U-Haul 2011 Annual Report Download - page 105

Download and view the complete annual report

Please find page 105 of the 2011 U-Haul annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 126

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126

AMERCO AND CONSOLIDATED SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
F-49
Continuation of consolidating cash flow statements by industry segment for the year ended March 31, 2011, are as follows:
AMERCO U-Haul Real Estate Elimination
Moving &
Storage
Consolidated
Property &
Casualty
Insurance (a)
Life
Insurance (a) Elimination
AMERCO
Consolidated
Cash flows from financing activities:
Borrowings from credit facilities - 257,728 64,134 - 321,862 - - - 321,862
Principal repayments on credit facilities - (90,084) (198,798) - (288,882) - - - (288,882)
Debt issuance costs - (1,987) - - (1,987) - - - (1,987)
Capital lease payments - (11,522) - - (11,522) - - - (11,522)
Leveraged Employee Stock Ownership Plan - repayments from loan - 1,172 - - 1,172 - - - 1,172
Securitization deposits - (46,838) - - (46,838) - - - (46,838)
Proceeds from (repayment of) intercompany loans 30,566 (223,746) 193,180 - - - - - -
Preferred stock dividends paid (12,963) - - - (12,963) - - 551 (b) (12,412)
Dividend from (to) related part
y
3,303 - - - 3,303 (3,303) - - -
Investment contract deposits - - - - - - 11,138 - 11,138
Investment contract withdrawals - - - - - - (33,230) - (33,230)
Net cash provided (used) by financing activities 20,906 (115,277) 58,516 - (35,855) (3,303) (22,092) 551 (60,699)
Effects of exchange rate on cash - 271 - - 271 - - - 271
Increase (decrease) in cash and cash equivalents 149,644 (34,607) 753 - 115,790 (7,426) 23,014 - 131,378
Cash and cash equivalents at beginning of period 100,460 107,241 4 - 207,705 22,126 14,287 - 244,118
Cash and cash equivalents at end of period 250,104$ 72,634$ 757$ -$ 323,495$ 14,700$ 37,301$ -$ 375,496$
(a) Balance for the period ended December 31, 2010
(b) Eliminate preferred stock dividends paid to affiliates
(In thousands)
(page 2 of 2)
Moving & Storage AMERCO Legal Group