - - 205,572
Rental trucks - 1,734,425 - - 1,734,425 - - - 1,734,425
304 2,385,608 932,091 - 3,318,003 - - - 3,318,003
Less: Accumulated depreciation (242) (999,040) (307,545) - (1,306,827) - - - (1,306,827)
Total property, plant and equipment 62 1,386,568 624,546 - 2,011,176 - - - 2,011,176
Total assets 933,773$ 2,059,166$ 698,943$ (597,483)$ 3,094,399$ 412,015$ 634,935$ (308,862)$ 3,832,487$
(a) Balances as of December 31, 2007
(b) Eliminate investment in subsidiaries
(c) Eliminate intercompany receivables and payables
Moving & Storage AMERCO Legal Group
(In thousands)