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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flow from operating activities:    
Net earnings $ 80,569 $ 78,223
Adjustments to reconcile net earnings to cash provided by operations:    
Depreciation 63,641 54,068
Amortization of deferred policy acquisition costs 2,811 4,375
Change in allowance for losses on trade receivables (102) 135
Change in allowance for inventory reserves 695 1,377
Net gain on sale of real and personal property (7,516) (9,710)
Net gain on sale of investments 39 (3,516)
Deferred income taxes 4,641 32,446
Net change in other operating assets and liabilities:    
Reinsurance recoverables and trade receivables 23,486 (37,146)
Inventories (5,398) (393)
Prepaid expenses 267 1,150
Capitalization of deferred policy acquisition costs (5,420) (4,518)
Other assets 20,518 10,586
Related party assets 139,519 (3,198)
Accounts payable and accrued expenses 47,981 17,534
Policy benefits and losses, claims and loss expenses payable (24,242) 4,517
Other policyholders' funds and liabilities (1,884) (1,084)
Deferred income 6,457 8,328
Related party liabilities 1,531 245
Net cash provided by operating activities 347,593 153,419
Purchase of:    
Property, plant and equipment (157,786) (215,779)
Short term investments (55,075) (66,363)
Equity securities   (8,759)
Real estate   (12)
Mortgage loans (14,452) (36,202)
Proceeds from sale of:    
Property, plant and equipment 62,426 55,010
Short term investments 66,393 79,877
Equity securities   8,800
Real estate 4 34
Mortgage loans 11,547 17,992
Net cash used by investing activities (112,515) (173,967)
Cash flow from financing activities:    
Borrowings from credit facilities 26,187 58,558
Principal repayments on credit facilities (61,142) (42,252)
Debt issuance costs   (560)
Capital lease payments (3,888) (1,727)
Leveraged Employee Stock Ownership Plan - repayments from loan 162 280
Securitization deposits (908) 27,953
Preferred stock redemption paid   (144,289)
Preferred stock dividends paid   (3,077)
Contribution to related party   (518)
Investment contract deposits 28,993 2,588
Investment contract withdrawals (7,967) (8,195)
Net cash used by financing activities (18,563) (111,239)
Effects of exchange rate on cash (376) 44
Increase (decrease) in cash and cash equivalents 216,139 (131,743)
Cash and cash equivalents at the beginning of period 350,100 375,496
Cash and cash equivalents at the end of the period 566,239 243,753
Fixed maturities investments
   
Purchase of:    
Payments to acquire investments (50,553) (75,059)
Proceeds from sale of:    
Proceeds from sale of acquired investments 23,978 66,035
Preferred stock investments
   
Purchase of:    
Payments to acquire investments   (541)
Proceeds from sale of:    
Proceeds from sale of acquired investments $ 1,003 $ 1,000