|
|
DIF
Statements of Cash Flows -
Third Quarter 2008
| Fund Financial Results |
($
in millions ) |
| Statements of Cash Flows |
| |
Sep-08 |
Jun-08 |
Quarterly Change |
Sep-07 |
Year-Over-Year Change |
| Net (Loss)/Income |
($19,165) |
($8,882) |
($10,283) |
$1,582 |
($20,747) |
| Amortization of U.S. Treasury obligations (unrestricted) |
370 |
257 |
113 |
431 |
(61) |
| TIPS Inflation Adjustment |
(313) |
(210) |
(103) |
(286) |
(27) |
| Depreciation on property and equipment |
41 |
27 |
14 |
40 |
1 |
| Provision for insurance losses |
22,676 |
10,746 |
11,930 |
56 |
22,620 |
| Unrealized gain on postretirement benefits |
0 |
0 |
0 |
20 |
(20) |
| (Gain) on sale of UST obligations |
(473) |
0 |
(473) |
0 |
(473) |
| Net change in operating assets and liabilities |
(22,308) |
(1,934) |
(20,374) |
5 |
(22,313) |
| Net Cash Provided by (Used by) Operating Activities |
($19,172) |
$4 |
($19,176) |
$1,848 |
($21,020) |
| Investments matured and sold |
15,784 |
5,009 |
10,775 |
6,256 |
9,528 |
| Investments purchased (includes purchase of property and equipment) |
(3) |
(1) |
(2) |
(8,204) |
8,201 |
| Net Cash Provided by/(Used by) Investing Activities |
$15,781 |
$5,008 |
$10,773 |
($1,948) |
$17,729 |
| Net Increase (Decrease) in Cash and Cash Equivalents |
(3,391) |
5,012 |
(8,403) |
(100) |
(3,291) |
| Cash and Cash Equivalents at beginning of year |
4,245 |
4,245 |
0 |
2,954 |
1,291 |
| Cash and Cash Equivalents - Ending |
$854 |
$9,257 |
($8,403) |
$2,854 |
($2,000) |
|
