|
|
DIF
Statements of Cash Flows - Fourth Quarter 2009
| Fund Financial Results |
($
in millions ) |
| Statements of Cash Flows |
|
Unaudited Dec-09 |
Unaudited Sep-09 |
Quarterly Change |
Audited Dec-08 |
Year-Over-Year Change |
Net (Loss)/Income |
($35,728) |
($23,461) |
($12,267) |
($37,033) |
$1,305 |
| Amortization of U.S. Treasury obligations (unrestricted) |
211 |
191 |
20 |
457 |
(246) |
| TIPS Inflation Adjustment |
11 |
18 |
(7) |
(271) |
282 |
| Depreciation on property and equipment |
71 |
50 |
21 |
55 |
16 |
| Loss on retirement of property and equipment |
1 |
1 |
- |
- |
1 |
| Provision for insurance losses |
57,723 |
39,946 |
17,777 |
41,839 |
15,884 |
| Unrealized (loss)/gain on postretirement benefits |
(28) |
- |
(28) |
5 |
(33) |
| (Gain) on sale of UST obligations |
(1,389) |
(1,389) |
- |
(775) |
(614) |
| Guarantee termination fee from Citigroup |
(2,225) |
- |
(2,225) |
- |
(2,225) |
| Systemic risk expenses |
- |
- |
- |
(2) |
2 |
| Net change in operating assets and liabilities |
17,059 |
(22,444) |
39,503 |
(26,336) |
43,395 |
| Net Cash Provided by/(Used by) Operating Activities |
$35,706 |
($7,088) |
$42,794 |
($22,061) |
$57,767 |
| Investments matured and sold |
21,432 |
19,391 |
2,041 |
21,209 |
223 |
| Investments purchased (includes purchase of property and equipment) |
(4) |
(3) |
(1) |
(4) |
- |
| Net Cash Provided by/(Used by) Investing Activities |
$21,428 |
$19,388 |
$2,040 |
$21,205 |
$223 |
| Net Increase/(Decrease) in Cash and Cash Equivalents |
57,134 |
12,300 |
44,834 |
(856) |
57,990 |
| Cash and Cash Equivalents at beginning of year |
3,388 |
3,388 |
- |
4,245 |
(857) |
| Unrestricted Cash and Cash Equivalents - Ending |
54,092 |
8,546 |
45,546 |
1,011 |
53,081 |
| Restricted Cash and Cash Equivalents - Ending |
6,431 |
7,141 |
(710) |
2,377 |
4,054 |
| Cash and Cash Equivalents - Ending |
$60,522 |
$15,688 |
$44,834 |
$3,389 |
$57,133 |
|
