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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
1 Months Ended 11 Months Ended 12 Months Ended
Dec. 31, 2010
Nov. 30, 2010
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities        
Net income (loss)     $ (220,686)  
Reconciling adjustments:        
Provision for finance receivable losses 38,705 444,273 337,603 332,321
Bargain purchase gain (1,469,182)      
Cash flows from financing activities        
Cash and cash equivalents at beginning of period 1,473,796      
Cash and cash equivalents at end of period   1,473,796 1,400,000  
Supplemental non-cash activities        
Transfer of finance receivables held for sale to finance receivables held for investment     1,400  
Predecessor
       
Cash flows from operating activities        
Net income (loss)   (4,454)    
Reconciling adjustments:        
Provision for finance receivable losses   444,273    
Depreciation and amortization   141,323    
Deferral of finance receivable origination costs   (35,976)    
Deferred income tax charge (benefit)   1,791    
Writedowns and net loss on sales of real estate owned   42,883    
Net realized losses on investment securities   9,825    
Change in other assets and other liabilities   2,999    
Change in insurance claims and policyholder liabilities   (30,398)    
Change in taxes receivable and payable   (242,612)    
Change in accrued finance charges   33,504    
Change in restricted cash   (4,747)    
Other, net   (2,848)    
Net cash provided by (used for) operating activities   355,563    
Cash flows from investing activities        
Finance receivables originated or purchased   (1,330,153)    
Principal collections on finance receivables   2,942,505    
Affiliates contributed by SLFI to SLFC   466    
Sales and principal collections on finance receivables held for sale originated as held for investment   37,764    
Investment securities purchased   (74,942)    
Investment securities called, sold, and matured   72,078    
Change in notes receivable from parent and affiliate   1,474,321    
Change in restricted cash   (250,143)    
Proceeds from sale of real estate owned   198,727    
Other, net   8,394    
Net cash provided by investing activities   3,079,017    
Cash flows from financing activities        
Proceeds from issuance of long-term debt   3,501,205    
Debt commissions on issuance of long-term debt   (87,237)    
Repayment of long-term debt   (4,346,445)    
Change in short-term debt   (2,342,201)    
Capital contributions from parent   21,929    
Net cash used for financing activities   (3,252,749)    
Effect of exchange rate changes   (656)    
Increase (decrease) in cash and cash equivalents   181,175    
Cash and cash equivalents at beginning of period   1,292,621    
Cash and cash equivalents at end of period   1,473,796    
Supplemental cash flow information        
Interest paid   833,623    
Income taxes paid (received)   (454,430)    
Supplemental non-cash activities        
Transfer of finance receivables to real estate owned   258,690    
Dividend of income tax receivable to SLFI   705,502    
Transfer of finance receivables held for sale to finance receivables held for investment   655,565    
Successor
       
Cash flows from operating activities        
Net income (loss) 1,462,904   (220,686) (224,723)
Reconciling adjustments:        
Provision for finance receivable losses 38,705   337,603 332,321
Depreciation and amortization 3,303   175,391 256,401
Deferral of finance receivable origination costs (3,686)   (46,993) (47,044)
Deferred income tax charge (benefit) (7,250)   (144,984) (116,171)
Writedowns and net loss on sales of real estate owned 6,314   59,843 68,765
Writedowns on assets resulting from restructuring     5,046  
Impairments of Ocean Finance and Mortgages Limited assets     8,342  
Mark to market provision on finance receivables held for sale originated as held for investment     1,372  
Net gain on sales of finance receivables held for sale originated as held for investment     (5,908)  
Net loss on repurchases of debt     17,915  
Gain on early extinguishment of secured term loan       (10,664)
Bargain purchase gain (1,469,182)      
Net realized losses on investment securities 282   3,119 4,168
Change in other assets and other liabilities (151,865)   (26,840) (33,979)
Change in insurance claims and policyholder liabilities (998)   37,381 (12,346)
Change in taxes receivable and payable 5,132   56,456 (42,669)
Change in accrued finance charges 6,194   7,426 887
Change in restricted cash 1,076   (1,737) 15,504
Other, net (1,660)   (196) 2,263
Net cash provided by (used for) operating activities (110,731)   262,550 192,713
Cash flows from investing activities        
Finance receivables originated or purchased (116,646)   (1,654,407) (1,857,051)
Principal collections on finance receivables 245,398   2,581,211 2,758,214
Purchase of finance receivables from affiliates     (14,875)  
Sales and principal collections on finance receivables held for sale originated as held for investment     181,561  
Investment securities purchased     (73,858) (106,464)
Investment securities called, sold, and matured 8,494   158,403 108,463
Change in notes receivable from parent and affiliate (9,500)   30,750  
Change in restricted cash (21,643)   (50,003) 237,324
Proceeds from sale of real estate owned 21,305   180,786 205,519
Other, net 296   58 (19,546)
Net cash provided by investing activities 127,704   1,339,626 1,326,459
Cash flows from financing activities        
Proceeds from issuance of long-term debt     2,275,520 2,362,113
Debt commissions on issuance of long-term debt     (9,190) (20,683)
Repayment of long-term debt (119,704)   (3,012,712) (4,731,278)
Capital contributions from parent 10,500   21,000 10,500
Dividends       (45,000)
Net cash used for financing activities (109,204)   (725,382) (2,424,348)
Effect of exchange rate changes (31)   2,949 1,111
Increase (decrease) in cash and cash equivalents (92,262)   879,743 (904,065)
Cash and cash equivalents at beginning of period 1,473,796   477,469 1,381,534
Cash and cash equivalents at end of period 1,381,534   1,357,212 477,469
Supplemental cash flow information        
Interest paid 201,411   836,156 908,408
Income taxes paid (received) 45   18,642 60,590
Supplemental non-cash activities        
Transfer of finance receivables to real estate owned 28,709   180,102 224,328
Transfer of finance receivables held for investment to finance receivables held for sale (prior to deducting allowance for finance receivable losses)     182,208  
Transfer of finance receivables held for sale to finance receivables held for investment     $ 1,353