Huntington National Bank 2009 Annual Report Download - page 145

C
onsolidated
S
tatements of
C
ash Flows
2009 2008 200
7
Year Ended December
31,
(
In thousands
)
O
perat
i
n
g
act
i
v
i
t
i
e
s
Net
(l
oss
)i
ncome . .
..............................................
$
(3
,
094
,
179)
$(
113,806
)$
75,16
9
A
d
j
ustments to reconcile net (loss) income to net cash provided b
y
(used for) operatin
g
act
i
v
i
t
i
es
:
I
mpairment of
g
oodwill .
.
.........................................
2
,
606
,
94
4
——
Prov
i
s
i
on
f
or cre
di
t
l
osse
s
.........................................
2,0
7
4,6
7
1
1
,
0
5
7
,
463 643
,
628
Losses on in
v
estment securities . .
....................................
10
,
24
9
197
,
370 29
,
73
8
De
p
rec
i
at
i
on an
d
amort
i
zat
i
on...
....................................
228,041
244
,
8
6
0 127
,
2
6
1
Chan
g
e in current and deferred income taxes . . .
..........................
(
471
,
592
)
(
251,827
)(
157,169
)
Net sa
l
es (purc
h
ases) o
f
tra
di
n
g
account secur
i
t
i
es
..........................
8
5
6,112
92,97
6(
99
6
,
6
89
)
Ori
g
inations of loans held for sal
e
....................................
(4
,
786
,
043
)
(
3,063,375
)(
2,815,854
)
Pr
i
nc
i
pa
l
pa
y
ments on an
d
procee
d
s
f
rom
l
oans
h
e
ld f
or sa
l
e. .
.
................
4,66
7
,
7
92
3
,
09
6,
129 2
,6
93
,
132
Gain on earl
y
extin
g
uishment of debt . . .
...............................
(147
,
442
)
(
23,541
)(
8,058
)
Ot
h
er
,
net .
...................................................
21,
7
09
1
,
080
66,
0
63
Net cash provided by
(
used for
)
operatin
g
activitie
s
..........................
1,966,262
1
,
23
7,
329 (342
,77
9)
Invest
i
n
g
act
i
v
i
t
i
es
Increase in interest bearin
g
deposits in bank
s
...............................
(319
,
989)
(
228,554
)(
188,971
)
Net cas
hp
a
id i
nac
q
u
i
s
i
t
i
on
s
.........................................
—
—
(
80,0
6
0
)
Proceeds from
:
Matur
i
t
i
es an
d
ca
ll
so
fi
nvestment secur
i
t
i
e
s
..............................
1,004,293
386
,
232 40
5,
48
2
S
ales of in
v
estment securities . . .
....................................
3
,
585
,
644 555
,
719 1
,
528
,
480
Purc
h
ases o
fi
n
v
estment secur
i
t
i
es .
.
....................................
(
8
,
386
,
223
)
(
1,338,274
)(
1,317,
6
30
)
Net
p
roceeds from sales of loans . .
....................................
949
,
39
8
471
,
362 108
,
58
8
Net
l
oan an
dl
ease act
i
v
i
t
y
,exc
l
u
di
n
g
sa
l
es
.
...............................
1,
5
44,
5
24
(
2,3
5
8,6
5
3
)(
1,746,814
)
Purchases of operatin
g
lease assets
.
....................................
(
119
)
(
226,378
)(
76,940
)
Procee
d
s
f
rom sa
l
eo
f
operat
i
n
gl
ease assets
...............................
11,216
25,
091 27
,5
91
Purchases of
p
remises and e
q
ui
p
ment
...................................
(49
,
223
)
(
59,945
)(
109,450
)
Procee
d
s
f
rom sa
l
es o
f
ot
h
er rea
l
estate
...
...............................
60,499
5
4
,5
20 3
5,
883
Other
,
net. . .
...................................................
4,
61
9
19,1
7
2 8,4
7
1
Net cash used for investin
g
activities
....................................
(
1
,
595
,
361
)
(
2,699,708
)(
1,40
5
,370
)
F
i
nanc
i
n
g
act
i
v
i
t
i
e
s
Increase (decrease) in de
p
osits
........................................
2,
55
9,633
19
5
,142
(
16
5
,62
5)
Decrease
i
ns
h
ort-term
b
orrow
i
n
g
s.
....................................
(
277
,
215
)
(
1,316,1
55)
1,464,
5
42
Pr
oceeds
fr
o
mi
ssua
n
ce o
f
subo
r
d
in
ated
n
otes
..............................
——
2
50
,
010
Matur
i
t
y
/re
d
empt
i
on o
f
su
b
or
di
nate
d
notes
.
...............................
(
484
,
966
)
(
76,6
5
9
)(
46,660
)
Proceeds from Federal Home Loan Bank advances .
..........................
207
,
39
4
1
,
865
,
294 2
,
853
,
12
0
Matur
i
t
y
/re
d
empt
i
on o
f
Fe
d
era
l
Home Loan Ban
k
a
d
vance
s
.....................
(
2
,
627
,
786
)
(
2,3
6
0,3
6
8
)(
1,492,899
)
Proceeds from issuance of lon
g
-term debt .
.
...............................
5
98,200
887
,
111 —
Matur
i
t
y
/re
d
empt
i
on o
fl
on
g
-term
d
e
bt
...................................
(
642
,
644
)
(5
40,266
)(
3
5
3,079
)
D
i
v
id
en
d
s
p
a
id
on
p
re
f
erre
d
stoc
k
.
.
....................................
(
107
,
262
)
(23
,
242)
—
D
i
v
id
en
d
s
p
a
id
on common stoc
k
..
....................................
(
55
,
026
)
(
279,608
)(
289,7
5
8
)
Net
p
roceeds from issuance of
p
referred stoc
k
..............................
—
1
,
947
,
625 —
Net
p
rocee
d
s
f
rom
i
ssuance o
f
common stoc
k
..............................
1,13
5
,64
5
——
Other
,
net. . .
...................................................
(
198
)
(
1,073
)
16,99
7
Net cash provided by financin
g
activities
.................................
305
,
775 297
,
801 2
,
236
,
64
8
Increase (decrease) in cash and cash e
q
uivalent
s
............................
676
,
67
6
(
1,164,578
)
488,49
9
C
ash and cash equ
i
valents at be
gi
nn
i
n
g
o
f
yea
r
.............................
844,668
2
,
009
,
246 1
,5
20
,
747
C
ash and cash e
q
u
i
valents at end o
fy
ear
.................................
$
1
,
521
,
34
4
$
844
,
668
$
2
,
009
,
24
6
Su
pp
lemental disclosures
:
Income taxes (re
f
un
d
e
d
)
p
a
id
.........................................
$
(112
,
412
)
$
69
,
625
$
104
,
64
5
Interest
p
aid
.
...................................................
869
,
50
3
1
,
282
,
877 1
,
434
,
007
Non-cas
h
act
i
v
i
t
i
e
s
Common stock dividends accrued,
p
aid in subse
q
uent
q
uarter .
.
................
6
,
67
0
39
,
675 76
,
76
2
Pre
f
erre
d
stoc
kdi
v
id
en
d
s accrue
d
,
p
a
id i
nsu
b
se
q
uent
q
uarter . .
................
16,635
21,218
—
Common stock and stock o
p
tions issued for
p
urchase ac
q
uisition
s
...............
—
—3
,
136
,
537
S
ee Notes to
C
onsolidated Financial
S
tatements
.
13
7