Huntington National Bank 2009 Annual Report Download - page 207

S
tatements of
C
ash Flows 2009 2008 2007
Year Ended December
31,
(
In thousands
)
Operatin
g
activities
Net
(l
oss
)i
ncom
e
...........................
$
(3
,
094
,
179
)
$(
113,806
)$
75,16
9
A
dj
ustments to reconc
il
e net
i
ncome to net cas
h
prov
id
e
dby
operat
i
n
g
act
i
v
i
t
i
es:
Equit
y
in undistributed net income o
f
subs
i
d
i
a
ri
es
............................
3
,
199
,
77
7
2
66
,
851 200
,
31
5
De
p
rec
i
at
i
on an
d
amort
i
zat
i
o
n
................
3,4
5
8
2
,
071 4
,
3
67
Ot
h
er
,
ne
t
...............................
(
103
,
464
)
6
5
,076
(5
1,283
)
Net cash
(
used for
)
provided by operatin
g
ac
t
ivi
t
ies
.................................
5
,
59
2
2
20
,
192 228
,
56
8
Invest
i
n
g
act
i
v
i
t
i
e
s
Net cash
p
aid for ac
q
uisitio
n
...................
—
—
(
313,311
)
Repa
y
ments from subsidiarie
s
..................
3
93
,
041 540
,
308 333
,
46
9
A
d
vances to su
b
s
idi
ar
i
e
s
......................
(
1
,
017
,
892
)
(
1,337,16
5) (
442,418
)
Net cash used
f
or
i
nvest
i
n
g
act
i
v
i
t
i
e
s
.............
(
624
,
851
)
(
796,8
5
7
)(
422,260
)
F
i
nanc
i
n
g
act
i
v
i
t
i
es
Procee
d
s
f
rom
i
ssuance o
fl
on
g
-term
b
orrow
i
n
gs
....
—
—2
5
0
,
010
Pa
y
ment o
fb
orrow
i
n
gs
.......................
(
99
,
417
)
(
98,470
)(
42,
5
77
)
D
i
v
id
en
d
s
p
a
id
on
p
re
f
erre
d
stoc
k
...............
(
107
,
262
)
(23
,
242) —
Dividends
p
aid on common stoc
k
...............
(
55
,
026
)
(
279,608
)(
289,7
5
8
)
Proceeds from issuance of
p
referred stoc
k
.........
—
1
,
947
,
625
—
Pr
oceeds
fr
o
mi
ssua
n
ce o
f
co
mm
o
n
stock
.........
1
,
135
,
64
5
——
Ot
h
er
,
net . .
...............................
(
198
)
(
1,073
)
1
6
,78
2
Net cash provided by
(
used for
)
financing activitie
s
..
8
7
3,
7
42
1,
5
4
5
,232
(
6
5
,
5
43
)
C
h
an
g
e
i
n cas
h
an
d
cas
h
equ
i
va
l
ent
s
...............
2
5
4,483
9
68,
5
67
(
2
5
9,23
5)
Cas
h
an
d
cas
h
equ
i
va
l
ents at
b
e
gi
nn
i
n
g
o
fy
ear
.......
1,122,0
5
6
1
5
3
,
489 412
,
72
4
C
ash and cash e
q
u
i
valents at end o
fy
ear
.........
$
1
,
376
,
53
9
$
1
,
122
,
056
$
153
,
48
9
S
u
pp
lemental disclosure
:
Interest
p
a
id
...............................
$
29
,
35
7
$
44
,
890
$
41
,
18
9
D
i
v
id
en
d
s
i
n-
ki
n
d
rece
i
ve
df
rom T
h
e Hunt
i
n
g
to
n
N
ational Bank
............................
—
124
,
689
—
27.
S
E
G
MENT REP
O
RTIN
G
In t
h
e secon
d
quarter o
f
2009, Hunt
i
n
g
ton reor
g
an
i
ze
di
ts Re
gi
ona
l
Ban
ki
n
g
se
g
ment to re
fl
ect
h
ow
i
ts
assets an
d
operat
i
ons are now mana
g
e
d
.T
h
eRe
gi
ona
l
Ban
ki
n
gli
ne o
fb
us
i
ness, w
hi
c
h
t
h
rou
gh
Marc
h
31
,
2009, had been mana
g
ed
g
eo
g
raphicall
y
, is now mana
g
ed on a product se
g
ment approach. The five distinct
se
g
ments are: Reta
il
an
d
Bus
i
ness Ban
ki
n
g
, Commerc
i
a
l
Ban
ki
n
g
, Commerc
i
a
l
Rea
l
Estate, Auto F
i
nance an
d
Dealer Services (AFDS), and the Private Financial Group (PFG). A sixth
g
roup includes the Treasur
y
function
an
d
ot
h
er una
ll
ocate
d
assets,
li
a
bili
t
i
es, revenue, an
d
ex
p
ense. A
ll p
er
i
o
d
s
h
ave
b
een rec
l
ass
ifi
e
d
to con
f
orm t
o
t
h
e current
p
er
i
o
dp
resentat
i
on.
Se
g
ment resu
l
ts are
d
eterm
i
ne
db
ase
d
upon t
h
e Compan
y
’s mana
g
ement report
i
n
g
s
y
stem, w
hi
c
h
ass
ig
n
s
balance sheet and income statement items to each of the business se
g
ments. The process is desi
g
ned aroun
d
the Compan
y
’s or
g
anizational and mana
g
ement structure and, accordin
g
l
y
, the results derived are no
t
199