|
|
DIF
Statements of Cash Flows -
Third Quarter 2006
| Fund Financial Results |
($ in millions – All data is unaudited) |
| Statements of Cash Flows |
| |
09/30/06 |
12/31/05 |
09/30/05 |
Year-Over-Year
Change |
| Net Income |
$ 1,547 |
$ 1,611 |
$ 1,152 |
$ 395 |
| Amortization of U.S. Treasury obligations (unrestricted) |
454 |
834 |
666 |
(212) |
| TIPS Inflation Adjustment |
(178) |
(345) |
(187) |
9 |
| Depreciation on property and equipment |
39 |
55 |
36 |
3 |
| Provision for insurance losses |
(101) |
(160) |
(141) |
40 |
| Net change in operating assets and liabilities |
(241) |
404 |
331 |
(572) |
| Net Cash Provided by Operating Activities |
$ 1,520 |
$ 2,399 |
$ 1,857 |
$ (337) |
| Investments matured and sold |
3,480 |
10,050 |
6,920 |
(3,440) |
| Investments purchased (includes purchase of property and equipment) |
(5,919) |
(11,741) |
(9,667) |
3,748 |
| Net Cash Used by Investing Activities |
$ (2,439) |
$ (1,691) |
$ (2,747) |
$ 308 |
| Net Increase (Decrease) in Cash and Cash Equivalents |
(919) |
708 |
(890) |
(29) |
Cash
and Cash Equivalents at beginning
of year |
3,231 |
$ 2,523 |
$ 2,523 |
$ 708 |
| Cash and Cash Equivalents - Ending |
$ 2,312 |
$ 3,231 |
$ 1,633 |
$ 679 |
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