U-Haul 2016 Annual Report Download - page 106

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AMERCO AND CONSOLIDATED SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)
F-50
Continuation of consolidating cash flow statements by industry segment for the year ended March 31, 2015, are as follows:
Moving &
Storage
Consolidated
Property &
Casualty
Insurance (a)
Life
Insurance (a)
Elimination
AMERCO
Consolidated
(In thousands)
Cash flows from financing activities:
Borrowings from credit facilities
657,535
–
–
–
657,535
Principal repayments on credit facilities
(593,722)
–
–
–
(593,722)
Debt issuance costs
(12,327)
–
–
–
(12,327)
Capital lease payments
(121,202)
–
–
–
(121,202)
Purchases of Employee Stock Ownership Plan Shares
(7,939)
–
–
–
(7,939)
Common stock dividends paid
(19,594)
–
–
–
(19,594)
Investment contract deposits
–
–
105,019
–
105,019
Investment contract withdrawals
–
–
(54,108)
–
(54,108)
Net cash provided (used) by financing activities
(97,249)
–
50,911
–
(46,338)
Effects of exchange rate on cash
(10,762)
–
–
–
(10,762)
Increase (decrease) in cash and cash equivalents
(32,837)
(4,263)
(16,162)
–
(53,262)
Cash and cash equivalents at beginning of period
464,710
12,758
17,644
–
495,112
Cash and cash equivalents at end of period
$
431,873
$
8,495
$
1,482
$
–
$
441,850
(a) Balance for the period ended December 31, 2014