|
|
BIF & SAIF
Statements of Cash Flows -
Second Quarter 2005
| Fund Financial Results |
($ in millions – All data is unaudited) |
| Statements of Cash Flows |
BIF |
SAIF |
| |
6/30/05 |
6/30/04 |
6/30/05 |
6/30/04 |
| Net Income |
$ 487 |
$ 485 |
$ 268 |
$ 221 |
| Amortization of U.S. Treasury obligations (unrestricted) |
341 |
393 |
122 |
139 |
| TIPS Inflation Adjustment |
(114) |
(92) |
(39) |
((31)) |
| Depreciation on property and equipment |
25 |
27 |
na |
na |
| Provision for insurance losses |
(52) |
(69) |
(24) |
(1) |
| Terminations\adjustments of work-in-process accounts |
0 |
0 |
na |
na |
| Net change in operating assets and liabilities |
75 |
119 |
118 |
(16) |
| Net Cash Provided by Operating Activities |
$ 762 |
$ 863 |
$ 445 |
$ 31236 |
| Investments matured and sold |
3,975 |
4,250 |
1,130 |
1,180 |
| Investments purchased (includes purchase of property and equipment) |
(5,562) |
(5,961) |
(1,948) |
(1,960) |
| Net Cash Used by Investing Activities |
$ (1,587) |
$ (1,711) |
$ (818) |
$ (780) |
| Net Decrease in Cash and Cash Equivalents |
(825) |
(848) |
(373) |
(1468) |
| Cash and Cash Equivalents at beginning
of year |
1,822 |
2,544 |
701 |
1,059 |
| Unrestricted Cash and Cash Equivalents - Ending |
na |
na |
$ 313 |
$ 434 |
| Restricted Cash and Cash Equivalents - Ending |
na |
na |
$ 15 |
$ 157 |
| Cash and Cash Equivalents - Ending |
$ 997 |
$ 1,696 |
$ 328 |
$ 591 |
|
