Exxon 2013 Annual Report Download - page 45

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SUMMARY STATEMENT OF CASH FLOWS
(millions of dollars) 2013 2012 2011
Cash Flows from Operating Activities
Net income including noncontrolling interests 33,448 47, 681 42,206
Adjustments for noncash transactions
Depreciation and depletion 17,182 15,888 15,583
Deferred income tax charges/(credits) 754 3,142 142
Postretirement benefits expense in excess of/(less than) net payments 2,291 (315) 544
Other long-term obligation provisions in excess of/(less than) payments (2,566)1,643 (151)
Dividends received greater than/(less than) equity in current earnings of equity companies 3(1,157)(273)
Changes in operational working capital, excluding cash and debt
Reduction/(increase) – Notes and accounts receivable (305)(1,082)( 7,9 06)
– Inventories (1,812)(1,873)(2,208)
– Other current assets (105)(42)222
Increase/(reduction) – Accounts and other payables (2,498)3,624 8,880
Net (gain) on asset sales (1,828)(13,018)(2,842)
All other items – net 350 1,679 1,148
Net cash provided by operating activities 44,914 56,170 55,345
Cash Flows from Investing Activities
Additions to property, plant and equipment (33,669)(34,271)(30,975)
Proceeds associated with sales of subsidiaries, property, plant and equipment,
and sales and returns of investments 2,707 7, 655 11,133
Decrease/(increase) in restricted cash and cash equivalents 72 63 224
Additional investments and advances (4,435)(598)(3,586)
Collection of advances 1,124 1,550 1,119
Additions to marketable securities ––(1,754)
Sales of marketable securities ––1,674
Net cash used in investing activities (34,201)(25,601)(22,165)
Cash Flows from Financing Activities
Additions to long-term debt 345 995 702
Reductions in long-term debt (13)(147)(266)
Additions to short-term debt 16 958 1,063
Reductions in short-term debt (756)(4,488)(1,103)
Additions/(reductions) in debt with three months or less maturity 12,012 (226)1,561
Cash dividends to ExxonMobil shareholders (10,875)(10,092)(9,020)
Cash dividends to noncontrolling interests (304)(327)(306)
Changes in noncontrolling interests (1)204 (16)
Tax benefits related to stock-based awards 48 130 260
Common stock acquired (15,998)(21,068)(22,055)
Common stock sold 50 193 924
Net cash used in financing activities (15,476)(33,868)(28,256)
Effects of exchange rate changes on cash (175)217 (85)
Increase/(decrease) in cash and cash equivalents (4,938)(3,082) 4,839
Cash and cash equivalents at beginning of year 9,582 12,664 7, 8 25
Cash and cash equivalents at end of year 4,644 9,582 12,664
The information in the Summary Statement of Income (for 2011 to 2013), the Summary Balance Sheet (for 2012 and 2013), and the Summary Statement of Cash Flows
(for 2011 to 2013), shown on pages 41 through 43, corresponds to the information in the Consolidated Statement of Income, the Consolidated Balance Sheet, and the
Consolidated Statement of Cash Flows in ExxonMobil’s 2013 Financial Statements and Supplemental Information booklet. See also Management’s Discussion
and Analysis of Financial Condition and Results of Operations and other information in ExxonMobil’s 2013 Financial Statements and Supplemental Information booklet.
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