|
|
BIF & SAIF Statements of Cash Flows -
Third Quarter 2004
| Fund Financial Results |
($ in millions – All data is unaudited) |
| Statements of Cash Flows |
BIF |
SAIF |
| |
9/30/04 |
9/30/03 |
9/30/04 |
9/30/03 |
| Net Income |
$ 765 |
$ 1,316 |
$ 309 |
$ 409 |
| Amortization of U.S. Treasury obligations (unrestricted) |
562 |
290 |
201 |
95 |
| TIIS Inflation Adjustment |
(136) |
(81) |
(46) |
(27) |
| Depreciation on property and equipment |
41 |
41 |
na |
na |
| Provision for losses |
(133) |
(685) |
23 |
(92) |
| Retirement of property and equipment |
0 |
0 |
na |
na |
| Net change in operating assets and liabilities |
157 |
(88) |
(20) |
(26) |
| Net Cash Provided by Operating Activities |
$ 1,256 |
$ 793 |
$ 467 |
$ 359 |
| Investments matured and sold |
6,300 |
2,980 |
1,925 |
895 |
| Investments purchased (includes purchase of property and equipment) |
(8,517) |
(5,880) |
(2,847) |
(2,257) |
| Net Cash Used by Investing Activities |
$ (2,217) |
$ (2,900) |
$ (922) |
$ (1,362) |
| Net Decrease in Cash and Cash Equivalents |
(961) |
(2,107) |
(455) |
(1,003) |
| Cash and Cash Equivalents - Beginning |
2,544 |
4,607 |
1,059 |
2,095 |
| Unrestricted Cash and Cash Equivalents - Ending |
na |
na |
$ 480 |
$ 863 |
| Restricted Cash and Cash Equivalents - Ending |
na |
na |
$ 124 |
$ 229 |
| Cash and Cash Equivalents - Ending |
$ 1,583 |
$ 2,500 |
$ 604 |
$ 1,092 |
|
