Ameriprise 2006 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 2006 Ameriprise 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 112

  • 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

Consolidated Statements of Cash Flows
Ameriprise Financial, Inc.
Years Ended December 31,
2006 2005 2004
(in millions)
Cash Flows from Financing Activities
Investment certificates:
Payments from certificate owners 1,945 3,244 3,286
Interest credited to account values 212 199 140
Certificate maturities and cash surrenders (3,084) (3,628) (2,375)
Policyholder and contractholder account values:
Consideration received 1,267 1,532 2,350
Interest credited to account values 1,052 1,111 1,128
Surrenders and other benefits (4,869) (3,330) (2,716)
Proceeds from issuances of debt, net of issuance costs 516 2,843 18
Principal repayments of debt (284) (1,391) (78)
Payable to American Express, net —(1,576) 263
Capital transactions with American Express, net —1,256 40
Dividends paid to American Express —(53) (1,325)
Dividends paid to shareholders (108) (27) —
Repurchase of common shares (490) ——
Exercise of stock options 20 ——
Excess tax benefits from share-based compensation 52 ——
Policy loans:
Repayments 108 89 82
Issuances (140) (103) (93)
Customer deposits and other, net (134) (37) (109)
Capital contributions to discontinued operations —— (15)
Dividends received from discontinued operations —48 95
Net cash provided by (used in) financing activities (3,937) 177 691
Cash Flows from Discontinued Operations
Net cash provided by operating activities —46 229
Net cash used in investing activities —(10) (1,093)
Net cash provided by financing activities —482 898
Net cash provided by discontinued operations —518 34
Effect of exchange rate changes on cash 38 (19) 13
Net increase in cash and cash equivalents 243 1,396 —
Cash and cash equivalents at beginning of year 2,474 1,078 1,078
Cash and cash equivalents at end of year $ 2,717 $ 2,474 $ 1,078
Cash and cash equivalents of discontinued operations included above:
At beginning of year $— $54 $20
At end of year ——54
Supplemental Disclosures:
Interest paid $ 123 $93 $43
Income taxes paid, net 219 146 319
Non-cash dividend of AEIDC to American Express —164 —
See Notes to Consolidated Financial Statements.
61
Ameriprise Financial, Inc. 2006 Annual Report