|
|
Savings Association Insurance Fund, Statements of Cash
Flows
March 2004
Dollars in Millions
|
Unaudited
March 31 2004 |
December 31 2003 |
Unaudited March 31
2003 |
|
|
Operating Activities |
|
|
|
|
Provided by: |
|
|
|
|
Interest on U.S. Treasury obligations |
$168 |
$621 |
$152 |
|
Assessments |
5 |
15 |
8 |
|
Entrance and exit fees, including interest on exit fees |
1 |
4 |
2 |
|
Recoveries from thrift resolutions |
1 |
14 |
1 |
|
Miscellaneous receipts |
0 |
15 |
7 |
|
Used by: |
|
|
|
| Operating Expenses |
(33) |
(130) |
(32) |
| Disbursements for
bank resolutions |
(6) |
(7) |
(2) |
|
Net Cash Provided by (Used by) Operating Activities |
136 |
532 |
136 |
|
|
|
|
|
|
Investing Activities |
|
|
|
|
Provided by: |
|
|
|
|
Maturity of U.S. Treasury obligations, held-to-maturity |
100 |
1,170 |
185 |
|
Maturity or sale of U.S. Treasury obligations, available-for-sale |
175 |
575 |
200 |
| Used by: |
|
|
|
| Purchase of
U.S. Treasury obligations, held-to-maturity |
(569) |
(2,305) |
0 |
| Purchase of U.S.
Treasury obligations, available-for-sale |
0 |
(1,008) |
(87) |
| Net Cash (Used
by) Provided by Investing Activities |
(294) |
(1,568) |
298 |
| |
|
|
|
| Net
(Decrease)/Increase in Cash and Cash Equivalents |
(158) |
(1,036) |
434 |
|
Cash and Cash
Equivalents - Beginning |
1,059 |
2,095 |
2,095 |
|
Unrestricted Cash and Cash Equivalents - Ending |
668 |
827 |
2,304 |
| Restricted
Cash and Cash Equivalents - Ending |
233 |
232 |
225 |
| Cash and Cash
Equivalents - Ending |
$901 |
$1,059 |
$2,529 |
SAIF
Portfolio Expected
Maturities and Coupons
| |
Maturities |
Coupons |
4Q 04 |
2,755 |
546 |
05 |
1,105 |
458 |
06 |
1,245 |
377 |
07 |
1,220 |
273 |
| 08 |
1,130 |
191 |
|
|
|
|
